Thursday, January 12, 2012

This is Why Some Republicans are Stupid

This is Why Some Republicans are Stupid

Democrats attack conservatives who make a lot of money and oppose higher taxes. Republicans usually support people who have made a lot of money because people with money create jobs, and spend, invest, and save their money. All of these actions lead to higher employment, capitalization of new businesses, and the availability of risk capital for innovative companies that have a good chance of success. If an investor loses his money in a venture, it’s his money, not mine. If I decide to invest with him, it’s my money, not yours.
Democrats believe that their politicians are better equipped to spend our money. But since it’s not their money, they are less discriminating. The use of $500 million to fund Solyndra is a perfect example of why governments should not be involved in business capitalization. There is no risk aversion when using someone else’s money.
Newt Gingrich and other Republicans are attacking Mitt Romney by describing him as “more ruthless than Wall Street. A film bankrolled by Gingrich supporters shows a laughing Romney saying “make a profit. That’s what it’s all about.” Yes, that’s what it is all about. A company that does not make a profit will go out of business. It’s simple math. What business stays in business when it doesn’t make a profit? Only government-subsidized businesses
.Read more: This is Why Some Republicans are Stupid


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