excuse me, yes. they never turned a profit. solyndra never turned a profit. i mean, if you want to go through the record on this, senate republican policy committee has a list that will make your jaw drop of the number of companies that are distressed or in bankruptcy. this is a disaster for the taxpayer. the other issue here, kim, larger economic point is the misallocation of capital. it s not just the money that you misspend on a particular company. that money could have gone f it hadn t been directed by government to what turned out to be a loser to other purposes, and that has a corrosive effect over time on economic growth and efficiency. this is something washington doesn t seem to get. mitt romney made that point very brilliantly in the first debate when he pointed out that the amount of money that the. has blown, misallocated in funding these bankrupt companies, what that could have done for the president s other stated priorities, for instance, hiring teachers. it s impo
a misallocation of taxpayer dollars, but when the government puts its heavy foot in a market it causes private players to rush after the projects too, to misallocate their own capital because they think they can live off the government mandates, money that s coming out, and that s corrosive, too. still ahead, it s the race that could determine which party controls the u.s. senate. with two weeks to go, things are heating up in virginia. kim has been on the campaign trail there. she ll tell you which candidate has momentum when we come back.
excuse me, yes. they never turned a profit. solyndra never turned a profit. i mean, if you want to go through the record on this, senate republican policy committee has a list that will make your jaw drop of the number of companies that are distressed or in bankruptcy. this is a disaster for the taxpayer. the other issue here, kim, larger economic point is the misallocation of capital. it s not just the money that you misspend on a particular company. that money could have gone f it hadn t been directed by government to what turned out to be a loser to other purposes, and that has a corrosive effect over time on economic growth and efficiency. this is something washington doesn t seem to get. mitt romney made that point very brilliantly in the first debate when he pointed out that the amount of money that the. has blown, misallocated in funding these bankrupt companies, what that could have done for the president s other stated priorities, for instance, hiring teachers. it s impo
a misallocation of taxpayer dollars, but when the government puts its heavy foot in a market it causes private players to rush after the projects too, to misallocate their own capital because they think they can live off the government mandates, money that s coming out, and that s corrosive, too. still ahead, it s the race that could determine which party controls the u.s. senate. with two weeks to go, things are heating up in virginia. kim has been on the campaign trail there. she ll tell you which candidate has momentum when we come back. [ male announcer ] red lobster s hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! that s a good deal! [ man ] wow! it is so good! [ male announcer ] our new maine stays! 15 entrees under $15, seafoodchicken and more! oo! the tilapia with roasted vegetables! i mctually looking at the wd grilled chicken with portobello wine sauce. you so fascinated by the prices, you keep rambli
misallocation, economic weakness. you were talking early in the show about the troubles in greece and spain. do we want to repeat that by continuing to make government bigger in the united states in that s what really should be the debate. thought by whether a private individual happens to have some investments overseas as part of normal diversification. neil: you should not go into this automatically saying, we have to build the competitive industry supported by government to take the business away from china doing the same, knowing full well what you end up doing is doing business with china, doing exactly that. it always boomerangs on you. guest: if the president would assembly say, our corporate tax rate, including state corporate taxes is 40 percent, which is about 15 percent to 17 percent higher than the global average, fix that. then i would clap and applaud. but obama is not doing that. he has the class warfare agenda. that will make it harder to get