Tags: Romney | Bain | Capital | jobs | layoffs

Romney Stands By His Bain Capital Experience

Friday, 23 Dec 2011 02:21 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Republican presidential candidate Mitt Romney has taken some heat from Democrats for his tenure at private equity firm Bain Capital, which the former Massachusetts governor co-founded. But Romney is unbowed by the criticism.

“I know that the Democrats will try and make this a campaign about Bain Capital,” he told Time magazine. But, “25 million people are out of work because of Barack Obama. And so I’ll compare my experience in the private sector where, net-net, we created over 100,000 jobs. ... So we’ll have that debate.”

The Obama camp will undoubtedly “demonize people who work in the private sector” and criticize Romney for layoffs at companies that were part of Bain’s portfolio, he said.

“[But] if you invest, as we did, in over 100 different businesses, there’s no one in America that will have had a record where all of them were successful, where none of them shrank or where none went out of business.”




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ron Paul's Views Awkward for Son's Presidential Hopes

Tuesday, 22 Jul 2014 12:59 PM

Are the sins of a prominent politico father being visited on the political ambitions of his son?
 . . .

Poll: Kingston Leads Perdue in Georgia GOP Senate Runoff

Tuesday, 22 Jul 2014 10:09 AM

Rep. Jack Kingston is favored to beat businessman David Perdue in the GOP primary runoff election today in Georgia by a  . . .

Marco Rubio Calls Hillary '20th Century Candidate'

Tuesday, 22 Jul 2014 09:34 AM

Florida Sen. Marco Rubio has dismissed Hillary Clinton as a 20th century candidate while denouncing her policies as th . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved