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  • In 1980s Romney Video From His Bain Days, Profits, Not Jobs, Were Focus

    09/15/2023 10:16:48 AM PDT · by CharlesOConnell · 24 replies
    Mother Jones ^ | eptember 27, 2012 | S.V. Date
    …many private-equity experts have long explained that the goal of Bain and similar companies was never to create jobs per se — but to generate profit for itself and its investors. If this … tape again causes Romney problems, though, it is likely to be because of its tone. His 47 percent language was seen as labeling nearly half the country as moochers who would never take responsibility for their own lives. This time, it's that word "harvesting," which brings to mind, for instance, organ harvesting from the recently deceased.