Romney’s Plan For 12 Million Jobs — Take Credit for the Work Done by Obama

During an arguably well-delivered speech at the Republican National Convention, Romney, unfortunately, served up a number of glaring whoppers. The first was his making light of an increasingly real, damaging, and dangerous climate crisis. This bald denial of an event affecting farmers all throughout the heartland was just the first of many statements that don’t quite jibe with facts, reality, or even decency.

Unfortunately for both Romney and the rest of us, Romney’s climate change denial was only his first fault. His second error had to deal with, not making light of a serious problem that needs addressing, but with attempting to do nothing and take credit for the hard work of others. In his speech, Romney claimed that his administration would create 12 million jobs. On its face, it sounds like an ambitious plan. But let’s take a little time to analyze this promise.

The sad, sorry, rough truth is that world economic conditions aren’t so hot when it comes to jobs. We have a number of powerful corporations ranging the globe searching for ever-more-productive workers for an ever-decreasing relative wage. The net effect of this endless flight to lower paying jobs is a world-wide pressure on all middle class and, for that matter, living wage jobs. Pervasive corporate worker exploitation on a global scale has made it increasingly difficult for people to find decent-paying jobs since the 1980s.

This growing jobs crisis reached a boiling point during the great recession when states began to adopt austerity programs. These programs drastically cut the number of decent-paying government jobs available. Now workers were faced with the tough reality that even governments weren’t likely to provide nearly as much in the way of worthwhile work. Austerity resulted in a geological shift in the employment market that drastically reduced the pool of living wage jobs. And it is, perhaps, ironic to note that the same corporations and political forces pushing lower wage market jobs were the same forces pushing for austerity in many countries, including the US.

The net result is that economic prospects, unless you’re the modern version of a robber-baron, aren’t so hot globally.

The US has been somewhat insulated to this hard reality through the efforts of President Obama. He pushed a stimulus program that was vital in reducing jobs losses and in restoring the opportunity for job creation. He has recoiled against republican efforts to force austerity on the United States. As such, he has preserved many well-paying jobs that would otherwise have been cut. However, since republicans dominate the House of Representatives and hold most US Governor’s seats, they have been successful in cutting public service rolls at the state and federal level. Less firefighters, teachers, researchers, police officers, and scientists means less decent-paying jobs available. A college graduate with a science degree might be forced, instead, to take a minimum wage, bad benefits job at Staples, for example.

But despite these political pressures and the predatory corporate practices resulting in an extremely adverse world jobs climate, Obama has managed to push through a number of policies that stabilized the US jobs situation. His first efforts stopped jobs losses at the rate of 750,000 per month during the last days of Bush. And his next efforts began the hard work of creating new jobs in an extremely adverse political and economic climate. These efforts resulted in a .84% increase in jobs so far throughout his administration. This increase, ironically, is equal to the percent of US jobs lost under Bush’s second term. It is more than the jobs created under Bush’s first term. It is also more than the number of jobs created under Bush senior or even the number of jobs created during the second term of Eisenhower.

After the worst economic crisis since the Great Depression and in the current terrible world jobs climate, this work amounts to serious heavy lifting. But looking forward, the real benefit of Obama’s jobs policies becomes even clearer. According to a recent report by Moody’s Analytics, over the next four years 12 million jobs will be created in the US. This is the more positive jobs climate Obama worked so hard to establish. And even if no further policy measures are implemented to create jobs, according to Moody’s, those 12 million jobs will be there.

And this, at last, brings us to Romney. It seems that climate change isn’t the only thing he and his fellow republicans are in denial of. It appears he’s in denial of the plain fact that Obama’s job creation policies actually worked. But his denial isn’t so deep as to disallow a cynical attempt to steal credit for the Obama Administration’s successes. This action is similar to that of a middle level corporate manager who waits for an enterprising employee to make a breakthrough and, essentially, steals his idea. So we can see where Romney’s corporate experience is starting to ‘shine through’ during this election process. But stealing an idea from a standing President isn’t so easy as from a victimized employee. The facts, as we have noted, are plainly visible for all should they care enough to look.

As for Romney’s so-called jobs ‘policy?’ According to fact checkers it is nothing short of a vague list of notions that don’t amount to any solid position at all. Nothing more than advertising and posturing mascaraing as serious political action. The Romney paper was so lacking in substance that analytic organizations had no means to score it for potential jobs created or lost. In short, it’s a puff paper.

So what, in the end, is Romney’s jobs policy?

Do nothing. Set America adrift. Take credit for other people’s work.

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