Mitt Romney talks a lot about his time as a corporate buyout specialist, but you know what we don't hear very much about?
His experience as governor of Massachusetts.
That may be because he made promises to Bay Staters while on the
campaign trail in 2002 that sound an awful lot like the ones he's making
to the country today -- and as you know all too well, he failed to
deliver on them.
Just like now, he claimed his success in the private sector meant he'd
be able to create jobs, cut taxes, and bring down the debt. He did the
opposite.
I was born and raised in Massachusetts, so for me, the damage he did
there is personal. So today, I'm asking folks like you to help tell the
truth about Romney Economics -- what it meant for us, and what it would
mean for all Americans if he were elected president.
Check
out our new video and consider joining the Truth Team -- a group of
grassroots supporters that's helping spread the word about Romney's real
record.
To jog your memory, here's a recap of Romney's time in office:
Even as the rest of the country was enjoying a brightening economy,
during Romney's term Massachusetts plummeted to 47th out of 50 states in
job creation; manufacturing jobs declined at twice the national
average; and for the first time since 1995, its unemployment rate was
above the national average.
Long-term debt ballooned by more than $2.6 billion -- leaving
Massachusetts with the highest per capita debt of any state in the
nation. State spending increased every single year, and Romney raised
taxes and fees by $750 million per year -- leading to a higher state and
local tax burden of $1,200 for every Bay Stater. Over his term, fees at
public colleges skyrocketed by 63 percent, and during his first year,
K-12 schools saw the second-largest percentage cuts, per student, in the
nation.
All that in just four years.
Mitt Romney promised more jobs, less debt, and smaller government for
Massachusetts based solely on his experience as a corporate buyout
specialist. Turns out that being good at maximizing profits for yourself
and your investors, but leaving companies bankrupt and workers without
jobs, doesn't exactly prepare you to lead a state -- or a country.
Yet Romney's out there making the same empty promises all over again. And we've got to make sure no one else buys it this time.
The bottom line? Romney Economics didn't work for Massachusetts then, and it won't work for America now.
Watch our new video to get the facts, then pass it on to everyone you know:
http://my.barackobama.com/Romney-Economics-and-Massachusetts
We've got work to do -- let's go.
- Stephanie
Stephanie Cutter
Deputy Campaign Manager
Obama for America
