Do we really want another CEO as POTUS?
@thegreatdebater (7316)
United States
May 20, 2012 12:01pm CST
The first thing, second thing, and last thing republicans say about Mitt Romney is he has business experience. But, the two most successful presidents in the last 30 years didn't have business experience. As a matter of fact, the only president in the last 30 years to have business experience left office with the economy near a near depression state. Mitt Romney's business experience isn't a great blue print for a country. His PE firm made a lot of money, but as we learned in the 1980's what is good for business isn't always good for the country. Bain Capital encourages outsourcing of jobs to countries like China and India (which republicans have not only supported with word, but tax breaks as well for decades), which hurts job growth in the US. Do you think that having a president that is a former CEO of a company is better than one that is not?
1 person likes this
5 responses
@AidaLily (1450)
• United States
21 May 12
I think that neither Obama or Romney should be president. They both are disconnected. I have yet to hear a detailed plan from Romney on how he would fix things and Obama while some of his ideas are great (let's be honest people who always has great ideas without a few bad ones? Be realistic about this)... I believe Obama has no idea how to put them together. Making affordable healthcare for all? Great. How he did it? Not so much. However the one health care plan of Romney's was similar not the same but similar.
The fact that Romney is a candidate who has offshore accounts worries me because a person may be inclined to do things against America to protect their money in another country. I would rather not face the possibility.
Obama technically only had 2 years to fix anything before dissatisfied people quickly voted in a republican majority to Congress. The moment that was done any progress Obama could have made ceased to exist.
Common Sense 101: You can not vote in the opposite party to the president and expect anything to get done. You are just asking to be upset and disappointed then.
To me... Candidates will look better when they stop allowing companies to buy them and:
1. Are willing to cut their own post presidential pensions and their salaries in office until the country is fixed
2. Will cut the pay of congress.. (I can't be the only one tired of the 'do nothing until election time for votes' B.S.)
3. Close all these outsourcing tax breaks and loops
4. Reform welfare so illegal immigrants can't get it. HELP AMERICANS FIRST!
5. Sign a legal binding document saying that NO COMPANY will get bailed out.
6. Refuse any lobbyist and make it so that lobbying or politicians taking special bribes or anything from a lobbyist is punishable by the law.
And those are just a few.
1 person likes this

@sierras236 (2739)
• United States
21 May 12
As far as voting to raise taxes, pay attention to California this November. Their Democratic Governor is placing a tax increase on the ballot. Ironically, he is in the exact same position that the former Governor was having to make massive cuts in order to get a balanced budget.
That will show you exactly how willing the people are going to vote for taxes.
Ironically, California has this weird rule that taxes have to be voted on before they can be raised.
1 person likes this
@thegreatdebater (7316)
• United States
21 May 12
You make some good points. I agree that it is hard to work with opposing parties, but Reagan and Clinton did it, and they both had successful presidencies. All of your ideas a good, but they will never happen because the people that would make those changes are the ones benefiting from them. Would you vote to raise you own taxes? Most would not.
I do believe that we HAVE to do something about health care. If we don't find a way to control the cost it will DESTROY our economy!!!!
@thegreatdebater (7316)
• United States
21 May 12
The rich people in this country would spend HUNDREDS OF BILLIONS to make sure we the people will NEVER have the ability to vote on tax increases. That money would be worth every cent to them!!!

@bestboy19 (5478)
• United States
22 May 12
I look at it this way, we can have Romney who knows how to make money, or we can have Obama who knows how to spend money. Since our nation is over $15 trillion in debt, a President who knows how to make money seems a better choice.
@debrakcarey (19887)
• United States
22 May 12
@AidaLily (1450)
• United States
22 May 12
Or they will continue to send businesses overseas...
If he can help them make money then great, but what guarantee would the American people then have that these companies will create jobs in the U.S.? Has anyone heard Romney say he will end tax breaks for companies sending work overseas? If you have a recent video in which he said that then perhaps I might believe it though Romney does flip flop a lot.
Otherwise, the economy is probably going to go backwards quite a bit more.
Sending the jobs overseas saves money for most companies, which in turn means they wont want to hire more expensive American labor. They will create jobs here when they are penalized for creating jobs elsewhere.
If I go to a grocery store and see milk at $4.00 and then go to another store and see milk for $3.00. I am going to buy the cheaper milk.
If a company sees what it will cost to create a product in the U.S. and then realize they could make the same product for cheaper in another country and sell it for a way higher price here... guess how easy they can make money.
It is Business 101. When you start out a company you look for the cheapest ways to make your product then sell it for a higher price in order to make a profit. The thought that they would give up some of their profit to create jobs here is a bit laughable especially when they don't really get penalized for it.
Romney is a business man. He knows that business principle very well. On top of that, these companies know he is a business man. They know he knows how to run a business and how them being able to make a profit. Which means they don't have to create a thing as long as Romney never makes signs a law to make him.
1 person likes this
@thegreatdebater (7316)
• United States
22 May 12
Best, do you know how he made his money? He made his money buying companies and raiding them. His company was run into the ground and only survived because the FDIC forgave millions in loans. His job growth record as governor wasn't good either 46 out of 50 governors.
Of all of this, what makes you think he can make money running a country? He had one of the worse job creation records when he was governor, when other states were booming.
Please show me how he is going to make money?

