Republican presidential nominee Mitt Romney this morning tried to work around a surprising jobs report that saw the unemployment rate fall to 7.8 per cent, a number that is good news for President Barack Obama. Romney’s statement uses a three-pronged attack. First, he creatively hits on the point that — because of upward revisions — there were fewer jobs created from month-to-month. He never mentions the 7.8 per cent, focusing instead on a “real unemployment” calculation of 11 per cent. Finally, he closes by pushing his own economic plan.
Here’s the full statement:
“This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labour force, the real unemployment rate would be closer to 11%. The results of President Obama’s failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families. The choice in this election is clear. Under President Obama, we’ll get another four years like the last four years. If I’m elected, we will have a real recovery with pro-growth policies that will create 12 million new jobs and rising incomes for everyone.”
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