Facebook IPO, App Economy May Not Initially Affect Employment Report

In slugging it out for voters (already), Mitt Romney and his party are pummeling President Barack Obama over the just-released employment report, which shows a mere trickle of growth.

In slugging it out for voters (already), Mitt Romney and his party are pummeling President Barack Obama over the just-released employment report, which shows a mere trickle of growth.

Romney may see this as a way to win over voters, and he appears keen to position himself as the candidate who can revive the economy. But this may be a hasty tack to take.

That’s because the country could just be in the fueling-for-fire stage, as set by the new application economy and smartphone/communications boom, Michael Mandel, chief economic strategist at Progressive Policy Institute, wrote for The Atlantic, and the upcoming Facebook initial public offering May 18 could be the match to set it aflame.

Voters interested in the economy may do well to consider candidates’ stances on and support of technology, research, and development while contemplating how to cast their votes.

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