Geithner criticizes Romney's 'ridiculous' analysis
April 15th, 2012
11:46 AM ET
3 years ago

Geithner criticizes Romney's 'ridiculous' analysis

(CNN) – Treasury Secretary Timothy Geithner on Sunday called Mitt Romney's argument that women have been disproportionately affected by the economic downturn "ridiculous."

Geithner said Romney's premise that 92.3% of the jobs lost in the country were among women has been debunked, adding that men, women and families alike have been hurt by the economy.

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"It's a ridiculous and deeply misleading look at the economy," Geithner said on NBC's "Meet the Press." "Remember the recession and the crisis started at the beginning of 2008 before the president took office. It caused a huge amount of damage to men, to women, to families. And the damage lasted for a time, and you're still seeing the scars of that."

Both sides of the political aisle have accused their opponents of waging a "war on women." The latest round of attacks came from likely Republican presidential nominee Romney who has repeatedly blamed Democratic policies for a spike in female job losses.

But Geithner said the crisis "hurt everybody," particularly men in the form of construction and manufacturing jobs in 2008 and later women in the form of state and local government jobs, as well as teaching positions.

An analysis of federal labor statistics showed Romney's claim was technically true, but missing important context.

The number of non-farm employed women from January 2009, when Obama took office, to March 2012 did fall far more than the number of employed men in that period, proving the 92.3% figure. However, since February 2010, women have actually gained 863,000 jobs.

The statistic also does not reflect that men constituted a much larger chunk of the job loss pie in the year leading up to Obama's inauguration.

Geithner pointed to the 2008 start date of the downturn, before Obama took office, to help prove his point that the president is now leading the country toward economic growth.

"The president's policies are making the economy stronger," Geithner said on ABC's "This Week." "And the alternatives proposed by his opposition would be devastating, not just to the safety net, but to investments in education, be very damaging to the economy."

Romney spokeswoman Andrea Saul responded to Geithner's comments saying "What's the real risk to America's fiscal future? Four more years of the same failed policies from the Obama administration."

– CNN Political Research Director Robert Yoon contributed to this report.


Filed under: 2012 • Mitt Romney • Tim Geithner
soundoff (288 Responses)
  1. Orwell shrugs

    Lies, damnable lies, statistics, and republican analysis.

    April 15, 2012 03:34 pm at 3:34 pm |
  2. Tom Sellier

    Larry L you have placed well the dagger of truth into the heart of why the Republicans and especially Willard Romney cannot be trusted. Unless the moderators of many of today's main stream media are in fact Mormons. They are a very powerful group intent on spreading their brand of false religion.

    April 15, 2012 03:41 pm at 3:41 pm |
  3. Jim

    Anyone who believes Geitner is a fool. HE is the one (1%) who did not pay taxes but gets the job a as top tax cheat. And Obama has not created 4 miliion jobs-that is an outright LIE. All those who keep slamming Romney should ask themselves are their net worth more or less now than it was Jan 2009? MOST Americans (> than 65%) say NO. Their housing worth is much less. Their salaries IF they have a job has maintained puny. AND the COST of everyhting has gone up. Gas, groceries, college tuition, you name it it is much HIGHER than in Jan 2009. Obamas policies have enslaved many people who now rely on the government for handouts. Those people will NEVER be happy. When you rely on others for your livelihood you will never succeed. That unfortunately is what Obama and many democrats want. They want to control people with handouts for votes. They know that the handouts are a "mirage." The handouts keep the people thinking that government is doing something for them when the only thing it does is prevent individual incentive to succceed. The people who on on the governement doleouts will remain in poverty, period. There is one more reason Obama does not desrve a second term. Ask yourself "has he brought Americans together?" Before you blame the Republicans for this remember he was voted in by both sides. many people like me believed the words he campaigned on about one America. It turns out the one America was for Unions, the Environmentalists, Hollywood, the netwpork media, Planned parenthood and so on. They are the only groups that received "free passes" from Obamacare and new regulations. Obama is the most partisan President ever. He never admits fault although he makes mistakes all the time, like ginning up the Travon Martin case, calling the Cambridge cops stupid when his college professor friend lied, etc. Obama is love with himself. Just ask him who is the wisest one of all. Only FOOLS do not question what he does.

    April 15, 2012 03:42 pm at 3:42 pm |
  4. Brendan H., San Antonio, TX

    If you think the crap is flying now, just wait until Romney hires Rove – and he will, you can bet on it.

    April 15, 2012 03:44 pm at 3:44 pm |
  5. The Veteran

    If you draw a line at the date the president took office, and attribute everything that occured after that date to him, then what Mittens says has some slight validity. But the fact is, the economy was crashing from GOP policies when the President took office. He righted the ship, and turned it around. Most intelligent people understand that, and see why drawing a timeline and attributing everything after the date he raised his right hand to accept the office as misleading. Instead of dates, people should look at cause, and effect....

    April 15, 2012 03:51 pm at 3:51 pm |
  6. common sense

    I agree if you are going to run on your moral beliefs, then you should not lie or mis-represent the facts. Please do use the excuse the other side does. I do not that Ron Paul did this. At least he was up-front.

    April 15, 2012 03:55 pm at 3:55 pm |
  7. Squigman

    Never seen a republican yet, that would'nt be better served by closing the mouth and opening the mind. Will it ever happen? It's doubtful.

