Romney Campaign Press Release - Mitt Romney: We Can Do Better Than The President's Failed Policies

"[W]hen I'm President of the United States, that unemployment rate is going to come down, not because people are giving up and dropping out of the workforce, but because we are creating more jobs. I will create jobs and get America working again." — Mitt Romney

Remarks

Abingdon, Virginia

October 5, 2012

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MITT ROMNEY: "My priority is creating jobs. I will help small business do that with everything I can do. Now, we can do better. We don't have to stay on the path we have been on. We can do better. There was a report that just came out this morning on job creation this last month. There were fewer new jobs created this month than last month. The unemployment rate, as you know, this year has come down very, very slowly, but it has come down nonetheless. The reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. And if you just drop out of the workforce, if you just give up and say, look, I can't go back to work, I'm just going to stay home, if you just drop out altogether, why, you're no longer part of the employment statistics. So, it looks like unemployment is getting better, but the truth is if the same share of people were participating in the workforce today, as on the day the President got elected, our unemployment rate would be around 11%. That's the real reality of what's happening out there. And then, of course, even those that have jobs are having tough times. The middle class is being squeezed with higher and higher costs and with incomes that have gone down by $4,300 a family. This can't go on. I'll tell you this: when I'm President of the United States, when I'm President of the United States, that unemployment rate is going to come down, not because people are giving up and dropping out of the workforce, but because we are creating more jobs. I will create jobs and get America working again."