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Reload this Page Romney’s Job Record/Obama’s Job Record
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Romney’s Job Record/Obama’s Job Record - May 31st, 2012, 10:53 AM

Via Greg Sargent, check out the headline of the Romney campaign's new defense of Mitt Romney's 47th-in-the-nation job growth record as governor of Massachusetts:

Governor Romney Inherited An Economy That Was Losing Jobs Each Month And Left Office With An Economy That Was Adding Jobs Each Month.

As Greg points out, this is exactly the sort of argument that Mitt Romney says President Obama should not be allowed to make. The two situations, however, are different: President Obama faced a much deeper recession than Romney, and while the national economy had been growing for two months when Romney took office, it was still in the midst of decline when Obama was sworn in.

Moreover, the global economy has been weak and unstable throughout the Obama presidency, but we've had more than two years of private sector job growth. Romney, on the other hand, was governor during a national economic expansion from start to finish. During his term, the number of American jobs grew by 5.3 percent. In Massachusetts, however, jobs grew by just 1.5 percent.

Perhaps the most remarkable thing is that even though President Obama took office amidst a much more difficult economic environment than Mitt Romney, an apples-to-apples comparison of job growth records starting in the second year in office shows Obama's record is stronger. Starting in January of their second year through April of their fourth year in office, Mitt Romney oversaw a 0.98 percent increase in Massachusetts while President Obama has overseen a 2.87 percent increase. And with numbers like that, if Mitt Romney thinks he had a great jobs record in Massachusetts, doesn't it mean he should admit President Obama's is even better?

http://www.washingtonpost.com/blogs/...I01U_blog.html

http://www.thedailybeast.com/article...achusetts.html

http://research.stlouisfed.org/fred2/data/PAYEMS.txt

Don't confuse me with facts - my mind is already made up!!!!!



   
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May 31st, 2012, 11:57 AM

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Originally Posted by bigbang123 View Post
Starting in January of their second year through April of their fourth year in office, Mitt Romney oversaw a 0.98 percent increase in Massachusetts while President Obama has overseen a 2.87 percent increase.
I have a feeling that is a statistical lie/manipulation. If you start with May of their first year to October of their third year, you'll get different results.

Either way, there is no apples to apples comparison between a State Governor in one era and a president in another.





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May 31st, 2012, 12:52 PM

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Originally Posted by mighty_duck View Post
I have a feeling that is a statistical lie/manipulation. If you start with May of their first year to October of their third year, you'll get different results.

Either way, there is no apples to apples comparison between a State Governor in one era and a president in another.
Why do you always have to make so much sense?





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May 31st, 2012, 01:44 PM

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Originally Posted by mighty_duck View Post
I have a feeling that is a statistical lie/manipulation.
Romney's private sector experience didn't help him create jobs. Under his leadership, Massachusetts ranked 47th out of 50 states in creating jobs. During Romney's tenure, the job growth rate was three and a half times higher nationwide than it was in Massachusetts. - google that



   
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June 3rd, 2012, 04:12 AM

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Originally Posted by mighty_duck View Post
I have a feeling that is a statistical lie/manipulation.
Romney's GOP friends say it best. http://youtu.be/sB7vuo2piak



   
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June 3rd, 2012, 04:31 AM

Based on America's 43 presidents, is their any proof that those with business careers were able to put that experience into practice?



   
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June 3rd, 2012, 04:34 AM

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Based on America's 43 presidents, is their any proof that those with business careers were able to put that experience into practice?
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Four Men with business experience since 1900 that made it to the White House.

1) Warren Harding, a self-made newspaper publisher who was president in the 1920s, embarked on an “America first” campaign, encouraging industrialization, yet routinely ranks among the worst presidents.

2) Herbert Hoover, a mining magnate, lost the White House in 1932 after one term having failed to halt economic decline.

3) George H.W. Bush, who co-founded Zapata Petroleum, was another one-term president. His business acumen may have made him millions of dollars but he was unable to revive the economy and appeared removed from ordinary citizens’ plight.

4) George W. Bush went to Harvard Business School and owned oil businesses and a professional baseball team. He promised to bring his real-economy expertise to the Oval Office. Instead, he found himself presiding over the worst financial crisis since the 1930s.

-----

Business Men who failed to reach the White House.

1) Henry Ford
2) William Randolph Hearst
3) Ross Perot
4) Steve Forbes
5) Donald Trump

-----

Which list will Mitt Romney get added to?



   
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