Obama: Outsourcing is part of Romney's 'economic vision'
Speaking in Boston today, President Obama criticized Mitt Romney's economic plan, saying outsourcing is part of the former Massachusetts Governor's record. Romney's spokespeople say the president is attempting to divert attention from his own record.
AP Photo/Carolyn Kaster
President Barack Obama, campaigning in Mitt Romney's backyard, criticized his Republican rival anew Monday for what his re-election campaign says is a record of shipping American jobs overseas.
"Gov. Romney's commitment to outsourcing is not just part of his record, it's part of his overall economic vision that he and Republicans in Congress want to implement if they win this election," Obama said.
The Obama campaign has seized on reports that the private equity firm Romney once ran made investments in companies that were described as "pioneers" in outsourcing jobs to China and India. The Romney campaign says the reports do not differentiate between "domestic outsourcing" and "offshoring" and don't take into account work done overseas to support U.S. exports.
During a campaign event in New Hampshire, Obama said that explanation would do little to satisfy workers who have had their jobs moved overseas.
"You don't need someone trying to explain to you the difference between outsourcing and offshoring," he said. "You need someone who's going to wake up every single day and fight for American jobs and investments here in the United States."