• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

This is the Romney Campaign Promise that Obama Upheld

By
Claire Groden
Claire Groden
Down Arrow Button Icon
By
Claire Groden
Claire Groden
Down Arrow Button Icon
December 4, 2015, 12:40 PM ET
US-VOTE-2012-DEBATE
US President Barack Obama and Republican presidential candidate Mitt Romney shake hands at the end of the third and final presidential debate October 22, 2012 at Lynn University in Boca Raton, Florida. AFP PHOTO/Mandel NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images)Photograph by Mandel Ngan—AFP/Getty Images

With the Bureau of Labor Statistics release Friday showing that the U.S. Economy gained a more-than-expected 211,000 seasonally-adjusted jobs in November, the unemployment rate held steady around 5%. That’s good news for the economy—but, as Vox points out, it’s also a particular bragging right for President Obama’s second term.

When Obama fended off a challenge from Republican Mitt Romney in 2012, Romney frequently criticized the incumbent for his handling of the economic recovery. At the time, unemployment was just over 8%, and Romney promised that he would lower that rate at or below 6% by the end of his first term.

With a year left in Obama’s presidency, he’s already there. Now, the economy just has to hold steady—even as the Federal Reserve is widely expected to raise interest rates for the first time since 2006 later this month.

About the Author
By Claire Groden
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.