outsourcing

What a president believes matters.

Mitt Romney's companies were pioneers in outsourcing US jobs to low-wage countries. He supports tax breaks for companies that ship jobs overseas.

President Obama believes in insourcing.

He fought to save the US auto industry, and favors tax cuts for companies that bring jobs home.

Outsourcing versus insourcing. It matters.

Vice President Joe Biden gave a speech at the Grand River Convention Center in Dubuque, Iowa today. He was continuing his Strengthening the Middle Class Tour by highlighting President Obama's ongoing efforts to increase middle-class security for Iowa's families. He contrasted these efforts with Mitt Romney's history of shipping American jobs overseas.

Vice President Joe Biden was in Iowa today launching the Strengthening the Middle Class Tour. He talked about President Obama's commitment to bolstering middle-class security for Iowa families and Mitt Romney's history of shipping American jobs overseas.

"President Romney's first 100 Days...creating thousands of new jobs for Virginians." But would he? The Washington Post has just revealed that Romney's companies were pioneers in shipping US jobs overseas.

"President Romney's first 100 Days. For the people of Iowa, they mean fewer worries about their future." Fewer Worries? The Washington Post has just revealed that Romney's companies were pioneers in shipping US jobs overseas.

"Day One. President Romney stands up to China." But would he? The Washington Post has just revealed that Romney's companies were pioneers in shipping US jobs overseas. Investing in firms that 'specialized in relocating jobs done by American workers to new facilities in low-wage countries like China.' Romney's never stood up to China. All he's ever done is send them our jobs.

According to a June 21, 2012 Washington Post article: "Bain...owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories...specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India."

President Obama's full remarks from Hillsborough Community College in Tampa, Florida

     THE PRESIDENT:  Oh, it is good to be back in Tampa, Florida! (Applause.)  I was so fired up I missed a stair.  (Laughter.)  I couldn't wait to get out here.  (Applause.)  Well, how is everybody doing today?  (Applause.)

"We can reform our tax code in a way that is fair and responsible. Which by the way means let's stop giving tax breaks to businesses that ship jobs and factories overseas let's reward companies that create jobs and manufacturing right here in the United States of America.

Running for Governor, Mitt Romney campaigned as a job creator. "I know how jobs are created."

But as a corporate raider he shipped jobs to China and Mexico.

As Governor, he did the same thing. Outsourcing state jobs to India. Now, he's making the exact same pitch. "I know why jobs come and why they go."

Outsourcing jobs. Romney economics: It didn't work then and it won't work now.