2016 Postmortem
Related: About this forumThinkProgress: 5 Facts About The Massachusetts Economy Under Mitt Romney
http://thinkprogress.org/economy/2012/06/04/494282/5-facts-about-the-massachusetts-economy-under-mitt-romney/5 Facts About The Massachusetts Economy Under Mitt Romney
By Travis Waldron on Jun 4, 2012 at 9:35 am
Republican Mitt Romneys presidential campaign whipped out a new number over the weekend to dispute federal government data that ranked Massachusetts 47th in job creation during Romneys time as governor there. Three separate campaign advisers used the Sunday morning news circuit to claim that the state was actually 30th in job growth in Romneys final year in office.
Of course, moving the state to 30th would still mean it was in the bottom half of the nation, a fact that would seem to fit assertions from local experts that the states economy was below average and often near the bottom while Romney was governor. Here are five facts about the Massachusetts economy from Romneys 2003-2007 tenure:
2) Its labor force declined: Only Louisiana, which was ravaged by Hurricane Katrina in 2005, saw a bigger decline in its labor force than Massachusetts during Romneys tenure as governor. That decline largely explains the states decreasing unemployment rate (from 5.6 to 4.7 percent) while Romney was in office, according to Northeastern University economics professor Andrew Sum. At the same time, the nation as a whole added 8 million people to the labor force.
3) It lost manufacturing jobs at twice the national rate: Massachusetts lost 14 percent of its manufacturing jobs during Romneys time in office, according to Sum. The loss was double the rate that the nation as a whole lost manufacturing jobs. In 2004, Romney vetoed legislation that would have banned companies doing business with the state from outsourcing jobs to other countries.
4) It was below average, often near the bottom: There was not one measure where the state did well under his term in office. We were below average and often near the bottom, Sum told the Washington Post in February. As a result, the state was more comparable to Rust Belt states like Illinois, Michigan, and Ohio than it was to other high-tech economies it typically competes with.
5) It piled on more debt than any state: Romney left Massachusetts residents with $10,504 in per capita bond debt, the highest of any state in the nation when he left office in 2007. The state ranked second in debt as a percentage of personal income. Romney regularly omits those statistics from his Massachusetts record, instead touting the fact that he balanced the states budget (he was constitutionally required to do so). He wouldnt be much different as president: his proposed tax plan adds more than $10 trillion to the national debt.
rhett o rick
(55,981 posts)Liberal_Stalwart71
(20,450 posts)Yeah, I know that the Corporate Media sees MA as this liberal bastion and so of course Obama has a great chance. However, if R-Money had such a great record on jobs and other economic issues, shouldn't he be blowing Obama away in the polls? Shouldn't the R-Money camp interview MA voters to get their views on how well R-Money performed in their state?
ccavagnolo
(65 posts)To interview a range of MA voters (race, profession, religion) and get their take on his leadership, this should be done. let the people speak of his record.
Being from the North East and spending quite a bit of time in MA, i never understood its identity as a liberal land. Maybe it was just the angry drunk white youths I had the displeasure of running into time and time again, but their views and attitudes remind me much of many southern folk i have met.
tilsammans
(2,549 posts)Almost all of my teabagger wingnut relatives live in Massachusetts.
Hubert Flottz
(37,726 posts)Mitt is full of Shitt!