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• Mitt Romney voiced his protest against a labor bill known
as The Employee Free Choice Act that would make it easier for
unions to organize describing it as a dangerous legislation
saying that it would have a negative impact on the nation's
ability to compete globally and would also dampen the scope of
new businesses.
• Mitt Romney suggested that welfare recipients should go
to work immediately. He suggested doing away with capital gains
taxes for those firms that invest in inner city enterprise zones
also advocated tax credits for hiring poor residents of those
areas.
• He stands for writing off a lot of capital expenditures
of business firms to induce them to buy more so that it will have
the effect of other companies hiring more people thus generating
more jobs.
• He believes a cut in Corporate Taxes will have a
significant impact over time. It can stimulate the economy,
create jobs and encourage foreign investment.
• He said that the American worker could be richer by
$9000 a year by opening up the market to American goods and
services. The workers can sell the products they manufacture
around the world thus raking in more income.
• He is of the opinion that it is the businessmen and not
politicians who should negotiate trade with foreigners so that
patents, designs and technology etc are adequately protected.
• He encouraged Trade and commerce with Asian countries
saying that it will only strengthen the Us economy and lead to
further growth.
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• President Obama is a strong supporter of worker's rights.
He believes they should be given the right to bargain
collectively and strike if the need arises. He would see to it
that striking workers are not completely expelled from work.
• Obama believes in the Employees Free Choice Act which is
a bipartisan effort to enable workers to organize. The essence of
the Act is to give the employees a choice whether to join a union
or not and not simply be pressured into joining.
• He opposed Bush's National labor Relations Board's
'Kentucky River' decisions to classify workers such as nurses,
construction workers as supervisors. They were not to receive
protection under Federal labor laws under this decision therefore
Obama cosponsored legislation against this.
• Obama intended to raise the minimum wages index it to
inflationary levels and thereby raise the Earned Income Tax
Credit.
• Obama supports the United Auto Workers and AFL-CIO and
the right of workers to bargain collectively and strike if
necessary. While running for election he said that he would work
to ban the permanent replacement of striking workers.
• Obama believes that America's future lies in developing
new clean energy jobs which can be achieved by mandatory limits
on carbon pollution which will create a stable business
environment welcoming investments from entrepreneurs in a new
energy economy.
• Obama plans to invest in innovation and development by
giving increased access to capital and by cutting health care
costs and also by introducing a new Small Business Health Tax
Credit.
• He supports the setting up of a national infrastructure
bank to use public and private capital to fund projects. He
builds in creating jobs by rebuilding business infrastructure.
• Obama believes that workers should have the freedom to
choose whether to join a union without harassment or intimidation
from their employers. Obama cosponsored and is strong advocate
for the Employee Free Choice Act, a bipartisan effort to assure
that workers can exercise their right to organize. He will
continue to fight for EFCA's passage and sign it into law.
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