Romney says unemployment rate will be Obama’s downfall
April 26th, 2011
08:52 AM ET
4 years ago

Romney says unemployment rate will be Obama’s downfall

(CNN) – Former Massachusetts Gov. Mitt Romney is predicting continued high unemployment will result in a Republican 2012 victory over President Obama.

The 2008 Republican presidential candidate and former businessman, who is likely to put his economic credentials front and center in the upcoming campaign, even has a name for the current state of affairs: the Obama Misery Index.

"This unemployment crisis is part of what I call the Obama Misery Index, and it’s why my view is this man is going to get tossed from office," Romney said during an appearance on Fox News Monday. "He's a nice guy, but he just doesn’t understand what it takes to get the economy going to make America competitive globally, to rein in the size of the federal government, and to allow the American spirit of entrepreneurialism and innovation put Americans back to work."

Romney formed a presidential exploratory committee earlier month.

"The president says he’s about 'winning the future,' well people are losing the present," he added.. "You’ve got people suffering in this country. Unemployment is not a statistic.


Filed under: Mitt Romney
soundoff (49 Responses)
  1. Republicans Are The American Taliban

    Funny that the Republicans could care less about actually finding solutions to help the very citizens that voted them into office. "Jobs Jobs Jobs" morphed into "Abortions Abortions Abortions" in a matter of hours after they were elected! They really couldn't care less about the American people.

    April 26, 2011 09:41 am at 9:41 am |
  2. Anthony

    Romney's assertion that unemployment rate would be the president's downfall would be true if Republicans had a plan to increase employment. Since Republicans plan is tax cuts which had not worked since the Bush tax cuts were enacted (and continued by Obama to this day), this means that Republicans have no plan that works.

    April 26, 2011 09:46 am at 9:46 am |
  3. sly

    You Dems are in LOSER denial......Face it just like a lot of our top recruits at UK.....Obama is one and DONE!

    April 26, 2011 09:47 am at 9:47 am |
  4. Joe from CT, not Lieberman

    And unemployment was higher in 36 when Roosevelt won reelection than it was in 32 when he won initially. Also caused by Republicans fillibustering as much of the recovery that FDR was attempting to pass as they have been Obama's recovery attempts. Unemployment didn't abate until 1939, when American companies were producing "war related" materials to ship to the UK, and didn't recover to pre-29 levels until 1940 when we started shipping "war related" materials to the USSR.

    April 26, 2011 09:48 am at 9:48 am |
  5. TREY

    How is that going to hurt Obama when we put the republicans back in because they ran off jobs. Looks like it will hurt them more.

    April 26, 2011 09:49 am at 9:49 am |
  6. once upon a horse

    well it's really good then that the Republicans were voted in and came up with new ideas to create jobs........oops oh wait!!

    April 26, 2011 09:50 am at 9:50 am |
  7. paul

    That explains why Republicans "blocked" every jobs bill the last two years and why John Boehner has not sponsored a jobs bill since they have been in control of the House If the Republicans have the secret to jobs, why have they been hiding them for years. Oh, I forgot, they have jobs for the top 2% of the rich..

    April 26, 2011 09:53 am at 9:53 am |
  8. NC

    It is really funny when you liberals start lashing out with your awful bitter words when you know down deep in your hearts that your obama is in real trouble. obama will not be re-elected, even if things seem to look better. The American citizens are done with your community organizer. Mitt Romney will be elected your new President in 2012. Just take some deep breathes liberals, it will be O.K.

    April 26, 2011 09:56 am at 9:56 am |
  9. DENNA

    Really?? Well the Republicans got quite a boost in the last election, but I don't see you people doing anything to put America back to work. They have embarked on a crusade to undo ANYTHING that the average American needs – Medicare, Medicaid, Social Security, Unions, Universal Health care – everything. And you Republicans who are not rich should be on notice that you too will suffer if these programs are cut. With all of the unemployment that is going on, they even have the nerve to tax your already meager unemployment benefits, which were paid through taxes. This country will always be in trouble until ordinary people who practice conservatism come to understand that when things go south, they will go along with them. I hate this overused phrase, but "wake up people".

    April 26, 2011 09:58 am at 9:58 am |
  10. lynn

    We're dancing around the elephant in the room on jobs. Companies are doing just fine thank-you with fewer people, why in the world would they cut into their profits by hiring more people. The answer is simply they are greedy, have their employees working double-time for fear of losing their jobs and sitting on a windfall caused by the perceived economic down-turn. The companies either work with fewer people or move offshore. Mitt knows this, but is working on a smoke screen angle.

