Monday, January 9, 2012

Axelrod on Romney: He's Not A Job Creator, He's A Corporate Raider

By Susie Madrak:

David Axelrod appeared on ABC News “This Week with George Stephanopoulos" to defend the president's record against attacks by Republican nominees at last night's debate. First, he argues that the president has done a good job on the economy:

STEPHANOPOULOS: It is good to be back. Boy, you saw right [out] of the box, Mitt Romney last night walking that tightrope on the economy, welcoming the good news, but saying President Obama doesn't deserve any credit for it. He's made things worse. That's going to be the key debate of this campaign.
AXELROD: He ought to ask 1.5 million auto workers and people who work in the auto industry who are working today because the president intervened when Mitt Romney said we should let Detroit go bankrupt.....

[Romney] has a lot of arguments, none of them are supported by facts. If you look at the history of this, the president came to office. The quarter before he got to office, the country, the economy shrunk by 9 percent. The first month he was there, the country lost 750,000 jobs. We have had 22 months of private-sector job growth now. It's been a climb up. And there are a series of -- manufacturing up for the first time in decades....

let's talk about Bain and let's talk about what it was and what he did. His partner said in The L.A. Times, our job was not to create jobs, our job was to create wealth for our partners. And here's what they did. They closed down more than 1,000 plant stores and offices. They outsourced tens of thousands of jobs, and they took 12 companies to bankruptcy. And on those bankruptcies, he and his partners made hundreds of millions of dollars. He says this is the real economy, this is the model for the country. I don't think those are the values that people want to animate our economy. He's not a job creator, he's a corporate raider.
Those aren't the values that we want to lead our economy....

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