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Sunday, July 15, 2012

ROMNEY AND OUTSOURCING

While I don't condemn outsourcing, since it's the job of companies to maximize profits, sending jobs overseas doesn't look so good for presidential candidates, particularly in these times of economic distress. The political battle now is focused on how much, if any, was Romney's participation in Bain's outsourcing decisions after he left Bain to run the Olympics in Salt Lake. But this an unnecessary battle. Seems to me that it is just as damning to be the owner of a company, Bain, that caused a lot of American jobs to be lost to foreign companies.

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