Small Businessman’s Reality — Romney Leadership Needed Now!

By Glen Goodsell

Our nation and world is at a crossroads. I’m a businessman and have been for over 25 years. I work closely with many other entrepreneurs. I can speak from the realities of those in the trenches. Our economic freedom and opportunity for “life, liberty, and the pursuit of happiness” have never been more in jeopardy. I see it; I live it every day.

Glen Goodsell

Jobs are being lost, particularly in small business – the backbone of our nation’s economy. The statistics and propaganda the government and media are feeding us is misleading. Our situation is dire.

I have a close business associate who will lay off three employees Monday. This represents 30% or more of his work force. One of my businesses, a commercial construction business, will likely lay off 10 employees by month’s end - again, representing over one third of the current employee base. In another separate start-up business we already laid off one third of the work force.

We (small businesses) hope to rehire, but the situation is grim. Frankly, people we do business with say they are reluctant to make any decision to expand or execute contracts due to concerns about the economic direction of our nation. This reluctance stems from the fear we will experience another four years of disastrous leadership in the executive and legislative branches of our Nation’s government. Yes, these fears are directed at the current President of the United States of America.

Governor Mitt Romney speaking at Sauereisen, Inc., a construction materials company in Pittsburgh, Pennsylvania, May 4, 2022 / Photo Credit: Justin K. Allen, Getty Images

In my construction business the final quarter is typically a boom quarter where clients look to spend budgeted funds or look to an optimistic start to a new year. Unfortunately, this is not the case this year.

These are some realities from a businessman who is working the streets every day:

  • Unemployment in reality is two to three times what the government and media want us to believe.
  • The number of those underemployed is staggering.
  • Owners of small business by the thousands would add to the ranks of the unemployed, but don’t qualify for relief. They may be out of business or on the verge of going out of business.
  • I took a short drive on the freeway Saturday with my son and daughter to a specialty retail shop. I was shocked as I noticed several empty places of business and signs soliciting space for lease. These signs were like litter along the freeway.

I believe in our Nation. I believe in the people of this great land. I believe in the entrepreneurial leadership this land has spawned over decades. We (the people) need to be set free from our present shackles and chains. This can only happen in a timely manner if we are given a change in leadership in our government. It is time to clean up the litter. That change needs to happen NOW!

Glen Goodsell is a husband, father, entrepreneur, and humanitarian. He is married to Amy and they have five children (two married and three are miracles through adoption and are African American). Glen is a businessman, CPA, and has a master’s degree. He has spent the last 25 years as an owner of a construction business as well as various other business ventures. He loves people, has a passion for helping youth, and has served as a Boy Scout Master for many years. Glen spent his childhood years in the Washington, D.C. area. This provided a foundation for his love of American history, particularly our founding fathers. He lives in Southern California where he and his family live an active life with a love of the outdoors.

Romney’s Labor Day Statement: “Even Obama has said we aren’t better off…”


Republican Presidential Nominee, Mitt Romney, today released the following statement on Labor Day:

“Labor Day is a chance to celebrate the strong American work ethic. But for far too many Americans, today is another day of worrying when their next paycheck will come. Over 23 million Americans are struggling for work and job creation has not returned to our economy the way it should. Even President Obama has said we aren’t better off today than we were four years ago. My plan for a stronger middle class will champion small businesses, create millions of good jobs, and build a better future for our country.

From The Washington Times:

For 23 million Americans without jobs, the Labor Day holiday is not a day off but just another day without work. It’s a fitting hash mark for the presidential campaign kickoff, reminding Americans of President Obama’s tragic failure to deliver.

In 2009, Mr. Obama promised to lower unemployment to 5.5 percent by 2012. It’s stuck at 8.3 percent. In his first budget, hopefully titled “A New Era of Responsibility,” he projected current growth in the gross domestic product would be a red-hot 6.3 percent. Instead, the country creeps along at a miserable 1.5 percent. One measure of the Obama administration’s desperation is Labor Secretary Hilda L. Solis applauding the latest youth unemployment figures, which dipped all the way to 17.1 percent. When numbers that high make officials “excited,” you know things are terrible.

For Americans who are fortunate enough to have jobs, Labor Day is a time to relax with family and friends and enjoy the fruits of their hard work. For the millions still looking for employment or who have given up their search in frustration, it is just another bummer Obama day.

Hold on, America. Help is on the way!

Romney & Ryan are just 63 days away from being voted into office.

