Why CEOs aren't hiring

d-ray657 · #1 07-26-2010, 05:57 PM

Quote:

Originally Posted by Charles

Do you bet heavy when you've got a weak hand?

If so, we got a friendly little game Saturday nite, and you're welcome to set in. I think we're gonna be playing something called poker, don't know too much about it, myself.

What you're suggesting is that the corporations are purposely suppressing the economy in order to get more Republicans elected.

I figure that they've got both sides bought off in the first place, but there may be an element of truth to your argument.

But I contend that they're being cautious, with good reason. This election brings a lot of uncertainty, demand is still weak, and if you tool up and produce a bunch of widgets that nobody wants, you're gonna take it in the shorts.

Fools rush in. Besides, I don't see every CEO as another Hannibal Lecter.

Chas

You're right about them owning members of both parties. I meant to say "their favorite lapdogs."

I don't know about the weak hand though. Management has had a good hand for a long time, and they have drawn another ace with high unemployment. They're not all evil, but most are amoral. The expansion of profit takes precedence over every other thing.

Regards,

D-Ray

Charles · #2 07-26-2010, 06:32 PM

Quote:

Originally Posted by d-ray657

You're right about them owning members of both parties. I meant to say "their favorite lapdogs."

I don't know about the weak hand though. Management has had a good hand for a long time, and they have drawn another ace with high unemployment. They're not all evil, but most are amoral. The expansion of profit takes precedence over every other thing.

Regards,

D-Ray

What do you suggest they do?

Hire a bunch of people they don't need and build a bunch of stuff that nobody's gonna buy?

I will admit, CEO's tend to be way overpaid, but that's another issue. Companies do go broke.

As far as I'm concerned, now is a time so sit on your assets instead of pissing them away. Then you will be poised to make a move when things open up.

Chas

Kind of hard to set the world on fire when you're busted.