Romney Adviser & Former Obama Car Czar Weigh in on the Economy

Senior Adviser to Mitt Romney Ed Gillespie and former Obama Administration Car Czar Steven Rattner joined “Fox News Sunday” to discuss Friday’s worse than expected jobs numbers and to argue for their candidate’s plan to right the economic ship.

On Friday the unemployment rate rose to 8.2% as the economy added just 69,000 jobs, far below the number that was anticipated.

Gillespie put the blame on the current president and his policies. He said that President Obama’s, “policies are hostile to job creators. He then added, “The only thing that's going to change it are changing the policies and that means changing the person in the White House.”

Steven Rattner, who was the president’s lead adviser on the bailout of the US auto industry, came to the defense of the policies set in place by the current administration. He explained, “President Obama arrived to find 700,000 jobs a month being lost in this country… We've added jobs every single month since then. Nobody is happy with the rate of job creation today. I believe that without the policies that the president put in place, we would not even have this level of job creation.”

Much has been made of the Obama campaign’s decision to go after Mitt Romney’s record in private equity. Rattner, who has quite an extensive Wall Street resume, commended Romney’s record, but vigorously offended the president’s qualifications. He explained, “I would say three years in the trenches, fighting this economic war every single day, dealing with economic policy matters, auto rescues, bank rescues, every single day for three years actually gives you more qualifications to be president.”

He said “Decades in the private sector give you an insight into all of the things that you speak about. But when Romney turns around and attacks the president's qualifications. I would say three years in the trenches, fighting this economic war every single day, dealing with economic policy matters, auto rescues, bank rescues, every single day for three years actually gives you more qualifications to be president.

Gillespie, who’s also served as Chairman of the Republican National Committee, was asked about Tuesday’s important recall election in Wisconsin. On whether a win for current Governor Scott Walker could be seen as a harbinger of the state going red come November, Gillespie replied, “I don't know at the end of the day how much that's going to factor to November but it does reflect what has been a trend in Wisconsin… and all across the Great Lakes where it is moving away from liberal Democratic policies and for more reform-oriented Republican policies.”