Candidates can debate restoring jobs, but textile numbers are reason for pessimism
Now that the economy has become such an issue in the presidential campaign, candidates are rushing to stake out positions on what they would and would not do to give things a boost.
A notable debate came in Michigan when former Massachusetts Gov. Mitt Romney and Arizona Sen. John McCain took opposing positions on the future of the auto industry. Romney insisted jobs lost in Detroit can be restored. McCain countered that the jobs are gone for good and there must be retraining of workers for other jobs.
Romney is a wealthy businessman whose father was a force in the auto industry but it is doubtful that he as president could deliver on returning the auto industry in the United States to its golden age in terms of providing jobs. Automation alone has taken many, but it is the nature of corporate America now to do away with every job possible.
McCain may be on target about retraining, but the money needed to accomplish a major mission just isn't available from Washington.
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Wednesday, January 23, 2008
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