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Re: Some facts about Mitt Romney

Posted by ClearAspect on Mon Jun 4 22:19:57 2012, in response to Re: Some facts about Mitt Romney, posted by Train Dude on Mon Jun 4 22:01:21 2012.

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Don't worry I'll respond and I promise it will be a long through explanation of why everything you just said is wrong, and all I have to do is point to wall street to shoot down everything you've said. But I have to go to bed but I'll leave you with this simple point.

What the government did is what happens everyday on wall street, people invest in companies, sometimes the companies do well, sometimes they don't. Thats apart of capitalism... something you haven't quite understood yet. Note I never said anything about the Bain Corporation but I'm simply making the point that when companies layoff jobs, or ship jobs to other nations you can't then just turn around and say "high unemployment"

Then you got the Bush Tax Cuts extended on the premise that the wealthy would INVEST in companies and startups... I haven't seen it happen. Then you want tax credits when the country is in debt, if you really want to think about a tax break for a company is basically the government making a bet that by giving the company a tax break that they'll do well, hire people and they'll make the money back on the payroll. That doesn't always happen now does it?

But its okay for the tax break and the government making a bet but if the government directly gives money to try to create jobs directly its bad.

So tell me how CAPITALISM WORKS again, because it seems like you know SOOOOOO much more than I do.

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