"When some people question why I would challenge his Bain record, the point I've made there in the past is, if you're a head of a large private equity firm or hedge fund, your job is to make money," Mr. Obama said. "It's not to create jobs. It's not even to create a successful business - it's to make sure that you're maximizing returns for your investor. Now that's appropriate. That's part of the American way. That's part of the system. But that doesn't necessarily make you qualified to think about the economy as a whole, because as president, my job is to think about the workers. My job is to think about communities, where jobs have been outsourced." [...]

Rose asked Mr. Obama for his take on Romney's qualifications to lead the country: "Do you believe his presidency would be a disaster? Because this is a man who's been a successful businessperson. Does that disqualify him or make him appropriately a candidate for a political office? How do you take the measure of his business experience?"

Mr. Obama said, "I do not think at all it disqualifies him. But I also think it's important if that's his main calling card, if his basic premise is that, 'I'm Mr. Fix-It on the economy, because I made a lot of money.'"

Malkin responded by pretending our centrist President is some sort of left-wing radical who hates the private sector, capitalism and business, ignored completely Republicans' responsibility for the unemployment numbers and then wrapped things up by insulting everyone who has worked their whole lives drawing a paycheck and painted all of us as too stupid to figure out that what Romney did for a living isn't necessarily good for the American economy or American workers.

MALKIN: Let me pick my jaw up off the floor. I am floored by the audacity of this man who has overseen near double-digit unemployment for most of his tenure challenging anybody else’s job creation record. But I think it's a very telling glimpse into the mind of a command and control progressive.

This idea that only someone with his extensive training and background can think about the “economy” as a whole, is equiped to deal with the situation that we have now and the dire job's figure. And I think there's a lot of buried false premises and assumptions about what people in – who work in financial markets, in particularly the hedge fund industry, private equity do.

I think that it's galling for someone like Barack Obama, with his record, to judge what a successful business is, and I think that there's an underlying contempt for the profit motive that drives this economy. That somehow only successful businesses are those that avoid evil things like cost cutting, which of course is what Romney is under attack for by this team.

MORRIS: Right, I mean, let's be honest. Whether you're running Walmart, Coca-Cola, Nike, your job is to make money. A byproduct is often creating jobs. My question as a follow up would be, does working in the public sector for your entire career, does that qualify you to run the economy?

MALKIN: Well, bingo. I think that the question answers itself and you know, there's a very popular contrast and description of the difference between Romney and his supporters and Barack Obama and his supporters. And that is that the Romney types, of course, are the ones who sign the front of the paycheck, and the Obama types are the ones who've spent their entire lives signing the back of them.

If Malkin thinks drawing a paycheck from someone else is such a terrible thing that makes someone unqualified to understand the economy, maybe she'd like to give up hers and those wingnut welfare checks she's been getting from Fox.