Romney’s Bain, Part 1

It seems like all the news is talk­ing about what Rom­ney did at Bain Cap­i­tal and whether it was good for the econ­o­my or not.

I feel like I have a lot of dif­fer­ent things to say about this, but if I try to put them all in one post, well, it would prob­a­bly nev­er get finished.

So to begin with, some­thing simple.

Newt Gin­grich has late­ly decid­ed that what Mitt did at Bain was bad for the coun­try. This is par­tic­u­lar­ly inter­est­ing giv­en that just a few weeks before, Newt was tak­ing cred­it for help­ing Rom­ney get rich.

I was part of (the late Rep.) Jack Kem­p’s lit­tle cabal of sup­ply-siders who, large­ly by help­ing con­vince (Pres­i­dent Ronald) Rea­gan and then work­ing with Rea­gan, pro­found­ly changed the entire tra­jec­to­ry of the Amer­i­can econ­o­my in the nine­teen-eight­ies,” Gin­grich said. “You could make the argu­ment that I helped Mitt Rom­ney get rich because I helped pass the legislation.”

So there it is, Newt flip flop­ping about the mas­ter of flip flopping.

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