Mitt’s promise, LAST WEEK, of a multi-trillion dollar bailout of the auto worker unions is “ancient history”?
Please tell me you don’t think that pandering was conservative.
I gues you have never gotten rich by investing as I have.
Every buck I made was by FIRST LAYING DOWN MY HARD EARNED MONEY to invest.
You see there are two types of spending. One is buying depreciating assets, the other is buying potentially appreciating assets.
If a business such as the auto business the $20 Billion Romney is talking about is NOT GIVE AWAY CHECKS TO LAID OFF workers. It is the 2nd type of spending also known as investing for future profits. The auto industry will benefit from new research in many areas such as alternate sources of power, increasing fuel efficiency etc.
But unless you have made money by investing, you may never grasp the concept.