Obama Campaign Attacks Romney’s Bain Outsourcing, but Support for Outsourcing is Bipartisan
http://truth-out.org/news/item/9956-obama-campaign-attacks-romneys-bain-outsourcing-but-support-for-outsourcing-is-bipartisan-corruptionThe Obama campaign just released a campaign commercial talking about how Mitt Romney, while working at Bain Capital, oversaw the outsourcing of Americans jobs to China and Mexico. The ad calls Romney a "corporate raider" for his role at Bain (watch it to the left).
The media has picked up the Obama campaign's attack on Romney, amplifying its message. The overall narrative being created by the Obama campaign is clear: Romney has through his business practices support outsourcing in the past, and is likely to in the future unlike President Obama.
Unfortunately, the story is not that simple. "We should not oppose offshoring or outsourcing," said one high-ranking presidential economic adviser at a conference of companies interesting in outsourcing last summer. The adviser then went on to compare opponents of outsourcing to "luddites who took axes to machinery early in England's industrial revolution."
Those quotes do not come from a Romney adviser. They come from Larry Summers, who was President Obama's director of the White House National Economic Council. And Summers who gave the speech after he left the White House is not a lone voice among Obama officials.