Thursday, January 12, 2012

Romney defends business record in face of attacks

Republican presidential candidate, former Massachusetts Gov. Mitt Romney is greeted by a crowd after a campaign stop at the Opera House, Sunday, Jan. 8, 2012 in Rochester, N.H. (AP Photo/Jim Cole)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney is greeted by a crowd after a campaign stop at the Opera House, Sunday, Jan. 8, 2012 in Rochester, N.H. (AP Photo/Jim Cole)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, speaks as New Jersey Gov. Chris Christie listens at left during a campaign rally in Exeter, N.H., Sunday, Jan. 8, 2012. (AP Photo/Elise Amendola)

ROCHESTER, N.H. (AP) ? Presidential candidate Mitt Romney on Sunday defended his time in private business and insisted he understands the country's tough economic times because he once feared losing his job.

"I know what it's like to worry about whether you're going to get fired," the former Massachusetts governor told a crowd gathered at the historic Rochester Opera House. "There were a couple of times when I was worried I was going to get pink-slipped."

Romney, who grew up in Michigan while his father served as the state's governor, became a multimillionaire when he was CEO of Bain Capital, a venture capital firm.

Romney's GOP rivals, particularly former House Speaker Newt Gingrich, attacked Romney this weekend for making those millions while laying off workers.

Gingrich referred to Romney's job at Bain as "a Wall Street model where you can flip companies, you can go in and have leveraged buyouts, you can basically take out all the money, leaving behind the workers."

Democrats have also repeatedly attacked Romney's tenure at Bain.

At the rally Sunday, Romney told the crowd that Bain created more jobs in the long run.

He said he once stocked shelves at Staples, the successful office supply company.

"I'm not perfect, but I do get it, and I will use what I know to get America working," Romney said.

Romney's campaign could not provide a concrete example of a time when Romney feared he would be laid off or be fired.

"As a young person just out of college, he worked his way up the career ladder knowing that his continued employment was by no means guaranteed," spokeswoman Andrea Saul said in a statement. "That's the way it is in the private sector."

Saul did not respond to inquiries about what job Romney held when he was just out of college.

Romney was also holding a rally with New Jersey Gov. Chris Christie in Exeter, N.H., on Sunday night.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-01-08-US-Romney/id-6d58379833984c87804f865dd9a84d88

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