Obama`s criticism can be viewed as an attempt to distract public attention from similar accusations he once faced himself. Meanwhile, some critics agree that Obama has not kept his promise to stop US jobs from being shipped overseas.
An article published in The Washington Post shed some light on Romney`s Bain Capital, a private equity firm which invested in companies where jobs were sent to the countries with low wages. The article came as a real gift to Democrats, especially amid criticism they have been facing lately.
The article could really have come as a bombshell as in recent months Romney has sounded particularly negative about jobs being sent abroad. He promised to stop the practice as soon as he assumed presidency. Romney said he would mount pressure on China where low wages offer a favorable climate for moving jobs there.
Now that it has turned out that Bain Capital contributed greatly to this process, and mostly in China, Romney finds himself in a very unpleasant situation. His opponents have been spending years trying to prove Romney`s involvement in the shipping of jobs, and the Washington Post was the first to succeed in it. It is quite likely that this scandal will now make the Republicans and the Democrats swap places. Previously, the Obama administration was under criticism voiced by the Republicans who blamed their opponents for trying to hide the details surrounding the failure of the Fast And Furious operation. Obama was likened to Nixon, and his healthcare reform did not receive much public support although it was recognized by the Supreme Court as constitutional.
Now it is time for Romney to justify himself and explain this conflict between his election program and private business.
There is no doubt that Obama`s team will do everything to make the most of Romney`s failure. It must be mentioned, however, that Democrats are facing much criticism, too, and should not relax. And what appears to be their biggest difficulty is that after a series of failed initiatives Obama`s once closest supporters, who earned him victory in 2008, now seem to be losing faith in their candidate.