FACT CHECK: Romney’s Policies Wouldn't Create Jobs
While Mitt Romney tonight said that we need “jobs…lots of jobs”, even independent economists have said that his policies would cost jobs and slow down the recovery.
ECONOMISTS SAY ROMNEY’S ECONOMIC POLICY PLANS WOULD “DO MORE HARM IN THE SHORT TERM” AND “PUSH US DEEPER INTO RECESSION AND MAKE THE RECOVERY SLOWER”
Washington Post Headline: “Economists: Romney’s Ideas Wouldn’t Fix Short-Term Crisis, And Could Make Things Worse.” [Greg Sargent, Washington Post, 6/7/12]
Senior Adviser At Moody’s Analytics Mark Hopkins: Romney’s Policies “Would Do More Harm In The Short Term” And “If We Implemented All Of His Policies, It Would Push Us Deeper Into Recession And Make The Recovery Slower.” Asking whether Romney’s economic policy ideas would create jobs in the short-term: “‘On net, all of these policies would do more harm in the short term,’ added Mark Hopkins, a senior adviser at Moody’s Analytics. ‘If we implemented all of his policies, it would push us deeper into recession and make the recovery slower.’” [Greg Sargent, Washington Post, 6/7/12]
Nobel Prize-Winning Economist Joseph Stiglitz: “The Romney Plan Is Going To Slow Down The Economy, Worsen The Jobs Deficit And Significantly Increase The Likelihood Of A Recession.” [Bloomberg, 6/5/12]