Mitt Romney's Big Bird Attack Threatens Thousands Of U.S. Jobs

[buckshot24]

Not that I agree with Moonbeam's hyperbole, but there's a difference between people who actually create wealth and those who merely concentrate it.

Is the world really a richer place because of Mitt's financial machinations, or is it just that Mitt & Co are richer while their victims are poorer?

If one steals to get rich then that is not creating wealth, agreed. One can also create wealth for themselves at the detriment of others, sure.

This isn't really about Romney as Moonpie seemed to just want to kill everybody who has a lot of money. But assuming Romney does merely, in effect, rob from others that doesn't mean that wealth isn't genuinely created by other wealthy people. Although I wouldn't concede this point so easily and I don't particularly want to get into whether Romney's business dealings are a net plus vs a net loss for the economy as a whole.

If I win a giant synthetic derivatives bet, have I created wealth or just transferred it from somebody else to my own bank account?

Who cares? Real wealth is created in other endeavors even if this example shows that it really wasn't.

If I were a builder whose company ultimately failed to show a profit after employing hundreds of workers building thousands of homes, have I failed to create wealth?

You can create wealth without creating it personally for yourself.

When govts, international agencies & non-profits cooperate to create & disseminate modern high yield disease resistant varieties of rice, corn & wheat, do we measure the wealth created by their profit, or by some other measure?

I answered this above.

Do I measure my wealth strictly by what's mine, or should I include the wealth I share with others- roads, schools, bridges, parks, libraries, fire protection, police, safe food & drugs, so forth & so on?

No you cannot because you may have stolen all that you have and I agree that this is not wealth creation.

Who created that, if not the American people?

The rich paid the lions share of the taxes that build the roads, hire the police, and everything else you mentioned. The poor person who gets food stamps, section 8 housing and an Obama phone is a net negative to the wealth of our economy. Romney has paid more taxes than most of us will ever see in our lives to build roads and all the rest. Since Romney knows how to create personal wealth he has to pay taxes on that wealth.

Taking Romney's money and giving it to people like the Obama Phone Lady who can't even hold a job is just a ridiculous suggestion that would not grow the economy. Investment creates wealth, people pursuing their own benefit creates global wealth (generally) as long as they don't break the law. Obama Phone Lady would just waste the money through high living and not make investments to benefit others. Sure the money she spends would help businesses temporarily but it would be like a sugar high.

 

[EXman]

I love how Romney claims he will add all these jobs, then talks about slashing jobs.

Ever heard of Coal... BHO wants to put a whole industry underwater.

 

[Jhhnn]

No you cannot because you may have stolen all that you have and I agree that this is not wealth creation.

That's supposed to make sense? You're not agreeing with me at all, btw...

 

[sportage]

Just ordered a 5 foot big bird balloon.
Like the kids party kind.
I will be planting big bird in my front yard and attaching an Obama/Biden sign.
Now THAT will get attention!
(only 10 left on amazon.com @ $10.99)