Mr. Bain wants to bring his Cranbrook experience to the masses (Larry Downing/Reuters) When Mitt Romney launched his campaign last June, he said that it was his experience as CEO of Bain Capital that made him decide to run for president and promised to focus his entire campaign on creating private sector jobs. Now that Romney is the nominee, two things have happened. First, he's demonstrated that he is completely incapable of explaining why his Bain Capital experience is relevant to the presidency. Second, 1.8 million private sector jobs have been created'about 180,000 per month. To put that in perspective, during the eight years of George W. Bush, we lost an average of nearly 7,000 private sector jobs per month. Suddenly, Mitt Romney finds himself losing his key issue, resulting in him doing dumb things like promising a higher unemployment rate than under Obama.
Confronted with a new landscape, Romney on Wednesday gave a speech at the U.S. Chamber of Commerce to the Latino Coalition in which he aimed to shift the focus of his campaign to education policy. He followed that up on Thursday with an event at a West Philadelphia charter school. The visit didn't go very well, but there was silver lining: Mitt Romney didn't have to talk about the economy and he didn't have to talk about his private sector experience. And as the old saying goes, no Bain, no pain.
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