I've never understood the Republican obsession with thinking that a successful CEO would make a good president. The two jobs are completely different. Yesterday, the president eloquently illustrated this in Chicago.
If your main argument for how to grow the economy is 'I knew how to make a lot of money for investors,' then you're missing what this job is about. It doesn't mean you weren't good at private equity, but that's not what my job is as president. My job is to take into account everybody, not just some. My job is to make sure that the country is growing not just now, but 10 years from now and 20 years from now.
This is what the election is going to be about.
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Guys like Romney are good at taking money away from a large number of other people and putting it into the pockets of a few. That's not the same as maximizing economic opportunities for the greatest number of people. The two are almost polar opposites in practice and in theory.
Romney's version of capitalism will ultimately result in a society that resembles feudal Europe, with corporate management in the place of nobility and workers permanently tied to jobs by health care and fear of job loss taking the place of serfs.
Romney's self-enriching strategy cannot work on a large scale because it's a basically a pyramid scheme based on taking advantage of other people. Romney has never actually done anything but take other people's creations and either increase their efficiency or destroy them to milk as much profit as possible from them, always concentrating more wealth in fewer hands.
As such, Romney's background will only serve to exacerbate the problems that are dragging the economy down, which is basically income inequality that inhibits consumer spending by taking money away from the many and giving it to the few, which inhibits demand, which inhibits corporate expansion, which inhibits job growth, which inhibits consumer spending: the inevitable death spiral of Romneynomics.
How many CEOs have Republicans backed in the last 40 years? Remember Steve Forbes - he didn't get very far. So who are the Republicans obsessing on the idea of a CEO as President?
Not to mention that most Republicans weren't (and aren't) enthusiastic about Romney; and that Romney is also a former governor (rather than State and US Senator).
What makes such dumb shit pour out of your head?
So Obama's strategy is to see how much money he can waste instead in attempts to buy voter loyalty with pork projects and handouts?
It is true, Obama can't make money as a private equity investor - but he sure can rake in the campaign contributions from them.
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