The pushback against the Bain documentary is out already. A writer for Fortune (surprise, not) picked out what he said were errors in the narrative.
But Jia Lynn Yang in the New York Times documents that even those companies that Mittens brags that he “saved” are following the pattern of sending jobs overseas and hiking up the pay for its chief executives while wages for employees are stagnant.
The issue here isn’t Romney versus Obama; it’s the impact that unregulated capitalism is having on the lives of most working Americans. The documentary presents that impact, even if it’s production values are a little cheesy in places, and even if some of the details are fuzzy.
If thereâ€™s one thing the presidential race has made clear, itâ€™s this: Thereâ€™s broad bipartisan agreement that certain practices of capitalism are not above reproach. Itâ€™s not only legitimate, but desirable, to raise questions about whether certain types of profiteering, such as that practiced by Bain, are immoral, destructive and fair game for condemnation.
Romney is arguing that attacking his record at Bain is the same thing as attacking “free enterprise,” but of course that’s nonsense, but his style of vulture capitalism destroys free enterprise. I say again, it really is like a cancer.
So keep pushing the documentary. Maybe someone will make more documentaries. This is effective stuff.