Mitt "I Like to Fire People" Romney has been telling anyone who'll listen that he helped create 100,000 new jobs during his tenure at Bain Capital. While it's easy to see how they arrived at that number (everyone loves a nice round number) it's hard to sift through all the B.S. to see exactly how the Romney campaign justifies it. At best, they are apparently not counting people laid off by Bain and are counting jobs added after Romney left the firm. The Wall Street Journal editorial staff, ever steadfast in its defense of the GOP, tried to justify that but according to this WaPo blog
post, Bain Capital called that analysis hooey, saying that it:
“uses a fundamentally flawed methodology that unfairly assigns responsibility to us for many events that occurred in companies when we did not own or control them, and disregards dozens of successful venture capital investments.”
They appear to be defending themselves against charges that their responsible for bad things that happen to companies after they sell them but in doing so are calling Mitt's numbers into question. Ouch.
1 comment:
Granted, Obama and Hillary had their tense primary campaign season moments. And that happens in primaries -- where people from the same party go after each other pretty hard. But the deep anti-Romney sentiment by his opponents and major figures in the GOP seems pretty unprecedented. It's incredibly nasty.
Like you guys have said in other posts -- the GOP is doing the Dem's dirty work for them to discredit Romney now. It's watching a car wreck in slo-mo.
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