David Brooks Thinks that Romney and Bain are About Efficiency

Yes, that is what Brooks told readers. His column today mourns the fact that Romney and Bain are being blasted for being capitalists. He then tells readers:

"Romney is going to have to define a vision of modern capitalism. .... Let’s face it, he’s not a heroic entrepreneur. He’s an efficiency expert."

Brooks is certainly right that Romney is not a heroic entrepreneur, but it doesn't follow that he is necessarily an efficiency expert either. The private equity folks like to tell stories of how...