Friday, May 18, 2012

Mitt Romney’s claim that 100,000 auto jobs have been lost under Obama

"In the Hot Air interview, Romney even made this claim while at the same time arguing that a recent Obama campaign commercial slamming the job losses at a particular Bain investment was unfair because “the steel factory closed down two years after I left Bain Capital. I was no longer there, so that’s hardly something which is on my watch.” (Technically, Romney had not completely extricated himself from Bain but that’s another story.)"

"As we have said, Romney “certainly has a good story to tell about knowing how to manage a business, spotting opportunities and understanding high finance.” But if he wants to wall off companies that failed after he stopped managing Bain, he also has to stop counting jobs created after he left Bain".

"But since January 2009, when Obama took office, overall there has been an increase in jobs. The number of jobs hit a low point in November 2009, but then it has slowly inched upward so that Obama can point to the auto industry and says there has been a net gain".

The Pinocchio Test

"Romney’s remarks make little sense. Not only is his claim of creating 100,000 jobs at Bain untenable, but also his assertion that 100,000 jobs have been lost in the auto industry “on the president’s watch” does not add up".

these are the kinds of claims by the right, fabricated and designed to make us think that this admin has, using their favorite adjective "failed". repeating a falsehood does not make it a truth, it just retains its status as a lie.

those at issue with this admins accomplishments should notice the right keeps their propaganda simple so as not to confuse their exaggerations with the truth, for a party losing 750,000 of your jobs a month to our beloved Pres. racking up steady growth in private sector jobs over the last couple of years totaling over 4 million.

now if the Pres. does not understand as much as the right claims he does then why the huge disparagement in job creation? right wing -750,000 a month, progressive's +115,00 last month, down from over 200,000 each month prior. do the math + vs. -, now who doesn't understand or do they but don't think you can get the right answer from 2+2? please click title