The EFM Feature

No, that’s not a character from The Grinch Who Stole Christmas. It’s an economically-illiterate presidential candidate about whom you might not have thought much lately, given his fortunes. Here’s his latest:

Republican presidential candidate Mike Huckabee criticized rival Mitt Romney’s past as a venture capitalist Thursday, saying some workers lost their jobs as a result.
In 1983, Romney founded Bain Capital, a firm that developed a reputation for turning around ailing companies and earned him millions of dollars. Asked about Romney’s experience, Huckabee said the former Massachusetts governor’s success came at the expense of workers.
”If that’s the turnaround, a lot of Americans would not want to see their lives turned around like that,” the former Arkansas governor told reporters before running with a group of supporters about four miles along sun-drenched Fort Lauderdale beach.
Romney defended the takeovers during a Fox News interview on Sunday: ”We grew jobs quite dramatically in many settings. But oftentimes, when an enterprise is in real trouble, you have to try and cut back to save it.”
The experience made Romney better suited to lead the country out of its economic slowdown, Romney spokesman Eric Fehrnstrom said Thursday.
”Hard decisions had to be made, but the goal was always to restore fiscal health,” he said.

About Charles Mitchell

EFM's resident Yankee, Charles Mitchell, works in the non-profit arena in his native Pennsylvania. He and his wife, Charissa, live near the state capital of Harrisburg with their daughter, Adeline, and are members of a congregation of the Presbyterian Church in America.

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