Friday, July 1, 2011

Politics + Business = Unemployment

Remember when I said that business people aren't that creative? When things go wrong, or when the CEO needs to buy a new jet, instead of coming up with innovative ideas or ground-breaking strategies, they just lay off employees, usually non-professionals: facilities, maintenance, clerks, customer service representatives. They do this because it's easy, there isn't a societal or financial cost to them, and the benefit is immediate and long-term. It's a win-win. Well, it's a win-win for CEOs, who immediately get obscene bonuses and to the share-holders who see more in retained earnings.

Guess what you get when you vote in politicians who are business-people?

If you can't come up with a single idea, ask Wisconsin.

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