Stepping up its flow of advertising in swing states, the Obama campaign released a new television ad on Monday that once again ties Republican presidential candidate Mitt Romney to outsourcing at Bain Capital.
"These appliances could have been made here in America," says the ad's narrator, showing foreign-made goods. "But a company called Global Tech maximized profits by paying its workers next to nothing under sweatshop conditions in China. When Mitt Romney led Bain, they saw Global Tech as a good investment, even knowing that the firm promoted its practice of exploiting low-wage labor to its investors."
"Mitt Romney: tough on China? Since when?" the narrator concludes.
The spot is running in the swing states of New Hampshire, Virginia, Florida, Ohio, Iowa, Nevada and Colorado, which is the site of the first presidential debate on Wednesday.
According to recent reports from the Boston Globe, Bain invested in Global Tech less than two weeks after the firm released documents that sold its operating model as relying on "inexpensive labor" and a "low tax rate."
Despite reservations from some high-profile Democrats months ago about attacking Romney's experience in Bain, it continues to be the main line of attack against the GOP contender.
UPDATE: 7:30 p.m. -- Romney campaign spokeswoman Amanda Henneberg responded to the spot, saying it was another "overboard" ad "from a president who is trying to distract from his failure to stand up to China."
"Four years ago, then candidate Barack Obama promised to take China to the mat, but refused to label China a currency manipulator because he didn’t want them to be embarrassed," she said. "President Obama’s failure to stand up to China has cost our country jobs and is one more reason that we can’t have four more years like the last four years. Mitt Romney will stand up to China, label them a currency manipulator, protect our intellectual property, and ensure that more jobs stay in America."
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