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The hour Democrats have tried to -- Mitt -- days of being capitalized.
Greed driven -- last night the Republican presidential nominee made no apologies for his hard fought success.
What is needed in our country today is not complicated -- profound.
Doesn't take a special government commissioned and tell us what America needs.
But America needs is jobs and lots of jobs.
Mitt Romney -- a year when it comes to his his experience -- a sound man has known since work with them since 1983.
And gave a million dollars to his campaign he was hired at Bain Capital for no money.
And wrote -- bestselling book called unintended consequences play everything you've been told about the economy is wrong Ed Connor.
Former colleague of Mitt Romney how do you think you but he did last night.
I thought it did great I thought he had the right emphasis switches.
He talked about Bain Capital but he emphasizes.
The compassion he has an -- that he has that goes behind the business career that made thinking you've been asked to defend and define what being capital did -- the -- -- kind of sat on the sidelines and and his opponent president states has been going -- with the super back and everything else.
Last -- was the first time -- started laying out what he's done for companies and what he tried to do for others.
Yeah I think all summer I've been saying this is the time he should wait until what -- the fall I think people don't.
Don't realize that did the vast majority of -- capital companies weigh more than 80% were highly successful group two and a half times faster than the S&P 500.
At a hundred billion dollars of revenue clearly jobs were created underneath that.
-- how it started.
We decided to take a chance leads in Michigan go start this business -- just ten people they did not know how it's gonna come out.
Yeah I think -- did admit walked away from a very important.
Big business career that he had -- Bain consulting the start Bain Capital certainly would have been early in his career as well would be the defining.
Accomplishment in his career he would need to be successful or not.
And I think that had obviously a big impact on the rest of his life -- the campaign is putting -- this website now called sterling business career dot com.
Quote so the American people -- more about governor Romney's business career.
This is a bit of a relief to a guy like you.
Who has to play defense in defining what happened with the steel company what happened with staples would happen with -- other companies yes.
Well I mean yeah sure I felt like -- play defense over the summer I'm expecting to see more offense now and I think when people dig into the vein.
Track record they're gonna realize just how successful.
Bain was and it was and how thoughtful and carefully was managing that business does not forget -- isn't just one business.
Which may or may not be successful there's a lot of randomness it's a hundred different business as you can see.
The Romney management -- fact.
Over a hundred different businesses and how that averages out and how successful.
It really was relative to.
Competitors and relative to other people and -- and they -- -- -- one of the few people it would it would be close to the Romney's this week in and around different events -- their -- -- -- -- give me the governor's mindset leading up to the big speech.
I think that saved.
A lot of focus.
And who the swing voter -- who -- declining voter is and I think that's not the person that really wants that.
Hammer and -- defensive capitalism.
That's a person that's worried about their family about their children about their future about the future of America and what it's going to be like for their children when there.
In their careers and their thirty and forty years old working for their families and I think that really is that.
Bring that home and and make it not abstract so do you look in the next ten weeks for pushed back.
As the Obama campaign will come back and say this company failed the Cisco lost his job.
This woman in one case and that having cancer do you look for a direct push back a difference in tone.
I think some I hope this -- actually in the debate I wanna see in defense of capitalism in the debate with.
President Obama on one side and then on the other because I don't think it'll be yet a close call as to who the winner that will be the Mitt Romney also throughout this statement twelve million jobs that's our goal.
Reagan did get twelve million jobs -- four he did get 412 of these guys who was eight years.
And and there was only one other president.
They did that -- that number come from why do you believe that they could get there.
Well I think we're below full utilization in the economy what does that mean well -- deal unemployment at 8% of that -- we can bring that down to about 5% that you should expect that.
To occur at some point and were four for four years into.
Running well below the full utilization of the economy so somebody can get the business confidence up get the investments made.
We should expect to see.
Higher growth as we move back to the long term trend line that we keep hearing the big money's on the sidelines in this -- disenchanted with the president and his economic team.
But it almost seems like -- catch phrase we -- you know these people.
What could actually happen.
Could the economy Turbo speed if there's -- change in the White House oh yeah I think it businesses have confidence I think they can put a lot of money to work quickly I think you'd see a rebound in the stock market which would have a wealth effect that people would feel.
That they had more equity -- have more well so they'd be more willing to consume may be more willing to invest and take the business for a sec create.
Jobs I would expect that -- just from his election and it and it.
People say well that's his -- of course he's gonna say that who would economically that maybe even including your book.
He showed that shows everybody that you're -- is saying yeah well I think there's -- theory and economics called rational expectations of evil look forward in the future.
And they behave rationally based on what they see in -- DC.
Got the government expenses ran it eighteen to 20% historically you look at the CBO forecast that runs up to 24%.
Over the next five years I mean the next 25 years -- anybody look so -- says.
Unless we do something differently and make some very thoughtful and careful changes.
But that's a great business environment he had that we see the president fighting to avoid any changes.
The current president.
I think if you have somebody in there who says I'm gonna be careful and thoughtful about making the changes which will put the long term trajectory back where it needs to be where was historically which produce.
The success of the US but that's gonna lead to a lot of confidence today.
I'm sure Mitt Romney thinks -- Conner could hire Ed thanks so much -- I just on this says he -- thank you all right coming up straight.
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