Debate Club

Is Romney's Bain Record a Winning Issue for Obama?

Is Romney's Bain Record a Winning Issue for Obama?

Bain Capital, the private equity company founded by Mitt Romney, has dominated the presidential electoral debate in recent days. But it’s not just Romney’s record at the firm he led for 14 years that has been driving the discussion; many have criticized the measures taken by President Obama’s campaign to slam the company. Even Newark Mayor Cory Booker, a Democrat and surrogate for the Obama camp, called the attacks “nauseating” before walking back his remarks.

Romney’s success as a businessman has been a central argument in his own campaign. He claims to have created as many as 100,000 jobs in his experience in the private sector, where he says he rescued and rebooted struggling companies like Staples. However, the Obama campaign has accused Bain Capital of what some call “vulture capitalism,” painting it as a greedy, carpet-bagging corporation that tore apart companies, sent jobs overseas, and forced companies into bankruptcy, all the while banking massive profits for its investors.

Both Romney’s boasts of job creation and the Obama camp’s accusations hurled at Bain have been called into question. What is unclear still is the political payoff of the current dialogue centered on Romney’s record at Bain Capital. Is it a winning issue for Obama? Here is the Debate Club’s take:


The Arguments

#1
89 Pts
Mitt Romney Must Present the Brighter Side to Bain Capital

No – Mitt Romney Must Present the Brighter Side to Bain Capital

Ford O'Connell Republican Strategist, Conservative Activist, and Political Analyst

#2
86 Pts
Romney Must Stand Up to Obama's Bain Capital Attacks

No – Romney Must Stand Up to Obama's Bain Capital Attacks

Stephanie Slade Project Director at The Winston Group

#3
40 Pts
Obama Camp Shot Itself in the Foot on Bain Capital

No – Obama Camp Shot Itself in the Foot on Bain Capital

Jamie Chandler Political Scientist at Hunter College

#5
30 Pts
Bain Attacks Have Cost Obama the Moral High Ground

No – Bain Attacks Have Cost Obama the Moral High Ground

Lara Brown Author of 'Jockeying for the American Presidency: The Political Opportunism of Aspirants'

#6
-30 Pts
Obama Has a Right to Question Romney's Business Credentials

Yes – Obama Has a Right to Question Romney's Business Credentials

Brad Bannon President of Bannon Communications Research


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