Vice President Joe Biden lampooned Mitt Romney, calling him an expert job creator – in rival China and growing economic power India.
President Barack Obama’s re-election team pounced last week on a Washington Post report that former private equity firm Bain Capital was a pioneer of the practice of “outsourcing” US jobs to low-wage economies overseas while Romney was at its helm.
VP Joe Biden told a crowd in Waterloo, Iowa that, “You’ve got to give Mitt Romney credit.”
“He’s a job creator — in Singapore, China, India. He’s been very good at creating jobs overseas.”
Biden then quoted the Washington Post article, saying that while the practice was disruptive to members of the US workforce, outsourcing “has made US companies more nimble and profitable.”
“I simply ask you, how’s that nimble-profitable thing working for you all?” Biden asked.
“How’s that nimble and profitable thing working for those eight million Americans who are out of work… just as a consequence of this recession?”
The Washington Post first reported the story that during the nearly 15 years that Romney was actively involved in running Bain, the firm sent jobs overseas. 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. This, 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,” Romney told workers in Toledo in February. “If I’m president of the United States, that’s going to end.”
But that is not Mitt Romney’s history, as the Washington Post showed in its story.
The Obama campaign has picked up the baton and continues it attacks against Mitt Romney and his shipping of jobs overseas. The campaign has called Romney the “outsourcer-in-chief.” The Obama campaign is running the ads in President Obama’s campaign is running ads in Ohio, Virginia and Iowa. Those are states where Mitt Romney is particularly vulnerable to these types of attacks.
In the case of Ohio, Mitt Romney’s refusal to support the automobile bailout has made him an unpopular candidate because of the resurgence of the auto manufacturing industry, thanks to the bailout of the auto industry by President Obama.
In 2008, Mitt Romney wrote an op-ed piece for the New York Times titled “Let Detroit Go Bankrupt.”That piece may come back to haunt Romney and he now knows it.
Now the news about Romney being an “outsourcer-in-chief” does not bode well for the Mitt Romney campaign being competitive in Ohio. Without Ohio, Mitt Romney will have a difficult time getting elected President of the United States.
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John is the author of an award-winning book, the 2010 Winner of the USA National Best Book award for African-American studies, published by The Elevator Group Mr. and Mrs. Grassroots: How Barack Obama, Two Bookstore Owners, and 300 Volunteers did it. Also available an eBook on Amazon. John is also a member of the Society of Midland Authors and is a book reviewer of political books for the New York Journal of Books