I noticed yesterday that all the Romney surrogates were using the phrase Romney had no "no day to day involvement," or " no day to day decision making," or " no day to day responsibility" for Bain after February 1999.
I'm obviously not a CEO, President, Chairman of the Board, or even sole stockholder in a Fortune 500 company, but I wonder how many CEOs (with the possible exception of Steve Jobs) do a lot of "day to day" decision making in their companies. I assume they mostly keep up with the overall strategy of their business plan and operations and leave the tactical "day to day" decisions to someone else.
One thing I do know is that if I were the sole stockholder of a company, I would pay some attention to how the company was being run and let the "managers" know what I expected of them, no matter how busy I was "saving the Olympics." If Mitt Romney did not do that, he would seem to me to be an incompetent executive.
I hope that some newspeople will question Romney surrogates about what exactly "day to day" means and if he had ANY input into the business strategy Bain was pursuing during the period from 1999 to 2001. That is, of course, a hope, not an expectation. It seems to me to be the same sort of mealy mouth "technical" misinformation as saying Romney has released as many tax returns as Kerry did when he ran for President.
I will be leaving soon for the day so will not be available to respond until later. But since I did not see anyone else questioning the use of the "day to day" qualifier, I decided to post this anyway.