I am son of former Michigan Gov. George W. Romney. Graduated from Brigham Young in 1971, then earned a law degree and an MBA from Harvard. Went into management consulting with Bain & Company, where he eventually became CEO. In 1984, he founded private equity firm Bain Capital that now manages roughly $65 billion in assets. In 1994, ran as the GOP nominee for a Massachusetts Senate seat but lost to Democrat Ted Kennedy. Served as President of the Salt Lake Organizing Committee for the 2002 Olympics in Salt Lake City. Elected governor of Massachusetts as a Republican in 2002, where he signed a health care overhaul mandating that every individual carry health insurance or pay a fine. Ran for the GOP’s 2008 presidential nomination, but lost to Sen. John McCain.
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Whether it’s a self-assessed ‘incomplete’ grade on the economy or false suggestions that Americans are better off under his leadership, President Obama couldn’t be more out of touch with the middle class.
After four years of declining incomes, fewer jobs, skyrocketing prices, and chronic unemployment, it’s clear that Americans aren’t better off.