*Romney's jaw-dropping answer on income distribution

Note an unwillingness to even entertain the idea that too much of the nation's wealth is being held by too few. This is not some way-out OWS notion - surveys show a large majority of Americans believe as much, including a bunch of rich people. And most economists have been suggesting the same thing for years. To argue that distribution of income isn't worthy of public discourse (something to be discussed in quiet rooms) is not just insensitive, it's politically nonsensical. This guy is really tone deaf when it comes to being rich.

*Here's the 28-minute hit Romney hit job that was produced by the Newt Gingrich super-PAC. It's outlandishly skewed and unfair (almost to the point of caricature), but don't be surprised if it does some damage. The Obama people should buy the rights.


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Best to low-ball today's employment report
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Crazy opening for Twitter*
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Those awful infographics that promise to explain and only distort
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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