HEMPSTEAD, N.Y. -- President Obama attacked Mitt Romney’s business record just after their second presidential debate began Tuesday night, dropping the nonconfrontational approach that left many of Obama’s supporters disappointed when the rivals for the White House first debated nearly two weeks ago.
Obama’s attack focused on Romney’s tenure at the helm of Bain Capital, a Boston private equity firm that he founded.
When Romney touted his five-point plan to create 12 million jobs in four years, Obama ridiculed the Republican challenger’s agenda, calling it a one-point plan “to make sure that folks at the top play by a different set of rules.”
“That's been his philosophy in the private sector; that's been his philosophy as governor; that's been his philosophy as a presidential candidate,” Obama said shortly after the feisty debate at Hofstra University began. “You can make a lot of money and pay lower tax rates than somebody who makes a lot less. You can ship jobs overseas and get tax breaks for it. You can invest in a company, bankrupt it, lay off the workers, strip away their pensions, and you still make money.”
Obama’s campaign has run television ads casting Romney as a corporate takeover executive who reaped millions of dollars on deals that shipped American jobs overseas. Priorities USA Action, a “super PAC” that supports Obama, has run a series of television ads focused on Bain deals that led to thousands of layoffs, featuring workers who lost their jobs telling their personal stories.