KRUGMAN OP ED AT TRUTH-OUT.ORG

Paul Krugman: A Nation Is Not a Business

Wednesday, 25 July 2012 00:00 By Paul Krugman, Krugman & Co. | Op-Ed

“President Obama gets this exactly right: “When some people question why I would challenge [Mitt Romney’s] Bain record,” he told CBS News on July 13, “the point I’ve made there in the past is, if you’re a head of a large private equity firm or hedge fund, your job is to make money. It’s not to create jobs. It’s not even to create a successful business — it’s to make sure that you’re maximizing returns for your investor.”

“A country is not a company — and it’s definitely not a private equity firm.”

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