Meanwhile, Here’s The Chart That Will Get Obama Fired…

Sunday, May 6, 2012
By Paul Martin

Henry Blodget

Mitt Romney has been going on about how we should be creating 500,000 jobs a month, so earlier we published a look at the number of jobs created per month in the good old days–the Bush Adminstration.

The bottom line?

On average, there were 20,000 jobs per month created in the 8 years of the Bush Administration. There were no months in which even 400,000 jobs were created, let alone 500,000.

So Romney’s blowing hot air.

But he’s blowing it in the right place.

Obama’s biggest weakness is still the economy and unemployment, so Romney’s smart to do whatever he can to blame Obama for the current situation.

And Obama did make one big mistake with respect to unemployment, which is that he overpromised and underdelivered.

Last fall, Ezra Klein of the Washington Post wrote an excellent treatise on how the American economy collapsed, what the government did about it, and what the government might have done differently that would have actually fixed it.

The Rest…HERE

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