Or idiots and economic ignoramuses. Watch that video and tell me what is wrong with what Mitt says there. Do you dislike being able to fire people who take your money but don't serve you adequately?
NASHUA, N.H. —
Mitt Romney's Republican rivals accused him Monday of exaggerating his successes and coldly laying off thousands of workers while heading a profitable venture capital firm, an effort to turn the presidential front-runner's biggest asset into a liability.The heightened focus on the firm Bain Capital threatens to slow Romney's cruise-control campaign because it goes to the heart of his No. 1 appeal to voters: the claim that he knows far more than President Barack Obama about creating jobs.
Romney's takeover-and-restructuring firm "apparently looted the companies, left people unemployed and walked off with millions of dollars," former House Speaker Newt Gingrich said on NBC's "Today" show. A group friendly to Gingrich is preparing to air TV ads of laid-off workers denouncing Romney.
Texas Gov. Rick Perry joined in. He cited South Carolina companies that Bain bought and downsized, and he practically dared Romney to ask for voters' support there in the name of easing economic pain. "He caused it," Perry said in Anderson, S.C.
Romney points to thousands of jobs created at companies that Bain bought, invested in or restructured. But he struck a discordant note Monday, just as attention to the Bain jobs history was spiking.
Speaking of insurance options before a New Hampshire audience, Romney said, "I like being able to fire people who provide services to me."
He remained favored to win Tuesday's New Hampshire primary. But his rivals might improve their hopes of halting his momentum in South Carolina's Jan. 21 primary if they can persuade voters that his jobs legacy is not what he claims.
Thanks to millions of dollars from a Las Vegas casino owner who supports Gingrich, TV ads in South Carolina will try to do just that. Like many attack ads they are emotional, one-sided and not subtle. They show angry victims of layoffs from Bain-controlled companies, according to excerpts shown to reporters.
"We had to load up the U-Haul because we done lost our home," a woman says.