Bain Capital and Job Creation or Jobs Outsourced
Much in this political season is being made of Mitt Romney’s time at Bain Capital and his role in job creation, job destruction or job outsourcing. The Obama campaign points to jobs lost. The Romnney campaign points to jobs gained. Both are true but not very relevant to who would be the better President.
Jobs are gained in some cases. Jobs are lost in others. Jobs are outsourced in other cases. But job creation was not Mr. Romney’s job. His job was to make money for the investors in Bain which he apparently did very well.
Neither campaign makes much of a case on how this experience relates to the President’s role in the US economy. Neither campaign has much to say about his time as a governor and how that relates to what he hopes to do as President or how his experience with Bain related to what he did as governor.
It would be better for the citizens if the campaigns tried to inform us on some relevant points.