First slanted statement is that the Democrats don't know what the private sector means. This is also true of the Republican party and their corporate (business married to the government.) supporters.
State and local govnerments are only more in trouble than the Fed, because they can't print their own money."
Both Republicans and Democrats have set up a government that lies about the real unemployment rates. I say fire all Democrats and Republicans in office. That would certainly downsize all governments from the Fed to the local idiots.
Romney will be an also ran. If that was the best the Republican voters could come up with, then I plan on a future United States that will continue to slide backwards, deeper and deeper into debt.