Rich pull away from the rest of America

iVillage Member
Registered: 03-18-2000
Rich pull away from the rest of America
165
Sun, 06-19-2011 - 7:41am
"We" wonder why people aren't spending money & there's slow job growth.

 


Photobucket&nbs

Pages

iVillage Member
Registered: 03-30-2007
Sun, 06-19-2011 - 8:40am

This is not a big surprise to me.

iVillage Member
Registered: 03-03-2009
Sun, 06-19-2011 - 3:21pm
My DH owns a small business. He's honest enough to state that his goal is to make money providing professional services. But he's also fairly well aware of his employees' personal situations.

About a year or so ago, he called a meeting. Some thought they were going to be told about layoffs. Instead, he told them that the company as a whole had done well enough to give out a second round of bonuses.

A good manager realizes that teamwork matters. Motivated and happy employees are more likely to ensure that a company runs smoothly.

Jabberwocka

iVillage Member
Registered: 02-05-2011
Sun, 06-19-2011 - 3:33pm
I thought Obama fixed this stuff?
iVillage Member
Registered: 06-07-2011
Sun, 06-19-2011 - 3:57pm
((A good manager realizes that teamwork matters. Motivated and happy employees are more likely to ensure that a company runs smoothly.))

There are many, many companies that run smoothly. There are many, many people who are happy in their jobs. Does your DH want the government telling him how much money he is "allowed" to make? Does he want the government telling him how much of a bonus he should pay his employees based on his profit? Or should that be best left to the owner of the company to decide?

Usually, the owner of a company knows what is best for his or her company more than the government does.
iVillage Member
Registered: 03-03-2009
Sun, 06-19-2011 - 5:17pm

I don't have the same faith in all company owners that I have in DH. He's pointed out more than once that there are competitors in his field whose management treats employees as though they were juvenile delinquents. And he attributes his success to better management. There are plenty of business owners with less scruples and consideration. Remember the former head of Home Depot?

Show me where the government is imposing restrictions on profits. Or are you referring to certain financial institutions which took the nation to the edge of chaos in their greed and scope of involvement? Maybe the oil companies' CEO's who extort substantial tax breaks, depletion allowances, foreign policies fixed around their desire to make money? Or maybe it's some of the companies like the Chrysler and GM? Personally, I think that it's entirely reasonable to attach strings given the impact of those bigger businesses.

Maybe you'll clarify with concrete examples rather than general statements which lack enough detail for a thoughtful response.

Jabberwocka

iVillage Member
Registered: 03-03-2009
Sun, 06-19-2011 - 5:20pm
How? Every time he makes a move which might bring a greater measure of equality, there are yowls of "social engineering", "socialism", "big government" etc.

Jabberwocka

iVillage Member
Registered: 06-07-2011
Sun, 06-19-2011 - 7:10pm
((Show me where the government is imposing restrictions on profits))

They aren't, yet. However, it appears that there are plenty of liberals who feel it's necessary. Funny how those small business owners like your husband feel that THEY do a good job with their employees but NOBOBY else does. Like I said, there are many hundreds of well run small, medium, and large companies in America. Who are you (general you) or anyone else to dictate how much profit an owner of a company is allowed to take? If employees are unhappy in their work place, they will leave. A badly managed company does not stay in business for long.

I noticed you mentioned oil company CEOs but no mention of Obama's pal, GE CEO Geoffrey Immelt. His company raked in billions! He donated heavily to Obama's campaign. GE didn't pay a dime in Federal income tax. And what does Obama do? Appoints his buddy to run the jobs panel...just as GE ships jobs overseas.

http://www.huffingtonpost.com/2011/01/21/obama-picks-jeffrey-immel-ge-jobs-overseas_n_812502.html

I would LOVE to hear what you would like to do about the "rich getting richer" problem in America. Do you think the government should limit profits of companies? Do you think raising corporate taxes is the answer? Or will it just cause more companies to close shop in America and move elsewhere? How much is too much money to make?

Do you really want the government getting involved in private business?
iVillage Member
Registered: 03-03-2009
Sun, 06-19-2011 - 9:05pm

Huh.

Jabberwocka

iVillage Member
Registered: 03-18-2000
Mon, 06-20-2011 - 9:02am

"Plutocracies in which much of a nation's wealth and power is vested in the hands of a few, are ripe for revolution."
I hope is doesn't come to that but I get your point.

Destruction of unions runs parallel to the destruction of the middle class.

http://thinkprogress.org/politics/2011/03/03/147994/unions-income-inequality/

http://newstalgia.crooksandliars.com/gordonskene/unnion-busting-80s-happy-suits-doom

 


Photobucket&nbs

iVillage Member
Registered: 03-30-2007
Mon, 06-20-2011 - 9:38am

I know so many people my age and older that can't afford to retire.

Pages