Politics

Cain: My business experience ‘is much broader and much more extensive’ than Romney’s

Jeff Poor Media Reporter

One of the knocks on President Barack Obama’s administration is that there is a deficit of business experience within his cabinet and among high-ranking advisers.

That’s one point former Massachusetts Gov. Mitt Romney made in Ames, Iowa last week. Romney explained that he and former Godfathers Pizza CEO Herman Cain were the only two in the GOP field with “business experience.” However, Cain was less complimentary toward his competitor than Romney was of him.

Cain, in an appearance on “Your World with Neil Cavuto” on the Fox News Channel, explained why he is stronger than Romney on business issues.

“I agree with Mitt Romney that he and I are the only two that have real hard business experience,” Cain said. “But my business experience quite frankly, with all due respect, is that mine is much broader and much more extensive. He was in the capital investment business.”

“He had an opportunity to pick a business that he thought he could turn into a winner and he could ignore those that were failing,” he explained. “My experience — I had to be assigned to businesses that were failing, businesses that needed to be turned around. I have dealt with small businesses as well as mega-corporations so mine is much more extensive, as well as broader — much more than Mitt’s.”

And Cain added his hands-on experience is evidence that he is a superior businessman.

“I have actually made a pizza. I have actually made a Whopper, so I know how to get closest to the problem when we want to solve something,” Cain said.