Mitt Romney says his days at Bain Capital prepared him. Presumptive GOP presidential nominee Mitt Romney likes to portray himself as a better job creator than President Barack Obama, but he may have a hard time backing up those boasts. Establishing himself as a job creator may be hard to do after the fall of Bain Capital a firm he co-founded.
Romeny claims he help created more than 100,000 jobs.
Romney's central theme is that his years at Bain better prepared him "to help fix the economy" than Obama, whose economic performance he calls lackluster.
Obama dismissed Romney's basic premise earlier this week when he told reporters in Chicago that a president's job "is not simply to maximize profits." The president claims Romney would bring back old Republican policies that didn't work in the past in solving the nation's economic problems.
Romney claims that America needs new solutions to get the economy and country back on track. The solution has been tried over and over to try and fix America problems, and none seems to work in favor of a solution. President Obama didn’t create the financial break down in Washington, instead he inherited that problem. The American people know that it is not an easy task to walk in a big government and put in place quick solutions. Republicans had control of both chambers of congress under President Bush administration, and choose to give tax-breaks to the wealthy and big corporations. The republicans never thought about solutions to bring in revenue to the federal government for the American people.
Looking back at the record of Bain Capital, I would question rather the type of leadership prepared Mitt Romney to lead this country.
Romney's jobs assertion rests heavily on relatively small Bain stakes in companies such as Staples and Sports Authority that later grew large and profitable.
