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Former Carmax CEO Austin Ligon on what he wants to hear from Obama in his acceptance speech at the DNC.
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President Obama making his case to the nation for his re election tonight and this at the Democratic National Convention in Charlotte.
Our Peter Barnes is at the convention and he is -- one business leader who supports the president Peter.
That we have special guest right now David and Liz Austin lay again is the co-founder and former now -- -- CEO all -- CarMax a frequent guest on Fox Business he spoke last night here.
And as a CEO as a business leader first loss for all Austin.
This debate about are we better off through or not four years later.
Where -- you come down.
So I think that factually we're clearly better off because if you remember nobody likes to remember this -- it's really frightening.
In January of 2009.
Economy wasn't stable yet hit bottom we -- in free fall.
People were absolutely waking up in cold chills in the middle of the night.
You're losing 7800000.
Jobs a month the auto industry was just about to go -- the -- -- bit more terrified so.
Stopping that was the first improvement and the fact that people can go to sleep at night.
Things may not have gotten.
As much better as we want them to but they are.
Absolutely much better that they were in January 2009.
We just don't like to remember that.
Last night we -- a lot of criticism of Mitt Romney including from.
A former employee and employee who was fired from a company that was taken over by Bain Capital when Romney -- running Bain Capital.
He said.
That he felt that that Mitt Romney as a business person did not have a moral compass do you agree.
Yeah right you know at it that's that's a hard thing to say because I know as an individual.
Mitt Romney does very much have a moral compass I have a lot of mail -- -- friends that I know.
The background it comes from.
I also know that private equity companies do some pretty tough things sometimes.
And private and businesses publicly traded companies businesses but you know that private -- -- -- there really LBO companies they take equity out but -- and and it raises the risk so.
I wouldn't accuse him of having no moral compass but I would say.
There may be times where he makes choices that others -- wouldn't make -- the people's lives what do you want to hear from President Obama tonight in his acceptance speech.
Well look -- he's got a -- Michelle.
And Bill Clinton and boy -- -- -- tough times out.
At but I know he's a bright guy and he's been thinking about that so what I'd like to hear is.
-- More about what's he gonna do in the next four years to really help us get our momentum back particularly given the headwinds from outside the US I think what.
A lot of Americans don't realize it is.
Every time we got to get a leg out of -- euros unfolds in a crisis we have a tsunami you know China's.
Can tell us that will give us more confidence that we're gonna continue to improve.
And increase that -- -- we got to the jump but you're registered not registered Democrat or Republican you're an independent just started speaking.
-- -- The Lisa Murkowski of a lot of my favorite politicians as well Olympia -- You know like the people of the middle that's where I sit cannot I think that's where most Americans that possibly -- thanks for joining us up Fox Business -- let's back -- -- Dependents are always the swing vote they will be this election as well Peter thank you Peter thank you and your guest of wealth -- -- person not a party actually -- him on last week intrastate -- had a car guy would be for the.
