posted on Sep, 3 2012 @ 01:32 PM
reply to post by seabag
I think Romney will do better for the economy and jobs…bottom line.
I am genuinely interested in why you think this? Can you supply ANY evidence that Romney has experience to earn your trust in this. Here are a few
A. Romney as governor in MA was so poor in job creation the working population in MA during his term left the state in record numbers. Only Louisiana
saw more people leave its state, and that was due to Katrina. MA also ranked 47th in job creation under Romney. Here are some points. The source is
Progressive, but the data is cited with links:
1. Ranked 47th in job growth: Despite Romney’s professed expertise in creating jobs, Massachusetts ranked 47th in job growth during his time
as governor. The state’s total job growth was just 0.9 percent, well behind other high-wage, high-skill economies in New York (2.7), California
(4.7), and North Carolina (7.6). The national average, meanwhile, was better than 5 percent.
2. Suffered the second-largest labor force decline in the nation: Only Louisiana, which was ravaged by Hurricane Katrina in 2005, saw a bigger
decline in its labor force than Massachusetts during Romney’s tenure as governor. The US Census Bureau estimated that between July 2002 and July
2006, 222,000 more residents left Massachusetts for other states than came to it. That decline largely explains the state’s decreasing unemployment
rate (from 5.6 to 4.7 percent) while Romney was in office, according to Northeastern University economics professor Andrew Sum. At the same time, the
nation as a whole added 8 million people to the labor force.
3. Lost 14 percent of its manufacturing jobs: Massachusetts lost 14 percent of its manufacturing jobs during Romney’s time in office, according
to Sum. The loss was double the rate that the nation as a whole lost manufacturing jobs. In 2004, Romney vetoed legislation that would have banned
companies doing business with the state from outsourcing jobs to other countries.
4. Experienced “below average” economic growth and was “often near the bottom”: “There was not one measure where the state did well
under his term in office. We were below average and often near the bottom,” Sum told the Washington Post in February. As a result, the state was
more comparable to Rust Belt states like Illinois, Michigan, and Ohio than it was to other high-tech economies it typically competes with.
5. Piled on more debt than any other state: Romney left Massachusetts residents with $10,504 in per capita bond debt, the highest of any state in
the nation when he left office in 2007. The state ranked second in debt as a percentage of personal income. Romney regularly omits those statistics
from his Massachusetts record, instead touting the fact that he balanced the state’s budget (he was constitutionally required to do so). He
wouldn’t be much different as president: his proposed tax plan adds more than $10 trillion to the national debt.
B. Romney also continually says, "government does not create jobs." It is one of those stupid contradictory talking points that no one challenges
and the Right wing throngs just parrot. If the government does not create jobs, than why does the Right also constantly lambast Obama for not
creating more jobs? If the government does not create jobs, why does the Romney campaign say they will create 12 million new jobs (the EXACT same
number, by the way, the CBO says the Obama administration will create in the next four years under current policy? Which is people, does the President
create jobs or not? You know at least half the electorate is able to see how stupid this talking point is.
C. Even if you disregard the above, fine, so what KIND of jobs will Romney create? The company he most frequently brags about is Staples. Any of you
know anything about Staples? Well, we have them here in the south and I expect you have them around your town. Here is some information on Staples
jobs. This information is from Glassdoor. This is a site anyone can go to report how much they made at a company, gives reviews about working there,
etc. The site has nothing to do with politics at all.
Glassdoor on Staples
This shows some decent jobs at corporate offices and moderate pay for a store manager and area general manager. But most of the workers get paid
So where are the GOOD, living wage jobs that Romney created? Don't tell me about the Steel Mill company; like Staples, Romney did not "create"
those jobs, the companies did (no matter the wages). His job was to make money for Bain investors, no matter if the company thrived or went bk.