Tuesday, January 3, 2012

Mitt Romney Lies Some More

Now he's lying about his job creation and Obama's. He claims to have created 100,000 jobs while at Bain, and that the economy under Obama has lost 2 million. Greg Sargent writes in the Washington Post:

"Meanwhile, Romney’s claim that two million jobs were lost under the Obama presidency is based on the idea that there’s been a net loss of jobs since he took office. In other words, Romney is taking into account the fact that the economy continued hemorraghing jobs at a furious rate after Obama took office — before Obama’s stimulus passed. But the figures show that once it became law, monthly job loss declined over time, and turned around in the spring of 2010, after which the private sector added jobs for over 20 straight months, totaling around 2.2 million of them.

You can debate whether the stimulus underperformed. You can debate whether the stimulus is the reason the economy did add private sector jobs. You can argue that public sector jobs loss should be factored in. But it is not debatable to claim that the overall net jobs loss number Romney cites is a fair measure of the success or failure of Obama’s policies. At an absolute minimum, Romney should be pressed to explain why he’s claiming this net loss figure as an indictment of those policies, when many of those jobs were lost before the policies were implemented."

This election is just going to be awful.

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