Economics is supposed to be Mitt Romney’s forte. If he thinks that 500,000 jobs created a month is a normal recovery, he needs to brush up on his research.
A recovery from a recession might generate one month of 500,000 jobs created or it might not. There have only been four months since 1960 where 500,000 jobs were created. That was 1978, 1983, 1997 and May, 2010.
This recovery has already had its hypergrowth month for jobs. If there was another month of 500,000 jobs, then that would be extraordinary. Barack Obama would have to be credited for instigating a remarkable recovery if what Romney said about job growth is true.
The fact is that there is nothing remarkable about the recovery, but it is hardly as bad as Romney makes it to be. The economy is lagging and 115,000 jobs is a disappointment but Romney called these numbers “terrible.” He should tell that to the 115,000 who did get jobs. Terrible is when the numbers go south into the negatives. The economy may not be robust, but the campaign doesn’t need this kind of hyperbole.