President Barack Obama’s re-election campaign is back on the airwaves today with a two-minute television ad attacking Republican presidential candidate Mitt Romney’s record running the private equity firm Bain Capital.
The spot features former employees of Kansas City steel company GST Steel, which was bought by Bain Capital then shut down after more than 100 years in business. The ad, which is running in Virginia and select battleground states, also directs viewers to a website with more criticism on Romney’s private sector record. It’s all part of an effort to paint Romney as someone who was interested in generating profits for wealthy investors and not in building businesses or creating jobs.
Romney’s campaign hit back equally hard this morning, noting that Romney had left his day-to-day responsibilities at Bain two years before the GST bankruptcy and layoffs occurred. Romney spokeswoman Amanda Henneberg said the Republican’s camp is eager to take on Obama on economic issues.
“We welcome the Obama campaign’s attempt to pivot back to jobs and a discussion of their failed record,” Henneberg said. “Mitt Romney helped create more jobs in his private sector experience and more jobs as Governor of Massachusetts than President Obama has for the entire nation.
“President Obama has many questions to answer as to why his administration used the stimulus to reward wealthy campaign donors with taxpayer money for bad ideas like Solyndra, but 23 million Americans are still struggling to find jobs. If the Obama administration was less concerned about pleasing their wealthy donors and more concerned about creating jobs, America would be much better off. ”
– Michael Sluss