Mitt Romney's presidential campaign is claiming that their candidate created more jobs as CEO of Bain Capital and governor of Massachusetts than President Barack Obama has created in office.
''Mitt Romney helped create more jobs in his private sector experience and more jobs as Governor of Massachusetts than President Obama has for the entire nation," Romney press secretary Andrea Saul said in a response to the Obama campaign's new ad attacking Bain Capital.
The new line follows a debate last year over how many jobs Romney created as CEO of the private equity firm, with the candidate offering 100,000 as the number he helped to create with Staples, The Sports Authority, and Domino’s. That number was widely challenged for ignoring the job losses suffered by other Bain-owned companies.
The Romney campaign explained their math with three bullet points:
-Under Governor Romney, Massachusetts Added Tens Of Thousands Of New Jobs And The Unemployment Rate Fell Below 5%.
-Governor Romney Helped Create “Thousands Of Jobs” In The Private Sector. (With a link to the Washington Examiner.)
-During President Obama’s Time In Office, The Nation Has Lost 572,000 Jobs And The Unemployment Rate Has Increased To 8.1%. (Taking into account the jobs lost immediate after Obama took office.)
But the Obama campaign scoffed at the Romney math on Monday, noting that Romney has never been able to substantiate the number of jobs he created — or if he created any — at Bain, and that Massachusetts dropped to 47th in the country on job creation under his tenure.
“The President brought the nation back from the brink of another Depression — we were losing 750,000 jobs a month when the President took office — businesses have now created more than 4.2 million jobs since he took office, the manufacturing sector is back and GM is the number one automaker in the world again," Obama press secretary Ben LaBolt told BuzzFeed. "Mitt Romney has asked Americans to elect him based on his tenure as a corporate buyout specialist where he profited off of outsourcing jobs and bankrupting companies — the same economic philosophy he would bring to the Oval Office.”