Friday, June 22, 2012

History Contradicts Romney on Business Record

To look at Mitt Romney?the boxy power suits, the body toned by jogging?he is the financial industry personified. To listen to him, whether casually offering a $10,000 bet or flatly declaring, ?corporations are people,? is to hear the unrestrained id of Wall Street. Remarkably, in the middle of a sluggish economy brought about by the irresponsibility of bankers gambling with other people?s money, Romney thinks this is his greatest asset.

Romney likes to contrast his own r?sum? with President Obama?s by saying, ?To create jobs, it helps to have had one.? He means that a job is not really a job unless it is in the for-profit sector. Likewise, Romney asserts, ?I?m a guy who has lived in the world of business. [If] you don?t balance your budget in business you go out of business. So I?ve lived balancing budgets.?


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