Mitt Romney's Experience to be POTUS

#27
#27
lawgator1 said:
But if his argument is that Obama's policies have not created jobs -- and that he has created jobs at Bain and has better business sense at Bain such as to make him a better president -- then both the record of what he did at Bain and what he did with the money are both fair game.

It was Romney who made the argument. Try as hard as he might -- accompanied by numbskulls like yourself -- to try to portray these questions as pitting capitalism versus some other -ism, Romney invited the criticism.
Click to expand...

His record is open for criticism. I don't think anyone is suggesting otherwise.

We are critiquing the quality of the criticism. It's just dumb and wrong - kinda like your economics lesson above.
 
#28
#28
So, when I deposit my kajillions into the bank, they just pile it up and hold it for me?
 
#33
#33
lawgator1 said:
1) If the investor in Bain hordes the profit. Say, like Mitt Romney has done, with hundreds of millions of dollars. He invests some of it. But he also has 9 figure accounts parked in the Caymans and in Switzerland. He hasn't put all of his $ back into investments yielding jobs .....
Click to expand...

He has to take it out sometime; especially if the investments in the Caymans or in Switzerland are not earning much interest (investments outside of America still create jobs...they just might be outside of America; if America wants those jobs, then America should become investment friendly).

lawgator1 said:
2) ... speaking of which, not all investments yield jobs. There are plenty of way to invest money into financial instruments that will never result in a job being created, anywhere. The assumption that all investment dollars end up in an industry that produces good or services is stupid....
Click to expand...

All profitable investments yield jobs. The financial vehicles that do not directly work as capital for a certain corporation/institution do work indirectly as such.

lawgator1 said:
3) ... and equally as stupid is the assumption you make that, of those dollars that do end up in a good or service producing position, the result is an equal or greater number of income producing positions. A far cry from the truth.
Click to expand...

This assumption is not stupid and it is absolutely correct, unless the group selling the goods/services is not profiting.

lawgator1 said:
4) Many of the dollars that are invested, if they are in fact invested at all, and if they are in fact invested in goods or service producing industries, are invested overseas. That may, or may not, have any effect on consumption, production, etc., here in the US.
Click to expand...

Not my fault if jobs are not created in the U.S.; that is the fault of progressive punitive tax measures (i.e., that is on you and your ilk).

lawgator1 said:
No one is saying that Romney did anything wrong. He can light a match to the money he made, for all I care. He is not obliged to invest a cent in anything.

But if his argument is that Obama's policies have not created jobs -- and that he has created jobs at Bain and has better business sense at Bain such as to make him a better president -- then both the record of what he did at Bain and what he did with the money are both fair game.

It was Romney who made the argument. Try as hard as he might -- accompanied by numbskulls like yourself -- to try to portray these questions as pitting capitalism versus some other -ism, Romney invited the criticism.
Click to expand...

Tu quoque.
 
Last edited:
#34
#34
YorkVol said:
Right! It distracts everyone. My response would be along the lines of "being a successful businessman prepared me for being a successful Governor, which has prepared me for being a successful President. My opponent had never had a position of high responsibility prior to being elected President and we can see by the results that he was not prepared for the job."
Click to expand...

There is no question, Romney has been a very successful businessman.
Successful Governor ? depends on how you look at things.

1. He gave MA RomneyCare which was the blueprint for ObamaCare.

2. Instead of raising taxes, Romney created FEES.
He doubled fees for court filings, professional regulations, marriage licenses, and firearm licenses, and increased fees for many state licenses and services. In all 33 new fees were created, and 57 fees were increased. The state of Massachusetts raised $501 million in new income in the first year of the fee increase program. BUT NO NEW TAXES.

3. Romney increased a state gasoline special fee by two cents per gallon, generating about $60 million per year in additional revenue. BUT NO NEW TAXES

4. Romney approved $128 million in tax changes such as sales tax from purchases on the Internet, NOT A NEW TAX, just closed a loophole.

5. In 2005, Romney signed legislation allowing local commercial property taxes to be raised, which resulted in $100 million more in property taxes from local business owners. OH NO NEW TAXES.

6.Romney states, "We have successfully closed the largest deficit in our state's history without raising taxes."

7. Job growth increased at a 1.3 percent rate during Romney's term, ranking Massachusetts 47th out of 50 states.

8. Romney signed a permanent state ban on assault weapons, saying at the signing ceremony for the new law, "Deadly assault weapons have no place in Massachusetts.

It is a shame that in the United States of America, our only two real choices for POTUS is Romney or Obama.
 
#35
#35
therealUT said:
He has to take it out sometime; especially if the investments in the Caymans or in Switzerland are not earning much interest (investments outside of America still create jobs...they just might be outside of America; if America wants those jobs, then America should become investment friendly).

Changing the subject. Or should Romney start running ads about all the jobs he is creating in Thailand and China?

Didn't think so.


All investments yield jobs. The financial vehicles that do not directly work as capital for a certain corporation/institution do work indirectly as such.

No. They don't.


This assumption is not stupid and it is absolutely correct, unless the group selling the goods/services is not profiting.



