Saturday, November 26, 2011

"The business of America is business."

"If a businessman does what he thinks will keep his business making money, it is good for his employees and by extension his society."
-TV news personality

For small businesses, the statement is easily self-evident.
We applaud small business owners who help their communities by providing goods/services and employment.

For corporations, it's a whole 'nuther ballgame.
Corporations seem to help communities by building factories or offices and hiring locals en masse.
Of course, as we saw with General Motors, the corporate jobs become a part of the booming community's foundation, so when the inevitable layoffs come (once again en masse), the community founders in a sea of unemployment.

A businessman who "does what he thinks will keep his business making money" by cutting employees' wages to ludicrous levels, denying health insurance or other benefits, or simply laying off huge numbers of people, all the while making record profits for himself, does a huge injury to the community, and to society.

Especially when all of the corporate businessmen get together and realize they can enrich themselves dramatically by universally adopting the above policies.

Which is what has happened.
Thus the economy sinks, unemployment skyrockets, and even those who HAVE jobs can't get by without federal aid or incurring debt.
All while those corporate businessmen rake in huge profits year after year and just keep getting fatter.

No comments:

Post a Comment