Mitt Romney's Experience to be POTUS

#1

volinbham

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#1
I find it highly ironic that the current line of attack against Romney is that his business experience is irrelevant to being POTUS because running a business has a profit maximization goal while government doesn't.

What possible experience did Obama have to be POTUS - clearly the most thin resume of any POTUS?

The Booker comments about Bain being a net positive impact has Team Obama now arguing that such experience is irrelevant. :blink:
 
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#2
#2
Bottom line.......MR used private funds to bet on companies........BHO has used OUR money to bet on companies..........MR had an 80% success rate........what does BHO have?.........I hear that there is a commercial coming that has all the car dealership owners and staff/employees that were FORCED to close by this administration in the name of PROFIT.........BHO loses this fight HUGE
 
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#5
#5
that is why they have picked this battle

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."
 
#6
#6
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."

all the Dems think that BHO is going to kill MR in the debates......I say otherwise

Have you noticed that BHO does not ever actually answer a question.......he repeates the question and then rambles for a few minutes but never gives an answer
 
#7
#7
all the Dems think that BHO is going to kill MR in the debates......I say otherwise

Have you noticed that BHO does not ever actually answer a question.......he repeates the question and then rambles for a few minutes but never gives an answer

he hum and hahs quite a bit
 
#8
#8
I just do not see how previous experience as the Executive of a government is relevant to one's quest to be an Executive of another government.
 
#9
#9
I just do not see how previous experience as the Executive of a government is relevant to one's quest to be an Executive of another government.

that's absurd. clearly there are similar responsibilities in each role. how he handled them in the past could be a good indication of how he'd handle similar ones in the future.
 
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#11
#11
As usual, you distort and fabricate. See below:



I find it highly ironic that the current line of attack against Romney is that his business experience is irrelevant to being POTUS because running a business has a profit maximization goal while government doesn't.

What possible experience did Obama have to be POTUS - clearly the most thin resume of any POTUS?



The Booker comments about Bain being a net positive impact has Team Obama now arguing that such experience is irrelevant. :blink:


1) No, they are not saying it is irrelevant. They are saying it is not enough. Big difference.

2) No, they are saying that the role of Bain Capital is to maximize profit even for its shareholders even if it means gutting a business resulting in people losing jobs. Bain took a number of companies that were profitable and dismantled them because it was more profitable to do so. There is nothing wrong with that -- its their function. Similarly, there is nothing wrong with pointing out that Romney is running against Obama claiming he has not done enough to create jobs whereas Romney's function at his business was to destroy jobs if it meant more profit.
 
#13
#13
As usual, you distort and fabricate. See below:






1) No, they are not saying it is irrelevant. They are saying it is not enough. Big difference.

2) No, they are saying that the role of Bain Capital is to maximize profit even for its shareholders even if it means gutting a business resulting in people losing jobs. Bain took a number of companies that were profitable and dismantled them because it was more profitable to do so. There is nothing wrong with that -- its their function. Similarly, there is nothing wrong with pointing out that Romney is running against Obama claiming he has not done enough to create jobs whereas Romney's function at his business was to destroy jobs if it meant more profit.

In a macro-sense, can you explain to me how "more-profit" leads to less jobs in the long-run?
 
#16
#16
I think it is case specific and depends on where and to whom the profits flow.

Don't you?

In a macro-sense...no. Regardless of where the profits flow, the individuals with wealth are going to either reinvest (thus creating jobs) or purchase goods and services (which, again, rely on jobs).
 
#17
#17
all the Dems think that BHO is going to kill MR in the debates......I say otherwise

Have you noticed that BHO does not ever actually answer a question.......he repeates the question and then rambles for a few minutes but never gives an answer
The debates won't establish anything. Willard is going to hem and haw before basically contradicting every other word that exited his mouth during the primaries, and Obama is going to spout socialist populist rhetoric that belies just about every move he's made as POTUS.

Nobody learns anything, and millions of people vote based on support for fictitious characters.
 
#18
#18
In a macro-sense...no. Regardless of where the profits flow, the individuals with wealth are going to either reinvest (thus creating jobs) or purchase goods and services (which, again, rely on jobs).


There are at least two things wrong with that statement. Can you guess what they are?
 
#23
#23
As usual, you distort and fabricate. See below:






1) No, they are not saying it is irrelevant. They are saying it is not enough. Big difference.

2) No, they are saying that the role of Bain Capital is to maximize profit even for its shareholders even if it means gutting a business resulting in people losing jobs. Bain took a number of companies that were profitable and dismantled them because it was more profitable to do so. There is nothing wrong with that -- its their function. Similarly, there is nothing wrong with pointing out that Romney is running against Obama claiming he has not done enough to create jobs whereas Romney's function at his business was to destroy jobs if it meant more profit.

Team Obama making an experience insufficiency argument is ludicrous on its face

The GM bailout refutes the second point. To improve the economy, (presumably) they substantially downsized the company. It's the same principle, pruning to help the entity.
 
#25
#25
Tell us.

Please break it down in depth too.


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 .....

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....

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.

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.


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.
 

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