It's a matter of record. You understand that we're talking about business bankruptcies, not personal ones, right? Bain Capital had 22 bankruptcies.
Slight correction: Bain Capital had a bankruptcy rate of 22% when Romney was involved with it. Bain started/took over 77 companies. That would mean about 16 of them went bankrupt. Trump has only had 4 companies go bankrupt.
Exactly, the idiocy of your statement. Trump's owned company went bankrupt four times.
You compare that to Romney running a business that worked with companies who were already on the path to bankruptcy and saved some not others.
Your argument is as stupid as blaming a doctor who prevents suicides for anyone he treated who eventually committed suicides anyway. It's a stupid argument
And you ignore the fact that Trump's four bankruptcies were in Atlantic City and occurred at a time when many other casino-related companies went bankrupt as well.
I neither criticized nor defended his bankruptcies. I said your argument against Romney was dumb
And Bain did not always acquire failing companies. So that dog won't hunt.
They were all in financial distress or underperforming. That's the business Cain was in. And they saved 78% of them
If Trump had done what Romney did, I suspect you would fault him for making the bad decision to take over so many companies that were beyond recovery.
Why would I do that now? Find anywhere in this discussion I criticized Trump for the four bankruptcies. I said your comparing that to Romney who's business was targeting companies in financial distress is inane.
I think the whole bankruptcy thing is ridiculous. I don't like Trump, but that has nothing to do with why and nothing I've heard criticizing him for those has had any point I've heard
It's not "inane" or "ridiculous" to note that Romney attacked Trump for 4 bankruptcies when Romney presided over 16 bankruptcies while at Bain Capital.
You avoided the point that one could make the logical argument that Romney made bad decisions when he agreed to take over companies that were beyond repair. One could quite rationally say that a smarter businessman would have stayed away from those companies in the first place. One could further note that a 22% bankruptcy rate is hardly a sterling record, no matter what excuses you want to float for it.
And, by the way, in 2012 Romney described Trump as a great businessman who had shown an extraordinary understanding of the economy: