It’s pretty amazing to watch. Reagan would have NEVER gone this route and I don’t believe any of the ‘conservatives’ using this argument can effectively come across as Reagan-esque. If Pubbies have to come off like Lefites to make their case, they’ve lost.
Finance creates winners and losers - it’s that simple. Bain wasn’t unique (except for repeatable and decent returns) and they were not in the business of hiding the fact that they did leveraged buyouts. Never thought there’d be need to defend Business / Finance 101 on FR. :|