Will Cain, CNN contributor and Mitt Romney supporter, this morning on CNN Starting Point: Profit creates jobs.
This was in a discussion about Bain Capital. It's not true. Profits create big bank accounts for the CEO, they create a short term return for the shareholder, but they do not create jobs. What creates jobs is demand. What creates demand is a strong middle class. What creates jobs is jobs and since Mitt Romney was all about delivering profit to himself and his investors by bankrupting American companies, destroying American jobs and screwing American workers out of their pensions he's a terrible choice to lead the country.
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