Whether Mitt Romney or Barack Obama occupies the White House in January, one of them will have to deal with more than 12 million jobless Americans, or a little over 8 percent of the total workforce. Where do the candidates stand on issues relating to jobs?
The head of the largest trade union federation says President Obama will have to hammer home a message of 'jobs, jobs, and more jobs' to keep the support of white working-class men this election.
Richard Trumka, president of the AFL-CIO, says race matters less – 'The sky didn't fall' – in the 2012 election, which is overwhelmingly about jobs and the economy.
Although labor unions have had some reservations about President Obama, they're still looking to him as their best ally in the 2012 election. Meanwhile, Republicans who are hoping to further curb unions are putting stock in Mitt Romney.
Ever since the U.S. financial crash of 2008 and the beginnings of the pending Euro-zone financial collapse, governments have been debating whether securities transactions should be subject to a new tax. Such a levy would discourage bad behavior in the financial markets, but it could have dire unintended consequences.