Tuesday, January 10, 2012

Selling out capitalism in the defense of Romney and Bain

legalinsurrection.com

quote:
It’s sad to see so many in the Republican Party so incapable of distinguishing between economic and political arguments.
Comment:

I thought the video with Newt Gingrich explaining his point of view was very good.  A question that should be asked is this:  what do you do about it?   If you prohibit that, what else do you prohibit?  It doesn't always follow that you improve a situation by simply changing it.  You have to know why you are changing it and why it matters.  It is not enough to just say that it doesn't look right.

For example, it may not look right to charge more for something than what you paid for it, but if that wasn't allowed, the free enterprise system would be impossible.  It doesn't look right sometimes, but what reason does someone have to do something if they aren't allowed to profit from it?

This is not to defend Bain, but to question a superficial examination of the issue.  That's what could happen when something gets politicized.

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