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Romney Disputes Bain Attacks

PLAYING POLITICS

Says “outsourcing” does not equal “offshoring.”

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Mitt Romney defended his former company Bain Capital after a Washington Post report claimed that the venture-capitalist firm invested in companies that outsourced jobs. Calling the report “fundamentally flawed,” Romney insisted that the “outsourcing” does not necessarily mean that jobs were sent overseas, which is known as “offshoring.” A super PAC supporting President Obama launched an attack on Romney’s record at Bain this weekend, which features a plant employee building a stage to announce layoffs proposed by Bain who said it was like “building my own coffin.”

Read it at Politico