There are pros and cons of experience. A con is that you can't look at the business with a fresh pair of eyes and as objectively as if you were a new CEO. Fire yourself on a Friday night and come in on Monday morning as if a search firm put you there as a turn-around leader. Can you be objective and make the bold change?
Barack Obama doesn't believe in free enterprise. He's never going to admit it. For instance he's never going to come straight out and say 'If you own a business you didn't build it.' Alright maybe he will.
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Would you want to do business with a person who was 99% honest?