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View Diary: My FAVORITE Part of the Mittgate Tapes (13 comments)

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  •  I caught that, too. (4+ / 0-)

    Self absorbed much Mittens? I really think he believes this. No one is willing to look at, or acknowledge what the market has done. True, Wall Street has been very profitable, but many 401k's and other accounts have made a comeback too. People can actually feel that.

    Unemployment is another thing entirely, and I don' think Mitt has any answers for that. Maybe if the congress plays ball there will be infrastructure spending and other government hiring.

    "Mitt Romney seems like the kind of man who immediately rushes off to wash his hands after sex. Really. Don't you think so?" My mother in law!

    by lexalou on Mon Sep 17, 2012 at 04:35:59 PM PDT

    •  The secret to making capital invest in jobs is... (1+ / 0-)
      Recommended by:
      benvautier

      ...drum roll...higher corporate taxes. Corporations will then reinvest a good portion of the money they hold in cash for capital improvements, including adding workforce, because putting the money to work (counting as expenses, instead of excess profits) will make the company more money than holding it for taxation. It's win-win as far as I can see.

      Lowered corporate taxes have only taken money out of the economy, and while lower corporate tax rates are good for the economy in many circumstances, they're counterproductive in others.

      Some people are intolerant, and I CAN'T STAND people like that. -- Tom Lehrer

      by TheCrank on Mon Sep 17, 2012 at 06:06:21 PM PDT

      [ Parent ]

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