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04 February 2012

Repudiation: Mitt Romney on Job Creation


From Mr. Romney's campaign website:
The results of President Obama’s failed approach and misplaced priorities are, sadly, exactly what anyone with private sector experience could have anticipated. Standard & Poor’s August 2011 downgrade of America’s sovereign credit rating was almost an inevitable outcome of a set of policies that produced massive year-in, year-out deficits, a national debt that approached the total size of U.S. GDP, and a stalled economy. It will take a long time to repair the damage, restore consumer and business confidence, return to economic growth, and thus ultimately restart job creation. It will also take presidential leadership of a very different kind from what Barack Obama has offered.
There's one little problem with this concluding paragraph from Mr. Romney's page that describes "President Obama's Failure".  The problem is that it isn't true.  Mr. Obama's campaign website includes an interactive graph that is telling.
Make sure to move your cursor around the graphic.  There is quite a bit of data that will show up.  The rate of job creation is not what one might have expected had Republicans not blocked so many of President Obama's endeavors to help the economy.  The Republicans forgot that government jobs are still jobs and those jobs help an anemic economy.  The graph is entirely private sector job creation.

26 April 2012, FollowUp 1.