Mitt Romney’s allegation? Under Obama businesses can’t flourish:
And now, the President is trying to erase his record with rhetoric. Just the other day, he said, “We are inventors. We are builders. We are makers of things. We are Thomas Edison. We are the Wright Brothers. We are Bill Gates. We are Steve Jobs.”
That’s true. But the problem is: he’s still Barack Obama. And under this President, those pioneers would have faced an uphill battle to innovate, invent, and create.
Under Dodd-Frank, they would have struggled to get a loan from their community bank.
A regulator would have shut down the Wright Brothers for their “dust pollution.”
And the government would have banned Thomas Edison’s light bulb. Oh, that’s right. They just did.
The real cost of these misguided policies are the ideas that are never pursued and the dreams that are never realized.
For centuries, the American Dream has meant the opportunity to build something new. Some of America’s greatest success stories are people who started out with nothing but a good idea and a corner in their garage. But today, Americans who want to start a new business or launch a new venture don’t see promise and opportunity. They see government standing in their way.
So. Jobs. Gates. Wright. Edison. Building things. Let’s see:
Apple. Most profitable company. Ever.
Microsoft. Record earnings for Q2, FY 2011-2012.
GM. Record profit in 2011. the highest profit in 103-years of business.
Chrysler. 2011 was first full year of profitable quarters since 2005
Boeing. Beat expectations for 2011
Wall Street. Earned more under Obama’s time in office than during Bush’s two terms
GE. Profits up for 2011. Strong 2012 outlook.
Yes. Obama is anti-business until you look at how business has done under him.