In an interview with CNBC on Monday, Mitt Romney was discussing how he would create jobs if elected. He cautioned:
But if they want to see this economy come roaring back with good–with good jobs, they ought to vote for me, in my view. And we ought to give, whichever president is going to be elected, at least six months or a year to get those policies in place.
That’s perfectly fair. A new President needs some time to get policy in place, and those policies need some time to work. The American Economy is big and it takes a bit of time to turn it around. Fair enough. A President, by Mitt Romney’s standards, should only be held accountable for his jobs record after the first year.
So how did Obama do on jobs? Below is a chart of total employment from Obama’s inauguration through last month. I’ve pointed out the 1 year mark, after which we should begin examining the President’s record.
Well would you look at that. According to Mitt Romney, Obama has overseen a massive expansion in employment! 4 million jobs!
Any chance Romney will admit this?
[…] policies have yet to take effect. Using that metric, we find that Obama has overseen jobs grow by four million, which would put him just above JFK on the Mercatus […]