Fiscal cliff notes: speak however, but wield that stick

Re the fiscal cliff: Obama has promised repeatedly, from the December 2010 press conference in which he announced his Bush-tax-cut-extension-for-payroll-tax-cut-and-unemployment-benefit-extension deal, to the present, that he would not agree to another extension of the Bush marginal rate cuts for the wealthiest 2% this time around.

He gained further leverage when the "sequestered" budget cuts triggered by the failure of the budget supercommittee last November became law -- and Republicans began screaming about the mandated defense cuts far louder than Democrats have protested the domestic cuts.  Once Obama refused to lift a finger to stop the sequester, I began to wonder whether the Budget Control Act of August 2011 wasn't a 60-yard punt.  If so, he is now taking possession.

After coming close to ratifying a truly crappy grand bargain with Boehner in July 2011, has Obama learned to use the leverage he's gathered?  Signs are that he may have. Here's what he told the Des Moines Register a couple of weeks ago:

What's Obama's peer group job creation ranking? Way better than 47th of 50

Romney's job creation record as governor of Massachusetts bears a striking -- if superficial -- resemblance to Obama's as President: a first year of job losses followed by three years of weak growth (actually, for Romney, a rather strong final year following two near-flat years).

Romney has been attacking Obama's job creation record since...forever.  You know the drill: Obama made the recession worse, Obama isn't working, nearly a million jobs lost on his watch.  This week, as the Obama team turns the tables and broadcasts that Massachusetts ranked 47th out of 50 states in job growth during Romney's tenure, the Romney camp finds an excuse: you can't blame him for first-year job losses. Of course, if you give Obama that pass, the country has gained nearly 4 million jobs on his watch.  Or, as Michael Tomasky calculated: excluding each executive's first year, and through April of their fourth year, Obama has presided over 2.35% job growth, Romney over 1.9%.

Hence, two Obama spox pounced this morning on Twitter:

Jim Messina: Romney economics: Under Romney, MA fell to 47th out of 50 on job creation. Under POTUS, we see 27 months of private-sector job growth.

Stephanie Cutter: Romney campaign undercut its entire strategy by arguing that he inherited bad economy so 1st yr shouldn't be counted.

What's needed to concentrate fire, it seems to me, is an apples-to-apples comparison to Romney's 47/50 ranking, or a reasonable facsimile thereof. In reality, any local economy in any given period is sui generis; Rick Perry is not a "better" job creator than Mitt Romney. But with Romney shamelessly manipulating the stats to attack Obama, it's fair to come up with a "peer group" for the US during Obama's term.  And what could be fairer than the OECD, which includes Korea, unemployment rate 3.7% at present, and Japan, clocking in at  4.5%?  So let's have a look.