Do you think Romney’s business thinking is just why we may not want him as president?
Question by ed e: Do you think Romney’s business thinking is just why we may not want him as president?
To his way of thinking, the housing market, the auto industry, and even the stock market should JUST BOTTOM OUT OR GO BANKRUPT OR BE LIQUIDATED!! That may be great for a business, but it likely would be disastrous for a country!!
Excerpt from link below:
What worried me most about Romney is his remarks in Nevada. Rather than approve the government intervening in the real estate market to help people stay in their homes, Romney said that the real estate market should be allowed to “bottom out.” In other words, he doesn’t believe that untold, unnecessary personal suffering should be prevented so that they free market system can work its wonders.
Romney’s own so called “business career” is exactly aligned with this attitude. It’s an attitude of ignoring individual suffering and letting the “free market” work it’s wonders, which actually involves people with money and power liquidating workers and middle class employees in order to cut costs, pay massive fees to bankers and “consultants” in the hopes that a business might turn around. In fact, Romney was a job destroyer, not a job creator, a massively incompetent “turn around” specialist whose victim companies tended to go bankrupt.
Far from being a moderate or liberal Republican in the mold of Republicans when his father was a major political figure, Romney recalls the Republicans of the Great Depression era, especially Andrew Mellon who famously said:
liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate… it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.
Anyone, whether slightly left of center independent, or “true progressive” who thinks that Romney’s policies would be anything like President Obama’s policies, is simply objectively wrong.
If Romney becomes president, the economic policy will be to let America “bottom out” in the international labor market until our working and middle class can compete with Chinese prison labor.
But what worries me even more than a Romney presidency and its economic policy is the reasoning of some of these independents — the belief that it is appropriate to give in to what Paul Krugman has called Republican “hostage taking” in the hope that if Romney proposes the same thing, hostages will not be taken, and the policies will be passed. For one thing, the polices Romney will propose will not be the policies the Democrats will propose (although many independents think so). But even worse, it further puts our political system on a path toward mid 1970s Latin American oligarchy and gun to the head hostage taking.
http://www.dailykos.com/story/2012/01/04/1051645/-The-Romney-Demographic-that-Worries-me-Most-Independents-who-are-Hostage-Taker-Surrender-Monkeys
@Jim Rooks — Doesn’t news reach your basement where you are quarantined? It’s been acknowledged by many Repubs that the eight years Bush was in office is what drove the economy into the ditch. President Obama has been trying to dig us out despite an obstructionist-8%-and-dropping-approval-rate-having House GOP! LOL!!
Best answer:
Answer by StephenG
yes cause he just loves firing people, destroying smaller companies for profit and putting people out of work. Also making casual $ 10,000 bets it out of touch
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