Romney the Outsourcer/Offshorer and Corporate raider meme

Me too. Did Bain Capital not ever close down a company and lay people off?

True, but humans are highly heterogeneous. Some humans’ emotions will run counter to reality, some humans emotions will not, and they will accordingly be better or worse of for it. Governments on the other hand are far fewer, far less heterogeneous, and missteps affect their constituents more or less equally, regardless of whether their individual behaviour merits it or not. Anyway. This time I really am going. Really :slight_smile:
p.s not running away from the conversation though. New thread is called for, is all.

There are two discussions going on here. One is the politics, and one is the economics. I’ve already agreed that Obama is playing good politics. That was not what the post you quoted was about, though. Bashing outsourcing is popular, and it probably works.

How about if by outsourcing some jobs for a particular company one is able to keep the company operating and saving jobs here in the U.S.? Would the person who did that be PRO America?

Sure, play to the dumbasses. There’s nothing inherently wrong with outsourcing. You might as well say that buying a back-ho is bad because, well, without it, you’d need eight guys to dig that foundation, not just the one operator.

What’s a back-ho? The $20 kind?

And have the CEO’s salary be taxed by INdia and spent in the Indian economy and not our own? Brilliant!

:).

Here: e

To return to the original question: Yes, it will be one of the things that kills the Romney campaign.

The Obama campaign is systematically undermining all of Romney’s potential lines of attack. Romney can’t talk about his experience as governor without bringing up uncomfortable comparisons with Obamacare. He can’t do a good job of criticizing Obamacare for the same reason. He can’t talk about unemployment now that’s got a reputation as a job destroyer. He can’t talk about his competence as a business leader without reminding people of every jerk boss they ever worked for. He can’t talk about patriotism without people remembering that he has Swiss bank accounts and overseas investments. He can’t talk about being a tough commander in chief without reminding everyone who got Bin Laden.

The campaign hasn’t even gotten started in earnest and Obama already has Romney almost completely defanged. If the GOP hadn’t spent the last four years sandbagging the economy, we’d be looking at 1984-sized blow-out.

You could say the same thing about every job that gets offshored to another country; it’s not just an argument against offshoring executive jobs.

But…um…what about…

ahhh nevermind.

No. If the guy can’t think of a way to save those jobs for America how the hell is he going to run a country?

This is why maybe businessmen shouldn’t be in politics…much like people think teachers shouldn’t be on school boards.

Is calling this a ‘meme’ your cute way of suggesting that Romney is none of those things without actually coming out and saying it? Sort of how like talk-show radio hosts call their bloviation ‘satire’ so they don’t have to defend it as a fact?

Didn’t read the article linked in the op, ehe? That’s ok man…no one else did either. :wink:

-XT

Foolish is the man who falls for the hypes.
Romney does plan to increase the job market by reducing regulations on businesses, and possibly lowering the minimum wage. But rest assured jobs will increase.

Yes, of course they will. Perhaps there will be a lot of jobs cleaning up the skittles that fall out of the behinds of all the free ponies that everyone will be getting.

The whole idea of regulation and job creation is certainly a complicated topic, but there is no way that Romney either will or can reduce the minimum wage.

Did you? Perhaps you could summarize the main points that led you to share it with us in support of your argument that this is a bs meme.

What I noticed is that they are relying on the Romney camps say so about when he stepped down at Bain. This has been called into question via documnets relating to the medical waste disposal story. FactChsck poses the argument that he wouldn’t lie about this.

So, I find your link dubious. Is that all you’ve got?

The article’s BS in a number of ways. For one, I’ll point out that part of the article depended on the lame assertion that Romney was not a “corporate raider” according to the strict definition, that his takeovers were not hostile to management (let’s not mention the workers). For another, it depends on the fact that Romney’s tenure at Bain was not concurrent with some of these practices (let’s not mention that he’s aware of these practices and endorses them by simply actively associating with Bain).

No, let’s play cute word games and call it a ‘meme’, that way we don’t have to talk about the substance. By the way, you may want to look into what a meme really is. Contrast with ‘theme’. If you’re tempted to respond by posting a dictionary definition complete with diacritical marks, Just. Don’t.

I think we have to ask ourselves if we want to engage in a race to the bottom. Sure, you can build widgets cheaper if you build them overseas. But does that mean that every domestic widget-maker has to lose his job? Look at that steel company that Bain took over. It was making a profit, people had good paying jobs, they spent their wages locally and propped up a lot of local businesses. But a small profit for the owners is not good enough, they had to gut the company, pillage the assets, steal the pension fund, and throw everybody out of work. Why does profit have to be maximized? Why can’t a corporate CEO say “we’re making money and providing jobs. Let’s keep the jobs here and keep the profit margins that we have.”

Yes, we like to buy cheap stuff. Just like we’ll flock to WalMart instead of patronizing that corner store that they put out of business. Do we want a president who wants to turn the US into India and eliminate the middle class? Do we want a guy who stole from the pensions of the little guy in order to build himself a car elevator? Just because you call something a “meme” doesn’t mean it isn’t true. A lot of people lost their jobs and their pensions because of Bain.