Think of Bain as this your company will be out of buisness at the end of July and your 250 employees will be unemployed. You call Bain they come in and say will give you $1 million but we need a game plan on how you're going to get this company back on track. They review your plan and revise it some and you get a check. Now maybe your companys plan was to buy more efficient equipment and lay off 50 people. Bains plan was lay off 20 people and only buy half the equipment now and half once things turned around. Sure you had to layoff 20 but it was better then 50 and way better then 250. But Bain gets blamed for 20 job losses not saving 230. Now if you company is like Kodak who refuses to change and grow with technology then you get left behind and drive yourself out of buisness. If that company turns it around and they grow then they hire 20 people plus maybe another 50. But the free market decides what it wants to purchase and if your making good and desirable products like an ipod then you succed but if youre still making VCRs or Chevy Volt things that no one is buying the you go out of buisness. In the USA you have the right to the pursuit of happiness, success is not guaranteed but you have better shot here then most of the rest of the world.

Thanks Beth.

I agree Beth. I was waiting for the big slant to come. Nice to see someone has journalistic integrity! ! Cheers to Akasha! Keep up the great work, we need more like you.

Sorry James but you are so wrong there, obama preaches entitlement, Why should the money that I worked hard for since I had a job at the age of 16 go to support you and obama followers. I never owed a credit card that people go spend money that they don't have on items that they can't afford. I didn't tell you to go buy a 200,000 home on a 30,000 a year salary and got a balloon mortgage payment. Maybe you all should go watch Suzi Orman show on Saturday night or go read on her website http://www.suzeorman.com/ and learn about finances. obama blames George Bush for everything but when George was President I didn't hear from him in every speech that it was Bill Clinton's fault. Obama won't take any responsibility for the mistakes he makes and tries to pass them to Bush. Sorry but your not entitled to what I made from my job, investments, and everything else I have. When I put my children though college, I worked 2 jobs so that they were not stuck with student loans when they got out of college and they were not eligible for free money from the government. You want more in life, go get a second job and quit blaming your problems on everyone else.

Hey Just Me,

Bill Clinton left George W with a surplus. How soon we forget? You have a lot to learn. Especially about the big banks and corporations who run this country. A president doesn't "create" jobs. A lot more goes into it. People who are in the middle class, as you seem to be, are voting against themselves voting Republican. You've sipped too much of their kool-aid. Also, so many use any and every far-fetched reason to be anti-Obama, except the real one - he's black.

paula m, no i'm not middle class at all, it is my taxes that are going to be paying for welfare obamacare for millions of more people. Unlike you I own a business and now will have to lay off between 8 and 10 people, something that i'm not happy about either, so get off your high horse as you don't know anything about me.
Lets play the race card, as I wouldn't care if his skin color is purple, blue, green, pink, that has nothing to do with it. It was the white people that put him in office don't forget that.
Why didn't Clinton do anything about their being an attack on American Soil? He knew a year before he was out of office what Bin Ladden was planning but chose to ignore it? Obama has not done anything for us other than create 322,000 jobs. How many jobs did we lose since obamacare been voted in? obamacare is just going to add more taxes onto people and what is going to happen when your forced to pay for insurance and the companies raise it and you can't afford the payments. You going to quit feeding your family, or not pay for your utilites, or your rent to pay for his health care? I know your one of the ones on welfare that collect foodstamps and free medical now. IT IS YOU DEMOCRATS THAT DRANK TO MUCH KOOL-AID AND ARE BRAINED WASHED BY OBAMACARE

it's all about me. no community. no sense of the collective good.
THat is why our nation is going to hell in a handbag.

justme where have u been,,,CHINA ..THAT'S WERE HE SENT JOBS and wants to take medicre,vet care,healthcare,poorcare,ssi and u r saying he impessed u----- where have u been .....CHINA...U must belong to the TEA PARTY GROUP THEY HATE THE U.S.A.They don't want ssi,vetcare,healthcare,coalcare.steelcare,medicare and help the poorcare and U.S.A.CARE.

And Bain had an 80 percent success rate at turning them around. Not a bad track record.

Tom they are so clueless on Bain Capital. There were so many jobs saved by Rommey that they companies would of folded and put millions out of work, but people are too stupid to go and actually read about the company.

20 Year Resident, I did go see obama in 2008 and all he did was lie to us on what he was going to do to save America, so why would I want to go waste my time this election and hear the same lies that he shoved down our face the first time and did nothing. He has only created 322,000 jobs since he has been elected President, that is a far cry from the 15 percent of people that are out of work and not being counted because they don't receive unemployment anymore.

Come on JustMe, don't be so hardnon the guy running the country that has never even ran a lemonade stand. He thinks like his followers do just show up and get paid top dollar cause you exist. My dog has more experience making money then he does. Socialism is fantastic til you run out of other peoples money! He keeps bashing people who work and make money, what happens when we stop working and paying taxes, then how will all of his followers on govt teet be able to buy those hdtvs? Hide those government checks under their work shoes and they will starve to death.

b smith i'm with you on that, obama can't donate more than 10,000 a year to charities but expects us to foot the bills for people that overspend,don't want to work and think they have entitlement. I'm about ready to go join the Amish church so that I won't have to pay taxes on health care tax if I choose not to purchase health insurance. What would happen if every rich American joined the Amish religion and didn't pay towards obamacare, couldn't be taxed on not having insurance, obama would be in a boat without a paddle to pay for his healthcare reform. What about if all the rich take their money and invest in off shore banks and don't pay taxes on their money, again obama would be in a boat without a paddle and won't have anyone to pay for his health care for the poor.

I hope and pray every night that obama is voted out of office in November.

