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It can be seen as a matter of degree. A three-year-old or someone mentally deficient would not qualify to be president. A senator or a governor might have the right stuff. So the range is somewhere in between. I just think Cain is not far enough toward the top of the range. It’s not an all-or-nothing type of thing.

IMHO...

Elected office and private sector are different categories, I don't see "degree" fitting in at all. Any CEO with a few hundred employees on up would have the intelligence, people, financial, management, etc. skills. The President basically makes decisions, strategizes, leads meetings, negotiates with Congress, and signs (approves) things, a list that most CEO's could handle fine.

Elected office, however, has a different approach than private sector executive jobs. Some CEO's can make the transition some can't; HC should have no problem as he's not an automaton-type who dictates, and he's been politically active so he has no illusions about "ordering" Congress to do something I'm sure he'll for the most part stick to his guns and get at least some results he wants from Congress and will veto as necessary.

Congress critters running for President is a stretch because Congress is not executive; it's errand boy for lobbyists with a fake face put on to the public, with no responsibility for how government actually operates. That's why Senator's elected President just do "more of the same". Governor's, even though they were executives, still generally do "more of the same" since they'd have to be a political person to be Governor.

Many people could actually do the tasks the President does, i.e., do the job, but it's hard to get elected because one's vision has to coincide with that particular election cycle. Professional politicians usually win because they change their vision to suit the election.