Imperial say-so substituted for economic know-how, but met with little success.
Mr. Romney, a former governor of Massachusetts and a private equity executive at Bain Capital, has based his campaign on his economic know-how and business acumen.
At a rally in Toledo, Mr. Romney hammered President Obama's leadership and argued that the Republican Party must nominate someone with the experience and the economic know-how to turn around a nation at risk of losing its way.
But in order to make his case, Mr Wallace-Wells also oversells Mr Romney's role in making the economy "more productive, nimble, and efficient", thereby inadvertently reinforcing the key claim of Mr Romney's campaign: that he alone has the economic know-how it takes to get America back on track.
"His economic know-how and experience, coupled with his passion for all things Norwich City, will be a major asset for the Board and we're excited about working closely together with Ed, David McNally and the other Directors in this new era for the Club.
Here, the output of economic know-how will be a high-quality and sustainable economy, but in fact, the special know-how which the economic system implies now, is probably a new harmony of human beings with nature" (Barth [2011a], p. 8).
So while Romney and his ilk get rich, the supposed beneficiaries of his economic know-how barely get a livable wage, and he thinks we should thank him for it.
If you're lucky enough to secure a credit line in this nasty economic environment, you better know how and when to use it.
"In this economic climate, I don't know how that bill could pass," Mr. Segall said.
Steve Jobs, Apple's CEO, said "We don't yet know how this economic downturn will affect Apple.
