Mitt Romney Candidate for President
Mitt Romney as President should please America’s businessmen and corporate executives. After all, he has impressive credentials as being a highly successful picture perfect corporate executive.
Mitt Romney received his B.A., with highest honors, from Brigham Young University in 1971. In 1975, he was awarded an MBA from Harvard Business School, where he was named a Baker Scholar, and earned a J.D., cum laude, from Harvard Law School.
That’s a good start to become part of boardroom America.
From 1978 to 1984, Mr. Romney was a Vice President at Bain & Company, Inc., a leading management consulting firm.
In 1984, Romney founded Bain Capital, one of the nation’s most successful venture capital and investment companies. Bain Capital helped launch hundreds of companies on a successful course, including Staples, Bright Horizons Family Solutions, Domino’s Pizza, Sealy, Brookstone, and The Sports Authority.
Bain Capital has an outstanding track record as a venture capital firm earning triple digit returns a year for its partners. Mitt Romney knows a thing or two about American style capitalism.
Elected as Governor of Massachusetts in 2002, Governor Romney managed over a dramatic reversal of state fortunes and a period of sustained economic expansion. Without raising taxes or increasing debt, Governor Romney balanced the budget every year of his administration, closing a nearly $3 billion budget gap inherited when he took office.
Mitt Romney is a proven businessman as well as an effective manager in the public sector.
So what is the uncertainly about Romney’s campaign? It’s certainly not his ability to raise money.
He is ahead of the other Republican candidates in the polls, and his business connections have him leading the Republican fundraising race by banking $23 million in the first quarter.
“We do employ models of business efficiency,” explains Kevin Madden, Romney’s campaign spokesman. “The governor’s leadership style sets an example for how the campaign operates … Rather than sticking to the old campaign models of ’spending money,’ instead we look at how we can invest our resources to yield a greater return.”
Ahhhhhhh. That may be Romney’s weak spot. He appears to be the perfect candidate for corporate America but his style may not turn on enough American voters to carry him to the White House. Unless you are a business person and speak the language of business you may not even understand what Romney is talking about.
Of course, Romney by being a Republican is already carrying huge undesirable baggage courtesy of George W. Bush.
Romney probably would make a very good President. He is a smart, very capable, knowledgeable guy.
But will he be able to connect with the American voter? That is the big question as Romney continues with his campaign.
Unfortunately for America, and perhaps Mitt Romney, the American race for President has become more of an expensive popularity contest, kind of like American Idol, than an important to America and to the world contest to place the most qualified man or woman into office.
