Jon Stewart Busts Romney and Bain on picking winners and loserson October 26, 2012 at 6:38 am
Bain Capital had a 22% failure rate in picking losers while the government has only an 8% loser rate. In fact the purpose of government, from who is elected to how we are taxed to how we spend our money is based upon picking winners and losers.
This Republican crap about the government having no business picking winners and losers is even more absurd than the Republican Convention in Tampa which had as it’s theme, YOU DIDN’T BUILD THIS. A quote taken out of context – which everyone knows was taken out of context – but Republicans went with anyway because the truth does not matter to them, or to most American voters.
It is the same with their daily dose of lies. They will not be dictated to by Fact Checkers.
But it is the BIG LIE that they get away with the most. That if we keep reducing taxes and regulations on the wealthy, the rest of us will benefit on the tinkle down low. Reagan tried that and TRIPLED the national debt, which at the time Republicans said didn’t matter. George W. Bush tried that and DOUBLED the national debt. Which VP Dick Cheney famously said, “Debt doesn’t matter.” And since tinkling down began in 1980, wealthy incomes have shot up to 500 times what you make, while your wages and salaries have less buying power than ever before.
But we must give Republicans a break, after all, if they did not run their party on a pack of lies they would never get elected to anything. So give them that at least, they are only being pragmatic. You will never die and you don’t have to pay taxes! There is genius in that, I have to give them credit.