Friday, June 22, 2012

Bain Capital Was One Of The Leaders In The Outsourcing of Labor To Low Wage Countries

This article provides details on Bain Capital's operations under Mitt Romney.  Bain specialized in reducing costs by offshoring labor in the companies that it advised or acquired. Bain was one of the first consulting firms to specialize in that activity.  It has now become common practice.  He is just the leader that we need to create jobs. Perhaps he can outsource the operation of government to low wage countries.  It might be a good way to reduce budget deficits.

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