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Transcripts For CNNW Erin Burnett OutFront 20120803

outfront tonight, mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. written my romney s top economic advisor. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. and romney on a horse going so fast that his tie and horse tail are flying in the wind. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means, just to get to 12 million the first term, 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. there have been a few times in american history where this has happened. the chief economists of jp morgan notes it happ ....

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Transcripts For CNNW Erin Burnett OutFront 20120803

take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. the research also notes the united states has never had four straight yea ....

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Transcripts For CNNW Erin Burnett OutFront 20120802

good evening. i m erin burnett. mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tuortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or mo ....

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