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bigtree

(86,015 posts)
Mon Dec 26, 2011, 02:34 PM Dec 2011

It took Obama economy one year to create more jobs than the economy under Bush did in eight

from ThinkProgress: http://thinkprogress.org/economy/2011/12/26/395243/romney-falsely-claims-obama-has-not-created-any-new-jobs/

Romney Falsely Claims Obama ‘Has Not Created Any New Jobs’
_________________________

Romney, in an interview with TIME Magazine’s Mark Halperin this month: http://www.politico.com/news/stories/1211/70785.html#ixzz1hbWunora

“I know that the Democrats will try and make this a campaign about Bain Capital; … 25 million people are out of work because of Barack Obama. And so I’ll compare my experience in the private sector where, net-net, we created over 100,000 jobs.”

“I’ll compare that record with his record, where he has not created any new jobs.”
____________________________

Of course, like Romney’s repeated assertions that Obama made the economy “worse,” the claim that he hasn’t created any new jobs is false. As Steve Benen noted, the private sector has added 2.3 million new jobs since March 2010, and it took the Obama economy one year to create more jobs than the economy under President Bush did in eight. There are, indeed, fewer net jobs now than when Obama took office early in the recession, but his policies, including the stimulus, effectively turned months of job losses into months of consistent job gains.

Many of the jobs lost under Obama — more than 600,000, to be exact — are public sector jobs, the type Romney considers outside “the real economy.” And while he touts his own business success, Romney has promised to slash even more public sector jobs, doing to government employees what his former company has done to thousands of workers.

Along with distorting Obama’s record, Romney is distorting his own. While he claims his record includes plenty of job creation, he ignores his time as governor of Massachusetts. From 2003 to 2007, in fact, the state ranked 47th in job creation. Romney also refuses to provide evidence to back up the claim that Bain created 100,000 jobs on his watch. Romney may want to talk about jobs, but without adding distortions and baseless claims, his record sure doesn’t appear like something worth touting.

read more: http://thinkprogress.org/economy/2011/12/26/395243/romney-falsely-claims-obama-has-not-created-any-new-jobs/


from Steve Benen at Washington Monthly: http://www.washingtonmonthly.com/political-animal/2011_12/romneys_limited_understanding034285.php

First, the confused former governor believes 25 million people are out of work “because of Barack Obama.” If Romney can explain why Obama is to blame for a recession that began in 2007, I’d love to hear it. For that matter, the economy lost 3.6 million jobs in 2008 — the year before the president took office. How exactly is Obama responsible for that, too?

Second, Romney now claims to have created “over 100,000 jobs” at his vulture-capitalist firm. Romney also appears to have made this number up out of whole cloth. Indeed, two weeks ago, when Romney’s Super PAC ran an ad claiming he “helped create thousands of jobs” as CEO at Bain, Super PAC officials were asked to back that up with evidence. They refused.

Third, it’s remarkable that Romney is only willing to compare his “experience in the private sector.” What about when Romney was willing to put his experience to work in the public sector, during his one term as governor of Massachusetts? Romney doesn’t want to talk about it for a reason — his state’s record on job creation was “one of the worst in the country,” ranking 47th out of 50 states in job growth. It’s one of the reasons Romney left office after one term deeply unpopular, and why his former constituents don’t want him near the White House . . .

With one month remaining this year, the U.S. private sector has now added 1.67 million jobs in 2011, well ahead of last year’s private-sector total of 1.2 million, and the best year for businesses since 2006. Since March 2010, American businesses have created 2.9 million jobs . . .

read more: http://www.washingtonmonthly.com/political-animal/2011_12/romneys_limited_understanding034285.php

12 replies = new reply since forum marked as read
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It took Obama economy one year to create more jobs than the economy under Bush did in eight (Original Post) bigtree Dec 2011 OP
Romney is a clown. n/t ProSense Dec 2011 #1
He's just one of many, ProSense BlueCaliDem Dec 2011 #10
Lying scumbags are bad enough, but as you say BlancheSplanchnik Dec 2011 #12
Aren't these jobs also?? kentuck Dec 2011 #2
sure, most were local government positions bigtree Dec 2011 #3
No doubt but that.... kentuck Dec 2011 #4
well, we know most of that decline was in the previous administration bigtree Dec 2011 #5
No doubt about it... kentuck Dec 2011 #6
Uhm...wasn't that what the Republicans voted into the House were supposed to do? Norrin Radd Dec 2011 #7
Oh, but...umm...(shhh) polmaven Dec 2011 #8
Almost all the job losses under Obama came from EC Dec 2011 #9
Mittens just flat-out lies. blogslut Dec 2011 #11

BlueCaliDem

(15,438 posts)
10. He's just one of many, ProSense
Tue Dec 27, 2011, 06:31 PM
Dec 2011

and yet corporate media treats him like he's some serious shit. I swear, we really need to take corporate out of our 4th estate as well as our health care system.

What on earth were the past congresses and presidents thinking allowing for-profit corporations to handle our delicate health care system and news media??

BlancheSplanchnik

(20,219 posts)
12. Lying scumbags are bad enough, but as you say
Tue Dec 27, 2011, 08:23 PM
Dec 2011

the GODDAMNED media that blows these POS on a regular basis, prime-time are teaching people that lying is fine---in fact, people learn to ignore their inner sense that warns them about lies. The difference between truth and lies dissolves, and what becomes important in peoples' minds instead of integrity is eye-appeal.

Soap opera leading man Mitty looks good.

fuck him and his magic undies

kentuck

(111,111 posts)
2. Aren't these jobs also??
Mon Dec 26, 2011, 02:55 PM
Dec 2011

"Many of the jobs lost under Obama — more than 600,000, to be exact — are public sector jobs, the type Romney considers outside “the real economy.”

bigtree

(86,015 posts)
3. sure, most were local government positions
Mon Dec 26, 2011, 02:58 PM
Dec 2011

. . . many of them specifically targeted for funding in the President's obstructed jobs bill.

kentuck

(111,111 posts)
4. No doubt but that....
Mon Dec 26, 2011, 03:02 PM
Dec 2011

if the states and localities were not so cash-strapped, and forced to balance their budgets, the jobless rate would be much better. Government is shrinking.

bigtree

(86,015 posts)
5. well, we know most of that decline was in the previous administration
Mon Dec 26, 2011, 03:11 PM
Dec 2011

. . . with whatever recovery occurring under this Democratic administration.

Here's the graph of the recession, with Bush in red and Obama in blue . . .

kentuck

(111,111 posts)
6. No doubt about it...
Mon Dec 26, 2011, 03:18 PM
Dec 2011

Unfortunately, in order to keep from sliding further downward, we need about double the jobs created thus far. That might be hard to attain, with the economic policies now in place? Certainly more trade treaties is not going to create more jobs and neither are more tax breaks. In my opinion, the states need to raise revenues and stop laying off cops. teachers, firemen, etc, for this economy to begin recovery.

polmaven

(9,463 posts)
8. Oh, but...umm...(shhh)
Tue Dec 27, 2011, 08:58 AM
Dec 2011

"We just won't mention that while I was Governor the State of Massachusetts ranked 47th of the 50 states in total job creation".

I can't imagine why he conveniently forgets to mention that...can you??

EC

(12,287 posts)
9. Almost all the job losses under Obama came from
Tue Dec 27, 2011, 04:28 PM
Dec 2011

the repub Governors cutting state jobs. Like good ole Walker here.

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