Where did Romney come up with the 12 Million Jobs figure? well,
Romney's Plan to Create 12 Million Jobs? Do Nothing
October 4, 2012
As he has been saying for months, Mitt Romney during Wednesday's presidential debate promised to create 12 million jobs during his first term in the White House. Of course, as with his pledge to close loopholes and deductions to offset his $5 trillion tax cut plan, Governor Romney was silent about how he'll actually do it. Worse still, most economists predict Romney's draconian budget cuts will cost hundreds of thousands of jobs, especially in his first two years on office.
Romney's secret plan to prime the job pump is a simple one: do nothing. As it turns out, Romney's lofty goal of 12 million new jobs over four years is what the Congressional Budget Office and other analysts have already been forecasting for the U.S. economy.
This is hardly the first time Romney has suggested he would succeed in his Seinfeldian presidency "about nothing." In May, America's would-be second CEO president promised, "I can tell you, after a period of four years, by virtue of the policies we'd put in place, we'd get the unemployment rate down to 6 percent -- perhaps a little lower."Again, the American economy under President Obama is already on track to hit that target. As the New York Times [ http://thecaucus.blogs.nytimes.com/2012/05/24/romneys-unemployment-rate-dilemma/ ] explained: