Super PACs and Their Destructive and Divisive Domination of the 2012 Presidential Campaign
Doug SchoenContributor
The debate over Bain Capital and its ventures — how many jobs were lost vs. how many jobs were saved at companies they acquired and who profited — is absurd and makes no earthly sense.
Put simply, for the Obama team to increasingly make Mitt Romney’s tenure at Bain Capital a focal point of the campaign misses the larger and more important point that private equity plays an integral role in our capitalist economic system.
Not only is private equity part of capitalism, it is key to sustaining businesses in order to protecting jobs – much less creating them.
The last thing our country needs right now is a presidential election that is fought over Bain Capital.
The 2012 presidential election should be fought over the future.
The questions that we should be asking are: Which candidate is going to create jobs in the future? Which candidate has a tangible and comprehensive plan to stimulate the economy? Which candidate is going to balance the budget? Which candidate will restore American competitiveness?
ampad_poster from Romneyeconomics.com
To have the candidates debating the past endlessly and seeking to foist blame and point fingers, rather than debate solutions for the future speaks to why we are a nation on the decline.
Why is it that we as a nation cannot have a dialogue that is worthy of distinction?
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