ISSUE #5 – 100,000 jobs? Really?

“[I] created over 100,000 jobs.”

- Terry McAuliffe, (Farm Team debate, April 19, 2009)

THE FACTS

According to the Washington Post, Terry McAuliffe hasn’t created any jobs in Virginia, as they noted in a front page exposé on his troubled business background:

“…McAuliffe boasted of launching five businesses in Virginia. It turned out that all five are investment partnerships, with no employees, registered to his home address in McLean.” –Washington Post, McAuliffe’s Business Background Could Prove a Liability. May 3, 2009

Here are some companies that have definitely created lots of jobs. No exaggerations or distortions.

Microsoft employs 95,029 people, worldwide. Did Terry McAuliffe really create more jobs than Bill Gates? (http://www.microsoft.com/presspass/insidefacts_ms.mspx)

IBM has 115,000 employees in the United States. Has Terry McAuliffe really created as many jobs as the inventors of the personal computer? (ftp://ftp.software.ibm.com/annualreport/2008/2008_ibm_annual.pdf, p53)

Google employs 20,164. Has Terry McAuliffe created more jobs than the most successful Internet company of the past five years? (http://www.nbcbayarea.com/news/local/Google-Earnings-Beat-Street.html)

If Terry McAuliffe’s companies were so big and so successful, how come no one has ever heard of them?