Tuesday, August 28, 2012

Mitt Romney: You Didn't Build That — You Destroyed It

In this video from the DNC, we can see why Mitt Romney is the wrong choice for the middle class.  His business experience was not focused on job creation.

While would could say that a traditional venture capitalist helps creates jobs, Romney's company, Bain Capital was involved in another type of investment strategy.  In many cases, they invested in companies with the intent on eventually closing the operation once they had sucked as much money out for investors as possible. 

Additionally, Romney was also involved in companies that specialized in outsourcing, so instead of creating jobs he was simply shipping American jobs to cheaper labor markets abroad.

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