Economy

Bold Predictions

Mitt Romney debuted a fresh line of bull today, promising 6 percent unemployment by the year 2016. The only problem is the Congressional Budget Office has already projected a 6 percent unemployment rate by 2016 under the current administration's policies.

Mitt Romney, who often chides President Obama for presiding over unenployment rates above 8%, told TIME that he would get that number down to 6% as president.

Oddly enough, that’s almost exactly where the Congressional Budget Office predicts unemployment will be at the end of the next presidential term. While hardly the most reliable number this far out, CBO’s latest report sees unemployment dropping to the low-sixes in 2016 en route to about 5.5% unemployment by the end of 2017.

You can always count on Mitt Romney to dream big and take the first step into explored territory. To boldly go where other men have gone before.