Romney has business experience … and that business experience amounts to bending the middle class over a table and sexually molesting it without predilection. It’s just business. Now he wants to showcase the skills he learned at Bain and utilize them with the full authority of the office of the President.
To understand Mitt Romney’s impact on people’s lives…you can hear it directly from workers who lost everything because of Bain Capital HERE and HERE and HERE and HERE and HERE and HERE and HERE and HERE and HERE.
Paul Krugman writes HERE:
Now, the truth is even under the best of circumstances, the case for electing a businessman as president would be very weak. A country is not a company – does any company sell more than 80 percent of what it makes to its own workers, the way America does? — and competitive success in business bears no particular relationship to the principles of macroeconomic policy. So even if Romney were a true captain of industry, a latter-day Andrew Carnegie, this wouldn’t be a strong qualification.
In any case, however, Romney wasn’t that kind of businessman. He didn’t build businesses, he bought and sold them – sometimes restructuring them in ways that added jobs, often in ways that preserved profits but destroyed jobs, and fairly often in ways that extracted money for Bain but killed the business in the process.
Or put it a different way: Romney wasn’t so much a captain of industry as a captain of deindustrialization, making big profits for his firm (and himself) by helping to dismantle the implicit social contract that used to make America a middle-class society.
