Romney on Obama's 'promise' to bring down unemployment:
Romney’s claim that Obama promised to bring unemployment down to 5.4 percent by the fall of 2012 stretches the truth. “The president said by now we would be at 5.4 percent unemployment,” Romney said. Romney gets the number from a 2009 report from the White House Council of Economic Advisers, which forecast that unemployment would drop to 5.4 percent by the third quarter of 2012 if the stimulus package were passed, Factcheck.org has reported. The president himself never made this claim. And the report itself “was highly speculative,” Factcheck reports. It was a forecast, not a promise, and it underestimated the size of the hole in the economy.
Obama on Romney's record on job creation:
The Obama campaign has frequently rolled out the statistic that Massachusetts ranked 47th out of 50 states in job creation under Romney’s watch. Obama mangled the talking point slightly in the debate, saying, “In Massachusetts, small-business development ranked about 48th out of 50 states” under Romney. Obama’s debate-night claim appeared to confuse employment statistics with small-business development. Under Romney, Massachusetts did indeed rank 47th out of 50 states in job growth, according to Politifact. But Romney inherited a poor jobs picture, and job growth occurred under his tenure. And in any case, there’s not a whole lot that state governors can do to change the overall economic picture, Politifact has noted, which means it’s hard to pin all the blame for Massachusetts’ jobs numbers on Romney.
Obama on military spending:
Obama accurately said that the United States spends more on defense than any other nation. According to the Stockholm International Peace Research Institute Yearbook 2012, U.S. defense spending dwarfs that of the rest of the world, including four of the top five largest military spenders: China, Russia, the United Kingdom, and France. Obama also added accurately that spending has gone up every year since he has been in office. But U.S. defense spending has surged in all the years since 9/11, and spending itself isn’t necessarily an indicator of effectiveness.
Romney on Obama's 'apology tour':
Romney’s well-worn accusation that Obama began his presidency with an “apology tour” won a “Pants-on-fire” rating from Politifact. The definition of apology is somewhat subjective. For example, in a 2009 speech in France, Obama said, “There have been times where America has shown arrogance and been dismissive, even derisive.” But Politifact asserts that while Obama criticized some U.S. actions, he “did not offer one apology.” That verdict was echoed by FactCheck.org and The Washington Post’s Fact Checker.
Romney on Obama saying he would meet with 'world's worst actors':
Romney revived a 2008 criticism of Obama when he accused Obama of saying “he would meet with all the world's worst actors in his first year,” including Iran’s President Mahmoud Ahmadinejad. During the summer of 2007, then-Sen. Obama was asked at a CNN/YouTube debate if he would be willing to meet “without precondition” the leaders of “Iran, Syria, Venezuela, Cuba, and North Korea.” Obama responded: “I would. And the reason is this, that the notion that somehow not talking to countries is punishment to them--which has been the guiding diplomatic principle of this administration--is ridiculous." The 2008 Republican nominee, Sen. John McCain, slammed Obama over the remark later in the campaign.
Obama on Romney's statements on auto industry:
Obama accused Romney of wanting to “liquidate” the auto industry. Obama has repeatedly said Romney would have “let Detroit go bankrupt” when the auto companies were in crisis in 2009. Politifact has rated this claim as half-true. It’s a matter of nuance: In a 2008 New York Times op-ed, “Let Detroit Go Bankrupt” (a headline he did not write), Romney suggested a “managed bankruptcy” for the auto industry. He emphasized in TV interviews that he was not advocating liquidation and that he was opposing government bailouts with no strings attached. He did not define “managed bankruptcy” in the op-ed, but he listed a string of desired outcomes, including new labor agreements, new management, and an end to such executive perks as corporate jets. Most of Romney’s desired outcomes did eventually occur, which may have led him to suggest in the last debate that Obama essentially did what he would have done.
Obama on Romney helping to outsource jobs:
The Obama campaign’s perennial claim that Romney helped other companies outsource jobs has been questioned by independent fact checkers. While the private-equity company Romney founded, Bain Capital, did invest in companies that helped other companies outsource jobs, many examples of outsourcing that the Obama campaign has linked to Romney took place while Romney was on leave and running the Salt Lake City Olympics, according to FactCheck.org Director Brooks Jackson. Romney may have remained the titular head of Bain during that period, but there’s little evidence that he was actively involved in management decisions, Jackson said.
Obama on doubling of U.S. exports to China:
Obama was slightly off when he said that exports to China have doubled since he came into office. U.S. exports to China last year rose above $100 billion for the first time, according to a report by the U.S. China Business Council. The report also shows that total U.S. exports to China rose to $103.9 billion in 2011 from $16.2 billion in 2000, making China the third-largest U.S. export market. Ten states have at least doubled their exports to China since 2009. Three of those states--South Carolina, South Dakota, and Vermont--have more than tripled their exports to China in the past two years. But the U.S. as a whole has not yet doubled its exports to the country. In 2009, U.S. exports to China were at $69.5 billion. In 2011, U.S. exports to China were at $103.9 billion.
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