Holtz-Eakin: Romney’s Four Percent Unemployment Target Is Unrealistic

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A leading conservative economist took issue with Mitt Romney’s claim that, “anything over four percent [unemployment] is nothing to celebrate,” 

“I understand the desire for low unemployment and the current 8.1 is unacceptable,” Douglas Holtz-Eakin, president of the American Action Forum told TPM via email Friday afternoon. “But 4% is not a realistic target.”

Romney’s comments, directed at President Obama, came in the context of a disappointing Labor Department employment report, which suggests the economy isn’t experiencing a robust recovery. 

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