Not my fault if jobs are not created in the U.S.; that is the fault of progressive punitive tax measures (i.e., that is on you and your ilk).

Again, changing the subject.

Romney submits he should be president because, at Bain, he created jobs. Some of his investments did. Others did not. And some eliminated many,many jobs.

If he didn't want to talk about the failures, he should not have brought up the successes.



Tu quoque.
Click to expand...



"I have no doubt that Mitt Romney was worried about pink slips, whether he was going to have enough of them to hand out. Because his company Bain Capital, with all the jobs that they killed, I'm sure he was worried he'd run out of pink slips."

--- Rick Perry (R)


“Those of us who believe in free markets and those of us who believe that in fact the whole goal of investment is entrepreneurship and job creation, we find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.”

--- Newt Gingrich (R)

To raise questions about a company “is not the same as attacking capitalism,” Gingrich continued. If Republicans avoid challenging the former Massachusetts governor’s record at Bain, he said, President Obama’s reelection team will not be so kind in the fall. “Every single candidate has to be prepared to answer the questions before the nomination so that we know that whoever we nominate is capable of surviving the fall campaign.”



In other words, criticism of Bain is not criticism of capitalism. It is, however, a legitimate question about whether Romney's particular business experience is going to give him some kind of special insight on how to create jobs, which is what he (Romney) has claimed.

If he doesn't like this question, this attack, then he should not have brought it up.

My suspicion, given Obama ads, and the ferocity of the GOP's response effort to spin this, is that both camps' research shows that it is a significant weakness for Romney. And so I would expect the attacks to continue, and I would expect Romney and the GOP to continue to try to deflect it and cry foul that it is being brought up.

If it weren't effective, the response would not be this vicious.
 
#36
#36
It is a significant weakness and the attacks are effective because there are millions out there who have no conceptual understanding of economics.
 
#38
#38
Gramps said:
There is no question, Romney has been a very successful businessman.
Successful Governor ? depends on how you look at things.

1. He gave MA RomneyCare which was the blueprint for ObamaCare.

2. Instead of raising taxes, Romney created FEES.
He doubled fees for court filings, professional regulations, marriage licenses, and firearm licenses, and increased fees for many state licenses and services. In all 33 new fees were created, and 57 fees were increased. The state of Massachusetts raised $501 million in new income in the first year of the fee increase program. BUT NO NEW TAXES.

3. Romney increased a state gasoline special fee by two cents per gallon, generating about $60 million per year in additional revenue. BUT NO NEW TAXES

4. Romney approved $128 million in tax changes such as sales tax from purchases on the Internet, NOT A NEW TAX, just closed a loophole.

5. In 2005, Romney signed legislation allowing local commercial property taxes to be raised, which resulted in $100 million more in property taxes from local business owners. OH NO NEW TAXES.

6.Romney states, "We have successfully closed the largest deficit in our state's history without raising taxes."

7. Job growth increased at a 1.3 percent rate during Romney's term, ranking Massachusetts 47th out of 50 states.

8. Romney signed a permanent state ban on assault weapons, saying at the signing ceremony for the new law, "Deadly assault weapons have no place in Massachusetts.

It is a shame that in the United States of America, our only two real choices for POTUS is Romney or Obama.
Click to expand...

Agree with all of that, just stating the argument I would use.
 
#40
#40
T-TownVol said:
how did those arguments work out for ole Perry and Newt?
Click to expand...


They never had a chance against Romney's bottomless (and anonymous) checkbook from the super-pacs.

Obama has the money to run these ads and make it stick.

That is what worries Team Romney.
 
#41
#41
lawgator1 said:
They never had a chance against Romney's bottomless (and anonymous) checkbook from the super-pacs.

Obama has the money to run these ads and make it stick.

That is what worries Team Romney.
Click to expand...

:lolabove: ......ready to take my bet?
 
#43
#43
lawgator1 said:
In other words, criticism of Bain is not criticism of capitalism. It is, however, a legitimate question about whether Romney's particular business experience is going to give him some kind of special insight on how to create jobs, which is what he (Romney) has claimed.
Click to expand...

It certainly does relative to Obama. There is no doubt he understands business and economy better than Obama does. That is the point and always has been.
 
#47
#47
volinbham said:
It certainly does relative to Obama. There is no doubt he understands business and economy better than Obama does. That is the point and always has been.
Click to expand...

Is this debatable in any way, shape or form?

The senselessness of this line of attack is steeped in the idea that companies operate in vacuums and should stay open for the sake of employing people.
 
#48
#48
BigPapaVol said:
Is this debatable in any way, shape or form?

The senselessness of this line of attack is steeped in the idea that companies operate in vacuums and should stay open for the sake of employing people.
Click to expand...

it never ceases to amaze me that people can argue that with a straight face.
 
#49
#49
dreVol said:
it never ceases to amaze me that people can argue that with a straight face.
Click to expand...

Corporations are not philanthropic, charity organizations?

tumblr_l6m8h9FfM51qzht1wo1_500.png
 
New posts
You must log in or register to reply here.

VN Store



Back
Top