    April 26, 2011 09:59 am at 9:59 am |
  11. Sniffit

    And you were wondering why the GOP is doing absolutely nothing to increase employment...even to the extent of actively trying to decrease it via major cuts to the federal budget in order to raise the unemployment rate? Why there hasn't been a single effort on their part since taking the House to enact legislation intended to address unemployment? Duh...it's the cornerstone of their 2012 stump speeches. I and others have been saying this since January 2009: the GOP (not to mention their wealthy and corporate backers in the economy) will hamper recovery in order to pin a rotten economy on Obama. Talk about tipping your hand. Hey, Captain Hairdo, your magic undies are showing....they won't work any better to fix the economy than the pixie dust ideology you're selling.

    April 26, 2011 10:01 am at 10:01 am |
  12. Kenny

    It may also be the down fall of Tea-Publicans as they all ran in the 2010 campaigns on "JOBS, JOBS and JOBS" and those suckers got in office and started to doing everything their "Big Business Cooperate Owners" instructed them to do and just forgot about us. It's OK that they forgot about us after the election. We will remember them in the next election and sooner if they live in Wisconsin LOL.

    April 26, 2011 10:02 am at 10:02 am |
  13. Larry L

    It's worth mentioning the record of Republicans during the first two years of the Presidents term – when the results of the Bush Administration had the economy in a free fall. The Republicans blocked every initiative in the Senate with about 79 filibusters – even blocking the initiatives they created themselves! Make no mistake, the Republicans have worked to extend the economic crisis for the mid-term and Presidential elections. They take their orders from the wealthiest Americans and the plight of the working class, especially the poor, is inconsequential.

    April 26, 2011 10:02 am at 10:02 am |
  14. Bill

    In case Mitt Romney hasn't noticed, the unemployment rate is dropping. Naturally it's not where we'd all like it to be yet but it's going in the right direction and no where near as bad as it was in late 2008 when we were losing 750,000 jobs a month! Of course, Mitt Romney should know about unemployment since he ran Bain Capital, which bought up small businesses and put workers out on the street! Maybe Mr. Romney should stick to other subjects, such as Health Care...........Oops, on second thought...nevermind.

    April 26, 2011 10:02 am at 10:02 am |
  15. The Real Tom Paine

    Only 4 years of government experience, never stood for re-election, only passed laws like Romneycare for political expediency, flip-flopped on every major social issue from abortion to gun control, yet he feels he is the logical person to lead this county? He has no principles other than those of the moment.

    Romney: as cold as a snake, and as ambitious as Lucifer.

    April 26, 2011 10:03 am at 10:03 am |
  16. sly

    One and DONE!! Reality.... it will bite!

    April 26, 2011 10:05 am at 10:05 am |
  17. gt

    all that americans want is a good job and to raise there families and to be left alone ... and not to fight in wars that they cant win for people who dont care...

    April 26, 2011 10:07 am at 10:07 am |
  18. Steve

    "Romney says unemployment rate will be Obama’s downfall." It might, and Republicans will do everything possible to to keep the unemployment rate as high as possible. What is Romney's plan to bring it down? Right, Bush Lite. Where are the jobst Republicans?

    April 26, 2011 10:11 am at 10:11 am |
  19. kyle

    The GOP will talk about unemployment, but they won't dare mention creating jobs.

    April 26, 2011 10:12 am at 10:12 am |
  20. Rick McDaniel

    That is likely to be one of several factors, which will cause Obama to fail in his bid for a second term.

    The only true "change" that occurred, is that he squandered all of our tax dollars, on nothing, and the economy is about as bad now, as it was 2 yrs. ago.

    April 26, 2011 10:13 am at 10:13 am |
  21. rusty155

    The republican base there hole campaign In 2010 On JOB,JOB,JOB so were are the JOBS. That right just another Republican Lie. Mr. Romney you better get you fact straight, Because the Republican are not keeping their campaign promise at all,as a matter of fact you Republican with your budget cut are doing away with some jobs and putting more people out of work.

    April 26, 2011 10:16 am at 10:16 am |
  22. Huh?

    Wasn't this financial disaster caused by the Bush administration? is everyone's memory really that bad? Has the dumbing down of Americans been accomplished?

    April 26, 2011 10:23 am at 10:23 am |
  23. Peter s

    Republicans offshored your jobs,+ Republicans obstruction, No solution = Obama Misery Index ? Mitt are you kidding me! oops my bad! you were addressing the teatards!

    April 26, 2011 10:26 am at 10:26 am |
  24. Four and The Door

    Bill
    In case Mitt Romney hasn't noticed, the unemployment rate is dropping.
    ________________________________________________________________
    In case you haven't noticed, it started dropping just after the Republicans won big in November 2010. Think about the mechanism of a job being created. A person is hired when the employer gets a certain level confidence that business will support the extra financial burden of a new employee. Businesses have wanted more people for a long time, but would not make it happen without that specific confidence.

    The Republican promises and victories gave employers the confidence to hire again. Fortunately, the Republicans have showed they will govern true to their campaign promises. Republicans will complete the shellacking in 2012.

    Romney 2012!

    April 26, 2011 10:29 am at 10:29 am |
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