Economists: Romney's 12 Million Jobs Target Realistic, Even If He Loses

Alan Shull attends a job fair in Portland, Ore., on April 24.

Rick Bowmer/AP

As the election draws closer, the economy and jobs remain top issues in the presidential race.

President Obama points to the improvement in the labor market since he took office in the midst of a downward spiral.

Both he and Republican presidential nominee Mitt Romney have five-point plans for improving the economy, although their strategies differ.

Romney claims his leadership would greatly improve the nation's economy: "If we do those five things, our economy will come roaring back," Romney pledged at a rally in Iowa on Friday. "We will create 12 million new jobs in just four years."

It sounds like a very big number

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