Presumptive Republican presidential nominee Mitt Romney campaigned with Ohio Gov. John Kasich (R), who presides over one of the least job-creating states in America, today at Otterbein College — a school that benefited from the passage of the 2009 American Recovery and Reinvestment Act, commonly known as the stimulus.
Otterbein received a grant worth more than $80,000 for a federal work-study program in July 2009. Ignoring that fact, though, Romney proceeded to attack the stimulus in his speech to students:
ROMNEY: Then there was the stimulus itself. $787 billion of borrowing. It could have been entirely focused on getting getting the private sector to buy capital equipment, for instance. That puts people to work. Or to hire people. Instead, it primary protected people in the governmental sector, which is probably the sector that should have been shrinking.
Romney also mixed up the facts about the stimulus. In calling the stimulus a hand out for government programs (which he said “probably should have been shrinking”), Romney ignores that the last three years were the worst on record for government job losses. In calling the stimulus a failure, he ignores its obvious successes: It saved or created millions of jobs, turned around economic growth, and pulled the American economy away from the precipice of collapse.