Tuesday, October 16, 2012

Mitt Romney’s ‘new math’ for his jobs plan doesn’t add up - The Washington Post

Wondering about the Romney tax plan?
Mitt Romney’s ‘new math’ for his jobs plan doesn’t add up - The Washington Post
by Glen Kessler
: "Let me tell you how I will create 12 million jobs when President Obama couldn't. First, my energy independence policy means more than 3 million new jobs, many of them in manufacturing. My tax reform plan to lower rates for the middle class and for small business creates 7 million more. And expanding trade, cracking down on China and improving job training takes us to over 12 million new jobs.” — Mitt Romney, “in his own words,” in a campaign television ad Romney’s 12-million-jobs promise has garnered a lot of attention. 

We became interested in this ad after a reader asked whether the campaign had provided much detail on how he would reach this total. This television ad is also prominently featured on the Romney campaign’s “Jobs Plan” Web page.  The math here appears pretty simple: 7 plus 3 plus 2 equals 12. But this is campaign math, which means it is mostly made of gossamer. Let’s take a look." 'via Blog this'

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