As someone who spent a career on Wall St, I can assure you that there are plenty of raiders who know how to butcher companies for quick profit in ways that are not productive, constructive, or humane. It is usually a matter of choosing short-term profit over long-term commitment (even when the long-term means potentially higher profit and certainly higher employment).
Well if these other companies you speak of had a better use for the assets they would have had a better offer than Bain.
You stated the point exactly. Creating corporate profits is not the same as building an economy. I have spent my career with some of the biggest multi-national corporations in the world, and after many years of restructurings, sell-offs, layoffs contract cancellations and on and on, I learned years ago that I could not put my family’s and my own financial security in the corporation’s hands. That is why I also started a small business 14 years ago and grew it in parallel to maintaining my corporate job. I have been in a situation last year where I nearly had to choose keeping my corporate job and relocating in a risky situation, or insist on staying where I am and keeping my small business. I chose to stay with my small business. I don’t regret the decision - I luckily have been able to keep both for now, but the corporate climate is still not secure as opposed to the forecast for small business.
Prof. Art Laffer is one of the greatest if not the greatest economist of our time. He is with Newt because he knows that Newt understands how to grow an economy as opposed to what you talk about - short-term profit. There is a very big difference here and we need the candidate to create confidence at the working level, not scare them with corporate slashing that feeds instability in local and national economies.