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Romney economics: Bankruptcy and bailouts

Mitt Romney made millions as a corporate buyout specialist, but his time in the private sector came at a steep cost for middle-class workers and families whose jobs and livelihoods were destroyed in Romney's quest for profit.

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  • Romney has zero credibility on debt

    Mitt Romney delivered his umpteenth "major" economic speech today, and this time, his focus is on spending and debt. But take his rhetoric with a large grain of salt, because Romney's proved at each point in his career—from corporate buyout specialist to failed governor of Massachusetts to perpetual presidential candidate—that he is the last person who should be lecturing us on reckless spending and running up debt.

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  • We know we are better off when women are treated fairly and equally in every aspect of American life—whether it’s the salary you earn or the health decisions you make. – President Obama addresses Barnard's Class of 2012
  • We can't afford Romney economics

    Mitt Romney has staked his candidacy on the experience he gained in the two decades he ran Bain Capital, a financial buyout firm. He wants voters to focus on his time in the private sector as his main qualification for the presidency. So let's do just that.

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  • We were doing well, and then Bain Capital bought us, and they took everything they could out of the company without making the investments we needed to stay competitive. … They ran the company into bankruptcy. – James Sanderson, GST Steel worker
  • Romney economics: Bankruptcy and bailouts

    Mitt Romney made millions as a corporate buyout specialist, but his time in the private sector came at a steep cost for middle-class workers and families whose jobs and livelihoods were destroyed in Romney's quest for profit.

    Mitt Romney made millions as a corporate buyout specialist, but his nearly 20 years in the private sector came at a steep cost for middle-class workers and families across the country whose jobs and livelihoods were destroyed in Romney's quest for profit. Workers at GST Steel in Kansas City are speaking out on "Mitt Romney as a job destroyer." Share this video.

  • President Obama tells Congress: Help Responsible Homeowners

    President Obama called on Congress to give every responsible homeowner the opportunity to save thousands of dollars each year by refinancing their homes. It's part of his to-do list for Congress: five actions that Congress can and should take before they adjourn for the summer that will keep us moving forward and create jobs.

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  • Marriage equality

    ''I think same-sex couples should be able to get married.'' That's what our President said yesterday afternoon, and with it, made history. Let's show that we're right there with him: Add your name alongside other Democrats in support of marriage equality today.

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