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Businessmen Aren't Good Presidents

Yet Romney wants biz experience to be required: Timothy Egan

By Matt Cantor,  Newser Staff

Posted Jun 1, 2012 1:48 PM CDT

(Newser) – Earlier this week, Mitt Romney applauded a store owner's idea: The Constitution should be amended to require presidents to have three years of business experience. The idea—little discussed amid Trump-centric headlines—speaks to a fantasy that's demonstrably inaccurate, writes Timothy Egan in the New York Times. Businessmen don't necessarily make great presidents; in fact, some of history's worst presidents have been businessmen, while the best have no experience in the field.

Such an amendment would rule out both Roosevelts, John F. Kennedy, and Dwight Eisenhower—not to mention Ronald Reagan. In fact, six out of 10 of the best presidents, according to a survey of scholars, wouldn't be eligible for the job. Meanwhile, two of the worst presidents in the same survey, Herbert Hoover and George W. Bush, were businessmen. As for Romney himself, his Bain experience didn't equate to job creation as governor: Massachusetts was 47th in the union in job creation under Mitt. On the other hand, Bill Clinton—not a business guy—was "the biggest job creator of modern times." Click through for Egan's full piece. Or click here to read about Clinton's praise of Romney's Bain days.

Former President Herbert Hoover.
Former President Herbert Hoover.   (AP Photo)
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COMMENTS
Showing 3 of 139 comments
Just_Dave
Jun 2, 2012 6:30 AM CDT
Wow.  An obvious hit piece with a ton of misinformation sees the light of day at Newser.  What's even better is the raging debate.  It's like they wanted to misinform and enrage.
Johnny1958
Jun 2, 2012 6:26 AM CDT
Obama is doing exactly what FDR did, and we are repeating history.   FDR prolonged the depression by his FAILED stimulus policies, raising taxes on corporations, his Socialist policies.   So, if you liked FDR you will love Obama. 
stansmit
Jun 2, 2012 12:18 AM CDT
By setting tax policy...the president can have an effect on economic growth...or the opposite. Raising taxes has NEVER gotten someone to hire...or be hired.
 

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