Sunday, December 4, 2011

The Los Angeles Times
on Mitt Romney and job creation

The Los Angeles Times examines “Mitt Romney’s job creation record“:

The Republican presidential contender says he learned about expanding employment during his time heading a private equity firm. But under his leadership, Bain Capital often maximized profits in part by firing workers.
That’s no surprise to anyone who knows something of the firm’s history. My wife Elaine worked at Bain & Company (pre-Bain Capital) in the 1980s, processing other people’s words, including Mitt Romney’s. Read her take on life at Bain.

A related post
Mitt Romney at Bain

[If Romney becomes the nominee, look for Bain to become a familiar name in political discourse. I think though that it’ll be Gingrich, and that Obama v. Gingrich will resemble Clinton v. Dole. Gingrich seems well suited to play a cranky old guy.]

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