Thursday, June 21, 2012

Romney Wants Crackdown On Job Exporters...Like That Bain Company Some Guy Founded

Records reviewed by The Washington Post show Bain Capital helped move jobs overseas.

Romney better our-source his criticism of those practices to someone not named Mitt.

During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.
While economists debate whether the massive outsourcing of American jobs over the last generation was inevitable, Romney in recent months has lamented the toll it’s taken on the U.S. economy. He has repeatedly pledged he would protect American employment by getting tough on China.

“They’ve been able to put American businesses out of business and kill American jobs,” he told workers at a Toledo fence factory in February. “If I’m president of the United States, that’s going to end.”

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