In Business, Politics on May 14, 2012 at 12:00 am

“Unfortunately, a lot of young folks haven’t had the opportunity to really understand how the economy works,” GOP Presidential candidate Mitt Romney told WBTV in Charlotte, North Carolina.

Nor, said Romney, do they understand “what it takes to put people to work in real jobs, and why we have banks, and what banks do.

“It’s a very understandable sentiment if you don’t find a job, and you can’t see rising incomes. You’re going to be angry and looking at someone to blame.”

On May 9, protesters held massive demonstrations outside Bank of America’s shareholder meeting in Charlotte.  Their ranks included victims of home foreclosures, environmentalists and Occupy Wall Street activists.

But Romney did offer a target for the protesters’ wrath: “The president and the old school liberals that have not gotten this economy turned around.”

Of course, it’s understandable that Romney should feel as he does:

  • As a prominent member of America’s privileged 1%, he commands a fortune estimated at $250 million.
  • His wife, by his admission, drives “a couple of Cadillacs.”
  • And he has “some friends who are NASCAR team owners.”
  • Not to mention a Swiss bank account and offshore investments in the Cayman Islands.
  • It has been estimated that Romney has amassed twice the net worth of the last eight presidents combined.
  • He would rank among the four richest presidents in American history if elected.

So, there you have it.

If you’re one of the estimated 14 to 25 million unemployed or under-employed Americans, don’t look to Romney or the GOP for help or even sympathy.

It’s all your fault.

It’s your fault that, today, more than 2 million Americans have been unemployed for at least 99 weeks—the cutoff point for unemployment insurance in the hardest-hit states.

It’s your fault that the longer a person is out of work, the less likely s/he is to find an employer willing to hire.

It’s your fault that all “job creating” programs have one thing in common: They apply plenty of carrots–but absolutely no sticks.

It’s your fault that the government must bribe employers–through tax credits or tax breaks–to entice them to behave like patriots instead of parasites.

It’s your fault that there are no penalties for employers whose refusal to hire condemns millions of their fellow citizens to disaster.

It’s your fault that corporations across the country are now sitting atop $2 trillion in profits. 

It’s your fault that their CEOs are using those monies for enriching themselves, their bought-off politicians, their families—and occasionally their mistresses.

It’s your fault that CEOs are using those monies to buy up their corporate rivals, throw even more Americans into the streets, and pocket their profits.

It’s your fault that CEOs are using those profits to create or enlarge companies outside the United States.

It’s your fault that the one expense CEOs refuse to underwrite is hiring their fellow Americans.

It’s your fault that CEOs want to pay their un-American employees far lower wages than would be tolerated by employees within the United States.

It’s your fault that CEOs want to escape American employee-protection laws–such as those mandating worker’s compensation or forbidding sexual harassment.

It’s your fault that CEOs want to escape American consumer-protection laws–such as those banning the sale of lead-contaminated products (a hallmark of Chinese imports).

It’s your fault that CEOs want to escape American laws protecting the environment–such as those requiring safe storage of dangerous chemicals.

It’s your fault that the loss of jobs within the United States owes to companies’ moving their operations abroad—solely to pay substandard wages to their new employees.

It’s your fault that mass firings of employees usually accompany corporate mergers or acquisitions.

It’s your fault that many employers victimize part-time employees, who are not legally protected against such threats as racial discrimination, sexual harassment and unsafe working conditions.

It’s your fault that many employers refuse to create better than menial, low-wage jobs.

It’s your fault that right-wing politicians encourage corporate employers to extort “economic incentives” from cities or states in return for moving to or remaining in those areas.

It’s your fault that such “incentives” usually absolve employers from complying with laws protecting the environment and/or workers’ rights.

It’s your fault that many employers refuse to provide medical and pension benefits—nearly always in the case of part-time employees, and, increasingly, for full-time, permanent ones as well.

It’s your fault that such employers want, in short, to enrich themselves at the direct expense of their country. 

It’s your fault if you’ve forgotten that, in decades past, such conduct used to be called treason–and punished accordingly.

It’s your fault that crime rates are now rising, due to rising unemployment.

And it’s your fault if you vote for GOP politicians who support such corrupt and ruinous policies.

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