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Posts Tagged ‘CEO of Bain’

Turns out Mitt Romney’s Bain record didn’t create jobs in Massachusetts (Jim Bourg/Reuters)

Daily Kos

By- Jed Lewison

Wed May 30, 2012 at 07:18 AM PDT

With ABC’s Jake Tapper reporting that the Obama campaign is about to unleash an attack on Mitt Romney’s weak job creation record in Massachusetts, here are three things you should know:

  1. Just like he is doing in 2012, Mitt Romney in 2002 said that his private sector experience as CEO of Bain Capital would allow him to create jobs in the state.
  2. Romney’s private sector experience didn’t help him create jobs. Under his leadership, Massachusetts ranked 47th out of 50 states in creating jobs. During Romney’s tenure, the job growth rate was three and a half times higher nationwide than it was in Massachusetts.
  3. By the end of his term, Romney was so unpopular that he didn’t even run for reelection—and if he had, he certainly would have lost.

With a record like that, it’s no wonder that in his standard stump speech, Mitt Romney doesn’t even mention that he was once governor of Massachusetts.

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