Snow Job on Jobs
By PAUL KRUGMAN
You can defend President Obama’s jobs record — recovery from a severe
financial crisis is always difficult, and especially so when the
opposition party does its best to block every policy initiative you
propose. And things have definitely improved over the past year. Still,
unemployment remains high after all these years, and a candidate with a
real plan to make things better could make a strong case for his
election.
But Mr. Romney, it turns out, doesn’t have a plan; he’s just faking it.
In saying that, I don’t mean that I disagree with his economic
philosophy; I do, but that’s a separate point. I mean, instead, that Mr.
Romney’s campaign is telling lies: claiming that its numbers add up
when they don’t, claiming that independent studies support its position
when those studies do no such thing.
*
In Tuesday’s debate, he (Romney) declared, “I came
through small business. I understand how hard it is to start a small
business.” In his speech at the Republican convention, he declared,
“When I was 37, I helped start a small company.”
Ahem. It’s true that when Bain Capital started, it had only a handful of
employees. But it had $37 million in funds, raised from sources that
included wealthy Europeans investing through Panamanian shell companies
and Central American oligarchs living in Miami while death squads
associated with their families ravaged their home nations.
Read it at the IHT:
http://www.nytimes.com/2012/10/19/opinion/krugman-snow-job-on-jobs.html?_r=0
No comments:
Post a Comment