Obamanomics
Here’s an interesting campaign video by the Obama team:
So, Mitt Romney destroyed a profitable company and fired everyone because….??
Can you answer that?
Let’s imagine you bought SCM. Let’s also assume you are a greedy tycoon who loves money. Obviously, your first move as owner will be to shut the factory down. Wait… No. No - you’ll first make things miserable for everyone, make sure you’ve ruined their way of life - THEN shut the factory down. Wait…
How does that make you money?
“Because you won’t have to pay the workers!”
Okkkkaaayy. But you’ll also have no income. So, if a company is making more money than it costs to operate, it is making a profit. If you are a money-grubbing sociopath, you will still want the profit. Closing the factory would constitute a loss on your investment. It’s not a tenet of capitalism to lose money out of spite.
The question stands - what would motivate Mitt Romney to shut down a factory?
Maybe Barack Hussein has an answer. Once he’s done being a demagogue, he might tell us. Until then, he will probably continue to unironically produce patronizing and condescending videos portraying Mitt Romney as an “elitist.”
…And how the crowd will love him for it.