I’d focus instead on Romney’s comment that “We have seen the most anti-investment, antigrowth, antijob strategy in America since Jimmy Carter. The result has been it’s harder and harder for people to find work.” By any measure, this is absurd. Taxes are at a 50-year low. The Dow has staged a roaring recovery. Business profits are near record levels. And the economy has gone from losing 780,000 jobs a month to gaining about 160,000 jobs a month. That is to say, it’s getting easier and easier for people to find work, even if it’s not nearly easy enough.
I don’t mind bad jokes. What I mind is bad economic analysis.