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kpete

(71,965 posts)
Mon May 14, 2012, 12:14 PM May 2012

Romney Campaign Massively Downgrades The Number Of Jobs It Claims He Created From 100,000 To ‘1,000s

Source: Think Progress

Romney Campaign Massively Downgrades The Number Of Jobs It Claims He Created From 100,000 To ‘Thousands’
By Alex Seitz-Wald on May 14, 2012 at 12:08 pm

In its effort to sell Mitt Romney as someone who understands the economy and knows how to create jobs, one of his campaign’s early talking points was that he helped create 100,000 jobs during his tenure at Bain Capital. The campaign repeated the claim throughout the primary, despite a glaring lack of evidence to support it (even Sarah Palin doubted it).

Romney eventually stopped repeating the talking point, which advisers had difficulty defending under pressure, and now it seems Boston has completely Etch A Sketched the number and severely lowered the number of jobs Romney is supposed to have created at Bain.

BuzzFeed’s Zeke Miller reports that, in the wake of the Obama campaign’s new ad attacking Romney’s record at Bain, the “new Romney jobs math” is significantly more modest than the old. This time, the campaign is asserting that Romney created a meager and vague “thousands of jobs” at Bain and “tens of thousands” of jobs as governor of Massachusetts.

This is nothing less than an admission from the Romney campaign that their 100,000 jobs claim was entirely bogus, and acceptance that Romney created vastly fewer jobs than he claimed he had just a few months ago. It’s a welcome return to reality, but calls into question any piece of evidence the campaign puts forward. (In 1994, he claimed in an ad that he created 10,000 jobs at Bain.)



Read more: http://thinkprogress.org/special/2012/05/14/483676/romney-downgrades-bain-jobs/

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Romney Campaign Massively Downgrades The Number Of Jobs It Claims He Created From 100,000 To ‘1,000s (Original Post) kpete May 2012 OP
This info needs to go viral...FB, anyone? nt babylonsister May 2012 #1
Going to FB with it now n/t livetohike May 2012 #3
The Obama campaign video about the steel plant in Kansas City has already hit home Botany May 2012 #2
He really needs to keep notes on his etch-a-sketch so he knows what he said..n/t monmouth May 2012 #4
But how many jobs did Romney kill? liberal N proud May 2012 #5
That's what I'd like to know. And how many businesses did Auntie Bush May 2012 #14
He CAUSED seventeen businesses to fail jmowreader May 2012 #29
I guess another question is . . . aggiesal May 2012 #18
romney campaig again downgrades number of jobs created from thousands to one- his leftyohiolib May 2012 #6
And even the jobs that were "created" by Bain-owned companies... JHB May 2012 #7
Mitten's & crew - typo Iliyah May 2012 #8
he must be worried about losing his credibility Enrique May 2012 #9
This message was self-deleted by its author bupkus May 2012 #10
Thanks for the link. progressoid May 2012 #23
Very interesting article Stargazer09 May 2012 #25
This asshole is like Palin Submariner May 2012 #11
Sort of like GWbush giving me $600 in tax rebates. louis-t May 2012 #12
Wasn't Massachusetts almost dead last in new job creation when Romney was Governor? aint_no_life_nowhere May 2012 #13
Yes, 47th nationwide. alp227 May 2012 #15
In the immortal words of Inigo Montoya... bluesbassman May 2012 #16
Ya know I wonder if it really should be 10,000* with the * meaning cstanleytech May 2012 #17
Romney's Problem With Jobs DallasNE May 2012 #19
I hope someone can figure out the net loss. Kalidurga May 2012 #20
Ol Etch-a-Sketch shaking it again wordpix May 2012 #21
Must have been that former gay staffer who got the decimal out of place. (n/t) klook May 2012 #22
Another Etch-A-Sketch moment brought to you by the GOP's American Idle Winner. Major Hogwash May 2012 #24
he's a flag. . .which ever way the wind blows at the time, he stands that way Suji to Seoul May 2012 #27
Asshole. More lying for God? Google it. catbyte May 2012 #26
DU could have told them goclark May 2012 #28
HAha! Quantess May 2012 #30

Auntie Bush

(17,528 posts)
14. That's what I'd like to know. And how many businesses did
Mon May 14, 2012, 01:10 PM
May 2012

he let fail? He's no better than chain saw Al.

jmowreader

(50,530 posts)
29. He CAUSED seventeen businesses to fail
Wed May 16, 2012, 12:58 AM
May 2012

Forget that "let fail" shit--in the case of Romney's Bain Vulture Capital, the businesses failed because of overwhelming debt loads and high management fees.

In six of those cases, Bain lost 100 percent of its investment.

