A Closer Look

Romney: a proponent of outsourcing jobs?

A conveniently timed piece on Mitt Romney in The Washington Post has given Democrats a big chance to label him as a proponent of outsourcing jobs, a line of attack that brings together the economy, a little-known career at a private-equity firm, and China.

The thrust of the Post’s reporting is that while Romney ran Bain Capital, the firm invested in companies that moved jobs from the United States to China, India and other inexpensive countries. Presumably, that type of mentality cuts against Romney’s position as a presidential candidate, which is that America is No. 1.

The Democratic Party has seized on the report. Already this week, President Obama unveiled a TV ad that called Romney a “corporate raider” who “shipped jobs to China and Mexico” while at Bain. (And, bonus, to India when he was the governor of Massachusetts.) None of the reports cited are new.

“It’s obviously going to be one of our messages against him, because he made this the centerpiece of his campaign,” Richard Trumka, the labor leader, said on a conference call with reporters. “He said that his business experience qualifies him to be president.”

via Romney Faces a Dragon in Jobs Sent to China – ABC News.

Discussion

3 thoughts on “Romney: a proponent of outsourcing jobs?

  1. Bianca's avatar

    nice blog.

    Posted by Bianca | July 13, 2012, 6:14 am

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