Yesterday, on NPR radio station that had a very good discussion about Obama and Romney and whether the fact that Romney being a former CEO is better equipped to run the economy as POTUS.
Romney says a lot that he was an ex-CEO and he knows how to create jobs yada yada yada. Well the panelist made a comparison of whether running a business and running a Government is the same and all panelist agreed that the similarities are only the same during good economic times.
For example being CEO and POTUS- you obviously have a budget, you have to bring in more money than you spend, you have expenses, revenue, etc. However, the panelist stated that being POTUS and CEO is far different during economic hardship and they agreed that Romney is sadly mistaken if he thinks that his experience as CEO would mean he can get the economy back in better shape than Obama. Remember, Romney is on record saying that if he becomes POTUS he will have UE rate down to 6% by the end of his 4 year term : http://www.huffingtonpost.com/2012/0...n_1539827.html so we are at 7.8% percent now and keep in mind with seasonal hiring for the holidays I would say come 1-1-13 the UE rate might be 7.5% so in 4 years Romney admits he will move that rate by 1.5%- and if my math is correct Romney by his own admission will move the UR rate about 0.03% each month. The interesting factor is that economist say by the end of 2016, the UE rate will be 6% no matter who is in office. By the way for Lexus Lover, IB, Marshall I mean ChoomCzar, Joe Bloe, COG and Whirlway- show me one economist that predicts the UE rate would have been substantially lower had McCain won or had Obama implemented some other programs. I can show you reports on how the Bailout and saving GM helped the economy.
So why are you Conservatives so overly hyped on Romney when Romney himself admits he will only have the UE rate to 6% in 4 years?
Back to the topic- when you are CEO and times are good everyone is happy. When you are CEO and times are bad-you can make drastic changes and your workers will have to listen. However, when you are POTUS in bad times do you think Romney is going to have success in going to Congress and telling them that they he wants things done this way or else...? Congress works for the people not the POTUS and in case Romney doesn't know he can't "fire" Congress members(Remember Romney: "I like the ability to fire people").
So if you guys are thinking that Romney will have this country in a better financial status because he was a CEO you are way off base. Almost, as crazy as saying that this country military would be so much more powerful and bitter had McCain won because McCain served so many years in the military. Being POTUS is a totally different ballgame.