Romney’s Shaky Job Claims - FactCheck

Discussion in 'Politics' started by rdean, Jan 19, 2012.

  1. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,013
    Thanks Received:
    6,876
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +14,877
    According to employment data from the Bureau of Labor Statistics, employment under Romney’s governorship went from 3,224,600 to 3,270,400. That’s an additional 45,800 jobs.

    In a Time magazine interview on Dec. 21, Romney said:

    Romney, Dec. 21: And so I’ll compare my experience in the private sector where, net-net, we created over 100,000 jobs. We created over 100,000 jobs.

    He repeated the claim in a Jan. 3 appearance on Fox News’ “Fox and Friends,” but that time said he “helped” create them.

    Romney, Jan. 3: And I’m very happy in my former life; we helped create over 100,000 new jobs.

    Determining who gets credit for how many jobs is challenging, to say the least.

    Bain managers told the Los Angeles Times that they weren’t focused on creating jobs; they were trying to make money.

    Unlike Obama, Romney took office during an economic uptick. Massachusetts had a net job growth of 1.4 percent under Romney. However, that was far slower growth than the national average of 5.3 percent. As Romney’s opponents have frequently, and correctly, noted, Massachusetts ranked 47th in job growth over the entirety of Romney’s term. The only states that did worse: Louisiana, Michigan and Ohio. (That means even Mississippi and South Carolina did better. Pretty pathetic. No wonder he didn't run again.)

    The job slump continued for Obama’s first full year in office and finally hit bottom in February 2010. Since that bottom, the nation has added nearly 2.7 million jobs.

    -------------------------------------------------

    Should be interesting. One refusing to defend his great record, believing that Americans will find out the truth. The other outright lying.
     
    Last edited: Jan 19, 2012
  2. California Girl
    Offline

    California Girl BANNED

    Joined:
    Oct 8, 2009
    Messages:
    50,337
    Thanks Received:
    8,960
    Trophy Points:
    0
    Ratings:
    +8,965
    All businesses focus on making money. Just so you know... that's kinda the point. Cuz businesses that don't make money... they go bust.

    Idiot.

    I guess it must suck to have a candidate who has actual real business experience.... if you're a fucking idiot.
     
    • Thank You! Thank You! x 1
  3. JoeB131
    Offline

    JoeB131 Diamond Member

    Joined:
    Jul 11, 2011
    Messages:
    80,350
    Thanks Received:
    6,865
    Trophy Points:
    1,815
    Location:
    Chicago, Chicago, that Toddling Town
    Ratings:
    +14,974
    BUt he's not running on the "I made a bunch of money for Rich Douchebags" platform.

    He's running on the "I'm a Job Creator* (*If you consider destroying good paying union jobs and replacing them with min wage McJobs at Staples and Dominos)" Platform.

    That's what he's going with.

    So the quality of the jobs he created and the number of jobs he destroyed REALLY are valid topics of discussion.
     
    • Thank You! Thank You! x 1
  4. Valerie
    Offline

    Valerie Gold Member

    Joined:
    Sep 17, 2008
    Messages:
    24,624
    Thanks Received:
    5,980
    Trophy Points:
    290
    Ratings:
    +10,295
    Romney is a turnaround specialist... :thup:



     
  5. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    This from a Group of people that Accept Obama's so called saved or Created Jobs numbers with out question.
     
    • Thank You! Thank You! x 1
    Last edited: Jan 19, 2012
  6. whitehall
    Offline

    whitehall Gold Member

    Joined:
    Dec 28, 2010
    Messages:
    27,733
    Thanks Received:
    4,323
    Trophy Points:
    290
    Location:
    Western Va.
    Ratings:
    +10,660
    Geez, imagine that, businesses are in it for the money. Stalin must be rolling over in his grave.
     
  7. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Bain didn't Destroy companies moron. It bought Failing Companies. Some it saved some it didn't.

    You guys may succeed in Convincing enough Americans that your Lies are the Truth to get Obama Elected, But that will never change the fact that you are a dishonest piece of Garbage.
     
    • Thank You! Thank You! x 1
  8. Valerie
    Offline

    Valerie Gold Member

    Joined:
    Sep 17, 2008
    Messages:
    24,624
    Thanks Received:
    5,980
    Trophy Points:
    290
    Ratings:
    +10,295
    On the surface, Romney’s team did what other management consultants did. They’d look at a company, go through its books, find out everything they could about it and its industry. They’d even count cars in the parking lot of competitors to figure out how many people worked there. Rehnert says Romney was ruthlessly data-driven.

    “Dive into the detail,” Rehnert remembered of Romney’s capability, “to the point of building models, reading legal documents, drawing slides, taking notes, and then he could zoom right back up to 50,000 feet and look down and see the big picture.”

    And then decide what to do. What made Romney a millionaire hundreds of times over was the fact that Bain Capital owned these companies. The venture wasn’t simply a consulting firm that wrote a report with a list of recommendations, hoping the client company would follow through. It made the company follow through.

    “He’s a very self-confident problem-solver and deal-maker, too,” said Walter Kiechel, who wrote a book on management consulting, “The Lords of Strategy.” He says at the time Romney was running things, the American corporate landscape was ripe for improvement. A lot of companies were basically coasting. They were not focused, and they were poorly managed.

    “One of the most common problems was that companies didn’t really understand their own costs,” Kiechel said, “as surprising as that may sound.”
     
  9. JoeB131
    Offline

    JoeB131 Diamond Member

    Joined:
    Jul 11, 2011
    Messages:
    80,350
    Thanks Received:
    6,865
    Trophy Points:
    1,815
    Location:
    Chicago, Chicago, that Toddling Town
    Ratings:
    +14,974

    Romney is self-destructing very nicely on his own, thank you. From stuffing money in Cayman Island bank accounts to saying brain-dead things like "I like to fire people", he's doing half of Obama's work for him.

    Look, isn't it odd that all these people lost their jobs, and Romney and his Douchey friends still managed to make money off the deal. That's the appearance. Then he's paying less tax than someone who works a 9-5 somewhere...

    Honestly, this is like that movie "The Producers" where they try to get the worst play, the worst actor and the worst director they can find.
     
  10. LordBrownTrout
    Offline

    LordBrownTrout Gold Member

    Joined:
    Nov 25, 2007
    Messages:
    15,490
    Thanks Received:
    2,962
    Trophy Points:
    280
    Location:
    South Texas
    Ratings:
    +6,352
    I know. Its a wild concept isn't it?
     

Share This Page