“Not only the wealth; but the independence and security of a Country, appear to be materially connected with the prosperity of manufactures. Every nation, with a view to those great objects, ought to endeavour to possess within itself all the essentials of national supply. These comprise the means of Subsistence habitation clothing and defence.” –Alexander Hamilton’s “Report on Manufactures,” 1791
FORTUNE — February 1999. That’s when Mitt Romney officially left private equity firm Bain Capital, in order to head up the Olympic Games in Salt Lake City. It’s an important line of demarcation. Anything Bain Capital did before February 1999 is on Romney, for better or worse. But he stops getting credit, or blame, after that date.