"You didn't build that" - Obama

[theprof00]

Kasz216 said:

badgenome said:

Since no one has managed to explain how Romney changed the meaning of Obama's statement by taking it out of context, let's look at Obama's explanation.

 

"You think you're so smart, you think you worked so hard, there are roadzzzzz and teacherzzzz, you didn't build that!" = "Small businesses rule, let's support them (by raising taxes on them)!"?

Yeah I couldn't help but think about how much it plays up to the validity of this article.

http://online.wsj.com/article/SB10000872396390443931404577549223178294822.html?mod=e2tw

I liked the article, but in modern global capitalism, what prevents our companies from becoming multinationals?

The way I see it, the free market and capitalism are the greatest force on Earth, but it isn't a loyal force except to the capitalists and traders. What do we make of it then, when capitalists are the power? What are the solutions to this? As I see it, the manufacturing done overseas is to save costs on labor, so how do we as a country eschew that advantage and bring jobs back without regulation and governement?

I really don't see a solution there. Yes capitalism is great, but it rewards the capitalists, not the country the capitalists live in. Further, now capitalists (like Romney) are hiding their money in offshore accounts, and not circulating it in the economy. Circulation is the key to a strong economy. It feels like capitalists really are the problem.

As far as my feelings on it, look at Ralph Lauren, making our national uniforms in China. Now China is leading with gold medals. I know it sounds silly, but what the fuck are we doing as a country? We're giving them everything, sorry, the capitalists are giving them everything. The only solution here seems to be "become China", and that scares me.