Excuse me Mr. 20 Year Resident, what does seeing Obama in person have to to with someone's statements? You know, they have these things now a days called televisions. They are amazing. You can watch and hear everything as if you were there. I don't need to see Obama in person to know that he is trying to fundamentally change this country to a Socialist utopia. The words I hear him speak on the tv are good enought for me.

If you want to open your arms and wallet to the Socialist utopia Obama is trying to sell, then go right ahead. That doesn't make those of us who want to live in a Capitalist society racist.

Sorry but when Bush was President, the Democrats ran the House and Senate so don't blame this on the Republicans. You have to blame the Democrats also.

Airdoc - very interesting take on the stats. Try these -
unemployment rate when Bush took office - 5.7
when Bush left office - 7.8
when Obama took office - 7.8
now - 8.2
Not good either way, but who's done better?

You seriously wanted to bring up the Dow?
Dow when Bush took office - 8600
Bush left office - 8200
when Obama took office - 8200
now (6/29) - 12,000

I would argue that the Dow isn't a good indicator of how the actual people of the country are doing, but since you brought it up.

JS you need to check your facts again and back up what your saying because what you posted is all false information. Where is your proof in what your saying?

Your right JS it isn't the governments job to make money, they just print it when ever they feel like it or tax to death the people or companies that make it. And when all else fails blame fox news the only news that will have someone from both sides debating the issue. Also if a company can't make money it should go out of business instead of waiting for a hand out from the taxpayers. I have never received a good paycheck from a poor person or failing company.

Well JS, I see you get your so called FACTS from the Obama TV adds, which we all know are just so accurate, because Mr. Hope and Change would never tell a lie.

Once again, it turns out that the Obama ad touting your "FACTS" aren't really factual. Oh, there's a surprise. Apparently, the so called FACTS exclude self employed people. How bout that.

Let me give you the real facts. The Massachusetts unemployment rate FELL, yes, you read correctly, FELL steadily during Romney's term.
http://articles.boston.com/2012-07-10/opinion/32605367_1_romney-years-romney-record-job-creation

And as for the offshore accounts. Once again, your so called FACTS, or should I say NOT FACTS are wrong. The offshore accounts are legal and all taxes have been paid. Since Obama's record sucks, big time, the dems have to imply Romney's a tax cheat when he isn't.
http://www.nydailynews.com/news/election-2012/romney-blind-trust-holds-offshore-accounts-hiding-article-1.1111143

Why don't you read about Pelois's offshore accounts, that extoll the virtues of outsourcing . . go figure.
http://hotair.com/headlines/archives/2012/07/11/offshoring-pelosi-made-millions-on-investments-in-asia/

And then there's Debbie Wasserman Schultz, another DEM, who happens to have offshore accounts too, and apparently her parents are tax evaders, who actually went to jail.
http://www.examiner.com/article/is-dnc-s-debbie-wasserman-schultz-being-hypocritical-on-romney-s-tax-returns?cid=CommunityPacific

Isabella, you forgot about the Clinton's that have off-shore accounts too. I wouldn't be surprised if obama has them also, hidden under his family members names. BTW, how many of obama's relatives in the US illegally, lets start counting them.

Where are all the sources to back up the information on the website you posted. Also did you read the comments that are posted under there. About CAP Action

Who We Are

The Center for American Progress Action Fund is an independent nonpartisan education and advocacy organization dedicated to improving the lives of Americans through ideas and action. We are creating a long-term, progressive vision for America—a vision that policymakers, thought-leaders, and activists can use to shape the national debate and pass laws that make a difference.

Our mission is to transform progressive ideas into policy through rapid response communications, legislative action, grassroots organizing and advocacy, and partnerships with other progressive leaders throughout the country and the world.

The president of The Center for American Progress Action Fund is Tom Perriello.

Since Obama took office in January 2009, there has been a net loss of 1.7 million jobs.

Sources to back up the info is right under the chart - Bureau of Labor Statistics. Look it up. The chart is from government statistics, if you don't like the rest of the website, don't read it. If you don't like statistics, I don't know what else to say.

As you can see by the chart, the net loss has been in the public sector, which all Republicans want to cut to the bone. He and most Republican governors are only doing what the right wing wants done anyways. Bush increased public sector jobs, something I would assume you'd be against.

Private sector jobs have increased since Obama took office.

JS they only count the people that are getting unemployment. When you count the people who's unemployment ran out it is up over 15% good job obama.

JS there has only been 322,000 jobs created under obama, how many millions of people lost their jobs under him because they got laid off because of obamacare

JS, I see you actively follow the Democrat philosophy of "it you tell a lie enough times, it eventually becomes the truth". Well my friend, those days are over. The Libs aren't in complete control of the press anymore, thank God! As I said before, the unemployment rate fell steadily during Romney's term. The information in Obama's ad is wrong. You are the one who needs to get a grasp on reality.

If you want to ride on Obama's train to a Socialist utopia go right ahead, don't forget your pocketbook.

And fyi, this is for both you and Paula M, yes Clinton did leave the economy in good condition when he left office, however, both of you conveniently forget that the last 6 years of Clinton's term the Congress was run by Republicians, both the house and senate. That's right. In fact, the only reason Clinton won a second term is because he was forced to move to the right during the end of his first term. Can we say Clinton's Welfare reform.

The Dem controlled congress, both the house and senate, during last 2 years of Bush's term and the first two years of Obama's term. You can't have it both ways, praising Clinton when the Republicans controlled Congress, then blame the Republicians when they have only held the house for the last 1-1/2 years during Obama's term. But, that is so typical of you Libs that are following Obama to his Socialist utopia. This is Obama's economy, not the Republicians.