Friday, August 24, 2012

Required Reading: Mitt Romney's Column at WSJ

A must read column by the next President of the United States.  "What I Learned at Bain Capital."  See here.

Everything is really a key paragraph, but here's two I picked out:

I'm not sure Bain Capital could have grown or turned around some of the companies we invested in had we faced today's anti-business environment. Andy Puzder, the chief executive of CKE Restaurants Inc., which employs about 21,000 people at Carl's Jr. and Hardee's restaurants, has said that the "current unfriendly economic environment perhaps best explains why American companies are sitting on over $2 trillion which they could invest."

President Obama has piled on excessive regulations, proposed massive tax increases, added more than $5 trillion in federal debt, and failed to address the coming fiscal cliff—all of which is miring our nation in sluggish growth and high unemployment.

Governor Romney needs to really sell how important his business background will be to helping us get away from the four year disaster of Barack Obama, especially in the context of all the stupid attacks from Democrats who have no idea how capitalism works.  I know he's tried before, but now is the time to re-emphasize this.

Simply put, no one ever regretted hiring Mitt Romney.  In addition to all his success at Bain, and a very successful term as governor of Massachusetts (in the face of an overwhelmingly Democratic controlled legislature), his turnaround of the 2002 Olympics borders on the miraculous.  

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