Claim: A Romney ad strains the facts when it suggests the Obama administration's refusal to "stand up to China" and label it a currency manipulator has cost the U.S. 2 million jobs. The jobs figure is unrelated to currency manipulation. It is an International Trade Commission estimate of jobs that could be created if China enforced U.S. intellectual property rights. Actually, intellectual property rights are a high priority of the Obama administration, and in 2010 it won what it called "significant intellectual property rights enforcement initiatives"
Fact-check: Romney Ad on China Mangles Facts  - FactCheck.org
Verdict: a romney ad strains the facts when it suggests the obama administration's refusal to "stand up to china" and label it a currency manipulator has cost the u.s. 2 million jobs. the jobs figure is unrelated to currency manipulation. it is an international trade commission estimate of jobs that could be created if china enforced u.s. intellectual property rights. actually, intellectual property rights are a high priority of the obama administration, and in 2010 it won what it called "significant intellectual property rights enforcement initiatives"
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2012-09-25T19:21:13