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President Obama Holds A Town Hall: Mitt Romney's Economic Plan

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President Obama held a town hall meeting in Cincinnati where he highlighted a new report that estimates Mitt Romney's economic plan would create 800,000 jobs in other countries, including 73,000 jobs in China. These jobs are likely to come at the expense of American workers, in cities like Cincinnati.

"Two Plans"

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The choice on taxes.

Mitt Romney's plan: A twenty five percent tax cut for millionaires, tax breaks for oil companies and corporations that ship jobs overseas, but a tax hike for 18 million working families.

President Obama's plan: ask the wealthy to pay a little more so the middle class pays less, eliminate oil subsidies and tax breaks for companies that outsource."

Two plans. Your choice.

"The Problem"

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Mitt Romney, 10/11/2011: "The Chinese are smiling all the way to the bank ... taking our jobs and taking a lot of our future. And I am not willing to let that happen."

He made a fortune letting it happen. Newly published documents show Mitt Romney's firms were 'pioneers' at 'helping companies outsource their manufacturing' to countries including China.

Bragging they were 'A one-stop shop for their outsource requirements.'

Mitt Romney's not the solution. He's the problem.

Believes

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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.

Revealed - VA

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"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.

Revealed - IA

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"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.

Revealed - OH

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"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.

America Doesn't Need an Outsourcing Pioneer in the Oval Office

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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."