Media Endorsements of Presidential Candidates

[Tino]

No, you haven't. You've said that you interpret Obama's quote mined speech the way the Romney campaign has presented it even though you are fully aware of the full quote in context. Your explanation is little better than a statement of faith.

My interpretation of what he said was my own, not Romney's. When the President said "If you've got a business – you didn't build that", I asked myself if he really meant this the way it sounds and concluded that he did. If he meant it the way you think, there would be no need to preface the line with "If you've got a business".

In retrospect, how foolish. Businesses don't hire people or expand simply because they have more money to work with. They do so because they see potential for a return on investment.

Businesses can't expand or hire if they don't have more money to work with. Just having the money won't be the reason to expand - it will also require a reason to think that the investment will pay off. But it's not going to happen if the money isn't there. As a small business owner myself, and a member of a local small business association where I meet weekly with other small business owners, I know that having money to expand is what leads most business owners to do it. They always believe that there's more business to be had by growing - they're small businesses - they're not dominating a market. If the funds are there, they will use them to grow, expand and hire, just like I'm doing right now with my own business.

I think there is widespread agreement that raising taxes during a weak economy will not increase revenues by more than it loses due to slower economic growth.

And here we go. Increasing taxes on the rich = slower economic growth. Thank you. It's been proven untrue but there you go.

I've seen no credible sources who agree with your position on this. Raising taxes during a weak economy just slows things down more.