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NEA: “Romney Economics” would take country in wrong direction


WASHINGTON - June 22, 2012 -

Mitt Romney is in the news again. With the following headline: “Romney’s Bain Capital Invested in Companies that Moved Jobs Overseas,” the Washington Post confirms what many who follow Romney's ambitious political career have suspected for some time: he’s an outsourcing pioneer.

“The Washington Post today added another page to the ‘Romney Economics’ book,” said NEA President Dennis Van Roekel. “Mitt is not only comfortable with fewer teachers, cops, and firefighters but we now know that he also pioneered the practice of shipping American jobs overseas while he presided over Bain Capital. If Mitt wants to campaign on the single issue of job creation, then the American public has a right to know the truth about Romney’s record as governor and as head of Bain Capital.”

“Massachusetts was 47th in job creation while he was governor. Romney cut higher education funding and slashed state aid. Fees for university students went up by 63 percent,” continued Van Roekel. “And as head of Bain Capital, he outsourced jobs overseas. ‘Romney Economics’ seem to me like a proven recipe for taking the country in the wrong direction. ‘Romney Economics’ didn’t work then, and it won’t work now,” concluded Van Roekel.

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The National Education Association is the nation's largest professional employee organization, representing more than 3 million elementary and secondary teachers, higher education faculty, education support professionals, school administrators, retired educators, and students preparing to become teachers.

CONTACT: Miguel A. Gonzalez  (202) 822-7823, mgonzalez@nea.org