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Mitt Romney Calls Job Loss 'A Tragedy' Ahead Of South Carolina Primary

Mit Romney Jobs

AP/The Huffington Post   Posted: 01/12/12 10:57 AM ET

Former Massachusetts Gov. Mitt Romney said during a stop in South Carolina on Thursday that he believes "any time a job is lost it's a tragedy."

Politico reports that the presidential candidate told reporters, "For the family, for the individual that loses a job, it's devastating."

The remarks from Romney come on the heels of his win in New Hampshire's primary election and as he faces attacks from rival contenders like former House Speaker Newt Gingrich and Texas Gov. Rick Perry on the key economic issue. The AP reports:

Trying to tap into populist sentiment, Gingrich and Perry are accusing Romney of being a fat-cat venture capitalist during his days running the private equity firm Bain Capital, laying off workers as he restructured companies and filled his own pockets.

A group backing Gingrich is airing TV ads in South Carolina showing distraught people who say they lost their jobs to Bain's restructuring practices while Romney was at the helm.

The matter of how many jobs were created or lost during Romney's tenure at Bain was raised during one of last weekend's Republican presidential debates. The AP reported after the event:

After months of getting a pass on the subject from his rivals, Mitt Romney was challenged in the Republican presidential debate Saturday night on his frequent claims that he created great numbers of jobs in the private sector. Newt Gingrich, for one, said Romney's record as a venture capitalist was one of flipping companies, taking out all the money and "leaving behind the workers."

Who's right?

The bottom line remains unknown about how many jobs were gained or lost from Romney's work at the Bain Capital private equity company. But this much is clear: His accounting behind the assertion that he created more than 100,000 jobs at companies he helped start up or turn around has been flawed.

On Thursday, Romney also insisted he is "pro-life" and said he's raising the issue on the campaign trail to counter his rivals' attacks.

"I understand that there are some attack ads coming my way that question" his commitment to life, Romney told reporters gathered at a motorcycle dealership in Greer, S.C. "Obviously it's important for me to remind people that I'm pro-life."

Gingrich's campaign is running ads in South Carolina attacking Romney for changing his position on abortion. It's part of an onslaught of negative ads Romney is facing in the first-in-the-South primary, some from his rivals and some from their wealthy SuperPAC allies.

Romney came to South Carolina Wednesday as the unmistakable front-runner in the GOP presidential sweepstakes. But many of the state's voters are conservative Christians and tea party supporters, and Romney struggled here four years ago. He came in fourth.

Romney said Thursday the environment has changed enough that he could win here.

"Four years ago, we were really focused on Iraq and what was happening there and the surge. And that was an area that really was in John McCain's wheelhouse," Romney said. "Now the economy is the issue people are most concerned about. That's in my wheelhouse."

"This is a time when people care about the economy and the scale of government. It's the message of the tea party, it's the message of the Republican Party," he said.

Romney was leaving South Carolina Thursday to hold a midday rally in West Palm Beach, Fla., where absentee voters are already mailing in ballots. The primary is Jan. 31.

But first he stopped to admire the motorcycles on display at Cherokee Trikes and More after he wrapped up the rally in the back warehouse. He stood with an array of motorcycles behind him as he took reporters' questions – but refused to sit on a motorcycle and pose for pictures.

Instead, he joked: "And, what, put a helmet on, Dukakis style?"

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Former Massachusetts Gov. Mitt Romney said during a stop in South Carolina on Thursday that he believes "any time a job is lost it's a tragedy." Politico reports that the presidential candidate tol...
Former Massachusetts Gov. Mitt Romney said during a stop in South Carolina on Thursday that he believes "any time a job is lost it's a tragedy." Politico reports that the presidential candidate tol...
 
