fact president bush who was in office when mitt romney wrote the editorial in the new york times in november of 2008 also decided they needing the bridge loan. what you have is romney trying to go after both ends of that formulation. not easy to pull that off. one of the things that s still an open question about this reiteration of the romney campaign is whether or not they acknowledge previous statements by the candidate that seem to contradict current statements or whether they retend older things went away. whether they re trying the etch a sketch thing. on the bin laden thing, do they wrangle at all with the fact that mr. romney was asked would you overrule the leadership in pakistan or go behind their back and get bin laden without notifying pakistan? he said, absolutely not, i wouldn t do that, that would be a horrible mistake. do they wrangle with that at all or hope it s lost? they wrangle with it a little bit because one of the things romney said at the time when he was
obama did it. romney s strategy on that part of the situation is to say, any president would have done that. on general motors, again general motors has recovered under president obama and so what mitt romney is doing is looking at the end stage of that process which was a managed bankruptcy and saying, you see, he did my plan. what he omits there is the fact that president bush of his own party and president obama both provided cash to get general motors to that managed bankruptcy process. the romney campaign will argue and say, well, without that cash it would have happened anyway and the obama team, including steve rattner, who was essentially involved in that, say there wasn t a nickel of private financing available to do that. but the strongest evidence for the fact that obama has the high side of this argument is the fact president bush who was in office when mitt romney wrote the editorial in the new york times in november of 2008 also
that year, america began to gain jobs. a painfully slow, but steady job recovery has now taken hold for the last 18 months. and here is the key, if you want to bring it back to politics. if the economy adds just over 100,000 jobs per month between now and the election, america will have gained back every single job lost during the obama presidency. north zuckerman is the editor in chief of u.s. news & world report. he s also an extremely wealthy and successful democratic businessman. and he wrote this week, president obama s economic programs have failed. mort, the economy is on pace, as you saw, to get back every job lost under president obama, about a recession that he didn t start. why? why are you saying it s failed? let me put it this way. in the first place, those numbers are slightly misleading. we need 125,000 to 150,000 jobs every month just to take into account the new people coming into the labor force. absolutely, but that s not the criticism. i haven t fi
year america began to gain jobs, a painfully slow but steady job recovery has taken hold for the last 18 months. here is the key if you want to bring it back to politics. if the economy adds just over 100,000 jobs per month between now and the election, america will have gained back every single job lost during the obama presidency. mort zuckerman head of u.s. news and world report. he s also an extremely wealthy and successful democratic businessman and he wrote this week president obama s economic programs have failed. mort, the economy is on pace, as you saw, to get back every job lost under president obama about a recession he didn t start. why? why are you saying it s failed? let me put it this way. in the first place those numbers are slightly misleading, we need 125 to 150,000 jobs to take into account. i m not finished. not debating, just facts. compare this to any previous recession, 1970s, 1980s at this point the economy was growing between 6 and 8%. the largest
in fact, generally speaking they get back 4.8%. i m going to put a few kernels into their pot because they are not paying taxes. let s look at another group. this bag represents people who earn between $30 and $100,000 a year. that s about 40% of households in the united states. this group represents a contribution of 18%. 18% of the total personal tax revenues come from here. i m going to put about two handfuls of popcorn in the bowl to represent the taxes they pay. this bag represents people who earn between $100,000 and a million dollars a year. $100,000 to a million a year. that s about 15% of u.s. households. guess what? this group contributes more than 60% to the total pie. i m going to at that in, about six handfuls. you ve got three, four, five, six and a few extras. that s how much this group people who earn between $100,000 and a million dollars put that much into the total pie. now let s talk about the group president obama is referring to when he talks about the