Oh, and forget the "no better than Chainsaw Al" shit too--Chainsaw Al was far more competent than Mitt Romney.

aggiesal

(8,907 posts)
18. I guess another question is . . .
Mon May 14, 2012, 02:26 PM
May 2012

1) Is the 1000's jobs created the total number?
2) Is this a difference between the numbers hired - (minus) numbers laid off?

Because if this is #1, I'd like to know the numbers laid off.
I'm sure that difference would be in the negative (i.e. More Layoffs then hires).

JHB

(37,157 posts)
7. And even the jobs that were "created" by Bain-owned companies...
Mon May 14, 2012, 12:34 PM
May 2012

...-- he always trots out Stables as the big example -- how many of those simply replaced jobs lost at other companies Staples drove out of business.

It's not as if office supply was a new, emerging industry. And sort of by definition it is dependent on the health of other businesses for its own success, and absent Staples other companies would have been there to fill the needs.

So as far as jobs go, it's at best a wash, and more likely a net job loss.

Response to kpete (Original post)

Stargazer09

(2,132 posts)
25. Very interesting article
Tue May 15, 2012, 09:48 AM
May 2012

Thank you for posting it.

The more I learn about the guy, the more I want him defeated in November.

Submariner

(12,498 posts)
11. This asshole is like Palin
Mon May 14, 2012, 01:02 PM
May 2012

Mitt the shit spent about 18 months as an actual governor, and he spent the next 2.5 years wandering the country campaigning for president and all the time bad-mouthing Mass. as liberal Kennedy country. The state was 47th in job creation when that asshole's governorship ended. He didn't create thousands of jobs, he lost them if anything.

louis-t

(23,273 posts)
12. Sort of like GWbush giving me $600 in tax rebates.
Mon May 14, 2012, 01:03 PM
May 2012

His policies cost me $100,000 in income, but he gave me $600. What a guy.

aint_no_life_nowhere

(21,925 posts)
13. Wasn't Massachusetts almost dead last in new job creation when Romney was Governor?
Mon May 14, 2012, 01:03 PM
May 2012

I think three states were worse and one of those was Louisiana that lost jobs because of Hurricane Katrina. I know Romney constantly says he wants to talk about jobs but does he want to talk about his failure to create jobs at Bain and at Massachusetts? I doubt it.

cstanleytech

(26,248 posts)
17. Ya know I wonder if it really should be 10,000* with the * meaning
Mon May 14, 2012, 02:03 PM
May 2012

*I helped create 10,000 jobs in the US by outsourcing the jobs of 100,000 overseas.

DallasNE

(7,402 posts)
19. Romney's Problem With Jobs
Mon May 14, 2012, 03:13 PM
May 2012

At Bain was to look at Staples current employment and claim every one of those jobs as being created by him. Romney didn't create the business model for Staples or execute the business plan. Bain simply won the battle to provide the capital for Staples to expand rapidly and Romney does deserve credit for winning that battle. As far as States go, when Romney came into office the State was 37th in job growth, which is not so hot, but when he left office they were 47th in job growth, fighting with Mississippi in the race to the bottom. Romney has a problem with the jobs argument.

Kalidurga

(14,177 posts)
20. I hope someone can figure out the net loss.
Mon May 14, 2012, 10:01 PM
May 2012

I think he created -10,000 as near as I can tell. Perhaps it was more though.

Major Hogwash

(17,656 posts)
24. Another Etch-A-Sketch moment brought to you by the GOP's American Idle Winner.
Tue May 15, 2012, 08:55 AM
May 2012

This year's winner of the Republican Liar's Contest -- Mitt Romney.

Who once said, "I'm not Mormon, I'm a member of the Church of Latter- Day Saints."

Seriously, he said that.

 

Suji to Seoul

(2,035 posts)
27. he's a flag. . .which ever way the wind blows at the time, he stands that way
Tue May 15, 2012, 09:36 PM
May 2012

if endorsing his time in Liberal MA will help him, he will say it. If bad mouthing Liberal MA will help him, he will say it.

Mormon is a nasty word among the evangelical idiot brigade. Latter Day-Saints means nothing to them. . .too many words.

Zero conviction, zero empathy, zero compassion, zero brains. . .the true Manchurian Candidate

catbyte

(34,341 posts)
26. Asshole. More lying for God? Google it.
Tue May 15, 2012, 04:12 PM
May 2012

Diane
Anishinaabe in MI & mom to Leo, Sophie, Taz & Nigel, members of Dogs Against Romney, Cat Division
"We ride inside--HISS!”

goclark

(30,404 posts)
28. DU could have told them
Wed May 16, 2012, 12:33 AM
May 2012

"their 100,000 jobs claim was entirely bogus, and acceptance that Romney created vastly fewer."

It is not rocket science ----- they LIE

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