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Campaigns square off over job creation

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    Axelrod, Romney tout economic agendas

  • Duration 2:43
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Now they have -- talking and other big talker on the Sunday shows Friday's jobs report that's -- to -- campaigns really squaring off over the issue of how to fix the economy.

The president's senior campaign advisor David Axelrod.

Defending the president's economic record saying -- alternative option Mitt Romney is not the solution.

In the six months before the president took office we lost four.

Million jobs economy was shrinking at -- point nine percent in the quarter before he.

Took office we lost 800000.

Jobs the month that he took office the whole that was created.

Is huge and we're gonna have to work very hard to fill it but in the last one in nine months we've had 29 straight months of private sector job growth four point five.

Million.

Jobs created in this last report -- 173000.

Private sector jobs.

Created.

Led by the auto industry and manufacturing.

Have that would would be in a in the and then depression.

But for the president's intervention there's something governor Romney.

Opposed -- we've got a lot of work to do that the two sectors by the way that -- work construction and education the president's been.

Urging congress since last fall to pass his bill that would that would integrate both those sectors and that would help but we have a lot of work to do and the real question for voters is going to be what -- the choice on the other side.

This week we learned the governor Romney's tax plan.

Would raise taxes for the the wealthy and I would cut taxes for the wealthy a windfall for the wealthy and raise taxes by 2000 dollars.

On the middle class that's not a prescription for getting our economy moving or rebuilding the middle.

Class.

Well Republican presidential hopeful Mitt Romney however hitting the president over job creation.

Saying that the country needs to see much higher growth to get the economy back on track.

When you come out of it as -- kind of recession we've had you should see this kind of job creation we should be -- 234000.

Jobs per month.

To -- gain much of what's been lost that's what normally happens -- recession.

But under this president we have not seen that kind of pattern -- -- to sort of bumping along.

With barely enough jobs just to hold the unemployment rate about the same above 8%.

42 months like that.

The idea of just giving more money -- government will not get our economy going you have to have that the Steve Jobs in the world.

Beginning businesses making products that want to be purchased around the world.

That gets Americans back to work it allows us to create more more jobs more jobs creates demand for workers.

While the economy created 163000.

Jobs in the month of July but unemployment while that rate rose.

From eight point 2% to eight point 3%.

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