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Krugman: Mitt Romney Promises to Create Eleventeen Million Jobs
Mitt Romney Promises to Create Eleventeen Million Jobs
OK, not exactly. But he did say that we should be creating 500,000 jobs a month — which almost never happens — and that we should have 4 percent unemployment, which is way below almost anyone’s estimate of the lowest rate we can have without accelerating inflation.
But he understands the economy, right?
Incidentally, since Romney is proposing a complete return to Bush economic policies, it might be interesting to note the average rate of job creation during Bush’s first 7 years in the White House — that is, his record even if you ignore the catastrophe at the end. And that average monthly rate, from the BLS, was … drum roll … 66,000.
http://krugman.blogs.nytimes.com/2012/05/05/mitt-romney-promises-to-create-eleventeen-million-jobs/
OK, not exactly. But he did say that we should be creating 500,000 jobs a month — which almost never happens — and that we should have 4 percent unemployment, which is way below almost anyone’s estimate of the lowest rate we can have without accelerating inflation.
But he understands the economy, right?
Incidentally, since Romney is proposing a complete return to Bush economic policies, it might be interesting to note the average rate of job creation during Bush’s first 7 years in the White House — that is, his record even if you ignore the catastrophe at the end. And that average monthly rate, from the BLS, was … drum roll … 66,000.
http://krugman.blogs.nytimes.com/2012/05/05/mitt-romney-promises-to-create-eleventeen-million-jobs/
Romney is clueless: http://www.democraticunderground.com/1002643728
5 replies
= new reply since forum marked as read
= new reply since forum marked as read
we'd create 500K jobs a month (wait for it) if only we would give more tax cuts to the Job Creators(tm)!
