Obama criticizes Bain for outsourcing • TAMPA, fla. — President Barack Obama sought to discredit rival Mitt Romney’s business background Friday, pointing to investments by Romney’s former private equity firm in companies that moved jobs to low-wage countries.
“We don’t need an outsourcing pioneer in the Oval Office,” Obama said.
Obama’s campaign has tried to undermine Romney’s case to voters that his background in business would help him jumpstart the nation’s economy.
Obama said in a campaign speech at Hillsborough Community College that his tax proposal would stop giving tax breaks to businesses that send jobs overseas and offer incentives for companies that bring jobs back to the United States. He seized on a report about investments by Romney’s firm in companies that were described as “pioneers” in outsourcing jobs to China and India.
“Pioneers! Let me tell you, Tampa, we do not need an outsourcing pioneer in the Oval Office. We need a president who will fight for American jobs and American manufacturing,” Obama said. “That’s what my plan will do.”
The Associated Press
