Why can't Californians have nice things? Because the "Golden Dream by the Sea" was all yeah eat me when HP CEO Meg Whitman tried to save it from itself the same way she has saved Hewlett Packard! What is it about "Creative Destruction" that California doesn't understand? As typewriters and steel mills and Hewlett Packard employees become obsolete, the economy churns, and industries fall so that they may be replaced by something more better! It's Schumpeter and stuff! (Why this should be a necessary part of the economy, but help for those who were creatively destroyed out of their jobs should be Moral Hazard and akin to feeding stray animals, we never did understand, but Economics Is Hard!)
So HP's profits were a mere 6 billion fucking dollars? That's tragic - no wonder Meg felt the need for some creative job destruction.
27,000 jobs (for the unwashed 99%-ers) are a small price to pay, when weighed against the unbearable agony of the Mitt Romneys of the world suffering a tiny drop in their (taxed-at-15-percent) dividends and capital gains. I'm sure that extra bit of cash will trickle back down to the 27,000 -- with magical invisible-hand bonuses attached. (Someone should ask Mitt how that's gonna work, exactly, because I sure as hell ain't seeing it.)
True 'nuff. Take Whitman's $16 mil and let HP keep it and invest it, and then the theory works. Adding it to her personal pile of cash doesn't do shit for the economy (and ditto for the dividends and capital gains of the shareholders.)
Gee, you'd think that selling printer ink at the same price point as a 1961 Chateau Lafite would be more profitable! On second thought, that's exactly why I don't buy HP printers.
27,000. Granted, over a period of years, but <i>geeze.</i> NPR just reported that a third of these are going to be here in the states.
Even if that <i>Good News Hat Trick (TM)</i> shows up, I&#039;m wondering if I should just trade in my snark credits towards more compassion ones; those poor folks are welcome to them.
The job creators have had Dubya&#039;s favorable tax treatment for ten years. It doesn&#039;t work. Never did.
Jobs are created by people who buy things, not by rich people with some extra folding money. In the highly technical language of economics, it&#039;s called &quot;demand&quot;. Jobs are not created by people who run a business. Ask those who worked at that closed store whose name everyone has forgotten.
Not a day goes by where the GOP remind me more and more of Zorg from the Fifth Element.
Assistant: Sir, the board recommends laying off 500,000. Zorg: Lay off one million.
So HP&#039;s profits were a mere 6 billion fucking dollars? That&#039;s tragic - no wonder Meg felt the need for some creative job destruction.
27,000 jobs (for the unwashed 99%-ers) are a small price to pay, when weighed against the unbearable agony of the Mitt Romneys of the world suffering a tiny drop in their (taxed-at-15-percent) dividends and capital gains. I&#039;m sure that extra bit of cash will trickle back down to the 27,000 -- with magical invisible-hand bonuses attached. (Someone should ask Mitt how that&#039;s gonna work, exactly, because I sure as hell ain&#039;t seeing it.)
EDIT: I almost forgot: Fuck you, Meg.
True &#039;nuff. Take Whitman&#039;s $16 mil and let HP keep it and invest it, and then the theory works. Adding it to her personal pile of cash doesn&#039;t do shit for the economy (and ditto for the dividends and capital gains of the shareholders.)
Good move, Mitt. That&#039;s another 27,000 people who aren&#039;t going to vote for you. Keep up the good work!
Gee, you&#039;d think that selling printer ink at the same price point as a 1961 Chateau Lafite would be more profitable! On second thought, that&#039;s exactly why I don&#039;t buy HP printers.
yeah and his fucking bullshit attempt at what? snark immediately made me stabby.
seriously this guy. i read text and get aggravated.
i will be one miserable bitch if he gets elected.
i&#039;m not paying attention until someone brings back the demon sheep.
really?
(/snark).
It&#039;s bonus time!
Company president lays off workers, stock price goes up. American president lays off workers, deficit goes down?
... but that&#039;s what plants crave!
27,000. Granted, over a period of years, but <i>geeze.</i> NPR just reported that a third of these are going to be here in the states.
Even if that <i>Good News Hat Trick (TM)</i> shows up, I&#039;m wondering if I should just trade in my snark credits towards more compassion ones; those poor folks are welcome to them.
The job creators have had Dubya&#039;s favorable tax treatment for ten years. It doesn&#039;t work. Never did.
Jobs are created by people who buy things, not by rich people with some extra folding money. In the highly technical language of economics, it&#039;s called &quot;demand&quot;. Jobs are not created by people who run a business. Ask those who worked at that closed store whose name everyone has forgotten.