January 11th, 2012
04:10 PM ET
(CNN) – A White House official says President Obama’s speech Wednesday proposing tax breaks to businesses that keep jobs in the United States has been in the works for weeks.
But politically, the timing couldn’t have been better.
Just as Democrats and Republican opponents to Mitt Romney heighten their lines of attack against Tuesday’s big New Hampshire primary winner as a onetime “vulture capitalist” who destroyed many more jobs than he created while growing wealthy at Bain Capital, the president subtly weighed in.
Flanking himself with more than a dozen business executives, he pledged to unveil tax incentives for companies to bring back jobs to the United States and create more products in America
"I don't want America to be a nation that's primarily known for financial speculation," the president said during the event in the East Room. “I want us to be known for making and selling products all over the world stamped with three proud words: "Made in America."
To be sure, the president made no mention of Romney directly, but he has been critical of Wall Street before and the tenor of his remarks neatly complimented Vice President Biden’s assail on the former Massachusetts governor Tuesday, when he told New Hampshire Democrats via teleconference that Romney cares more about stockholders than employees.
“He thinks it’s more important for the stockholders and the shareholders and the investors and the venture capital guys to do well than for those employees to be part of the bargain,” Biden said.
"There is nothing wrong with being successful and making money," Texas Gov. Rick Perry said earlier this week. "There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business and I happen to think that is indefensible.”
And in a new film, funded by a so-called super PAC supporting Newt Gingrich and is expected to air in South Carolina, Romney is described as a “predatory corporate raider”
While the president himself sought to stay above the political fray Wednesday, his remarks weren’t all together absent of overt 2012 overtones.
“I want [jobs] taking root in places like Michigan and Ohio and Virginia and North Carolina,” he said of the states that will be key to his reelection campaign.