The Bain Of This Campaign, Ctd

May 22 2012 @ 11:44am

Noah Millman weighs in on the Bain debate. Obama's strongest argument:

[I]f Romney’s “private sector experience” can be described as basically destroying healthy businesses to skim money for rich investors, then what does it mean to say he’ll bring that experience to bear in dealing with the economy, and with government? The obvious answer – intended by the Obama campaign – is that Romney will cut everybody’s benefits not to get the economy moving again, but to reduce taxes on the wealthy. That would be precisely analogous to what they are alleging he did at Bain: cut jobs not to save businesses, but to squeeze them for cash and then throw them away.