President Obama is facing increasing deficits, not only in his spending habits, but in the facts. The Obama campaign is trying to frame former Massachusetts governor Mitt Romney as the “inventor” of outsourcing American jobs to other countries.

A major news organization had a well-timed hit piece on Romney about the outsourcing charge just as the Obama campaign ramped up the messaging. What a coinkydink!

The president’s critics on Twitter are fighting back against this attack on Romney.

Most importantly, the claims by the Post (and echoed by the Obama campaign) have been soundly rebuked by the American Enterprise Institute blogger/columnist James Pethokoukis.

Pethokoukis writes:

And that’s it. That’s the big story that’s supposed to derail [the] Romney campaign, I guess. Instead of the headline “Romney’s Bain Capital invested in companies that moved jobs overseas, ” perhaps the WaPo headline should have been something different.

Some more accurate options:

– “Romney’s Bain Capital invested in companies that expanded overseas … after he left”

– ”Romney’s Bain Capital invested in companies that had international employees before it bought them”

– “Romney’s Bain Capital invested in companies that created foreign call centers to deal with foreign customers”

And it’s also just bad economics to suggest offshoring is necessarily a job killer.   As this study suggests, “Increased globalisation of manufacturing processes does not necessarily imply a hollowing-out of domestic production … Firms that go abroad expand employment at home relative to non-globalizers.”

You know it’s bad when the Washington Post — the same newspaper that ran the anti-Romney hit piece this morning — has to give the Obama campaign the dubious “4 Pinocchios” for its deceptive “outsourcing” attack.

  • BeeKaaay

    FACT: If Obama cared about outsourcing, he would have issued an executive order outlawing the H1B visa.

    He not only never did, he never voted for any anti-outsourcing legislation.

  • Kevin Alderman

    Obama outsourced our economy to Reid and Pelosi.

  • John Scotus

    With jobs and investment fleeing the US because of Obama’s policies, one would think he would be the last person to talk about outsourcing.

  • Mama Bear

    This effin POS has time to tweet, golf and vacation but when does he do his JOB? Oh, that’s right…NEVER!

    • cscape

      i understand that his “work” day starts at 10:30 AM….. by 10:30 AM my work day is wrapping up, until the 2nd shift kicks in around 1:00 PM

  • SuperFash

    He didn’t mind GE outsourcing to China.

  • cheongyei

    I love the hashtag #StartPacking

    • cscape

      “packing” would be a great concept for them……. BUT – i envision a LOOTING of the White House, West Wing and Associated government offices, the like of which hasn’t been seen since the British sacked and burned it 200 years ago! (remember how Clinton’s forces trashed America’s headquarters back in January of 2001)

  • omicron123
    “Want You Gone” – Such a topical song for this situation.

  • cscape

    the NYT and WaPo’s new motto…… “Never Let The FACTS Get in the Way of a Story”!

  • cscape

    they (the Dinosaur Print Media and Axelrod & Co.) can spin this crap any way they want….. in the end, only the most Kool-Aide addicted MoonBat will be blaming Mitt Romney for what the LIBS (circa 2007 – 2012) have done to our economy!