Is Mitt Romney a bad capitalist?
Jan 10, 2012, 6:47 AM | Updated: 8:42 am
Listen to Dave Ross Commentary: Is Mitt Romney a bad capitalist?
Any honest capitalist will tell you that sometimes you have to cut jobs.
However, to thwart the president’s attempts to raise taxes on the rich, Republicans started calling capitalists job creators.
And it worked, for a while. The trouble is, capitalists are not job creators, they are profit creators.
They create jobs only in order to make a profit – if the only way to make a profit is to cut jobs, a good capitalist will cut jobs. He may do it reluctantly, but he will do it because otherwise, he is no longer a good capitalist. He is very likely an insolvent capitalist.
And yet here in New Hampshire we now see capitalists like Rick Perry and Newt Gingrich scolding Mitt Romney as a bad capitalist who cut jobs to make a profit.
But here’s what’s really bizarre: I was at a Romney rally when a guy from the Democrats quietly came up to me and asked if I’d like to talk to someone named named Randy Johnson – at first I thought he was referring to the famous pitcher.
So I go talk to Randy, who it turns out worked for one of the companies taken over by Romney’s firm – and guess what he tells me about Romney?
“To me, he’s always been about putting the profits before people really, because that’s the business he’s in, making the rich richer,” said Johnson.
This guy has been on the road for the Democratic party spreading this same story for 17 years – how weird is it that it’s the Republicans who ended up putting it on the front page.