From Team MRC


Follow Jayde Wyatt on Twitter @YayforSummer

Romney: April Jobs Report “Terrible and Disappointing” (Video)

The U.S. Labor Department shared discouraging news this morning.

In the month of April only 115,000 jobs were added to our economy. Economists had projected an increase of 160,000-170,000 jobs. This is a worrisome downward development.

The labor market data confirms that the economy gained little momentum over the past six to nine months,” said Steven Ricchiuto, chief economist at Mizuho USA.

At the same time, April unemployment dropped from 8.2% to 8.1%.

Why?

More people have thrown in the towel and dropped out of the labor force. They gave up.

Statisticians don’t include the ‘giver-uppers’ number in their unemployment data. Get this… 342,000 Americans stopped looking for work last month. The labor participation rate is the lowest its been since 1981. That’s a new 30 year low of 64.3%.

We’ve got a new American demographic - job-search drop outs:

● Mitt Romney was a guest on FOX & Friends this morning. Along with the foreign policy topic of Chinese dissident Chen Guangcheng and the Richard Grenell resignation, host Gretchen Carlson asked Romney about the latest jobs report:

We should be seeing numbers in the 500,000 jobs created per month. This is way, way, way off from what should happen in a normal recovery.

It’s a terrible and very disappointing report this morning.

The President, in his first year in office, said that he would hold unemployment below 8% and we’ve had 38 straight months unemployment above 8%. This is the longest period of high unemployment that we’ve seen since we started collecting these records back in 1948. It’s a terrible record and it shows that the President’s policies have simply not worked. It’s taken far too long for our economy to recover.”- Mitt Romney

Additional jobs report data:

● Long-term unemployment continues to be a problem. The average unemployed American has been without work for 39.1 weeks, or about nine months. Over 40 percent of the unemployed have been out of work for more than six months.

● There are 7.9 million people working part-time involuntarily.

John Silva, chief economist at Wells Fargo added his thought on our shrinking labor force dilemma: “If there are less people working, then your potential for what the economy can produce is reduced.”

Look at the 86 million invisible unemployed:

Fifty percent of kids coming out of college can’t find jobs or work equal to their skills. Home prices, factory orders, retail sales, and construction orders are down.

Veteran White House reporter Keith Koffler wrote this today:

But the trend is clearly downward. This is a huge setback for the president, and if things don’t improve soon, a very bad omen for his reelection prospects. They’ll spin the 8.1 percent number at the White House, but they know they have a problem.

At this point in a recovery, the economy should be pumping out jobs. Something is very wrong, and the president … has no idea what to do about it.

(emphasis added)

By Lisa Benson - May 3, 2022

[I]f April is indicative of the new normal, and winter was a blip, we won’t erase the gap until the 2030s. Spin today’s numbers how you’d like, but that’s a future nobody should hope for. - Derek Thomson, senior editor, The Atlantic

UPDATE - Check out Team Obama’s spin: President Obama’s Low Bar For “Good News”




► Jayde Wyatt

Romney Secures Strong, Bold Endorsement from The Oklahoman

The Oklahoman
This Op-Ed endorsement from The Oklahoman editorial board I find to be extraordinary for three reasons: 1) It is from the South (though Oklahomans probably consider themselves middle America), 2) The opinion is rich with significant facts establishing Romney’s superior leadership skills and experience, and 3) The content is quite effusive in support of Romney as the board excoriates Obama by contrast.

I vividly remember history of four years ago when the South was cool on Romney. As a Romney supporter, I was astonished at the time that McCain was getting traction there. In hindsight, I realize that one of the reasons was that people didn’t look deeply into Governor Romney’s amazing leadership experience and unusual successes. This time is different. The Oklahoman is not only providing this strong voice of reason, they are taking this step very early in the process, securing a bold leadership position in the South.

Powerful advice to the nation at the beginning of this piece:

“Let’s unite behind a man who can beat Obama and let’s do it sooner rather than later….That man is Mitt Romney.”

Chief Executive, Governor Romney


Consider these parting comments of the editorial board:

“The time to unite behind Romney is now, not after Iowa or New Hampshire or the Oklahoma primary in early March. Now!”

