In the given statement, Michele Bachmann is praising Mitt Romney's comprehension of business operations within the private sector. She highlights that he understands how profits are generated and she emphasizes that he does not feel ashamed about this aspect of business success.
The deeper meaning behind this quote lies in the political context where economic policies and understanding of capitalism play a crucial role. By mentioning Romney’s understanding of profit creation, Bachmann is likely aiming to position him as a strong candidate for leadership roles, particularly those related to economic governance. She suggests that his expertise makes him well-suited to advocate for policies beneficial to businesses and the economy at large. Additionally, the statement about not being embarrassed by profit creation implies an openness in discussing wealth generation without social or political stigma attached.
Michele Bachmann is a former U.S. Representative from Minnesota who served from 2011 to 2015. Known for her conservative views and activism within Republican politics, she has been vocal on various policy issues including fiscal conservatism and national security. Her endorsement of Mitt Romney reflects her alignment with his political stance on economic matters during his campaign period.