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Romney knows how

Nick Hemenway

Issue date: 1/24/08 Section: Opinion
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With fewer than two weeks left until the daunting Super Tuesday, the field of presidential candidates is narrowing. Similarly, the topics discussed seem to be honing in on one central topic-the economy.

Although you could ask ten economists about the state of our nation's economy and get ten different opinions back, we all can agree that we need to take steps to steer our economy in the right direction.

With high energy prices and the housing market in the bottom of its cycle, investors are fearful a recession may be on its way.

As can be expected, each presidential candidate is frantically trying to convince the American public that they have all the answers, or at least enough to gain their votes.

The way I see it, there is only one front-runner that I know can successfully steer our economy, and that is Mitt Romney.

Romney is the only candidate with substantial experience in the business world.

He founded one of the most successful venture capital companies, Bain Capital, which helped companies such as Domino's Pizza, Staples and Sports Authority find the success they enjoy today.

Romney returned to Bain & Company, Inc. when he was asked to rescue the company from financial collapse in 1990. Within one year, Romney created a complete turn-around and led the company to profitability without layoffs or partner deflections (American.com).

In 1999, Romney was hired to head the Salt Lake Olympic Games which faced a $379 million operating deficit and was entangled in a bribery scandal. Mitt was able to erase the deficit and successfully lead the Olympics just months after the Sept. 11 attacks rocked our nation's foundation.

Mitt brings a business prowess unlike any other candidate, something we need to stave off a recession. Our government should be run like a business, efficient and effective.

On Saturday, Romney released his proposal for an economic stimulus package via his campaign Web site. His proposal focused on two major elements, relieving the financial burden on taxpayers, and helping businesses expand.
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