I can just imagine a vigorous discussion among board members as they considered the credentials of a man they probably know well from Georgia. There were probably a few on the board that would prefer a Southerner over any other candidate as was the case of Huckabee. I would have loved to be a gnat on the wall to hear that discussion! To hear that exchange would have been fascinating. The entire article is excellent and leaving excerpts here doesn’t do it justice, but for those of you with very limited time, here are some of the standout quotes (each excerpt is taken out of context but in sequence):

“Voices of common sense, not anger and entitlement, spring from the Heartland. We must raise our voice again because America is in trouble. We stand and watch as our country plummets deeper into polarization. We are divided by a divisive president — Republicans and Democrats, wealthy and poor, employed and unemployed.”

Click here to continue reading

Obama on the Economy: ‘Profoundly’ Not Working

David Plouffe - Senior Adviser to President Obama, former Obama campaign manager


President Obama’s senior adviser, David Plouffe, said yesterday that the White House Jobs Plan will have a “profound impact”:

White House Adviser David Plouffe: “The president has been very clear as he’s traveled across the country and in the speech to Congress that he thinks the American Jobs Act would have a profound impact on our economy right now.” (CNN’s “State Of The Union,” 9/25/11)

• “We’re going to continue to demand this type of action that is going to have a profound impact on the economy right now.” (CNN’s “State Of The Union,” 9/25/11)

• “We think these things can have a profound impact not just in the next year or year-and-a-half but provide a foundation for longer term growth as we go through the decade.” ” (CNN’s “State Of The Union,” 9/25/11)

The plan will NOT have a profound impact on America’s unemployment crisis:

Associated Press: The President’s “jobs plan” will not make a substantial dent in the unemployment rate for years. “Even if Congress heeds President Barack Obama’s demands to ‘pass this bill right away’ and enacts his jobs and tax plan in its entirety, the unemployment rate probably still would hover in nosebleed territory for at least three more years.” (“Obama Plan Would Make Small Dent In Jobless Rate,” The Associated Press, 9/24/11)

“The persistent weakness of the U.S. economy has left 14 million people unemployed people and more than 25 million unable to find full-time work.”(“Obama Plan Would Make Small Dent In Jobless Rate,” The Associated Press, 9/24/11)

The plan WILL have a profound impact on taxpayers:

To pay for his jobs plan – which even Democrats are hesitant to support - President Obama is proposing hundreds of billions of dollars in permanent tax increases. “While it is likely that the tax incentive portion of President Obama’s plan would deliver few jobs and little economic growth, the permanent tax increases that ‘pay for’ the tax cuts can do permanent harm to the economy. Reportedly, the tax increase measures total roughly $460 billion over ten years.” (Fiscal Fact No. 283, Tax Foundation, 9/19/11)

The Washington Post: President Obama’s deficit reduction plan is padded with more than $2 trillion in tax increases. “The administration’s claim to have come up with $4 trillion in deficit reduction is misleading. The more accurate amount is barely half that, including … $1.5 trillion in tax increases on the wealthy. … The administration further pads its results by giving itself credit for $866 billion in ‘savings’ from letting the George W. Bush tax cuts expire for those making more than $250,000 a year.” (Editorial, “In Debt Plan, Mr. Obama Goes ‘Medium,’” The Washington Post, 9/19/11)

So far, the plan has not had a profound impact on the president’s Democratic allies:

“President Obama anticipated Republican resistance to his jobs program, but he is now meeting increasing pushback from his own party. Many Congressional Democrats, smarting from the fallout over the 2009 stimulus bill, say there is little chance they will be able to support the bill as a single entity, citing an array of elements they cannot abide.” (Jennifer Steinhauer, “Some Democrats Are Balking At Obama’s Jobs Bill,” The New York Times, 9/14/11)

(my emphasis)

CBS Headline: “Even Democrats Skeptical of Obama’s Jobs Act.” (CBSNews.com, 9/17/11)

Flashback – The Last Time President Obama’s Advisers Made Predictions About Economic Stimulus, They Were Flat-Out Wrong:


(Romer and Bernstein, “The Job Impact Of The American Recovery And Reinvestment Plan,” 1/9/09)

At 9.1%, the unemployment rate remains well above what Obama officials predicted would occur either with or without the first stimulus. The Romer-Bernstein analysis projected that, by this point in time, unemployment would be less 7% with the stimulus in effect and less than 8% without the stimulus. (Christina Romer and Jared Bernstein, White Paper, “The Job Impact Of The American Recovery And Reinvestment Plan,” 1/9/09)

Unemployment among African Americans is at 15.9% and Obama is facing increasing criticism from black members of Congress. His approval numbers among African Americans have taken a nose dive; 58% say they have “strongly favorable” views of the president, down from 83% just five months ago.