 
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12:02 PM on 01/13/2012
Mitt Romney Is trying to count jobs of companies that managed to burn the leech (Bain Capital) off and survived. Much like jobs saved ..... only god could knows the answer along with knowing the number of grains of sand in all the world. Then there is Mitt Romney's commercial trying to take credit for Staples. Staples as a start up and now Mitt Romney is claiming credit for all it's jobs. Then there is the Steel mill that local and state governments bailed out along with a sales tax increase form everybody in the area. In short Mitt Romney is a proven Liar but for some strange reason his lies are called Flip-Flops meaning he is truthful regardless how many time he tells contradicting stories about the same issue or thing. To the point Mitt Romney's claims of job creation are simply not true because he never created any jobs here. Mitt Romney out sourced jobs to China and Mexico. Mitt Romney has cost US jobs.
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lynniebaker
I've said my peace.......
05:21 AM on 01/13/2012
No big insight there. What else would he say? I don't feel his sincerity. He is just saying what he thinks people want to hear.
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muzzled
Socialism and America are not mutually inclusive
05:48 AM on 01/13/2012
get the Michelle Obama carrots out of your ears
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lynniebaker
I've said my peace.......
11:30 AM on 01/13/2012
Ok, carrots are gone. No big insight there. What else would he say? I don't feel his sincerity. He is just saying what he thinks people want to hear.
05:19 AM on 01/13/2012
All of you Liberals will have a lot of egg on your faces when Romney surprises you...... Go Brother MITT....
06:23 AM on 01/13/2012
And you think Romney is a conservative? I have a bridge for sale.
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Esme St Clair
Work is the curse of the drinking classes.
05:02 AM on 01/13/2012
And any time Mitt Romney utters an obvious, insincere platitude, an angel has his wings torn off.
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deborah kitzul
04:41 AM on 01/13/2012
the sincerity of Sarah Palin only in a man's suit.
cosmicdart
paragon of paradigms
04:27 AM on 01/13/2012
If Mitt Romney hadn't been willing to do what he did at Bain Capital, they would have replaced him with someone who would have taken advantage of the national and international laws that allow vulture capitalist to exist. When an unethical but legal opportunity exist, it's taken by one or more frisky buzzards. The early bird gets the worm! Now Romney says that he's not pro-death, and he's pro-jobs. Vultures do a good job of cleaning up the remains of dead entrepreneurial ventures that have gone belly up on the parched sands of the international self-serving legal system. I think buzzards are circling around Twinkies and Co. now. To bad! I liked Twinkies.
03:53 AM on 01/13/2012
Romney is not going to change a thing,,and probably dont really want to...to bring "JOBS",back,,which is "All" we hear during elections,,,the stupid socialist control-freak laws,,written by Attorneys and lobbists,,would just need to be scraped,,,and this will never happen,,its deliberate,,,to make business move off shore,,and the capital,,thus destroying the country,,,thats what its for really...They love their laws that control everyone,,and passed a martial law bill on 1 january 2012,,,thus ending your rights...you think their gonna bring jobs back?..it'd be like resurecting steve jobs,, Its how things are set up,,why we got the problem...those running did it....
Steve68112
Provoking thought through sarcasm
02:59 AM on 01/13/2012
Sometimes when sales decline a company simply cannot afford to keep as many workers as during better times. Other times, jobs are lost due to mismanagement of the business, or in the case of merging businesses, by combining departments and cutting duplication. The vulture capitalists, however, cut a bunch of jobs quick and rake in the short term cash surplus that results before customers realize the company has been gutted and stop doing business with it. They usually sell it off right at that transition showing buyers what a huge cash cow it is just before it tanks, or close it outright if that fails. The worst part, however, is that they would raid the retirement plan accounts at those companies and drain them dry so not only were workers fired but then didn't even end up with any retirement benefits that they should have had for the time they invested in the company. I highly doubt Romney had any concern for that, he just wanted his next million dollar payday while hard working folks were losing their houses and everything they had spent years working for. What would he say if he lost all his houses, all his savings, everything, and didn't even have enough left to buy food? He would probably be singing a different tune. He is clueless.
