Politicians love talking up job creation. Presidential candidates, especially, pretend to a Svengali-like virtuosity in producing paychecks and, if only handed the keys to the White House, creating — presto! — a bunch more.
This year, Republican Carly Fiorina, the former CEO of Hewlett-Packard, has been repeatedly attacked by Democrats, democratic socialists and her Republican opponents for firing 30,000 workers during her tenure running the company. As if she did so out of meanness.
Sunday, on Meet the Press, Chuck Todd went at her again.
“I find it very rich,” Fiorina fired back. “Barbara Boxer, Hillary Clinton, all the Democrats who are attacking me, they’ve never created a job, they’ve never saved a job, and their policies destroy jobs, including Mrs. Clinton’s latest position on Keystone Pipeline.”
Mrs. Fiorina offers context for her “failure”: “I led HP through a very difficult time. The NASDAQ dropped 80 percent. Some of our strongest competitors went out of business altogether, taking every job with them.” As she sees it, her team “saved 80,000 jobs. We went on to grow to 150,000 jobs. We quadrupled the growth rate of the company, quadrupled the cash flow of the company, tripled the rate of innovation of the company. And went from lagging behind to leading in every single product and every single market. I will run on that record all day long.”
I’m not endorsing Fiorina, either as candidate or as CEO. Just sayin’ that those attacking her on 30,000 jobs don’t know anything at all about actually creating even one real one.
This is Common Sense. I’m Paul Jacob.