http://thinkprogress.org/...
Fairly early on they nailed Romney's Number One claim to his deserving the Presidency. Jobs.
2) “I put out a five-point plan that gets America 12 million new jobs in four years and rising take-home pay.” The Washington Post’s in-house fact checker tore Romney’s claim that he will create 12 million jobs to shreds. The Post wrote that the “‘new math’” in Romney’s plan “doesn’t add up.” In awarding the claim four Pinocchios — the most untrue possible rating, the Post expressed incredulity at the fact Romney would personally stand behind such a flawed, baseless claim.
Details From the Wapo
But the specifics — 7 million plus 3 million plus 2 million — mentioned by Romney in the ad are not in the white paper. So where did that come from?
We asked the Romney campaign, and the answer turns out to be: totally different studies [than Moody's that predicted 12 Million Jobs over the next 4 years]… with completely different timelines.
For instance, the claim that 7 million jobs would be created from Romney’s tax plan is a 10-year number, derived from a study written by John W. Diamond, a professor at Rice University.
This study at least assesses the claimed effect of specific Romney policies. The rest of the numbers are even more squishy.
For instance, the 3-million-jobs claim for Romney’s energy policies appears largely based on a Citigroup Global Markets study that did not even evaluate Romney’s policies. Instead, the report predicted 2.7 million to 3.6 million jobs would be created over the next eight years, largely because of trends and policies already adopted — including tougher fuel efficiency standards that Romney has criticized and suggested he would reverse.
In other words Moody's has predicted that with current policy we would gain 12 Million jobs by 2016, whereas what Romney is referring to is a set of studies that say, respectively, that in either 10 years or 8 years we would reach the 12 Million job mark, and that doing so depends largely on implementing
Obama's Energy Plan and Efficiency Standards.
If Romney isn't going to bring us his promised 12 Million Jobs, or at best he's going to do it more slowly than it will otherwise happen, why should ANYONE Vote for him?
At the debate Romney claimed that he would support more Pell Grants and extend student loans, when he had previously said he "wouldn't give out money from the Government" and that students looking for a college should "Shop Around". In additional he's said the Ryan Budget was "Marvelous" and it happens to cut Pell Grant spending.
At the debate Romney said that President Obama had "cut permits for drilling on public lands ", and that production was down '14%" which ignores the fact that overall oil product is up, and that it's even up on public lands as well. But...
“Overall, oil production on federal land under Obama is up from 566 million barrels in 2008 to 626 million barrels in 2011, a 10.6 percent increase.”
There was a one-year decrease - of 14% - which can at least partially have been caused by the Deep Water Horizon disaster when the Obama administration temporarily halting all new wells on public lands. This one-time stoppage has not reversed the overall upward trend in domestic production.
In response to the President pointed out that his administration had be rescinding some of 7000 permits that the oil industry already has but hasn't used 2/3rds of them, until they actually begin to do something with them.
At the debate Romney claimed he was in favor of all renewable energy sources, yet his budget proposals include cutting a $14 Billion tax credit for wind power.
At the debate Romney eventually admitted that coal production was up, but that coals jobs weren't up - but they are up by 1,500 workers.
At the debate Romney claimed he would have America energy independent in 8 years, but he would start by according to the CBO has very little control of the price of a global commodity.
Romney claimed that he would not reduce the share of taxes paid by the wealthiest America even after cutting their tax rate by 20%.
The Tax Policy Center is not having that. http://thinkprogress.org/...
“He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,”
And that's just the top ten. There's much more where that came from.
Vyan