Former Massachusetts Governor Mitt Romney touts his business background and experience as a plus in his race for the Republican Presidential nomination. Many people take him at his word, but is that a good thing?
Historically, the answer is a resounding NO!
Who are the Presidents with a business background?
Two precisely, Herbert Hoover (1929-1933) and George W. Bush (2001-2009).
Isn’t that enough information all by itself?
Both presided over the WORST economic collapses in American history, Hoover with the Great Depression, and Bush with the Great Recession.
Hoover was, by far, the smarter and more talented and creative of the two, but still the business background was of no help at all in the Presidency.
The point is that business is NOT the same as government, and never will be. Business is NOT the right background to run a government, as the needs of people are vastly different than the need for profits.
So, business background and the Presidency do not mix well, and it will not insure that Romney would have a successful Presidency and revive the economy!