Monday, April 16, 2012

Fox News calls out Mitt Romney for "accounting trick" regarding women's unemployment statement



Fox News host Chris Wallace on Sunday called out presumptive Republican presidential nominee Mitt Romney for using an “accounting trick” to assert that women had lost 92.3 percent of the jobs during President Barack Obama’s first term.

“The number of jobs — this is an amazing statistic — the percentage of jobs lost by women in the president’s three years — three and a half years — 92.3 percent of all the jobs lost during the Obama years have been lost by women!” Romney had said while surrounded by a group of women in Hartford, Connecticut last week.

“You know, 858,000 women have lost their jobs since President Obama took office,” Mitt Romney's Senior Advisor Gillespie declared. “Ninety-two percent of the job losses in this recession or this recovery — slow stifled recovery — have fallen on women.”

“Wait,” Wallace interrupted. “You know that it is true that more women have lost jobs and it’s true that more women are without jobs now, but it is not true that 90 percent — they did under Obama, but many, many more men — because they are in the job sectors that people lose jobs first — lost jobs under President Bush.”

“So, it’s a little bit of an accounting trick,” Wallace added. “And all of the independent fact finders have said it’s misleading.”

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