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Thread: Stockman Says Romney Didnt Create any Jobs

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    Havakasha is offline
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    Stockman Says Romney Didnt Create any Jobs

    May 22, 2012

    http://politicalwire.com/archives/20...s.html#048070a
    Stockman Says Romney Didn't Create Jobs
    Former Reagan budget director David Stockman went off message on Fox News while commenting about Mitt Romney's business experience.

    Said Stockman: "I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits...All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size."
    Last edited by Havakasha; 05-23-2012 at 02:30 AM.

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