John Nichols: Bain Capital Has Shut Down American Plants

John Nichols: Bain Capital Has Shut Down American Plants

John Nichols: Bain Capital Has Shut Down American Plants

Romney’s profit-over-people policies will ship US jobs overseas. 

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

The Bain-owned Sensata Technologies is moving its factory from Freeport, Illinois, to China—and taking 165 US jobs with it. Under Romney’s proposed tax plan, it would be even easier for companies to ship jobs overseas. “Mitt Romney is the architect of outsourcing,” said Freeport mayor George Gaulrupp. Nation writer John Nichols joins Gaulrupp and protesting Freeport workers on MSNBC’s The Ed Show to show why the US can’t afford Romney’s profit-over-people policies.

—Christie Thompson

Will outsourcing be discussed at tonight’s foreign policy debate? Check out John Nichols’s pre-debate predictions.

Support The Nation’s June Fundraising Campaign

With the midterm elections now firmly upon us, the question is whether Democratic candidates will do more than merely occupy ballot lines as mild alternatives to the red-hot crisis that is Donald Trump.

As Trump spends over $1 billion a day on a globally destabilizing war on Iran and admits that he doesn’t “think about Americans’ financial situation,” millions across the country are struggling with the surging costs of essentials. Democrats must seize this moment and advance bold, small-“d” populist ideas—not settle for cynical caution that once again snatches defeat from the jaws of victory.

The Nation elevates progressive ideas, movements, and elected officials achieving real change across the country into the national conversation. At the same time, our journalists are exposing how crypto and AI-funded super PACs are spending hundreds of millions of dollars to knock out candidates they oppose, reporting on the devastating impact of the Supreme Court’s evisceration of the Voting Rights Act, and sounding the alarm on attempts by red states to quickly redraw electoral maps, disenfranchising Southern Black voters.

We can play this critical role because of support from readers like you. This June, we’re raising $20,000 to power The Nation’s independent journalism in the run-up to November’s immensely consequential elections.

It’s in our power to build a more just society, and your support at this critical moment brings us closer to that bold vision. I hope you’ll donate today.

Onward,

Katrina vanden Huevel
Editor and Publisher, The Nation

Ad Policy
x