Can a businessman-president turn this country around and save its economy? That’s the question people are asking about presumptive Republican nominee Mitt Romney. President Obama has answered firmly in the negative. “When you’re president,” he’s said, “your job is not simply to maximize profits” but to make sure “everybody in the country has a fair shot.” Others say yes–including, it seems, former president Bill Clinton, who has cited Romney’s “sterling” record at Bain Capital as firmly qualifying him for the White House.
So can a businessman save America? Well, 70 years ago one did–ironically, under a Democratic president.
Read Full Article »