Saturday, January 14, 2012

Obama Re-Election Campaign Accuses Romney of Being a ‘Corporate Raider’ and Exploiting the Middle Class

Posted on The Blaze, January 14, 2012
The Obama re-election campaign has attacked Mitt Romney’s oft-touted business record, thereby adding to the growing chorus of seemingly anti-business rhetoric aimed at the former Massachusetts governor.

President Obama’s re-election campaign sent out a memo on Friday accusing Mitt Romney of “destroying companies and good-paying jobs in order to reap huge profits,” according to Jamie Dupree of The Atlanta Journal-Constitution.

These are some excerpts from the memo:

… Romney’s objective in business was never job creation.

…Romney closed over a thousand plants, stores and offices, and cut employee wages, benefits and pensions. He laid off American workers and outsourced their jobs to other countries. And he and his partners made hundreds of millions of dollars while taking companies to bankruptcy.

Although some of the businesses in which he took a stake undoubtedly added jobs, neither Romney’s campaign nor any independent fact checker has supported his claim of producing a net increase of 100,000 American jobs – or even anything close to it.



Armed with the facts, the American people will determine whether Mitt Romney’s track record shows he believes our prosperity will come from an economy where the wealthy and powerful can rig the game at the expense of working Americans, or every American who works hard and acts responsibly will have a fair shot at success. Voters can judge for themselves whether his vision for the future is based on outsourcing and bubble economies that enrich speculators and corporate raiders, or an economy built to last in which the productivity of our workers is rewarded.

CONTINUED:
http://www.theblaze.com/stories/it-begins-obama-re-election-campaign-accuses-romney-of-exploiting-the-middle-class-as-a-corporate-raider/

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