Mitt helped create 52,000 jobs...how many has Obama created again?

[koshergrl]

Wow you really are stupid.

For the record..not all Indians are this stupid, folks.

 

[courseofhistory]

"Barack Obama gives speeches about job creation. But this is how it’s done."

Mitt Romney Just Helped Create 52,000 Jobs - By Kevin D. Williamson - Exchequer - National Review Online

Mitt Romney has done nothing but enrich himself. If job creation came about as a side effect of his investment, it certainly wasn't his number one goal.

Besides, exactly how does creating jobs through investing in the private sector translate into someone like Romney being able to create jobs as president? Will he invest taxpayer funds in compani

This, in turn, means that however much the Romney campaign may wish otherwise, the nature of that business career is fair game. How did Mr. Romney make all that money? Was it in ways suggesting that what was good for Bain Capital, the private equity firm that made him rich, would also be good for America?

And the answer is no.

The truth is that even if Mr. Romney had been a classic captain of industry, a present-day Andrew Carnegie, his career wouldn’t have prepared him to manage the economy. A country is not a company (despite globalization, America still sells 86 percent of what it makes to itself), and the tools of macroeconomic policy — interest rates, tax rates, spending programs — have no counterparts on a corporate organization chart. Did I mention that Herbert Hoover actually was a great businessman in the classic mold?

In any case, however, Mr. Romney wasn’t that kind of businessman. Bain didn’t build businesses; it bought and sold them. Sometimes its takeovers led to new hiring; often they led to layoffs, wage cuts and lost benefits. es like he did at Bain? How does that work exactly?

...

Just to be clear, outsourcing is only one source of the huge disconnect between a tiny elite and ordinary American workers, a disconnect that has been growing for more than 30 years. And Bain, in turn, was only one player in the growth of outsourcing. So Mitt Romney didn’t personally, single-handedly, destroy the middle-class society we used to have. He was, however, an enthusiastic and very well remunerated participant in the process of destruction; if Bain got involved with your company, one way or another, the odds were pretty good that even if your job survived you ended up with lower pay and diminished benefits.

In short, what was good for Bain Capital definitely wasn’t good for America. And, as I said at the beginning, the Obama campaign has every right to point that out.

LINK

 

[Lakhota]