iOS app Android app More

Economists: Romney's goal of 12M jobs possible

stumbleupon: Economists: Romney's goal of 12M jobs possible   digg: US Works With Sudan Government Suspected Of Aiding Genocide   reddit: Economists: Romney's goal of 12M jobs possible   del.icio.us: Economists: Romney's goal of 12M jobs possible

MARTIN CRUTSINGER | September 7, 2012 03:11 PM EST | AP

Compare other versions »

WASHINGTON — Mitt Romney says he could create 12 million jobs in four years – an average of 250,000 a month.

Right now, that may seem wildly unrealistic, considering monthly gains this year have averaged 139,000.

But David Wyss, an economics professor at Brown University, says it's possible. And forecasting firm Moody's.com foresees 12 million more jobs from 2012 through 2016, regardless of who's president. Moody's assumes the economy will return to stronger growth.

In fact, 23 million jobs were created during President Bill Clinton's eight years in office.

Still, another recession would chill anyone's job estimates.

Ask President George W. Bush. In his first term, the economy lost 13,000 jobs. Over his full eight years – which began with one recession and ended with another – the gain was just 1.1 million jobs.