Cory Booker?s Real Mistake

In a press conference Monday, President Obama said he was not attacking venture capitalists but Romney's specific stewardship. (Good thing, too, since venture?capitalists?whose companies sometimes fail donate to his campaign.) The president?s position raises legitimate questions?all of which Romney has been mum about answering. Romney has asserted that business experience will make him particularly qualified to be president at this moment, but what does that mean? Does it mean he knows how to create jobs, which everyone seems to think is the signature issue of this election? That wasn't really Romney?s precise job.?His job was to maximize profits. He was very good at it. Bain even made money when companies collapsed and people lost their jobs, but his career shouldn't be defined by the things that went wrong any more than the president should be defined by the failure of Solyndra. Bain recently released a statement defending itself after the Obama campaign highlighted the losses at another plant once owned by the company: "Despite political attacks that emphasize the few companies that have struggled, the facts are that during Bain Capital?s ownership, revenues grew in 80 percent of the more than 350 companies in which we have invested.? Booker agreed:?"If you look at the totality of Bain's business, they've done a lot to grow business and support business."

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