Debate over outsourcing and the 2012 race
All-Star panel weighs in
- Duration 6:11
- Date Jul 10, 2012
All-Star panel weighs in
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And have experience owning companies -- call pioneers in the business about.
Source -- this president has been.
Outsourcing a good deal of American jobs himself.
But putting money into an energy company solar and wind energy companies and end up making their products outside the United States.
The issue of.
Outsourcing how does -- play on the campaign trail the Obama campaign has been going forward with the Washington Post report that's -- Mitt Romney was the king about -- at.
Bain Capital independent fact checkers a question that report now there's another Washington Post report.
That the Romney campaign is -- Which just says that liberal groups are upset that the president has -- jobs go out to China what about this we're back with the panel.
-- how is this playing I mean.
Isn't like that that I think that the charge against Romney that he was kind of heartless corporate executive the ship jobs overseas which is part of that's the whole -- they wanna put on him.
Has been having some limited effect in the battleground states where they've been heavily advertising with that attack.
Now but it hasn't moved the numbers very much from he's come back now to say will you're your -- so are you.
I think this whole discussion about outsourcing is completely confused and disingenuous first of all if you believe in free trade jobs are gonna be outsourced the low end jobs are gonna go somewhere also supposedly we can make higher and jobs -- more efficient use of corporate resources.
So firm for Romney to say he's against outsourcing outsourcing is is what corporations do to become more efficient and profitable.
-- he is running.
Hasn't that what with a very hard line on China which is accused of the president being too soft on -- the president came out for help.
Came out with his own hard line.
And you know I think neither of them are talking about whether they think outsourcing is good or bad I guess they're they're a bit where we should assume that all outsourcing is.
Is that according to these two guys but -- it I think it it's not going to be an important issue.
It's a symbol.
And how the economy is doing is gonna matter heck of a lot more than they -- -- -- proceeds put out on a website that lists all the money in stimulus funds that went to.
Countries and companies overseas and then talents.
Charles -- -- the electorate.
Comprehend the good the bad the ugly about outsourcing and how this -- place.
Well I'm not even sure economist I'm -- it can make a unanimous judgment on outsourcing I think.
Tomorrow is exactly right as an economic issue it's complicated it often helps the economy some country's economy.
It's a subtle issue but clearly Obama's to using -- simply as a way to paint the character over on the because the implication that somehow.
If a lot of Romney outsourced it as a -- of a minor corporation outsource jobs assuming you did.
-- it's an allegation which I'm -- -- -- -- -- but assuming you did.
In the 1990s what kind of -- -- have an economy today zero effect it's all about.
Character assassination or if you if you like a negative for trailer Romney is the heartless -- to -- But as a real issue I think it's nonsense either way -- I'm glad the Republicans are saying I told you so.
You -- I think the main problem with outsourcing -- jobs and stimulus is not -- said.
The jobs ended up who knows where in Finland but it was a waste of money even if -- jobs have been here -- the -- jobs we're a ways to produce nothing and went bankrupt.
So it's a simple waste on and on energy that's not right -- can happen.
And but we're we're and it's a butt of a form of -- -- capitalism and outsourcing itself I think is that a serious economic issue in the campaign.
Chuck there are some Republicans some conservative groups even that have charged that Mitt Romney cannot keep just talking about the economy -- saying painting it is as bad.
As a means to run this campaign however.
When he's on the trail.
He talks about it again and again and again -- some of his biggest applause lines proposed.
I know that last week the middle class of America got a kick in the guts.
When the jobs numbers came out we found out we created only 80000 jobs our nation needs to create about double that.
If we're gonna keep up with a population growth of our nation and so we're falling further behind.
Under this presidency and that's one reason why we're gonna change in and gets -- -- and there we'll get this economy -- Went on to say it was another kick in the gut with the tax plan present him now.
Yeah I you know there are a lot of Republicans are saying -- talk about health care you know especially now after what the Supreme Court did and so forth because let's face it that's a tricky one for Mitt Romney and always has been.
Com I'm not so sure this is a bad strategy for him.
Because if you look at you mentioned -- Washington Post poll today that number for him was very.
Strong that he was strongly favored over a -- -- -- -- was 56 to 44 is having.
The better ability to deal with the economy and conversely that's where Obama's approval rating is lowest on managing the economy.
It is his strong suit I mean he he isn't running a wide ranging campaign that's true American and -- the weakness.
Just I got to a final point on this outsourcing thing it's been an onslaught now for a couple weeks.
But the polls that came out today -- hasn't moved the needle.
We will still there it's a dead even race and I think that speaks volumes.
I think it's an Obama investment in the future.
You paint the character and you try to frame the man.
So that it's harder for him later and -- can -- to undo the image.
You could be of subliminal one but I think it's gonna it it has an effect indicate it's working.
-- may -- but that Washington Post poll is tighter than it was before by a little bit and the direction -- around.
It's -- depth chart because it off later.
-- -- course Romney is pile up all kinds of money now these -- Obama I think two months in a row.
Could be saving that up to -- why can't voters can't spend a lot of that -- now is still on the primary spending in the primary money can't spend the general election money until he gets.
The nomination officially early money is better spent -- and that's.