Romney had nothing to do with the management of the businesses that Bain took over. His only interest was in extracting as much cash from them as he could. If it meant sending them into bankruptcy versus growing them, it made no difference to Bain.
Romney was a progressive when he was Governor of MA. He worked with the democrats and democrats are better at lower deficits and debt than republicans are. Now, Romney is a severe conservative. He will not be able to work with the US congress and maintain his conservatism.
Me, personally? I look at my own company, at our customers, how business is going and how prospects look for the future. I imagine most people assess the economy the same way.... by how it touches them personally.
Parents might look at if their college-age kids are getting jobs. Average joes might look at their paychecks, at the price of gas and food, etc.
My whole point is that people know whether the economy is working for them. They're not really looking at a bunch of data.
A venture capitalist knows how to make money, not how to effect the economy in a good way. Businessmen don't always make good economist. President Obama and Mitt Romney are not experts in he economy, that is why they have advisers. ROmney's adviser is from the GW Bush administration. I do not want to return to the GW Bush economy.
Romney isn't a conservative a la Rush Limbaugh or anything. He's from MA for goodness sake. I believe he's pro-choice and everything. He's just pro-business which we need.
How will Romney create an environment tat will spur job creation? Can you give me some details on how he will do this.
Guaging the whole United States economy by your own personal economy isn't really guaging the United States economy. And if you think that Romney's economy will touch your personal economy better or not, which is kind of what I'm trying to get from you, has still yet to be shown by you in any way. Basically you are asking people to take your word for it. Which coindidentally seems to also be the Romney's message on how he will better the economy.
Romney claimed to be a severe conservative, did he lie?
Umemployment has dropped from 10.2% to 7.8%
The stock market has almost doubled.
5 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $10 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up.
Bin Laden is dead, and GM is alive.
Millions are able to buy private healthcare policies and millions have the security they will not be dropped in the event of a preexisting condition.
The US needs to continue climbing its way out and I like the contrast from 2008 when the economy crashed.
Romney has all the same people lined up as advisors as BuCheney when they spent on war profiteering and cut taxes on the wealthy and gave a windfall of billions to BigPharma that we could not afford.
Do we need to get better ... yes.
Obama-Biden 2012 Forward
No, but you've got to vote based on your own situation. Romney is more pro-business, which for me personally would be a good thing.
For example, we are involved in two sectors: natural resource development and construction. Construction projects have been up under Obama, so that has been good for us. Especially true for public projects, for example we're involved with many municipal civil engineering projects, universities, road and bridge construction, etc. which are up under this president.
Oil and gas drilling have ground to a halt though. Thank the EPA for that.
Coal and other quarrying/mining operations are down, once again thank the EPA.
My company will benefit a lot from a president who will open up drilling and mining. So I think Romney would be better for us.
No, but I can direct you to Mitt Romney for President | Mitt Romney for President of the United States of America in 2012
That didn't help me much.
The Republicans have admitted that Obama inherited a very bad economy thanks to Bush. But they are saying get rid of Obama because he is not doing a good job. And so elect to the presidency a guy who wants to put the old Bush wines into new bottles? That is patently stupid. And any low info voter who votes for this other fellow...
The economy is improving and it matters little who the next president will be. I say stay the course.
My prediction for the second debate: It will be a toss-up unfortunately for Obama and good for Romney. Whoever wins the first debate will have the momentum. But keep in mind that 5 of the 6 recent incumbent presidents lost the first debate but were reelected anyway.
If Romney or some other republican were president today and the unemployment had dropped to 7.8% what would they be saying? Oh, everything is just heavenly. But since Obama is president and he is black, of course they are saying something extremely different. Sununu called the President "lazy" and shows no respect for the president whatsoever. Someone should do something about this guy's intemperate tongue!
Come on. I'm not buying what you're selling. Of course he had something to do with managing those businesses. You make him sound like a blood-sucking vampire. Don't believe every negative ad you see on TV.
That is all you have?
I use the razor everyday with my science degree and life's work.
You just failed.
Ockham's razor
A rule in science and philosophy stating that entities should not be multiplied needlessly. This rule is interpreted to mean that the simplest of two or more competing theories is preferable and that an explanation for unknown phenomena should first be attempted in terms of what is already known. Occam's razor is named after the deviser of the rule, English philosopher and theologian William of Ockham (1285?-1349?).
The whole "times are great" argument is probably not going to be a winner for Obama, regardless of what numbers the Politburo come out with. People need to be able to feel the progress themselves.
Confident consumers give US retail sales a lift - DailyFinanceWASHINGTON -Americans spent more money at retailers in September — a buying surge that reflected growing consumer confidence and the launch of the latest iPhone.
Retail sales jumped 1.1 percent last month, producing the best two months of sales in two years, according to figures released Monday by the Commerce Department.
"The consumer is back," said Joel Naroff, chief economist at Naroff Economic Advisors. "They are not spending money like it is going out of style, but they are spending at a more normal pace that is consistent with a moderately growing economy."
The spike in spending could boost sluggish growth and help revitalize President Barack Obama's campaign after a strong debate performance by challenger Mitt Romney.
The increase comes only 10 days after a report that unemployment fell to its lowest level since Obama took office. And it follows a survey last week by the University of Michigan that showed consumer confidence rose in early October to a five-year high.
Stocks climbed after the retail report. The Dow Jones industrial average gained 95 points to close up at 13,424. Broader indexes also rose.
The Republicans have admitted that Obama inherited a very bad economy thanks to Bush. .
I guess you won't like this news then...
Confident consumers give US retail sales a lift - DailyFinance
Or this...
Voting 3rd party is a dark and lonely job but somebody's got to do it.
I pay 33% in federal income tax. I have nothing to lie about. Yet, interesting this thread attracted attacks on me and my hygiene or cognitive abilities on Okham's Razor!
Ouch! ; )
I am kidding ... That is okay TD and VE I knew a few facts would bring it on!
Congratulations on your 7 figure income! ; )
Obama has lined up the same failing team that has failed the last four years.
ITs nice seeing blind followers They are amusing
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