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From The Washington Post: When we last looked at one of Romney’s claims about Obama’s job record, his campaign inflated the job-loss total by assigning the entire month of January — when 820,000 jobs were lost — to Obama’s term, even though he took office Jan. 20. We are pleased to see that the campaign no longer does this, and instead starts the count in February. But is this fair? An additional 2.2 million jobs were lost in February, March and April, before much of Obama’s stimulus could take effect. (He signed it into law Feb. 18). The recession did not officially come to an end until June 2009. Since that point, 1.2 million jobs have been created — which is still pretty anemic, but it is not a negative number. Romney also claims to have created more than 100,000 jobs as a business consultant. Fehrnstrom says the 100,000 figure stems from the growth in jobs from three companies that Romney helped to start or grow while at Bain Capital: Staples (a gain of 89,000 jobs), The Sports Authority (15,000 jobs), and Domino’s (7,900 jobs). This tally obviously does not include job losses from other companies with which Bain Capital was involved — and are based on current employment figures, not the period when Romney worked at Bain. (Indeed, Romney made his comments in response to a former employee of American Pad & Paper Co. who says he lost his job after Bain Capital took it private.) As we have explored before, we can neither prove nor disprove Romney’s previous statement that “tens of thousands of jobs net-net were created.”
Notice how Romney is described about 2 minutes and 30 seconds into this video...
The Colbert Report
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'he chops up companies' ... does that remind you of any movie? ...
"Edward is a rich, ruthless businessman who specializes in taking over companies and then selling them off piece by piece."