Last Saturday, Obama spoke to the Congressional Black Caucus at their annual awards dinner in Washington, D.C. It was a fiery-worded campaign speech for his base. He clearly isn’t moving to the center; he’s chosen confrontation over compromise.

Obama scolds Black Caucus 9/24/11 (audio ends @:45):

I expect all of you to march with me and press on,” Obama told the audience. “Take off your bedroom slippers, put on your marching shoes. Shake it off. Stop complaining, stop grumbling, stop crying. We are going to press on. We’ve got work to do, CBC.”

To read a transcript of Obama’s speech, click here.

Meanwhile, tough times brings out the creative capitalism at Hallmark (9/23/11)


► Jayde Wyatt

Stagnant Jobs Report: Eight Years of Obama? Romney Says No


Today’s job report shows that unemployment is at 9.1%. Is that good news?

14% of small businesses laid off employees last month and they don’t plan to re-hire or expand. The number of workers who have stopped working and those who are engaged in part-time work, who want full-time work, push the job report numbers to 16%.

46 million Americans are on food stamps, the highest number in U.S. history, up 20 million from 2008.

Yesterday, the meltdown of the stock market saw the Dow Jones Industrial plummet 513 points - spooking investors across the world. The news today that hiring had slightly picked up in July caused the stock market to open higher this morning, but those gains were wiped out in just 25 minutes. Later in the day, only when the Italian Prime Minister unveiled an ambitious plan to help his beleaguered nation, the markets came up for a breather.

Here’s some of what Larry Doyle, (Business Insider), has to say:

Not so fast.

Let’s peel the onion a little deeper and get a real assessment of the health of our labor situation. To do that, let’s skip the verbiage provided by pundits and politicians and look at the hard numbers as provided in the Employment Situation Summary produced by the Bureau of Labor Statistics.

What do we learn? Are you sitting down?

The labor participation rate continues to decline. This measure of people who are either employed or actively looking for work declined last month from 64.1% to 63.9%. Why? People are so discouraged that they have given up looking for work.

Please scroll to the bottom of the report to which I linked. We witness that the number of discouraged workers rose from 982, 000 in June (822, ooo in May) to a whopping 1,119,000 last month.

We had an increase of 137,000 discouraged workers last month and 297,000 discouraged workers over the last two months. Juxtapose those figures next to the increase in the non-farm payroll of 117,000 workers last month.

No, we did not hit a triple with this report. In fact, when we incorporate the discouraged workers into our review my ‘sense on cents’ indicates to me that our situation actually worsened.

(emphasis added)

Jobs Report: Too Little, Too Late?

Romney tweets:


When you see what this president has done to the economy in 3 years, you know why America doesn’t want to find out what he can do in 8less than a minute ago via web Favorite Retweet Reply


Today’s unemployment report represents the 30th straight month that the jobless rate has been above 8% http://t.co/b5q8R0l #ObamaIsntWorkingless than a minute ago via web Favorite Retweet Reply



Reports show that the nearly 13.9 million unemployed have been without work for seven months or longer. The slight decrease in today’s numbers today are deceptive because 200,000 Americans simply quit looking for jobs; they form a new category - ‘discouraged workers’.

Analysts say that the 117,000 jobs created in July doesn’t keep up with population growth; 130,000 jobs are needed to keep pace. Even if 175,000 jobs were consistently created each month, the USA wouldn’t return to 5% unemployment until 2018.

UPDATE: S&P downgrades U.S. credit rating for first time!

Standard & Poor’s announced Friday night that it has downgraded the sterling U.S. credit rating for the first time.

The move came even though the Treasury Department said that it had found a math error in the firm’s calculations of deficit projections, according to a person familiar with the matter.

S&P decided to lower the AAA rating, held by the United States for 70 years, to AA+ after a bipartisan debt deal signed into law this week failed to assuage concerns about the nation’s growing spending.

Analysts have said a downgrade could increase the cost of borrowing for the U.S. government and lead to tens of billions of dollars in more interest costs per year. That could translate into higher borrowing for consumers and businesses, too.

UPDATE 2 - Romney tweet:


America’s creditworthiness just became the latest casualty of President Obama’s failed leadership on the economyless than a minute ago via web Favorite Retweet Reply




Obama isn’t working.

Time for Mr. Turnaround - Mitt Romney.

► Jayde Wyatt