Cities and States across the Nation have failed or are failing due to reduced revenues. Four years ago the United States suffered a catastrophe National Economic Collapse from which it has not fully recovered. Numerous major Private Sector Fortune 500 Corporations, so-called to big to fail institutions, failed after the money market froze and they became hard pressed for revenues. The worlds largest vehicle manufacture failed for lack of revenues because consumers could not get loans to buy their products.
Over the past four decades General Motors and other automakers have had to retort to expensive incentives time and time again to move inventories and assumed losses. Currently Opel operations in Europe are draining substantial profits from GM.s profitable domestic operations and although General Motors is selling nearly as many, and from time to time more, cars in China as in the United States they say tight profit margins are the reason Chinese sales are not adding much (if anything) to the Corporate bottom line.
Yet Conservatives would have us believe the Federal Government could do more with less revenues and less services. None of the businesses that failed and went bankrupt under the ownership and leadership of Willard Romney and Bain Capital were able to do more with less revenue and less viable products so Romney needs to explain how under his stewardship can we expect the United States to do more with less revenues and less viable services eh?
However, given his "Don't ask, don't tell" policy, Romney doesn't answer the hard and difficult questions so "Don't Ask," because whatever the truth is Mitt Romney is not about to tell because "You People" do not need to know and the President would only use it against him. Mr. Romney only wants to focus on what he claims are this administrations failures and says that it is inappropriate to focus on "It wasn't me" Romney's failures, indiscretions and contradictions as Governor and a Businessman.
Mitt Romney says: what America is not is a collective where we all work in a Kibbutz... You could take that to mean: "Every man for themselves!" Is that the attitude we in America would expect from our leader?