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Jay Carney: Jobs lost under private equity bad, jobs lost under public equity not so bad

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By Doug Powers  •  May 30, 2012 10:08 AM

**Written by Doug Powers

Yesterday, White House Press Sec. Jay Carney was good enough to offer a nice encore to last week’s epic hem-haw. We’ll call this clip “Hem-Haw II: Green Jobs Boondoggleoo.”

The Obama campaign’s angle against Mitt Romney is to paint him as a job killer because of his time at Bain Capital. Romney’s argument is that a most of the companies Bain became involved with succeeded, but a few failed. Carney acknowledges the same thing as it pertains to the clean energy loans/grants program (though the record is far uglier). A reporter asked Carney how his argument differs from Romney’s. The shorter version of the question is “if Romney was a job killer, then isn’t Obama too?”

I think Carney’s answer had something to do with the fact that if the money lost was taxpayer cash, and the jobs lost were the result of good intentions, that’s not nearly as bad. Read between the lines and all of Carney’s answers these days are starting to sound like “can I go back to my job at Newsweek yet?”

A transcript to this clip is at the Washington Free Beacon:

Bonus video. Here’s Obama Deputy Campaign Manager Stephanie Cutter explaining that Solyndra was a “strategic investment.” Apparently Bain execs didn’t do their homework as diligently as Steven Chu. Cutter also claims that President Obama was making investments “for the country” — not all selfish and greedy like Romney did it:

Team Obama is risking a copyright infringement lawsuit from the producers of Seinfeld if they keep saying “not that there’s anything wrong with that.”

**Written by Doug Powers

Twitter @ThePowersThatBe

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