Mitt Romney promises 12 million new jobs in RNC speech.
This blog has mostly focused on getting back to work from an individual perspective. There has been that one instance on referring to the macroeconomy. In keeping with current events, I want to talk about jobs from a macroeconomic perspective. There will be a lot of talk about jobs as the presidential race enters its homestretch.
Why has the Obama administration been unable to properly address this issue and is Romney's plan realistic? Romney has been something of a flip-flopper and has scaled down his more ambitious jobs plan. But even the current one of 12 million new jobs comes to about 250,000 new jobs a month which is a bit out there given that the U.S. economy created 163,000 jobs in July.
