Posted on 06/06/2012 11:23:45 AM PDT by Starman417
In business there is something called “sunk costs” which refers to funds that have been spent and are unrecoverable. At any given point sunk costs are irrelevant to the decisions going forward. An example of this would be a company that has spent a billion dollars building a plant and now has to choose whether or not to spend another billion dollars hiring staff and actually operating the plant. At the point of the decision the only thing that should be relevant to the decision makers is what makes best sense for the firm going forward. Does the company make more money by staffing and operating the plant or by selling it? The decision should be based solely on what’s best going forward, with no sentimental attachment to the billion dollars already spent building the plant.
The key element of sunk costs is recognizing that you can’t change or undo anything that has already happened and therefore the focus of your attention should be what you can do today to impact tomorrow.
The last three years should be looked at as sunk costs… or simply unalterable history. The November election cannot turn back the clock. It can only look at a course for the future.
As such, voters should evaluate Barack Obama and Mitt Romney as a board of directors would if they were seeking to hire a president or CEO to run their organization.
The first thing you’d do is take a cursory look at their resumes. Obama earned an undergraduate degree from Columbia while Romney earned his from BYU. Both men earned graduate degrees at Harvard. On that score you’d have to say that the men were very similar. As for their success as students it is not currently possible to compare the two. Romney graduated in the top 5% of his class at Harvard while Obama has refused to release any of his school transcripts.
The next thing you might look at their relevant work experience.
Obama worked as a community organizer in Chicago, taught Constitutional law at Columbia, was elected to the Illinois Senate and then the US Senate. His most important work experience comes from his three years as President of the United States.
Romney worked as a business consultant, founded a private equity firm, managed the 2002 Winter Olympics in Salt Lake City and served as Governor of Massachusetts for four years.
Finally you might look at their family situations and personal life as you wouldn’t want your new leader embarrassing your organization. Obama is a nondenominational Christian and is by all measures a devoted husband and dedicated father of two little girls. Romney is Mormon, has been married to his wife for 43 years and the couple has raised five boys.
On first blush both men seem to have the basic qualifications necessary to be President. But one needs to look at the experience a bit deeper now.
Barack Obama’s career was fairly unremarkable prior to entering the White House. As such, his best case can be made when looking at his time in office. He was presented with a difficult situation of the American economy in 2009. What has he done? The most obvious thing is that he’s borrowed and spent a great deal of money. Results? Higher unemployment than when he took over. Fewer people are actually working than when he became President. Inflation is 3% higher although the economy is experiencing stagnant, albeit positive, growth; the slowest recovery since the Great Depression. He passed ObamaCare and was subsequently sued by 27 states and the law is in front of the Supreme Court. Osama Bin Laden is dead. American troops are out of Iraq.
(Excerpt) Read more at floppingaces.net...
Don’t you love the mind readers among the anti-Romney crowd?
Pretending they “know” what he’ll really do, in spite of what Romney has said that he’ll do, once in office.
They go on to rationalize their anti-Romney actions, as though they can be separated from a pro-Obama result.
“BUT!”, “I have my priciples to uphold, and my mindreading powers insist Romney will violate those priciples, in spite of his promises.”
They will be comforted in 2015, as America disolves into Obama’s United Soviet States, “But, I stood by my beliefs!”
I am part of the conservatives only crowd.
I will be voting for Virgil Goode.
Words mean little.. actions mean a lot. I don’t trust the words coming out of Romney’s mouth. I do trust his prior actions to be a good example of his future actions.
The old adage how do you know a politician is lying? His lips are moving.
It’s part of the game, they all lie to get elected. Obama lied his ass off he is living up to his actions prior to being elected.
Romney will too.
So your solution for America is....?
Also, the ABR crowd studiously avoids the kenyan's marxist record as POTUS. No need for projection there. We have all the proof we need regarding what to expect in a 2nd term for obama.
My solution? I don’t have one. hows that strike ya?
No matter who is in charge it’s going to be the same old same old.
What we have in DC now corrupts them faster than we can send them.
“Don’t you love the mind readers among the anti-Romney crowd?
Pretending they “know” what he’ll really do, in spite of what Romney has said that he’ll do, once in office.”
I was taught that actions speak louder than words. I know his record. Why would I believe any of his promises? I have a conscience and answer to God. If He wants to judge this country, so be it. I can’t vote for Romney.
Yes. How dare we ignore Romney's campaign promises, and focus instead on his actual record as Governor of Massachusetts?
I mean, who really pays attention to a prospective CEO's resume, when they're looking for a new person to head the corporation? Much easier to simply go with whoever has the best sales pitch, right?
Great analogy..
We hired the last guy based on his sales pitch..
How’d that work out again??
Goode grew up as a Democrat.[5] He entered politics soon after graduating from law school. At the age of 27 he won a special election to the state Senate from a Southside district as an independent after the death of the Democratic incumbent. One of his major campaign focuses at the time was advocacy for the Equal Rights Amendment.[6] Soon after being elected, he joined the Democrats.
Goode wore his party ties very loosely. He became famous for his support of the tobacco industry, where he spoke about his fear that “his elderly mother would be denied ‘the one last pleasure’ of smoking a cigarette on her hospital deathbed.”[6] He was an ardent defender of gun rights while being an enthusiastic supporter of L. Douglas Wilder, who would become the first elected black governor in the history of the United States. At the Democratic Party’s political convention, it was Goode who nominated Wilder for lieutenant governor in 1985. However, while governor, Wilder cracked down on the sale of guns in the state.[6]
After the 1995 elections resulted in a 20–20 split between Democrats and Republicans in the state Senate, Goode seriously considered voting with the Republicans on organizing the chamber. Had he done so, the State Senate would have been under Republican control for the first time since Reconstruction (the Republicans ultimately won control outright in 1999). Goode’s actions at the time “forced his party to share power with Republican lawmakers in the state legislature,” which further upset the Democratic Party.[6]
Wow, so much for Mr. Conservative....
Or do you need a "read my lips" refresher course?
Yep, but bitter clingers will always be bitter clingers.
Tell me about it. And despite all that, we're now looking to hire a new guy who's got a record that would make any liberal Democrat proud. It still boggles the mind that the GOP establishment pushed this liberal to the front of the pack in such a time as this.
I can hardly wait to see Romney's brand of "severe" conservatism. Not.
About the only way I see out of this conundrum, is if a million patriots descend upon the convention in Tampa and demand a different nominee. Doesn't look like that's going to happen. The fight has already gone out of our people because, "Lookee, our guy has an R on his sleeve!"
I hope the conservative brand can survive this guy.
Not good... Er... Goode.
I think these fringe candidate’s only motivation is to see how many votes they can steal from the GOP candidate. They have to be motivated by ego because helping Obama sure isn’t patriotism.
Not sure about the CP, but the LP draws from both sides pretty equally.
Doesn’t help when the “conservative” side of the big Two Party Duopoly is busy doing everything it can to rid itself of it’s conservative voting Base.
And your solution for America is....?
Seems to me the TEA Party influence is growing, not declining. A few more cycles like 2010 and the GOP should have a strong bench to draw from in 2020.
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.