Mitt Romney Will Fix the American Economy

[ProSense]

6. He wants to give the country the Bain treatment:

OOPS: Mitt Romney Calls United States A ‘Company’

By Annie-Rose Strasser

Mitt Romney is focused on convincing Americans that his private-sector business record qualifies him to be President, which is perhaps why he accidentally called the United States of America a “company” instead of a “country” on Friday.

While Romney has spoken extensively about running the government more efficiently, like a private business, he has never compared the entire American enterprise to an actual business enterprise. But today, at an event in Florida, Romney did just that, saying his administration will reach out to people who “want to make sure this company deals with its challenges”:

Paul Ryan and I understand how the economy works, we understand how Washington works, we will reach across the aisle and find good people who like us, want to make sure this company deals with its challenges. We’ll get America on track again.

Watch it:

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http://thinkprogress.org/election/2012/08/31/783791/romney-calls-america-company/

This is proof Mitt wants to bankrupt America.

Business Is Not Economics

President Obama gets this exactly right:

When some people question why I would challenge his Bain record, the point I’ve made there in the past is, if you’re a head of a large private equity firm or hedge fund, your job is to make money. It’s not to create jobs. It’s not even to create a successful business – it’s to make sure that you’re maximizing returns for your investor. Now that’s appropriate. That’s part of the American way. That’s part of the system. But that doesn’t necessarily make you qualified to think about the economy as a whole, because as president, my job is to think about the workers. My job is to think about communities, where jobs have been outsourced.

A country is not a company — and it’s definitely not a private equity firm.

And here’s the thing: Romney is running for president entirely on the basis of his business success...Once the Bain record becomes a liability instead of a strength, there’s nothing there.

http://krugman.blogs.nytimes.com/2012/07/13/business-is-not-economics/