@sierras236 (2739)
• United States
21 May 12
Yes since President Obama seems to have no clue about money other than how to spend it.
It would be nice to have a POTUS who didn't fail Economics 101.

@sierras236 (2739)
• United States
21 May 12
At least he didn't spend nearly as much money as President Obama has. His administration should be in the Guinness World Book of Records.
@thegreatdebater (7316)
• United States
21 May 12
How much has the wars in Iraq and Afghanistan cost us? If Bush would have done what Obama did and went after Bin Laden along with ending the war in Afghanistan before he started his reelection war we would have saved hundreds of BILLIONS. Just the interest alone from those wars would be hundreds of millions. But, reelections cost a lot of money, don't they?
@thegreatdebater (7316)
• United States
21 May 12
It think Bush passed Economics 101, and look where that got us!!!!

@Rollo1 (16676)
• Boston, Massachusetts
20 May 12
With Obama, you get a CEO as the head of the President's Council on Jobs and Competitiveness, none other than the lovely Jeff Immelt, head of GE - GE that paid $0 in taxes last year, GE that has closed plants in the US and opened new plants in China, GE who is shipping jobs and the plants the jobs are in overseas right now.
And GE made lots of money, too, while destroying American jobs and employing more Chinese. And not only is he a good friend of Obama and hefty contributor to his campaign, he's also in charge of jobs initiatives? I mean, can you stand the irony?
So, what was your point?

@Rollo1 (16676)
• Boston, Massachusetts
21 May 12
Obama said we would know him by the people he has around him. Immelt is his guy. So, by extension and by Obama's own statement, that's who Obama is.
What you have is speculation. You speculate that Romney would send jobs overseas. What we have right now in reality is Obama doing it.
Take yer blinders off.
@thegreatdebater (7316)
• United States
21 May 12
Rollo, Obama has put many good people around him including Warren Buffet. Jeff Immelt is doing what EVERY large corporation is doing out there: Being selfish!!! I don't agree with Immelt when it comes to tax policy, or when it comes to his personal employment style. I do feel he needs to bring back more workers to the US, but he also has to run a business that is international, and he is competing with COMMUNIST countries that subsidize their corporations. You are correct that Obama has dealt with questionable businessmen, but it is VERY hard to find reputable businessmen in this country!!!
Mitt Romney has a history at Bain capital of buying companies looting them, and walking away with millions.
If you want to question the people around them, look at the Koch Brothers dealings with Iran. It is one thing to be a crocked businessman, it is another to sell out your own people!!!!!
@thegreatdebater (7316)
• United States
21 May 12
So what you are saying is that if we elect Romney we will have a president that exports jobs, instead of the leader of his Council on Jobs?
I am struggling to see your point.

@Fatcat44 (1141)
• United States
20 May 12
It has to be better than the clown organization we have in there now. Obama has done nothing spend us into debt, and blame Bush.
Romney will straighten a lot of things up, but I am afraid that our country has gone so liberal that these is not turning back.
By the way, look at the history. When did the economy started having problem...after the democrats took over congress...so be careful on blaming all of it on Bush. But this is a fact that the left will not look at. Bush was a lame duck president.
@thegreatdebater (7316)
• United States
20 May 12
What has Romney said he will do will "straighten" things up? It always make me laugh when people say the government can't create jobs, but candidates always claim they will.
I hate to tell you this but it takes years for policies to effect the economy. Many blame democrats and Clinton for the Bush repression, but Clinton was out of office 7 years when the housing bubble busted. The economy started to collapse when the housing bubble burst, and Bush was warning the country of this in 2006. When did democrats take over congress?
@Fatcat44 (1141)
• United States
20 May 12
I am sure glad that you brought up about the housing bubble. The Republicans tried to do reform, but Bawney Fwank and Frank Dodd, the two leading democrats on the committee insisted that the housing stuff was okay and stop the reform. If the republican were able to get the reform they were, the housing bubble may not have been as bad...
But lets get to the real issue here. Obama has done nothing for 3 1/2 years He has put us in debt so bad, we may never come out. We have more debt per person that Greece, Portugal and Spain has, and Greece is going belly up!
Obama is a failed president and he needs to go. Bill Clinton is calling him failed. He has and had no experience leading him to be the POTUS. Romney has had plenty.
At least Jimmy Carter is happy that he will not go down in history has the worse president now.
@thegreatdebater (7316)
• United States
21 May 12
Fat, he has A LONG way to go to get into Bush territory. When he sends the country into the worse shap since the great depression, call me.
What you are saying about housing would be true if you didn't know that republicans knew about this bubble before 2006 when they controlled the entire government, and they worked hard to erase the laws that would have prevented this. If you ignor those facts you are 100% correct.
What experience does Romney have to help lead the country? This country does need to know how to outsource jobs, care only about how munch money you can make, and how to avoid paying tax by moving your money to off-shore tax shelters.




