Originally Posted by lisa lynn
Staples... Sports Authority... Steel Dynamics... all now multimillion/billion dollar companies due to Romney's investments. Bain itself is a successful venture because of Romney.
Let's talk actual failed business ventures, like Solyndra, that $535 MILLION dollar loan the TAXPAYERS are now forced to cover thanks to Obama. How about the $2.5 BILLION dollars we taxpayers need to repay after Obama's second business venture bankrupted? We're up to $16 BILLION dollars JUST in defunct solar company loans, $16 BILLION dollars in THREE YEARS, which doesn't include the fact that Obama can't balance a budget to save his own life and has managed to rack up more national debt than the five previous President's before him COMBINED.
Whereas Romney's initial $16 million dollar investment into Steel Dynamics has created a company now worth hundreds of millions of dollars.
So please explain to me where you got the hilarious idea that Romney is a poor businessman, please, I am dying to hear what you come up with.
First of all, I love your aggressive approach here. Really, it helps your argument a lot.
Second of all, it is not surprising that the debt caused by Obama is larger than Bush's. Bush came into a minuscule recession and left an enormous one in the wake of the presidential elections. Obama's strategy of stimulus packages and lower tax rates than the annual average does not help the national debt either. The fact that the Republicans blocked Obama's attempt to tax higher classes shows that they are not interested in attempting to fix the economy either.
The debate on who has more debt under their belt is a ridiculous argument. Obama, like other presidents before him, is squandering cash. Wow, amazing.
As for Romney's business success. Romney's dealings with Bain & Company is questionable. His dealings have resulted in huge layoffs and debt while he profits privately. It is also interesting to note that he refuses to have his tax record publicized.
I firmly believe that Obama will be a better choice than Romeny, but again, we will have to see.
Romney did not support the bailouts either, wanting the companies sold off piece by piece, causing their suppliers to go belly up. It's shocking to see how Bain did not question Romney's policies. I am glad Obama didn't listen to Romney's hypocrisy either (since he supported the Wall Street bailout), because GM has posted its largest profit in 103 years, and Chrysler posting its first profit since 1997. The bailouts, in my opinion, were a success.
which doesn't include the fact that Obama can't balance a budget to save his own life and has managed to rack up more national debt than the five previous President's before him COMBINED.
What the hell are you talking about? The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office. Two presidential terms? Correct. Five? No.