Wednesday, October 17, 2012

A Comment From Prof. Krugman on Romney's "Jobs Plan".

Please follow link to original
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http://krugman.blogs.nytimes.com/

Lies, Damned Lies, and Jobs

Aha. Via Greg Sargent, the Romney campaign is lying about its jobs plan.
I’m using the L-word advisedly. What I don’t mean is that I don’t believe Romney’s claims about what his policies would accomplish; I don’t, but that’s a separate issue, and people can disagree about such matters.
What I mean, instead, is that the campaign is claiming that Romney’s assertion that his plan would create 12 million jobs is backed by three economic studies — and none of the studies actually says what the campaign says it does. The (implausible) claim that tax cuts would add 7 million jobs was a 10-year estimate, not a 4-year estimate; the 3 million jobs figure for energy was a prediction of what would happen under current policy, not what Romney would add; the 2 million “get tough with China” estimate had nothing to do with what Romney is proposing.
So they’re just faking it — the same way they have with the “six studies” supposedly validating the tax plan, four of which aren’t studies and one of which actually validates the critics.
What’s amazing here is the contempt the campaign is showing for the voters and the media. Unfortunately, that contempt may be justified.

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