Friday, August 10, 2012

Obama Super-PAC Ad Shows How Little the Left "Understands" Business

In yesterday's blog, we discussed the ad that the Obama Super-PAC put out entitled "Understands," specifically how the ad was completely packed with lies. Today, I want to examine something else important about the ad: It shows how ridiculous the liberal mentality is about employment and business.

Buried deep within the ad is a liberal mentality: People are OWED a job and OWED health insurace from their employer, and if you lay off an employee due to perfectly legitimate business reasons, you are denying that person the paycheck they are owed just for breathing and denying them health insurance they are owed just because they work for you which they are owed because they are breathing.

Friends, as I stated repeatedly, I am not without sympathy. I am very sorry Mr. Joe Soptic's wife Ranae died of cancer. I really do feel bad. However, to blame Mitt Romney, Bain Capital, or pretty much anything besides CANCER is absolute ridiculous.

Just as importantly, this attitude that Bain Capital failed Mr. Soptic by laying him off in any way is absolute baloney. Here's how employment works, for you liberals out there: A business starts producing a product that people either need or desire that they can sell for more than it costs them to produce. Business is going well, so now they have more demand for the products they sell than they can keep up they hire more people! So a job is created! The employer then finds a person they want to hire. They agree to a contract. The contract is this: The employee sells his labor to the employer. This labor can be purchased in currencies that include both monetary compensation and other benefits. One of the most popular benefits is Health Insurance. 

This contract can be terminated by either party, pretty much at any time. The employee can decide they want to go sell their labor to another company at any time. The employer can also terminate the employment, whether it be because the employee is not fulfilling his end of the contract or because the employer no longer needs to purchase labor because the demand for the product has dropped. That, my friends, is known as LIFE.

But liberals like Mr. Soptic believe he was OWED a job and health insurance.  Honestly, that's the only reason you could legitimately blame Bain Capital or Mitt Romney for a woman dying of cancer; theoretically due to lack of insurance; is if you believed Bain or Romney OWED Mr. Soptic a job. And frankly, friends, that's just not how life works.

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