Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

According to President Obama, Entrepreneurs Don’t Build Businesses
Principles & Policy ^

Posted on 07/15/2012 11:15:14 AM PDT by Sark

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 last
To: DaveTesla
This is a financial gamble and why it takes capital to do so.

One more point your comment spurs: Production takes place before demand is manifest. There was no demand for an iPhone before Apple thought of it, designed it, and spent tens of millions, probably more, producing it.

The consumers came after the fact. Try to tell that to Obama and expect him to understand.

41 posted on 07/16/2012 3:24:37 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: BfloGuy
When the the Democrat administration sucked all
the capital out of the market that stalled everything.

Manufacturing is very capital and equipment intensive.
You must have the machinery and materials before you
can hire personnel to manufacture things.

I see that you understand these things but most do not.

They think that government and the tooth fairy create jobs.
It takes money to make money.

Try expanding when there is no credit and all the banks
are operating under a letter of memorandum from the Federal Reserve.

I started to use private capital but they all went underwater.
Things are finally starting to loosen up but for the last
3 1/2 tears we did not expand because the market was depressed
and the capital was not available.

42 posted on 07/17/2012 7:33:04 PM PDT by DaveTesla (You can fool some of the people some of the time......)
[ Post Reply | Private Reply | To 41 | View Replies]

To: DaveTesla
Try expanding when there is no credit and all the banks are operating under a letter of memorandum from the Federal Reserve.

And even if you have your own capital, why would you bother using it if you expect its return to be taxed away by the upcoming fiscal cliff, a President who shows his hatred of free enterprise every day, and the looming health care debacle?

It's bad and getting worse.

43 posted on 07/18/2012 3:08:08 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
[ Post Reply | Private Reply | To 42 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson