Get Political Wire by Email:



May 22, 2012


Stockman Says Romney Didn't Create Jobs

Former Reagan budget director David Stockman went off message on Fox News while commenting about Mitt Romney's business experience.

Said Stockman: "I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits...All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size."

Here's the video:












POLITICAL WIRE PODCAST

Political Wire Podcast Engaging conversations about elections and the political issues of the day. Subscribe via iTunes or RSS to get episodes automatically downloaded.



FREE NEWSLETTER




TRENDING VIDEO







PARTNERS










FOLLOW US