General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKrugman: The Drywall Chronicles
So Mitt Romney gave a speech at a closed Ohio drywall factory, which he tried to use as a symbol of Obamas economic failure. The symbolism was perfect not as an illustration of Obamas failure, but as an illustration of just how stupid Romney thinks we are.
Even regular reporters noticed that the factory in question closed under, yes, George W. Bush a fact Romney failed to mention, although his campaign scrambled to cover for him afterwards.
What I didnt see mentioned was the point that this was a drywall factory that is, a supplier of a product largely used in home construction. Its one thing to say that Obama should have revived the economy as a whole; its another to say that he should have brought back the housing bubble!
Finally, why should we believe that Romneys policies basically tax cuts for the rich, as usual would yield great economic results? Well, I guess you can point to Bushs example; how did his administration at this point compare with Obama? From BLS data:
- more -
http://krugman.blogs.nytimes.com/2012/04/22/the-drywall-chronicles/
Liberal_in_LA
(44,397 posts)factory is now example of businesses that didn't reopen under Obama.
CTyankee
(63,912 posts)with them. Day in and day out, things like this occur.
I can see this one in an Obama campaign ad now...
mother earth
(6,002 posts)Liars and thieves are in no short supply for the GOP.
ProSense
(116,464 posts)expect the media to call Rmoney on his lies.
mother earth
(6,002 posts)Icicle
(121 posts)Massachusetts was 47th in job creation during his Governorship.
47th.
So there are a minimum of 46 people who would be better at being President, if one is looking at this economically. (how's that for "framing"?)
And Mr. Romney is a liar. Although I hear the P.C. term for that is "Flip-Flopper."
Boston Globe 7/29/07:
http://www.boston.com/news/globe/editorial_opinion/oped/articles/2007/07/29/romneys_economic_record/
CNN Truth Squad:
http://articles.cnn.com/2012-01-08/politics/politics_truth-squad-romney-jobs_1_mitt-romney-barack-obama-net-gain?_s=PM OLITICS
And here's something from The Washington Post about Romney's "manipulation of the truth.":
Greg Sargent: It Is Not Debatable To Claim That The Overall Net Job Loss Number Romney Cites Is A Fair Measure Of The Success or Failure Of Obamas Policies.
Romneys claim that two million jobs were lost under the Obama presidency is based on the idea that theres been a net loss of jobs since he took office.
In other words, Romney is taking into account the fact that the economy continued hemorrhaging jobs at a furious rate after Obama took office before Obamas stimulus passed. But the figures show that once it became law, monthly job loss declined over time, and turned around in the spring of 2010, after which the private sector added jobs for over 20 straight months, totaling around 2.2 million of them.
You can debate whether the stimulus underperformed. You can debate whether the stimulus is the reason the economy did add private sector jobs. You can argue that public sector jobs loss should be factored in. But it is not debatable to claim that the overall net jobs loss number Romney cites is a fair measure of the success or failure of Obamas policies.
Washington Post, The Plum Line blog, 1/3/12
mother earth
(6,002 posts)was wrought with nary a sound from the GOP enablers who went along in sync with the Bush cabal.
great white snark
(2,646 posts)Watching the news you'd think these were all recent developments and everything was fine and dandy when Obama took office.