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muzzled
Socialism and America are not mutually inclusive
05:51 AM on 01/13/2012
okay, now start naming the companies that Romney quickly raked in cash, you need to stop watching reruns of Wall St with Michael Douglas
Steve68112
Provoking thought through sarcasm
03:29 PM on 01/13/2012
Isn't that what corporate raiders do? That is the whole purpose of their strategy. Why don't you start naming companies they raided that they DIDN'T do it to?
12:58 AM on 01/13/2012
On the radio today I heard someone opine that all this Bain Capital stuff is to get it out of the way before Romney becomes the candidate so when the Dems bring it up people will ho-hum. I disagree, I think Gingrich sees this as his last chance and is pulling out all the stops even if it makes him look anti-free-market (which it does). They brought their attack dogs on the trail with them this time.
I do think a by-product of this will be to dull the Bain debate during the real campaign but all Pres. Obama has to say is " I agree with my friend Newty about "vulture capitalism".
01:11 AM on 01/13/2012
But then he will have to explain about his friends at GM who laid off many workers and closed dealerships and plants in the process of restructuring.
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jvinylman502
My dogs eat out of their own bowls,why don't you ?
12:53 AM on 01/13/2012
Obama calls job loss part of his plan
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fairandbalanced100
02:10 AM on 01/13/2012
Bush caused a big job loss with his recession & Obama saved millions of jobs
& GM with restructuring , that many Republicans wanted to let go bancrupt.
Obama's stimulus also created millions of jobs. Romney killed lots of jobs.
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jvinylman502
My dogs eat out of their own bowls,why don't you ?
04:58 PM on 01/13/2012
the only jobs obama saves were union jobs that just put money back into to his re-election. we should have let gm go bankrupt. Then they could re-structure at no cost to the american tax payer , but now we owe china, that's just wrong to do.
12:45 AM on 01/13/2012
'Devastating for the family' Wow deep insight Romney. How do you do it? Please tell us more!
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fairandbalanced100
02:11 AM on 01/13/2012
Romney didn't care about the families when he was laying off all the workers to make a profit.
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muzzled
Socialism and America are not mutually inclusive
05:53 AM on 01/13/2012
if that's the case he probably didn't care about the three times as many jobs he created then lost
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donnellyddo
Just another pain in ur
12:37 AM on 01/13/2012
A lot of you are going to hate just because that's who you are. I don't care if he fired thousands of people. that means he did his job. "They just raped this company". Oh waa. If the company was running then "they" wouldn't do anything. I hear these poor performers whinning, he close us down or he laid me off. That's life.
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donnellyddo
Just another pain in ur
12:31 AM on 01/13/2012
Any of you ever manage a department or company? sometimes you have to make hard decsions. Some people need to be fired. Private companies can't afford to carry dead weight unlike Public sector jobs.
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jvinylman502
My dogs eat out of their own bowls,why don't you ?
12:55 AM on 01/13/2012
Amen ! fanned .. I had to fire someone after obama got elected to keep going. With the price of gas and food on the rise somebody had to go. It was sad seeing my former employee get into his car and drive away seeing that Obama sticker get smaller and smaller.
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muzzled
Socialism and America are not mutually inclusive
05:54 AM on 01/13/2012
wait till Obama care kicks in
jstanavgguy
Proud member of the evil 1%
08:20 AM on 01/13/2012
I have had to fire people for all sorts of reasons. SOmetimes it is difficult, sometimes it is easy.
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mirrorwrlds
A world with infinite possibilities.
12:20 AM on 01/13/2012
Consumer confidence is down for fear of a Republican President and Congress.
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donnellyddo
Just another pain in ur
12:32 AM on 01/13/2012
You are wrong but I would love to see some eveidence of that.
12:46 AM on 01/13/2012
take a look at 8 years of W. Bush to see how this country got into this mess, now look at Mittney and his wall street friends! donnelly, you are wrong!
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muzzled
Socialism and America are not mutually inclusive
05:54 AM on 01/13/2012
I think you're talking about Obama
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smeeg
you have to give respect in order to get respect
12:12 AM on 01/13/2012
Sounds like he's just telling us what we want to hear