Amazing how some media conservatives define capitalism or what defines true venture capitalism or true free enterprise.
Not just “media conservatives” either. McCain defined it the same way in an interview with Megyn Kelly this morning.
He said, and Im paraphrasing, to just look at GM. They got a bailout, they had to fire a lot of people and that was painful but now theyre on a big upswing and are hiring again. Thats how capitalism works.