It’s no secret that Mitt Romney’s checkered business career was part of what doomed his election hopes in 2012. When people looked at Mitt Romney, they saw a vulture capitalist who was willing to close down American plants, lay off workers, and ship jobs overseas, so long as it helped their bottom dollar.
Having run for president, Romney’s business practices are likely the most infamous among Republican politicians, but he’s hardly alone. This year, key GOP candidates in close senate and gubernatorial races espouse the same self-interested philosophy — reaping profits while hurting American workers.
In Georgia, David Perdue’s campaign was rocked as POLITICO reported that Perdue had stated plainly in a 2005 deposition that he had “spent most of his career” outsourcing. This statement itself would have been severely damaging to Perdue’s candidacy, but what was even more detrimental, perhaps because it was so revealing, was Perdue’s dumbfounded response to the story. Asked how he would defend his outsourcing career, Perdue looked surprised — “Well defend it? I’m proud of it!”
In Illinois, billionaire gubernatorial candidate Bruce Rauner, who took a page out of Romney’s playbook and funneled millions in profits to Cayman Island tax shelters to avoid paying American taxes, has demonstrated similar priorities. Rauner’s vast portfolio while at GTCR, the private equity firm he co-founded, included directing H-Cube, a “premier global business outsourcing firm.” And just this month, we learned that a lawsuit has been launched by the former CEO of LeapSource, another outsourcing company where Rauner sat on the board, alleging personal threats from Rauner over her lack of success as their CEO.
Read more after the jump.