Romney pledges 6 percent unemployment after saying 4 percent is too high

By David Edwards
Wednesday, May 23, 2012 16:03 EDT
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Mitt Romney speaks to "Time" magazine
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Presumptive Republican presidential nominee Mitt Romney is promising that unemployment will be at 6 percent or lower by the end of his first four years in office.

During a Wednesday interview, Time magazine’s Mark Halperin asked the candidate to be specific about how many Americans would looking for a job at the end of his first year as president.

“I can’t precisely predict what the unemployment rate will be at the end of one year,” Romney admitted. “I can tell you that over period of four years by virtue of the policies we put in place, we will get the unemployment rate down to 6 percent and perhaps a little lower.”

As the unemployment rate hit a three-year low of 8.1 percent earlier this month, the former governor blasted President Barack Obama and claimed that 4 percent should be the goal.

“Just this morning there was some news that came across the wire that said that the unemployment rate has dropped to 8.1 percent,” the former Massachusetts governor told a group of supporters in Pittsburgh. “And normally, that would be cause for celebration, but, in fact, anything over 8 percent, anything near 8 percent — anything over 4 percent is not a cause for celebration.”

Watch this video from Time, broadcast May 23, 2012.

David Edwards
David Edwards
David Edwards has served as an editor at Raw Story since 2006. His work can also be found at Crooks & Liars, and he's also been published at The BRAD BLOG. He came to Raw Story after working as a network manager for the state of North Carolina and as as engineer developing enterprise resource planning software. Follow him on Twitter at @DavidEdwards.
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