Robert Reich on "Romneyism". (HuffPo)

[JohnnyRingo]

Many political observers have portrayed Mitt Romney as a "well oiled weather vane", a man without any guiding principles. In this article, Robert Reich disputes that position and lists the ten unchanging principles of "Romneyism":

1

. Corporations are the basic units of society. Corporations are people, and the overriding purpose of an economy is to maximize corporate profits. When profits are maximized, the economy grows fastest. This growth benefits everyone in the form greater output, better products and services, and higher share prices.

2. Workers are a means to the goal of maximizing corporate profits. If workers do not contribute to that goal, they should be fired. If they cannot then find other work that helps maximize profits in another company, their wages must be too high, and they must therefore accept steadily lower wages until they find a job.

3. All factors of production -- capital, physical plant and equipment, workers -- are fungible and should be treated the same. Any that fail to deliver high competitive returns should be replaced or discarded. This keeps an economy efficient. Fairness is and should be irrelevant.

4. Pollution, unsafe products, unsafe working conditions, financial fraud, and other negative side effects of the pursuit of profits are the price society pays for profit-driven growth. They should not be used as excuses to constrain the pursuit of profits through regulation.

5. Individual worth depends on net worth -- how much money one has made, and the value of the assets that money has been invested in. Any person with enough intelligence and ambition can make a fortune. Failure to do so is sign of moral and intellectual inferiority.

Entire list of "Romneyism" here:
http://www.huffingtonpost.com/robert-reich/romneyism_b_2069095.html

[denverbill]

1. You know I'd never really thought of it that way before, but the article is completely spot on.

And doubly so for Paul Ryan.