Thursday, December 29, 2011

The Real Job Creator: Obama Has Created 2.3 Million Jobs Since 2010

December 29, 2011
By Rmuse


One of the biggest lies Romney told is that President Obama has not created any jobs during his three years as president. Romney’s lying is to cover the truth that his former company, Bain Capital, eliminated jobs while Romney raked in millions of dollars a year even during his retirement.


Since March 2010, the private sector added 2.3 million new jobs and “it took the Obama economy one year to create more jobs” than during George W. Bush’s presidency did in eight years. The new jobs created during the Obama Administration are due in part to the stimulus, unemployment benefit extension and payroll tax cut from December 2010. There have been public sector job losses due to state budget deficits caused by the Bush-Republican Great Recession, but Romney has promised to cut more public sector jobs by slashing government programs that will make government employees face what Romney did to employees while at Bain Capital. During Romney’s tenure as governor of Massachusetts, from 2003-2007 before the recession hit the economy, the state ranked 47th in job creation.



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