from DNC Rapid Response
Fact Checking Mitt Romney
Today, ATTEMPTING TO DISTRACT FROM the five year
anniversary of his signing of the Massachusetts Health Reform Law
tomorrow, Mitt Romney announced in a video that he has established a
presidential exploratory committee. Please see the fact check
below
debunking claims made by Romney in the video.
ROMNEY RHETORIC: “Sometimes I
was successful and helped create jobs, other times I wasn’t.”
REALITY: ROMNEY IS RIGHT THAT HE
PROFITED OFF OF LAYING OFF WORKERS
Romney’s
Fortune “Was Made On The Backs Of Companies That Ultimately Collapsed,
Putting Thousands of Ordinary Americans Out On The Street.” [
New York Post, 2/19/11]
Romney-Led
Bain Capital Closed US Factories, Caused Hundreds Of Layoffs And
“Pocketed Huge Fees Shortly Before The Companies Collapsed.” [
Los Angeles Times, 12/6/07]
Romney’s Tenure at Bain “Resulted in the Loss of Thousands of Jobs
Through Layoffs And Bankruptcies.” [
CNN.com, 1/30/08]
Former Bain Partners: Romney Had Chances To Fight To Save Jobs But
Didn’t. [
Boston Globe, 1/27/08]
ROMNEY RHETORIC:
“This morning I spoke with a number of students here at the University
of New Hampshire. Like young people all over the country, they wonder
whether they’ll find good jobs when the graduate.”
REALITY: ROMNEY’S JOB CREATION
RECORD IN MASSACHUSETTS WAS ONE OF THE WORST IN THE COUNTRY
During
Romney’s Tenure as Governor, Massachusetts’ Economic Performance Was
“One Of The Worst In The Country” On “All Key Labor Market
Measures.” [
Boston Globe, 7/29/07]
Factcheck.org: “Romney’s Jobs Record Provides Little To Boast About.” [
Factcheck.org, 1/11/08]
December 2006 Massachusetts Ranked 8th Highest Nationally With An
Unemployment Rate Of 5.3. [
Unemployment Report, US Department Of Labor/Bureau Of
Labor Statistics, 1/23/07]
Massachusetts
Unemployment Rate “Showed Little Movement During Romney’s Tenure” And
Went From Below The National Average When He Took Office To Above The
National Average When He Left. [
AP, 2/4/08]
Under
Romney The Number Of Employed Residents In Massachusetts Declined
Making It “The Only State To Have Failed To Post Any Gain In Its Pool
Of Employed Residents.” [
Boston Globe, 7/29/07]
In Romney’s Four Years As Governor Massachusetts Ranked 47th Out Of 50
In Jobs Growth. [
Marketwatch, 2/23/10]
· In Romney’s
First Year In Charge, Massachusetts “Ranked Dead Last In America In Job
Growth.” [
Marketwatch, 2/23/10]
ROMNEY RHETORIC: “I
learned how America competes with companies in other countries, why
jobs leave and how jobs are created here at home.”
REALITY: ROMNEY VETOED LEGISLATION
THAT WOULD HAVE BARRED OUTSOURCING
REALITY: Romney Vetoed A Bill That Would Have Stopped Massachusetts
Taxpayers From “Propping Up Jobs Overseas.” [Boston Herald, 2/28/06]
ROMNEY RHETORIC: “Last
week in Nevada, I walked through a neighborhood with homes vacant, or
in foreclosure.”
REALITY: FORECLOSURES IN MASSACHUSETTS
SKYROCKETED UNDER ROMNEY’S WATCH
Foreclosures In Massachusetts While Romney Was Governor Went From 4,200
In 2003 To 19,500 In 2006. [
Boston Globe, 4/1/11]
Foreclosures In Massachusetts In 2006 Totaled 19,487. [Business Wire
Press Release, ForeclosuresMass, 2/6/07]
Foreclosures In Massachusetts In 2005 Totaled 11,493. [Business Wire
Press Release, ForeclosuresMass, 1/30/06]
Foreclosures In Massachusetts In 2004 Totaled 8,689. [Business Wire
Press Release, ForeclosuresMass, 1/30/06]
Foreclosures in Massachusetts In 2003 Totaled 4,167. [Boston Globe,
1/20/04]
ROMNEY RHETORIC:
“Later when I served as Governor of Massachusetts, I used the skill s I
had learned in 25 years in business to streamline state government,
balance the budget every year, and restore a $2 billion rainy day fund.”
REALITY: ROMNEY DIDN’T SLASH
BUREAUCRACY IN MASSACHUSETTS
Despite
Vowing To Slash The Bureaucracy Romney Only Cut 603 Agency Jobs During
His Governorship—His Predecessor Slashed 7,700 During His First
Term. [
Boston Globe, 6/29/07]
Romney Cut 4,000 Jobs From State Payroll As Governor But Restored
Nearly All Of Them When The Economy Rebounded. [
Boston Globe, 5/1/10]
REALITY: ROMNEY LEFT HIS SUCESSOR A
BILLION DOLLAR DEFICIT
Romney
Made The Economy A Central Part Of His 2008 Campaign But “Unemployment
Is Still Relatively High” In Massachusetts And Romney Left A $1.3
Billion Budget Gap. [
New York Times, 3/16/07]
Patrick
Said Romney Left Him At Least A $1 Billion Budget Deficit And Used “All
Kinds Of Patches And Plugs” To Obscure The Deficit. [
AP, 1/5/07]
Massachusetts
Taxpayer Foundation: Patrick’s Billion Dollar Shortfall Estimate
Is
“Consistent With The Numbers Presented By Romney’s Fiscal Experts In
Briefing Patrick’s Budget And Finance Transition Working Group.”
[Widmer Op-Ed, Boston Globe, 1/16/07]
Romney
Aides Warned Patrick Privately Of Looming Budget Deficit But Publicly
Released A Budget Blueprint That Was Rosier So Romney Could Say He Left
Office With A Balanced Budget. [Boston Globe, 12/30/06]
· Patrick
Aides: Romney’s Public Budget Blueprint “Was Based On Overly Optimistic
Revenue And Spending Data” Made To Make The State’s Finances Look
Healthier As Romney Ran For President. [Boston Globe, 12/30/06]