    April 15, 2012 03:57 pm at 3:57 pm |
  8. REG in AZ

    "Failed Policies" the current emotion attracting cry of Republicans. Any objective and rational analysis shows that once again they seek to use ridiculous claims to stir emotions and con the people in order to manipulate public opinion. For eight years Bush-Cheney placated and patronized the very wealthy and ignored their responsibilities to the majority, taking the people for granted, totally proving the "trickle down" theory to be a complete fraud only making the wealthy wealthier and soliciting political support. That is what the Republican / Tea Party advocates as their solution and what they want to return to as evidenced in their constantly protecting the interests of the few, their consistently blocking and faulting all efforts, their never offering bipartisan cooperation or even compromise and their aggressive intimidation of their own to assure unity behind the interests of "the money" who strongly support them. Who really has the "failed policies" and the nerve to want the people to support "more of the same" Bush-Cheney style? Totally ridiculous!

    April 15, 2012 04:00 pm at 4:00 pm |
  9. Dave, Central Illinois

    Why should anybody believe what this tax-cheat thinks? The Obama administration is a disaster and this twit is part of the reason.

    April 15, 2012 04:07 pm at 4:07 pm |
  10. Robrob

    So by carefully cherry picking his time frames, Romney manages to stay technically accurate? Gee....

    April 15, 2012 04:09 pm at 4:09 pm |
  11. h sutherland

    Who pays any attention to this unpunished tax cheat?

    April 15, 2012 04:09 pm at 4:09 pm |
  12. Former Republican, now an Independent

    The fact is, Romney's entire campaign has zero substance and he is grasping at straws. A campaign based entirely on tried and failed policies is absolutely a ridiculous campaign.

    April 15, 2012 04:11 pm at 4:11 pm |
  13. chelsea

    who can trust what Romney says? he just wants to be President, at any cost... even the truth...

    April 15, 2012 04:12 pm at 4:12 pm |
  14. CTYank

    Could it be that Mitt is into the same "kool-aid" as Kyl- NotIntendedToBeAFactualStatement?
    He's not easily intimidated by facts.
    There are conversations we should have, free of Mitt's bs.

    April 15, 2012 04:23 pm at 4:23 pm |
  15. Connie

    Making the economy stronger? Uh, where? Still doing damage control over what Rosen said... Not working... Romney will repair this economy.. He's smart, he's a businessman with "smarts".. For my future, for the future of our kids, to put more money in our pockets... Speaking from a "mere" woman point of view, I'll take my chances with him... It's time to make this country "strong" again.....

    April 15, 2012 04:30 pm at 4:30 pm |
  16. nobama

    so let me understand Mr Giethner.....we stuck it to men before we stuck it to women. Even the Presidents most ardent supoporters have to admit he and his crew are in way over their heads. They tried, and have failed.....next....

    April 15, 2012 04:32 pm at 4:32 pm |
  17. Marc in Texas

    Regardless of Geiuthner's past, what Romney said is misleading, and most thinking people would call it a LIE. Of copurse, he realizes taht the right wing falls for, and repeats, stupid, pandering propaganda like clockwork . Romnney is full of crap. Geithnner has worked his butt off to actually improve the economy, while Rewpublicans stand back, obstruct, and LIE. Only idiots and self-serving greedy slimewads vote GOP.

    April 15, 2012 04:35 pm at 4:35 pm |
  18. nobama

    Geithner was later quoted, "Taxes? I don't need to pay no stinking taxes!"

    April 15, 2012 04:37 pm at 4:37 pm |
  19. Rick in Phx

    Ray E. (Georgia)

    since this figure is from government statistics it has to be taken as some kind of fact. Since Romney isn't president yet, that happens in January it is iditioc to take potshots at Romney.

    Yea, I'm sure everyone in Georgia can't wait until the day they get to see Mitt Romney holding up "The Book of Mormon" as he's taking the oath of office. Time to stop snacking on the paint chips.

    April 15, 2012 04:37 pm at 4:37 pm |
  20. John

    Mr. Romney is unintentionally droll. He saw the gaping wound in his gender gap and this is his notion of how to plug it. Beware ANY politician who cherry-picks a six month or one year period and holds it up as larger proof, unless it is at least exactly the most recent available.

    April 15, 2012 04:39 pm at 4:39 pm |
  21. waikikijohn

    Mitt has a problem with the truth & also keep his story consistent. No need to fret cause we have the tapes with all his flip flops.

    April 15, 2012 04:39 pm at 4:39 pm |
  22. scott

    This coming from a man that has no business being their, look at him, he looks like a arrogant twit. This is one of the reasons this country is in bad shape because of people like Treasury Secretary Geithner. and the Administration.

    April 15, 2012 04:43 pm at 4:43 pm |
  23. Ray E. (Georgia)

    He,He,
    I consider my day a total loss until I catch hell from somebody. Rick in Phx stay out of the sun. You may be getting Sunstroke!

    April 15, 2012 04:45 pm at 4:45 pm |
  24. Mojo Jack

    Republicans with their big heads leaning so hard to the right have to run in circles to keep from toppling over. Same old failed policies coming around the curve at you again. Obama/Biden 2012.

    April 15, 2012 04:45 pm at 4:45 pm |
  25. Just Say No to Flipper

    "So the man who made wall street fail then was hired by Obama to help fix what he helped to brake and has done a horrible job fixing the mess he help cause is going to criticize a man who helped to build many business including Staples, ran the Winter Olympics, Managed a State and built a fortune."

    And here we have an excellent example of the braindead Rmoney groupie. He applauds Rmoney for "building" companies like Staples while ignoring that Rmoney's main business was picking over the bones of other companies as a vulture capitalist. He "built" many of his companies by screwing the workers and then sticking the US taxpayers with the pension obligations. That is the sign of a predator, not an ethical businessman. He "built" his fortune by being, in essence, a parasite.

    April 15, 2012 04:49 pm at 4:49 pm |
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