SMRs and AMRs

Friday, October 19, 2012

Just fakin' it

Snow Job on Jobs

By PAUL KRUGMAN, NYT

Mitt Romney talks a lot about jobs. But does he have a plan to create any?

You can defend President Obama’s jobs record — recovery from a severe financial crisis is always difficult, and especially so when the opposition party does its best to block every policy initiative you propose. And things have definitely improved over the past year. Still, unemployment remains high after all these years, and a candidate with a real plan to make things better could make a strong case for his election.

But Mr. Romney, it turns out, doesn’t have a plan; he’s just faking it. In saying that, I don’t mean that I disagree with his economic philosophy; I do, but that’s a separate point. I mean, instead, that Mr. Romney’s campaign is telling lies: claiming that its numbers add up when they don’t, claiming that independent studies support its position when those studies do no such thing.

Before I get there, however, let me take a minute to talk about Mr. Romney’s claim that he knows how to fix the economy because he’s been a successful businessman. That would be a dubious claim even if he were honestly representing his business career, because the skills needed to run a business and those needed to manage economic policy are very different. In any case, however, his portrait of his own experience is so misleading that it takes your breath away.

(More here.)

1 Comments:

Blogger Tom Koch said...

So, an economist who; has been wrong about a host of issues, works for a failing newspaper, knows for certain that a former community organizer understands more about job creation than a person who managed a successful capital investment firm? Lord save us. Only the NYT's faithful could swallow that line of elegant BS.

4:43 PM  

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