Mitt Romney's Second Stool Problem

Romney's second leg in his three legged stool is a strong economy. So why on earth did he say the EU added 3 million jobs in the same amount of time it took the United States to add 30 million jobs?

Romney's Economic Miracle

Former Massachusetts Gov. Mitt Romney erred when he claimed U.S. job growth had been nearly 17 times faster than that of Europe:

Romney: We are the largest economy in the world. We’ve added – during the time Europe added 3 million jobs, we’ve added about 50 million jobs in this country.

That miraculous-sounding statistic is way off. It has taken since the end of 1978 for total employment in the U.S. to grow by 50 million jobs, according to official figures kept by the Bureau of Labor Statistics. But total employment for the 15 core members of the European Union (those who joined before 2004) grew by well over 33 million between 1978 and 2005, according to the Organisation for Economic Co-operation and Development (OECD). Europe has added even more jobs since. In fact, the 27 current EU nations added nearly 3 million new jobs last year alone, according to the EU statistics agency Eurostat. That's well over the 2.3 million jobs created last year in the United States.

Romney was misquoting an outdated and highly dubious figure, which was used by an author who no longer stands behind it. Romney cited a 2005 article in The American Enterprise magazine, published by the pro-business American Enterprise Institute. In the article, titled "America Still Beckons," author Joel Kotkin wrote: "Since the 1970s America has created some 57 million new jobs, compared to just 4 million in Europe (with most of those in government)." Kotkin told FactCheck.org he wouldn’t use the figure today.

We concur. The 4 million figure is a somewhat garbled version of what another author, Karl Zinsmeister, had written in another American Enterprise article from 2002, “Old And In The Way (Decline and Fall of Europe).” Zinsmeister put the figure at 5 million – not 4 million or 3 million – and the time period as "since 1970," rather than Kotkin's "since the 1970s," which implies a somewhat more recent time. “I don't know how it got changed," Kotkin said. In any case Kotkin told us it was his sense that Zinsmeister's 5 million figure referred mainly to Germany and France, not to all 15 pre-2004 European Union members, let alone the 27 current EU members. In any case, it refers to statistics covering years prior to 2002. “This was an old number,” Kotkin said. His advice: “I would not use that.”