Another month, another dismal jobs report. Although the media tends to ignore such news, thankfully MItt Romney doesn't. In a statement released today, Romney noted that "if you look at the broader analysis of people who are out of work or have dropped out of the workforce or that are underemployed in part-time jobs needing full-time work, it's almost 15 percent of the American public."
The manufacturing reports of the last several weeks indicate that manufacturing is not growing either domestically or in our exports as we would have expected at this stage. And of course that's a long-term trend that is very disturbing and troubling. The President's policies have clearly not been successful in reigniting this economy, in putting people back to work, in opening up manufacturing plants across the country.
The heartland industries where manufacturing occurs are struggling by virtue of policies on the part of the President that have not worked. The highest corporate tax rates in the world do not create jobs; highest regulatory burdens in our nation's history--those do not create jobs; trade policies that have not opened up new markets for American goods, particularly in Latin America--those don't create new jobs; failing to effectively crack down on China for cheating and stealing American jobs--that has not helped.
The president's policies have not gotten America working again.
In a speech on the latest jobs report, Romney talked about his plan: