facebooktwitterRSS
- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up
- Advertisement -
 

« News Home

Obama targets Romney on jobs



Published: Tue, May 15, 2012 @ 12:00 a.m.

Associated Press

WASHINGTON

President Barack Obama tried Monday to tarnish Mitt Romney as a corporate titan who got rich by cutting rather than creating jobs, opening a new effort to undercut the Republican’s claims that his background of business success is just what America needs in a time of deep economic uncertainty.

At the center of the Obama campaign effort are a new website, TV ad and online video including interviews with onetime workers at a Kansas City, Mo., steel mill that Romney’s former private-equity firm failed to successfully restructure. Workers lost jobs and health-care benefits. Pensions were reduced.

“It was like a vampire. They came in and sucked the life out of us,” says steel worker Jack Cobb. Adds John Wiseman: “Bain Capital walked away with a lot of money that they made off this plant. We view Mitt Romney as a job destroyer.”

Countering the criticism, Romney’s campaign said the former Massachusetts governor welcomes an election-season conversation with Obama about jobs. Romney’s campaign has argued that he helped spur tens of thousands of jobs in the public and private sectors and pointed to a net job loss during Obama’s presidency, most of which occurred during the first few months of his administration. Obama has touted the creation of 4.2 million new jobs over the past 26 months as his policies took hold.

Both candidates are seeking to pivot to voters’ No. 1 issue, the economy, and away from the social issues that dominated after the president announced his support for gay marriage last week.

Obama steered clear of criticizing Romney during a commencement speech at Barnard College in New York, though he included a passing reference to nearby Wall Street, saying: “Some folks in the financial world have not exactly been model corporate citizens.” He left the more-direct skewering to surrogates and dispatched Vice President Joe Biden to Ohio to castigate Romney over his record at Bain. That was one of several events planned to highlight the Republican’s role in the company he founded.

Romney, meanwhile, prepared to deliver a speech today in Iowa on reducing the huge federal debt.


Comments

1redeye1(4714 comments)posted 2 years, 7 months ago

This guy can't see the forest for the trees,. How many jobs has he caused people to lose . Let' s start with all the car dealerships he forced to close. There were many more jobs lost at those places, then at the steel mill

Suggest removal:

2markiemark(11 comments)posted 2 years, 7 months ago

romney was the textbook corporate raider of the 1980's....he bought companies..fired the workers...stole the pension monies...and sold of the pieces..his staff is now scrambling to adjust the number of jobs downward that bain capital created....they know obama has the real data and its going to be launched....romney is the guy who cost your father or relative his job in the 1980's corporate raider phenom...greed is good...spawned from the raygun era...

Suggest removal:

3markiemark(11 comments)posted 2 years, 7 months ago

romney was the textbook corporate raider of the 1980's....he bought companies..fired the workers...stole the pension monies...and sold of the pieces..his staff is now scrambling to adjust the number of jobs downward that bain capital created....

Suggest removal:

4AnotherAverageCitizen(1175 comments)posted 2 years, 7 months ago

Redeye.

You're plan would have closed EVERY GM dealership. But you still throw stones at Obama for closing some dealerships.

You're plan would have closed Lordstown. Obama's plan has Lordstown thriving.

Suggest removal:

5redeye1(4714 comments)posted 2 years, 7 months ago

AAC

I guess you liberal souls forget that Pres. Bush started the bail-out with a loan to both of the corps. But, as I have said before I'm tired of these corps. hiring inept mgmt. who screw up and wait for the country to help them I have also said I didn't like bail-outs, I don't care who does it the Dems 0r the Reps. Its time that these corps either succeed or fail n their own. Beside with the bail outs, we helped keep corps outside of this country in business. If you look at the contents of the Chevy Cruze most of it it made in foreign countries. If they had to close , so be it.

Suggest removal:


News
Opinion
Entertainment
Sports
Marketplace
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2014 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes