Daily Kos: Under Mitt Romney, Bain cut jobs in South Carolina and New Hampshire

Daily Kos: Under Mitt Romney, Bain cut jobs in South Carolina and New Hampshire

Back in the late 1980s and early 1990s, when Mitt Romney was running Bain Capital, and the key primary states of New Hampshire and South Carolina were not yet on his radar in an "I'm running for office, for pete's sake" kind of way, Bain combined the Holson Co. and Burnes of Boston, creating Holson Burnes, a maker of photo albums and picture frames. As the Associated Press reports, Holson Burnes then proceeded to open and shut a plant in South Carolina and to do the same in New Hampshire. Each time, it created, then cut, jobs. In South Carolina, at least, it cut those jobs after having extracted big incentives from the government to open the plant.