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Old 07-15-2012, 01:39 PM
 
31,387 posts, read 37,048,770 times
Reputation: 15038

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So while the conversation has shifted to when Romney leave or didn't leave Bain, I became curious to find out what jobs Bain created or didn't create.

Looking around I find that Bain's biggest success stories under Romney with the exception of Steel Dynamics are all either fast food or big box retailers. Not exactly the jobs that I would think represent the kinds of jobs the U.S. needs to lead the world in. And of all the jobs created by these companies, one has to ask how many small retail businesses were put out of business as a result? So when it comes to job creation, how many jobs actually were created, and of those how many are the kinds of jobs that support a middle class?

Staples,
Burger King,
Domino's Pizza,
Dunkin' Donuts,
Sports Authority,
Toys "R" Us,
Brookstone,
Burlington Coat Factory,
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Old 07-15-2012, 01:41 PM
 
1,604 posts, read 1,565,689 times
Reputation: 941
Quote:
Originally Posted by ovcatto View Post
So while the conversation has shifted to when Romney leave or didn't leave Bain, I became curious to find out what jobs Bain created or didn't create.

Looking around I find that Bain's biggest success stories under Romney with the exception of Steel Dynamics are all either fast food or big box retailers. Not exactly the jobs that I would think represent the kinds of jobs the U.S. needs to lead the world in. And of all the jobs created by these companies, one has to ask how many small retail businesses were put out of business as a result? So when it comes to job creation, how many jobs actually were created, and of those how many are the kinds of jobs that support a middle class?

Staples,
Burger King,
Domino's Pizza,
Dunkin' Donuts,
Sports Authority,
Toys "R" Us,
Brookstone,
Burlington Coat Factory,
Not to mention the millions of jobs Bain created in Communist China and other third-world countries at the expense of Americans. For every "job" they created in the US, several thousand more American jobs were destroyed.
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Old 07-15-2012, 01:45 PM
 
Location: Steeler Nation
6,897 posts, read 4,752,340 times
Reputation: 1633
Quote:
Originally Posted by ovcatto View Post
So while the conversation has shifted to when Romney leave or didn't leave Bain, I became curious to find out what jobs Bain created or didn't create.

Looking around I find that Bain's biggest success stories under Romney with the exception of Steel Dynamics are all either fast food or big box retailers. Not exactly the jobs that I would think represent the kinds of jobs the U.S. needs to lead the world in. And of all the jobs created by these companies, one has to ask how many small retail businesses were put out of business as a result? So when it comes to job creation, how many jobs actually were created, and of those how many are the kinds of jobs that support a middle class?

Staples,
Burger King,
Domino's Pizza,
Dunkin' Donuts,
Sports Authority,
Toys "R" Us,
Brookstone,
Burlington Coat Factory,
You can look for the negative if you like, but most of Bain's takeovers were a success, after all, they are in business to make money. The ones that did fail, were failures from the beginning.
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Old 07-15-2012, 01:46 PM
 
Location: Steeler Nation
6,897 posts, read 4,752,340 times
Reputation: 1633
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Originally Posted by NewYorkGuy View Post
Not to mention the millions of jobs Bain created in Communist China and other third-world countries at the expense of Americans. For every "job" they created in the US, several thousand more American jobs were destroyed.
How many jobs did Obama create when he was in the private sector?
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Old 07-15-2012, 01:46 PM
 
9,848 posts, read 8,281,707 times
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I heard a discussion about how he had a 78% success at turning bad companies around.
Not bad since they were going to go bust anyway.

Outside of bloating government pay and jobs agaist the tax paying public's wallets, what's the Obama ever really done in life?
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Old 07-15-2012, 01:49 PM
 
4,798 posts, read 3,508,949 times
Reputation: 2301
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Originally Posted by Ghostrider275452 View Post
How many jobs did Obama create when he was in the private sector?
Come on, someone had to set up the plates and plastic wear at all those community picnics...
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Old 07-15-2012, 01:51 PM
 
2,836 posts, read 3,496,025 times
Reputation: 1406
"Ah, you want fries with that?"
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Old 07-15-2012, 01:56 PM
 
31,387 posts, read 37,048,770 times
Reputation: 15038
Quote:
Originally Posted by NewYorkGuy View Post
Not to mention the millions of jobs Bain created in Communist China and other third-world countries at the expense of Americans. For every "job" they created in the US, several thousand more American jobs were destroyed.
Well the truth it Bain never created any jobs, but rather invested money into other people who actually did the job creating. Of course some credit has to be given to Bain for coming in and restructuring some of these companies so that they could maintain themselves but is that really job creation?
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Old 07-15-2012, 02:11 PM
 
2,836 posts, read 3,496,025 times
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Mitt Romney will "create" jobs - in China and India - that way America will be more "competitive" in global markets.
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Old 07-15-2012, 02:16 PM
 
4,798 posts, read 3,508,949 times
Reputation: 2301
Quote:
Originally Posted by Wendell Phillips View Post
Mitt Romney will "create" jobs - in China and India - that way America will be more "competitive" in global markets.
Well,if he can get government regulation costs down so more companies stay in the USA, it might turn around. He knows these laws very well, and unfortunately had to abide by them to make money. Yes, he is a horrible individual for making money in the USA.
And maybe NAFTA needs to be reigned in also. So many things.
But, he is a businessman with a very good background who understands how to be a leader. Much better than the community organizer, Senator that rarely voted other than present.......
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