Romney: Not All Businesses Succeed

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Asked about his record at Bain Capital, Mitt Romney that “not every business succeeds.” But, rather than a weakness, Romney said this was part of the real world, and President Obama doesn’t know how the real world works: ‘I myself have had the chance to lead four organizations. In the real world, some things don’t make it. We closed factories and jobs to save the business. I’ve learned the lessons of how the economy worked.’

If Romney wins the nomination, this is, as he said himself, how he will counter attacks about his record as a venture capitalist.

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