CAN A BUSINESSMAN FIX THE ECONOMY? The Week. June 15,2012. Does America need a CEO in Chief? Bain Capital, Romneys private equity firm, made rich investors richer by buying struggling companies, laying off workers and driving the company into the ground. Romney economic didnt work in Massachusetts and it wont work now. Massachusetts ranked 47th out of 50 states. His four year in Massachusetts are a gaping hole to Romneys resume. Its true that Massachusetts lost manufacturing jobs under Romney from 2003 to 2007, but the states employment figures had been to free fall for two years before he become Governor, and the average annual rate of loss lowed every year doing his tenure, (isnt that he same as Obama claiming that he inherited a failing economy from Bush when he took office, that he has been attacked for?) Timothy Egan; A business background is more often than not a prelude to a disastrous president. Our economy has boomed under presidents that had no business experience at all, including Franklin Roosevelt, Dwight Eisenhower, Ronald Reagan and Bill Clinton. Businessmen Herbert Hoover and George W. Bush gave us the two worst financial crises in history. the less experience in business , the better the president. Romney has already revealed what he would do to revive the economy if elected cut taxes for the rich by 20%, deeply cut domestic spending for the needy under Paul Ryan radical path to prosperity program. If you believe in trickle-down economics, Romney is your man.