Source: Paul Krugman
Even regular reporters noticed that the factory in question closed under, yes, George W. Bush — a fact Romney failed to mention, although his campaign scrambled to cover for him afterwards.
What I didn’t see mentioned was the point that this was a drywall factory — that is, a supplier of a product largely used in home construction. It’s one thing to say that Obama should have revived the economy as a whole; it’s another to say that he should have brought back the housing bubble!
Finally, why should we believe that Romney’s policies — basically tax cuts for the rich, as usual — would yield great economic results? Well, I guess you can point to Bush’s example; how did his administration at this point compare with Obama? From BLS data:
You can offer various excuses for Bush’s record, I guess. But on the face of it, what possible reason is there to think that Bush-like policies would be an improvement?