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Mitt Romney, Job Killer

Tue, 01/10/2012 - 19:50 — Dave Culver
Section(s): 
Business
Economics

  • The Romney Record at Bain: Bankruptcies, Bailouts, & Mass Layoffs
  • Paul Krugman | Bain, Barack and Jobs
  • Is Rick Santorum for Apartheid or Ethnic Cleansing or What?

Progress Report, ThinkProgress

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Mitt Romney’s pitch is that he’s a “businessman” who understands the “real economy,” in contrast to President Obama who Romney says “doesn’t understand how the economy works.” During a presidential debate in November, Romney reminded the audience of the source of his “real economy” experience: “I worked at one company, Bain, for 25 years.” That quote has now been replayed thousands of times in Romney television ads in Iowa, New Hampshire, and Florida and has been viewed more than 168,000 times on YouTube.

Here’s how the Los Angeles (CA) Times described Romney’s tenure as CEO of Bain Capital:

"Romney and his team also maximized returns by firing workers, seeking government subsidies, and flipping companies quickly for large profits. Sometimes Bain investors gained even when companies slid into bankruptcy."

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Related:

Paul Krugman | Bain, Barack and Jobs, Paul Krugman,  New York (NY) Times
America's recovery from recession has been so slow that it mostly doesn't seem like a recovery at all, especially on the jobs front. So, in a better world, President Obama would face a challenger offering a serious critique of his job-creation policies, and proposing a serious alternative. Instead, he'll almost surely face Mitt Romney.

Is Rick Santorum for Apartheid or Ethnic Cleansing or What? Robert Wright, Atlantic

  • So which is it? Is Rick Santorum in favor of apartheid or ethnic cleansing or the left-wing variant of the one-state solution, in which Palestinians are given the vote? Or is there a fourth alternative I haven't thought of?
  • Republican Attacks Have Racist Undertones
     

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