Appearing on MSNBC’s Andrea Mitchell Show today, Mitt Romney’s senior campaign adviser said that Mitt Romney created more jobs during his time as Massachusetts Governor, than President Obama created nationwide. Said Eric Fehrnstrom, Romney’s adviser;
“With respect to Mitt Romney’s period of time as the governor of Massachusetts — in that four years as governor he created between 30k and 40k jobs. That is more than President Obama has created for the entire nation. And at Bain Capital, of course the mission was to create value, that’s how the free enterprise system works, but when you create value, when you add value as they did in trying to improve companies, you also add employment, and a rough back-of-the-envelope estimate of how many jobs they created is well in excess of 100,000.”
The Hill is reporting that “Romney made a similar claim early in the Republican primary season, but seemed to walk the number down after it was challenged by his GOP presidential rivals. At later points during the cycle, Romney has said he created “tens of thousands” or “thousands” of jobs.
The Romney campaign has not detailed the method it’s using to come to these estimates, but critics say Romney is taking credit for jobs created after his tenure, not subtracting out jobs that were eliminated after his tenure, or taking credit for business deals that he had little to do with.”
But here are some figures everyone can understand, everyone that is, except Mitt Romney and his coons. CNN took a look at just one of President Obama’s policy initiative – the original Stimulus. The report found that:
The stimulus bill passed by Democrats in 2009 with almost universal Republican criticism was split into three parts: Just over $200 billion in tax cuts, about $300 billion in direct spending on projects and other aid to states, and just under $300 billion in social safety-net spending through items such as extended unemployment benefits and health insurance subsidies.
The nonpartisan Congressional Budget Office estimates that the parts of the program that got the most criticism — actual spending on projects and aid packages — was the most effective in creating jobs.
Tax cuts for middle income workers were less effective while tax cuts for the wealthy were deemed the least effective.
Still, the CBO estimates that at least 1.4 million jobs were created and saved by the direct spending alone, and that as many as 3.6 million jobs were produced while stimulus funds were being spent.
And that’s just on the Stimulus. Not being counted in this 3.6 million figure are the jobs created or saved from the auto bailout, or the jobs gained from the 17 different tax cuts the president signed for small businesses. Compare 3.6 million jobs created by the Obama Administration to the “30 to 40 thousand” created by Romney. Anyone with common sense and the most basic knowledge of Math knows which figure is higher. Romney and his surrogates however, are content in preaching to their base.
