Romney Can't Get His Story Straight On Jobs
17 January 2012
Romney's job creating claims have been all over the place. In 1994, Mitt Romney said as a senate candidate that as CEO of Bain Capital, he created 10,000 jobs. In 2002, when running for governor, he increased this number to "tens of thousands". Last year, Romney told ABC News he had "helped fund over 100,000 jobs". Last night at the South Carolina GOP debate, Mitt Romney claimed to have created 120,000 jobs.
It's one thing to stretch the truth, but the numbers don't lie: as a corporate raider, Mitt Romney's only "success" came as a result of laying off workers and outsourcing American jobs in order to make a massive profit for him and his partners at Bain Capital. Romney's "track record" as a businessman is one of complete disregard for every day Americans working to pay bills, save money for their kids' college tuition, and retire with a 401K that's intact. After Bain Capital bought Dade Behring, the company experienced massive layoffs. Then Bain pulled their resources, and Dade Behring went into bankruptcy. What's the real story? Mitt and his friends at Bain had received an eightfold investment on the failing company. When it became too tough, they cut and run, leaving 1,900 laid off Dade Behring workers out to dry.
That's not all.
Mitt Romney often touts his record in Massachusetts as a "job creator". Under Romney, Massachussetts sunk to 47th in job creation, only increasing jobs 1% during a time where the national average was 5%. Romney promised citizens of his state that he would "use his connections a businessman to bring jobs to the state". Obviously, Romney was wrong.
Referring to jobs, Romney once said, "Sometimes the medicine is a little bitter, but it is necessary to save the life of the patient". It seems as if Mitt Romney has a long history making money off his patients, but he hasn't been doing much saving.
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