Romney faults Obama over inaction on China trade

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  • UtahBlueDevil Durham, NC
    Oct. 15, 2012 7:20 p.m.

    And what does Romney plan on doing once he has labelled them "currency manipulators"? Is he going to add import duties on their products? That will work for all the American companies buying and selling into the China market becuase they will surely respond in kind. Or perhaps he will bar currency transactions? What really is he going to do.. that will not damage the American economy.

    I too would like to see what we can do to fix the problem... but calling China a name just isn't going to do much. What actions is he willing to take, and what collateral damage to our own economy will he be willing to sacrifice to make a point. Facts..... plans... ideas...... We get the name calling thing.... Romney has proven his skills in doing so. What are you going to do..... please.

  • Furry1993 Ogden, UT
    Oct. 15, 2012 8:11 a.m.

    Bain Capital, a "vulture" capital firm started by Mitt Romney and to which he still has close financial ties (and, perhaps, more), owns Sensata Technologies which owns a company that builds transmission sensors for many cars and trucks made in the United States. An employee of that company for the last 33 years was sent to China to train workers there, not knowing that the company was about to be sold and the jobs she was training people for included her own among 170 jobs at the company that were being sent overseas. The company's employees tried to meet with Mitt to ask him to intervene and keep the jobs in the United States, but he would not meed with them.

    This is an enterprise over which Mitt should be able to exert some influence if not control due to his long-term close ties with Bain. If these jobs go overseas, Mitt will directly profit from the out-sourcing. Given that fact, it is the height of hypocracy that he would complain about the way the current administration handles ANY China trade issues.