Monday, July 11, 2011

Mittens watch

Romney's jobs record lacking/LATimes

During the years he was governor, [Massachusetts] ranked among the last in the nation in job creation. The percentage increase in jobs — about 1% — was lower than in all but three states, according to the U.S. Bureau of Labor Statistics. In worse straits were Ohio, suffering the ongoing deterioration of its manufacturing infrastructure; Michigan, beset then by the decline of the auto industry; and Louisiana, devastated by Hurricane Katrina.

Many factors contribute to the economics of any given state, and a governor can sometimes have only limited influence. But Romney's performance in the job represents his argument for election. He and his backers say he is responsible for demonstrable progress for the state, which faced a series of economic challenges, including a fiscal crisis that mushroomed shortly after Romney's election.

"I'm very pleased that Massachusetts had a lower unemployment rate than the nation for three of the four years I was governor," he told reporters last week, citing another way to measure a state's employment record. "The governor before me lost jobs; the governor after me has lost jobs; we actually created jobs."

Leading economists and business advocates in Massachusetts say Romney is correct — but only to a point.

"Romney's record of economic stewardship fell short of expectations," said Michael Widmer, president of the Massachusetts Taxpayers Foundation, a business-backed group that provides research on fiscal and economic matters. In remarks echoed by others, Widmer said Romney fell particularly short in his promise to recruit employers to the state....."

One big beehive with barley and oats, and fountains of de-caf Pepsi, my brothers and sisters

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