Mitt Romney's Management Magic

Romney's schtick for this election is clearly going to be that having worked in the private sector, he knows how to create jobs.  


I almost believe it.  I'm sure he created jobs at Bain Capital.  But then he ruins the whole thing by saying that that's why we need to elect him president so he can go ahead and create jobs for America.  (I paraphrase.)

Really?  That was Mitt Romney's idea of how jobs get created?  You have to wait until the president comes and sprinkles his magic pixie dust on the economy?

This doesn't sound like the sort of wisdom that should make anyone as rich as Mitt Romney.
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Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

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