|Mitt Romney (Photo credit: Wikipedia)|
There are many things that demonstrate that Mitt Romney doesn’t care about the middle class and also that he doesn’t understand what middle class people are going through. Let’s just list five:
1) The U.S. Auto Industry. Mitt famously wrote an op-ed at the end of 2008, “Let Detroit Go Bankrupt”. After President Obama successfully steered the US auto industry through a government-financed bankruptcy process (and the Federal government was paid back 100% with interest), Mitt said that is what he would have done. No, Mitt would have tried to put GM and Chrysler through a private restructuring like he did at Bain Capital–breaking up the companies, selling off the parts, laying off hundreds of thousands of direct auto workers, and destroying thousands of indirect 3rd-party auto supply companies. In 2008-2009, there was no way to get private financing for small deals, not to mention a “deal” as large as the auto industry rescue. That is why President Obama knew that the Federal government was the “bank of last resort”–that is one of the functions of the government.
2) The U.S. Housing Crisis. In 2009-2010, Mitt Romney suggested that people should just lose their homes so that speculators could buy those homes at rock-bottom prices and rent them out to others. Again, Mitt didn’t think about or care about the psychological and economic effects of all of those homes being lost and local economies being ruined. He has five houses, why should he care?
3) Pell Grants and other forms of financial assistance for college students. President Obama believes that helping Americans receive the best higher education possible is an investment in America’s future. Mitt Romney said that students should “shop around and get the best education they can afford”. He even told students that they could just “borrow $20,000 from your parents”. Yeah, right. Just like he can so easily hold out his hand to make a $10,000 bet with Rick Perry, he thinks everyone has $20,000 just sitting around. President Obama wants to increase the availability of Pell Grants and reduce the cost of borrowing for education by cutting out the middle man banks. Mitt Romney and the Republicans want to eliminate any government assistance for college students.
4) The Affordable Care Act. Mitt Romney said that on “Day One”, he will abolish the ACA. It doesn’t matter to Mitt that the #1 reason people file bankruptcy is because of high medical costs. He doesn’t care that seniors are receiving checks to close the Medicare “donut hole”, or that many people are now receiving rebate checks from insurance companies because they were previously overcharged. Mitt gave each of his five sons a $100 Million trust fund; he doesn’t care that other young people can stay on their parents’ insurance until age 26.
5) The Lilly Ledbetter Fair Pay Act. Mrs. Romney has never worked a job outside her home, ever; and while at Bain Capital, Mitt’s job was not to create jobs, but to create wealth for his investors–even if it meant firing tens of thousands of people. Remember, Mitt said: “I like firing people!” When asked about Mitt’s stance on the Lilly Ledbetter Act (the 1st Act President Obama signed), his people said they’d have to get back to us on that. When women earn 70% of what men are paid for the same job, it affects the present economic security of their families as well as the women’s long-term financial security because there is less paid into their future Social Security and Medicare–of course, those are two other programs Mitt wants to eliminate.
Think about all this when you feel that President Obama has “disappointed” you or that Mitt or any Republican will make things better for you and your family. He doesn’t care, and neither do the Republicans. In the 2 years that the Republicans have been in charge of the House of Representatives, they have not passed ONE jobs bill. The American Jobs Act that the President has presented them has been untouched for a year.
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