Fact Check: Obama’s jobs stat

President Obama in his opening statement repeated a number of claims that the Fact Checker have found dubious in the past.

He claimed 5 million jobs have been created in the private sector in the past 30 months; that statistic tries to obscure the fact that the overall job record so far in this presidential term has been negative. He also said that he would use the savings from winding down the wars to rebuild the United States, but that money would be borrowed, thus adding to the deficit.

The president also suggested that Romney would adopt the same policies as the Bush administration --cut taxes and roll back regulation--that led to the economic crisis, which is a claim that earned him Three Pinocchios this week. 

Glenn Kessler has reported on domestic and foreign policy for more than three decades. He would like your help in keeping an eye on public figures. Send him statements to fact check by emailing him, tweeting at him, or sending him a message on Facebook.
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