During a speech in Miami to the Latin Builders Association, Former Gov. Mitt Romney talked about his role in laying off employees, while he worked in the private sector. Former Gov. Mike Huckabee has lately hit Romney hard on this issue, attacking Romney's business credentials.

“Do you understand how businesses work? They don’t all work; that’s the nature of the risk of return," Romney said. "Nobody likes laying someone off. It’s awful. No one likes laying someone off. Someone who thinks you’re bad person, because you’re laying somebody off doesn’t understand. You feel that. It’s probably the hardest thing I’ve done in business, was asking someone to be let go. Letting somebody go, it’s awful. Feels terrible. It’s an indication that business isn’t doing well. You don’t lay people off when you’re growing, you lay people off when you’re not growing...But you recognize it’s the only way you can go forward and hopefully turn it around."