GOP presidential candidates all agree that Washington is broken and needs fixing.
The ballooning federal deficit, Congress' reckless spending and borrowing, and the bloated size of government are popular themes on the campaign trail.
The simple anecdote to what ails Washington is to employ the same business principles that former Massachusetts Gov. Mitt Romney mastered at Bain Capital as a venture capitalist - ironically the very credentials under attack by two GOP rivals.
Former Speaker of the House Newt Gingrich and Texas Gov. Rick Perry have denounced Romney as an unscrupulous vulture who put profits ahead of people. As CEO of Bain Capital, Romney used investor funds to rescue struggling businesses and return them to profitability. When Romney was successful, about 70 percent of the time, jobs were preserved or created. When Romney was not successful, jobs were lost.
Imagine if Romney "Bained" Washington, scrutinizing each federal department and agency and implementing practices to run the government simpler, smarter and smaller. When the benefits of an agency or department failed to justify the costs, it could be eliminated. Applying the Bain method to the federal government would result in the loss of many jobs, but would ultimately reduce the immense, expansive waste in Washington and return the fiscal responsibility needed to improve our struggling economy.
The country desperately needs Romney's skills at the helm so he can work his "Bain" magic and return the country to her former glory.
The ballooning federal deficit, Congress' reckless spending and borrowing, and the bloated size of government are popular themes on the campaign trail.
The simple anecdote to what ails Washington is to employ the same business principles that former Massachusetts Gov. Mitt Romney mastered at Bain Capital as a venture capitalist - ironically the very credentials under attack by two GOP rivals.
Former Speaker of the House Newt Gingrich and Texas Gov. Rick Perry have denounced Romney as an unscrupulous vulture who put profits ahead of people. As CEO of Bain Capital, Romney used investor funds to rescue struggling businesses and return them to profitability. When Romney was successful, about 70 percent of the time, jobs were preserved or created. When Romney was not successful, jobs were lost.
Imagine if Romney "Bained" Washington, scrutinizing each federal department and agency and implementing practices to run the government simpler, smarter and smaller. When the benefits of an agency or department failed to justify the costs, it could be eliminated. Applying the Bain method to the federal government would result in the loss of many jobs, but would ultimately reduce the immense, expansive waste in Washington and return the fiscal responsibility needed to improve our struggling economy.
The country desperately needs Romney's skills at the helm so he can work his "Bain" magic and return the country to her former glory.
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