“We were able to help create over 100,000 jobs. On the president’s watch, about 100,000 jobs were lost in the auto industry and auto dealers and auto manufacturers, so he’s hardly one to point a finger.”
— Mitt Romney, interview on Hot Air, May 16, 2011
The 100,000 jobs is back! The presumptive GOP nominee all but stopped mentioning he created 100,000 in the private sector after we declared in January that claim was untenable and unproven. The biggest problem is that Romney is counting all the jobs added by companies long after he had left the leadership of Bain Capital — and even after Bain’s investment in the companies had ended.
In the Hot Air interview, Romney even made this claim while at the same time arguing that a recent Obama campaign commercial slamming the job losses at a particular Bain investment was unfair because “the steel factory closed down two years after I left Bain Capital. I was no longer there, so that’s hardly something which is on my watch.” (Technically, Romney had not completely extricated himself from Bain but that’s another story.)
The logic there escapes us. Romney appears to be saying it is okay to count jobs created after he left Bain, but it’s not okay to count jobs lost after he left Bain.
As we have said, Romney “certainly has a good story to tell about knowing how to manage a business, spotting opportunities and understanding high finance.” But if he wants to wall off companies that failed after he stopped managing Bain, he also has to stop counting jobs created after he left Bain.
So Romney gets a “repeat offender” award — our crack graphics staff is still developing the icon — for once again saying he created 100,000 jobs. But let’s also look at his claim that 100,000 jobs were lost in the auto industry “on the president’s watch.” That’s a new one.