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The Incredible Bain Jobs Machine
Wall Street Journal ^ | July 16, 2012 | Andrew Kessler

Posted on 07/17/2012 9:17:15 AM PDT by AZLiberty

Did Mitt Romney and Bain Capital help office-supply retailer Staples create 88,000 jobs? 43,000? 252? Actually, Staples probably destroyed 100,000 jobs while creating millions of new ones.

Since 1986, Staples has opened 2,000 stores, eliminating the jobs of distributors and brokers who charged nasty markups for paper and office supplies. But it enabled hundreds of thousands of small (and not so small) businesses to stock themselves cheaply and conveniently and expand their operations.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy
KEYWORDS: 2012election; capitalism; election2012; freemarket; kenyanbornmuzzie; mittromney; regulation
Capitalism rules! Excessive regulation forces entrepreneurs to wade through waist-deep mud to make life better for everyone, including themselves.
1 posted on 07/17/2012 9:17:26 AM PDT by AZLiberty
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To: AZLiberty

And Henry Ford destroyed buggy whip jobs. That a$$!


2 posted on 07/17/2012 9:22:34 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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