Mitt Romney

Obama Jobs Plan vs Romney Jobs Plan

Mitt Romney recently claimed  that Obama had no jobs plan, and added “Now I know we’re getting close to an election so he’ll come out with one soon, but three and a half years later, we’re waiting.”  But in fact, Obama introduced the American Jobs Act in September of 2011.  The plan received high marks by private sector ratings agencies.  Yet Republicans filibustered the bill.  Obama has recently brought the bill back into the limelight.

Timeline of Obama’s Jobs Plan: The American Jobs Act

Job Creation and Obama’s Jobs Plan

Obama Jobs Plan vs Romney Jobs Plan

And as shown here and here, Republicans aren’t looking to create jobs for the average worker, they’re working to try and cause Obama to lose his.  And to be clear, Obama actually has a jobs BILL that can be (and has been) rated by private sector rating agencies (as mentioned above) and whose costs have been scored by the CBO.  Romney’s jobs plan at this point is a PDF file full of vague ideas that can’t be scored in the same manner.

republican jobs plan

What’s not a jobs plan? More tax cuts for corporations and the wealthiest Americans

It’s worth noting that Mitt Romney considers slashing taxes on corporations and the wealthy to be a “job creation” strategy.  The assumption here is that lower taxes on profits will somehow cause more investment in job creation.  History has proven this wrong.  Tax rates for both have been slashed; the wealthiest are much wealthier now and corporate profits have soared and yet job creation is actually slower.
wealth disparity united states - rich and poor

corporate tax cuts - romney jobs plan

taxes don't hurt growth

top marginal tax rates and gdp

tax rates job creation

Further Reading

Fact and Myth
Leon McCloud is a prominent political blogger and commentator known for his insightful and thought-provoking analyses of political issues and economic trends. Born in 1985, Leon's passion for understanding the complexities of the political landscape began at a young age and has driven him to become a respected voice in the world of political discourse.