Originally
posted by
Ruthie:
Originally
posted by
braden:
when is obama cleaning out his personal coffers for the benefit of the small, under appreciated working man?
Romney's personal coffers are larger than anyones ... but he just ends up buying companies and firing the working man or sending the jobs overseas
Footnote, I like you personally, but totally in disagreement here. I'm sure you don't have an Iphone, never shopped at a Walmart, and wouldn't buy a television if your life depended on it. You know what's worse than outsourcing? Evil robots. Automation has killed more jobs than outsourcing several times over. And, if you follow the liberal talking points, then it all makes sense--see Romney is a robot and robots take over jobs. (
http://www.mightyheaton.com/...fshoring-nonsense-robots/).
The Economist had a great article last week discussing the lack of entrepreneurship in the Euro-zone. Since 1970, what 3 of the top 500 companies were created there. Comparatively, 52 were created in America. They have a similar focus on make it hard to fire someone often requiring six months of severance. They make it extremely hard to access financing. And, not surprisingly, they regulate every nook and cranny to the point where launching a business becomes almost impossible.
I think it's a bad status to aspire toward. Politicians (admittingly on both sides of the aisle) love to deal out populist rhetoric, but in the long run it's almost always bad for all of us. And when they try to pick winners and losers, such as Solyandra, is when it gets really bad.
It sucks seeing hard working folks laid off. It's never easy. But the solution isn't in trying to protect those jobs because that protectionist sort of policy only hurts more. It's in helping these folks adjust to the new economy through education, training, and new skill sets. For a pop culture point of reference, I think fictional Democrat candidate Jack Stanton was on the money with his speech to steel workers in Primary Colors (and yes, I realize it's based on Bill Clinton).