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**Posted by Phineas
The latest Obama campaign strategy in their relentless efforts to get people to talk about anything but Obama’s miserable record on the economy is to accuse Mitt Romney of “outsourcing” jobs (1) overseas when he ran Bain Capital. Forget the falsity of the charge, Team Obama and their allies in the media are going to play this class warfare tune over and over, hoping that it sticks with enough voters to make a difference.
The RNC is ready with an answer — “Look who’s talking.”
I’d say there’s a tremendous difference between a company making a rational economic decision (2) about where best to locate offices and hire workers, on the one hand, and a government taking billions of taxpayer dollars on the promise to create American jobs and then shipping that money overseas to create anything but American jobs, on the other. Wouldn’t you?
Obama and his people would do well to remember the old saying about people living in glass houses. If they don’t, we’ll be happy to throw the stones.
RELATED: More at Hot Air.
(1) Of course, what they really mean is “offshoring,” but it’s a bit much to expect Democrats to understand basic economics.
(2) In other words, meeting their fiduciary responsibility to their investors. How evil of them.
UPDATE: I wonder if Team Obama will criticize that noted cruel exploiter of
outsourced offshored labor… Nancy Pelosi?
According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.
“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.
(Crossposted at Public Secrets)