“In both the public and private sectors, Mitt Romney’s record is one of outsourcing, job losses, and massive debt. As a corporate buyout specialist, Romney loaded companies up with debt, driving several into bankruptcy while he made millions for himself, thousands of workers lost their jobs, and his companies shipped American jobs overseas. At the Olympics, Romney lobbied for billions in federal spending, which even John McCain called ‘a national disgrace.’ And as Governor, Romney outsourced jobs and cut taxes for millionaires while raising taxes and fees on the middle class and small business – driving the state down to 47th out of 50 in job creation and leaving Massachusetts first in the nation in per capita debt. Now, he’s promising to bring the same economic philosophy to the White House – Americans just can’t afford Romney Economics.”
—Lis Smith, campaign spokeswoman
Major media sources such as the Washington Post and here, The New York Times, have written extensively on Romney’s tenure at Bain Capital and ITS ties to OUTSOURCING JOBS.
On Job LOSSES:
The Los Angeles Times takes “A Look at Mitt Romney’s Job Creation Record”
On Massive Debt:
The New York Times covered how Bain Capital’s dealings netted them gains while some companies went BANKRUPT.
On the 2002 Winter Oympic Games
From Sports Illustrated: The Salt Lake City Olympics will be the most expensive Winter Games ever, costing nearly $2 billion — or $791,667 per athlete –to stage 17 days of skiing and skating. Nearly $1 of every $5 will be picked up by U.S. taxpayers.
The budget dwarfs what was spent in Lake Placid and nearly triples the cost of the much larger 1984 Summer Olympics in Los Angeles, even in inflation-adjusted dollars.
“I don’t know how they’re spending so much. It’s the Winter Games, for gosh sakes,” said Dick Pound, an influential International Olympic Committee member from Canada, who headed the IOC oversight committee for the Atlanta Olympics.
On Massachusetts Governorship:
Under Romney, Massachusetts ranked 47th in JOB CREATION. Read about it here, here, and here.
And then there’s those STUBBORN TAX RETURNS…
Any way you slice and dice it, Mitt Romney has some “SPLAININ’ TO DO!