Has anyone crunch the numbers?
Rmoney continued to stress his record at Bain. He WAS claiming 100's of 1000's of jobs he "created". I think he has now lowered that to 10's of 1000's.
The Democrats point out the firings, closings and out sourcing after a business was purchased by Bain.
But, when the ultimate question is asked, when all is said and done, is Rmoney's record positive or negative. I haven't heard a clear answer.
Even on NPR which usually is not partial the answer is "who knows" it is too complicated to figure out because there are variables which are not measurable, e.g. if a business would not have been purchased would it have closed sooner, or even more lost their jobs, if Rmoney would have not fired, closed and out sourced like he did could he have still saved any businesses. What if someone else provided the capital without such demands for profit, what about allowing the employees to purchase the businesses?
Don't get me wrong, I feel Private Equity Firms are the leaches and vultures of the business world.
And, I personally feel Bain did more harm than good. Further more even if one feels Bain did some good, for that to be Rmoney's record which he is saying he can "fix" America's economy it won't work. You can't fire the state of Mississippi, and close the state of Alaska, out source Florida to the Caribbean.
That said.
Has anyone really crunched the numbers so that with empirical data, it is known once and for all, Bain did good or bad.
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Remember Romney's Record on Job Creation, it's the same as every other Republican,
-dismal-
see also: http://bureaucountydems.blogspot.com/p/job-growth.html
