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Romney Campaign Press Release - Women Can't Afford Four More Years In The Obama Economy

September 24, 2012

"It is highly offensive that the Obama campaign believes women either haven't noticed or aren't smart enough to care about how devastating President Obama's failed economic policies have been for us. On President Obama's watch, women have lost 419,000 jobs, their poverty rate is the highest it's been in 17 years, and we shoulder $16,000 more in national debt as a result of his misguided economic policies. Worse still, all we can expect from President Obama's second term is more of the same. Clearly, women can't afford another four years like the last four years." — Andrea Saul, Romney Campaign Spokesperson

Today, Obama Deputy Campaign Manager Claimed Women Aren't "Really Concerned About What's Happened Over The Last Four Years":

Obama Deputy Campaign Manager Stephanie Cutter: "That's The Other Thing That You Find Most Often With Women: They're Not Really Concerned About What's Happened Over The Last Four Years." CUTTER: "You know, we'll continue doing what we have been doing: trying to get the president's message out on the ground. You know, whether it's in the suburban areas of Northern Virginia or Denver or Ohio to talk about what the president wants to do in the future. That's the other thing that you find most often with women: they're not really concerned about what's happened over the last four years. They really want to know what's going to happen in the next four years." (NPR's "Diane Rehm Show," 9/24/12)

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But Women Do Care About The Last Four Years — They Can't Afford Four More Years Of Fewer Jobs, Higher Poverty, And Lower Incomes:

Since President Obama Took Office, The Unemployment Rate For Women Has Increased From 7% To 7.8%. (Bureau Of Labor Statistics, 9/10/12)

•         Currently, The Nation Has Nearly 5.7 Million Women Who Are Unemployed. (Bureau Of Labor Statistics, 9/10/12)

Since President Obama Took Office, 419,000 Women Have Lost Their Jobs. (Bureau Of Labor Statistics, 9/10/12)

In 2011, The Poverty Rate Among Women Was 16.3% — The Highest Rate In 17 Years. (U.S. Census Bureau, 9/12/12)

•         More Than 25 Million Women Are Living In Poverty — An Increase Of 3.6 Million Under President Obama. (U.S. Census Bureau, 9/12/12)

From 2010 To 2011, Median Earnings For Women Declined By Nearly $1,000 — From $38,052 In 2010 To $37,118 In 2011. "The median earnings of men declined from $49,463 to $48,202, and those of women declined from $38,052 to $37,118." (U.S. Census Bureau, 9/12/12)

Gary Burtless, A Senior Fellow In Economic Studies At Brookings: "In Terms Of The Number Of Adults Who Are Still Looking For Work, Women's Situation Looks (Proportionately) A Bit Worse Than That Of Men." "'In terms of lost jobs, men suffered worse than women and have seen a bigger drop in their employment rate,' said Burtless, who contributed $750 to Obama's campaign in 2011 but also was an adviser on aspects of labor policy to the presidential campaign of Sen. John McCain (R-Ariz.). 'In terms of the number of adults who are still looking for work, women's situation looks (proportionately) a bit worse than that of men.'" (Caryn Shinske, "Caroline Casagrande Says Women Have Come Through Recession Worse Than Men," PolitiFact New Jersey, 6/4/12)

Elisabeth Jacobs, A Governance Studies Fellow At The Brookings Institution: "The Recovery Has Progressed More Slowly For Women Than For Men." "'The recovery has progressed more slowly for women than for men, and the unemployment rate for women is indeed higher today than it was when President Obama was elected president,' Jacobs said in an e-mail." (Caryn Shinske, "Caroline Casagrande Says Women Have Come Through Recession Worse Than Men," PolitiFact New Jersey, 6/4/12)

"The 'Mancession' Has Morphed Into The 'Hecovery,' Leaving Women Workers Largely In The Dust." "More jobless Americans are finding work these days, but they are mainly lucky fellas. The 'mancession' has morphed into the 'hecovery,' leaving women workers largely in the dust. The share of adult women who are employed is lower than it was two years ago, while men have seen an upturn." (Tami Luhby, "Where Have All The Women's Jobs Gone?" CNN Money, 4/20/12)

Women Have Also Faced Increasing Costs And Fewer Economic Opportunities For Their Children:

"More Adult Children Moved In With Their Parents Amid The Recent Tough Economic Times In The United States..." "More adult children moved in with their parents amid the recent tough economic times in the United States, according to a U.S. Census Bureau report released on Wednesday. The number of adult children living with parents increased 1.2 million to 15.8 million between 2007 and 2010, the Census Bureau said. Those ages 25 to 34 accounted for two thirds of the 823,000 increase in adult children living with parents during that period, according to the report." ("Adult Children Move Back Home In Tough Economy," Reuters, 6/20/12)

In 2011, More Than Half Of All Recent College Graduates Were "Jobless Or Underemployed, The Highest Share In At Least 11 Years." "About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields." (Hope Yen, "1 In 2 New Graduates Are Jobless Or Underemployed," The Associated Press, 4/22/12)

Since President Obama Took Office, The Average Cost Of College Has Increased By 25% At Four-Year Public Schools Across The Country. ("Trends In College Pricing," College Board, 2011)

The Kaiser Foundation Reported That The Average Cost Of Family Health Care Premiums Have Increased From $12,680 To $15,745 — An Average Increase Of Over $3,000 Per Family. ("Employer Health Benefits, 2012 Annual Survey, Exhibit 6.4" The Kaiser Family Foundation, 2012)

Under President Obama, Gas Prices Have Increased From $1.85 Per Gallon To 3.88 Per Gallon — An Increase Of More Than $2 Per Gallon. (U.S. Energy Information Agency, 9/24/12)

And It's Not Just This Generation Of Women That Can't Afford Four More Years Of President Obama — The Next Generation Is Being Loaded With New Debt:

Under President Obama, The National Debt Has Surpassed $16 Trillion — An Increase Of $5.4 Trillion. (Department Of The Treasury, 9/24/12)

•         Every American's Share Of The National Debt Currently Stands At Over $51,000 — An Increase Of Over $16,000 Under President Obama. (Department Of The Treasury, 9/10/12; U.S. Census Bureau, 9/10/12)

President Obama Is Responsible For "The Most Rapid Increase In The Debt Under Any U.S. President." "The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch. The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion. It's the most rapid increase in the debt under any U.S. president." (Mark Knoller, "National Debt Has Increased $4 Trillion Under Obama," CBS News, 8/22/11)

Mitt Romney, Romney Campaign Press Release - Women Can't Afford Four More Years In The Obama Economy Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/303267

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