12 million jobs — but not until when?

October 16, 2012

Oy.

It’s extraordinary to consider with just three weeks until Election Day, but Mitt Romney’s central argument to voters has been exposed as a total fraud.

Greg Sargent added, “Let’s recap what Kessler has discovered here. The plan that is central to Romney’s candidacy on the most important issue of this election — jobs — is a complete sham. This is every bit as bad — or worse — than Romney’s claim to have created 100,000 jobs at Bain, or his vow to cut spending by eliminating whole agencies without saying which ones, or his refusal to say how he’ll pay for his tax cuts.”

Obama’s budget NOW creates 12 million jobs in the next four years, according to projections.  Romney?  He stretches it out to ten years, but reduces the job creation, so it’s 2.5 times as long to get the same number of jobs.  Say what?  Romney’s plan reduces the number of jobs created by cutting the rate at which they are created.

Read more at Rachel Maddow’s blog, with links to the actual studies.  Maddow links to Greg Sargent’s blog, The Plum Line, at The Washington Post. 12 million jobs, Mitt Romney, economy, Bain Capital

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