The Romney campaign has been saying that only a successful businessman knows how to create jobs. Let’s forget for the nonce that during his tenure at Bain Capital those leveraged buyouts usually wound up cutting jobs and while Governor of Massachusetts they were 47th in job growth.
If you think about it the whole notion is silly. CEO’s create jobs by increasing demand for their goods or services. Presidents create jobs by policies that enable an increase in demand for the goods and services that CEO’s companies provide.
Peter Lynch, the stellar mutual fund manager, wrote in his book One Up on Wall Street that your should invest in companies that a monkey could run, because eventually one will be running it. Good reason to question the notion that only a successful businessman can create jobs as president.