Over the past few weeks, many people have compared what Obama is doing to Romney to what George W. Bush did to Kerry in 2004. But there are some major differences, making the approach a risky one for the Obama campaign.
An unrelenting President Barack Obama jabbed at Mitt Romney’s record with a private equity firm in an ad yesterday that aimed to keep his rival on the defensive just as the GOP challenger’s campaign hoped to take advantage of poor economic data to gain an edge on the incumbent.
Obama met Romney’s Friday plea for an apology for the attacks with a mocking ad that charged that the firm, Bain Capital, shipped American jobs to China and Mexico, that Romney has personal wealth in investments in Switzerland, Bermuda and the Cayman Islands, and that as Massachusetts governor, he sent state jobs to India.
Romney’s chief contention is that as a former businessman, he has the experience to create jobs and spur a struggling economy. The Obama campaign has countered that Romney ran a firm that pioneered the practice of sending American jobs out of the country and that his background is one of an investor.
But Romney said he stepped down from his private equity firm years earlier than federal records indicate. He sought an apology Friday from Obama for the attacks.
Credit to Newsday.com – Obama ad keeps up attack on Romney, Bain