President Barack Obama’s failed economic policies and strategies have hit women hard, according to numbers from the Bureau of Labor Statistics.
“The Obama Administration has brought hard times to American women. Under President Obama, more women have struggled to find work than at any other time in recorded history,” Mitt Romney says on his website, mittromney.com.
Romney says “Current Employment Statistics” he accessed on April 6 show “Women account for 92.3 percent of the jobs lost under Obama.”
Additionally, Romney says, “What president has the worst record on female labor force participation? Barack Obama. Turning the clock back 20 years on American women.” Romney backs up his observation with the BLS “Current Population Survey” that “Under Obama, the number of unemployed women has increased by 858,000.”
Economic issues are the basis for everything. Women struggle as they look for work to provide for themselves and their families. They struggle as they watch family members suffer with unemployment. Moreover, if they are stay-at-home moms, they manage household economic losses that do not include pursuits of employment.
On top of that, stay-at-home moms may feel guilty for not contributing with comments like those from Democratic consultant Hilary Rosen. She jabbed at Ann Romney on national television that she “never worked a day in her life” as a stay-at-home mom raising five boys.
Aside from the ridiculuous charges to which Ann Romney held her own well, Rosen and others need a reminder of the economic value of stay-at-home moms. I offer only a part of that reminder here.
“Child care, transportation, cleaning, cooking and other household duties are all important, expensive tasks, the replacement value of which is often severely underestimated,” Pamela Yip said in 2006 in “Full-time parenting impacts finances.”
She added, “An analysis by Salary.com found that today’s 5.4 million stay-at-home moms would earn $131,471 in annual salary, including overtime pay, if they were doing the same work for an employer.”
While Obama made a statement supporting stay-at-home moms and their hard work of raising children, he has failed them and all women with his poor economic policies, mass spending and increases in the national debt by trillions of dollars.
As a stay-at-home mom and grandma, I agree with Mitt Romney. He says, “We have the moral responsibility not to spend more than we take in.” This thinking will bode well for the U.S. and women on the front lines of the economic battles.