David Brooks Gets Private Equity Wrong for the Team

It's clear that the impact of private equity on the economy is going to be one of the central issues in the presidential race given Mitt Romney's boasts about his performance as one of the partners in Bain Capital. President Obama and others have pointed out that private equity firms often leave large numbers of laid off workers and bankrupt companies in their wake.

To counter this image, David Brooks picked up the cause. He used his column to tell readers that private equity firms turned aro...