9 Reasons Why Business People are Terrible at Governing
Posted 13 February 2012 - 04:05 PM
2. Businesses do not care about their customers. I know. That statement is a little cold. They spend billions in advertising convincing us that they care about us. They truly want us to have clean clothes. They want us to have a clean environment. They want your children to frolic in fields. They sell you that toy just so your child can see you as the hero you are. They want you to be happy. Actually, no where in the corporate charter does it talk about customer happiness or even customer satisfaction. Sure, if a competitor is making their customers happy, there might be some incentive to go in that direction, but ultimately, it’s about the shareholders and only the shareholders. It’s easier and cheaper to improve the marketing than it is to improve the product or service. In other words, it’s fine to sell defective products, as long as they can manipulate a certain percentage of the people into believing they are buying a good product at a good price, their shareholders are happy. If the marketing campaign is really good, they will convince their customers that product defects are normal (as with many electronics) and that they should pay to replace their defective product with the next generation of the very same defective product.
3. The government is not in the business of turning a profit. Let’s use the post office as an example. Granted, the post office isn’t doing that great right now, but the reason for that is pretty simple. They aren’t charging enough. But let’s say they were doing well. Let’s say they were profitable. Customers would be screaming. We would want that money back in the form of cheaper postage stamps. In fact, wasn’t that the entire premise behind the Bush tax cuts? The government had a surplus of funds. Bush and the Republicans felt it should go back to the taxpayers.
4. The government is not in the business of creating demand. By and large, government services are services deemed necessary for our society to function. Businesses spring up every day by creating new demands for new products. Pharmaceutical companies invent illnesses. Clothing manufacturers convince us that we are somehow inferior if we are caught wearing last year’s styles. Governments pick up trash, teach children and put out fires. They have no incentive to have us create more trash, make dumber children or start fires. On the other hand, if those same services were run by business, the more trash they picked up, the more money they would earn. The more work they had to put into educating our children, the more money they would earn. The more fires they had to put out, the more money they would earn.
5. The cost cutting measures taken by businesses can backfire on the government. Since the age of free trade agreements, one of the most common cost cutting measures has been to outsource jobs. In fact, Mitt Romney’s company taught businesses how to save money by outsourcing. Personally, I’m a little uncomfortable with foreign nationals running the CIA. Say what you will about government employees, at least they pay American payroll taxes.
6. The government is directly accountable to us. Post-Citizens United, this might sound somewhat naive, but we do still hold elections and only the people are eligible to vote. A corporate CEO, on the other hand, is controlled by a small group of people known as the board of directors. If we, the customers, wish to fire our President or Congressperson, all we have to do is show up at the polls (something Americans are notoriously bad at). If we, the customers, wish to fire the CEO of a multinational corporation, well, good luck.
7. Business people tend to do a very bad job at governing. George W. Bush and Dick Cheney both came from business backgrounds. They left the country in the worst financial shape since the Great Depression. Mitt Romney’s Massachusetts was 47th out of the 50 states for job creation.
8. Business is by definition, amoral. Morality is not part of the corporate charter. The US Constitution is a moral (not to be confused with religious) document. It is a code of conduct for all government officials. It states that government officials must answer to We the People. If We the People don’t like the Constitution, we can change it. Business people have no such codes of conduct, unless it is to instruct them to not embarrass the corporation and its board of directors. We the Customers have absolutely no input into any such code of conduct.
9. Finally, businesses can, and do do something that would be unacceptable for the US Government…they go bankrupt.
Posted 13 February 2012 - 04:12 PM
U.S. DEBT HAS INCREASED $48,994 PER SECOND SINCE OBAMA TOOK OFFICE
Back in August, The Blaze reported that President Obama’s economic policies managed to add more debt to America than George Bush did, and in less than half the time! Today we have a staggering measurement that shows just how large that problem has grown.
When Obama took over for Bush in January of 2009, America was only $10.6 trillion in debt. In less than three years, the nation’s debt has ballooned past the $15 trillion dollar threshold.
To put it in perspective, as National Review notes, the national debt has grown by a stunning $48,994.12 per second that Obama has been in office.
A little rough math to illustrate how fast our debt is growing.
$48,994 per second works out to almost $3 million dollars per minute ($2,939,640)
$176,378,400 per hour
$4,233,081,600 per day – More than four billion dollars of added debt per day.
Critics might easily dismiss the numbers since they came from a conservative outlet like National Review. But guess where the numbers really came from? The non-partisan (and some would even say left-leaning) fact-check group, PolitiFact.com.
Posted 13 February 2012 - 05:26 PM
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Posted 13 February 2012 - 05:53 PM
Posted 13 February 2012 - 06:09 PM
Of course that also fits for anyone that would vote for either party right now
Posted 13 February 2012 - 06:11 PM
that's better than someone with their head up their ass.