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Wednesday, July 20, 2011

Bloomberg: Romney's Job Creation Record



July 20 (Bloomberg) -- Republican presidential candidate Mitt Romney’s campaign often promotes his record creating jobs, including his role in taking Staples Inc. from a start-up to the world’s largest office-supply retailer. 


What Romney doesn't detail is his experience in eliminating jobs when he was head of private equity firm Bain Capital LLC. Erik Schatzker reports in today's Movers and Shakers on Bloomberg Television's "InsideTrack." 


The Jon Huntsman campaign also pointed out that Romney's record as governor of the Bay State is circumspect for job creation. 


Massachusetts was 47th in the nation for job creation when Romney was the governor. 


Republicans are better known for increases in productivity that includes downsizing and offshoring of jobs. 


Source: Bloomberg

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