Carrington Automotive employee meeting (How Obama = no small business jobs)

startrekguide.com ^ | 05 Nov 2009 | Handyman

[2banana]

It is a great read on how obama will destroy small business jobs and the fools who voted for him (that still have a job).

Have no idea why it is posted on startrekguide.com but live long and prosper!!!

[domenad]

It’s posted on startrekguide.com because even lithium crystals, food replicators, and transformers don’t change basic business. Ask the Ferrengi.

[Non-Sequitur]

Except that you’ll notice that his first inclination and only solution is to screw his employees, the very people who helped him build his business to begin with.

[scooby321]

Look in the parking lot and fire the ones who have Obama stickers.

[DonaldC]

I’m not sure this post makes an argument against obama as much as support what obama says about those evil business owners....LOL

[ilgipper]

Labor is the largest expense in almost any business. It is the first to go because it is the easiest way to cut costs with the least impact on revenue.

[YankeeReb]

Really puts it in perspective. Even for conservatives, after awhile all the numbers and promises kind of wash over you and become background noise, but we all need to remember, like the article says, that $hit and taxes roll downhill and eventually most of us are standing on the bottom of the mud slide. Or as Reagan said, corporations don't pay taxes, individuals do.

[YankeeReb]

Not really, see response #6 that person gets it.

[DonaldC]

There is one aspect I don’t understand and maybe someone can help we out. When a business sees some kind of cost increase in an area, I understand they will adjust another area to compensate and remain competitive. But in this case, where every business is going to be hit with a tax increase, won’t this just be passed on to customers, like an immediate inflation hit?

[GUNGAGALUNGA]

Hey Commie....WHo is the one taking all the risk by borrowing money so those people will have a place to work?

Its called risk.

[N. Theknow]

But in this case, where every business is going to be hit with a tax increase, won’t this just be passed on to customers, like an immediate inflation hit?

Ha Ha Ha!

Heavens no, my son.

Businesses just sit on mountains of idle ready cash and don't have to pass along costs to customers.

They make all their money from not filling millions of well-paying, executive level positions that would eliminate unemployment overnight if they were "patriotic" in their business practices.

Do I really need this < /sarcasm >?

What is really amazing is how many people blame cost of living or jobs going overseas on businesses and not on the real culprit: Big Government.

It's like blaming a person for moving out of downtown Detroit because they got tired of being robbed every day.

[Cicero]

Not if the customers can’t afford to pay it because their incomes are down or they have lost their jobs.

[US_MilitaryRules]

Great post.

[griswold3]

The Obama administration is in the ‘bidness’ of picking winners and losers. They tend to exempt businesses with union labor from increased costs. So larger corporations will not have to pass these costs on.
Recently, Goldman Sachs and Warren Buffet announced a plan to ‘loan’ $500M to small businesses. Since neither are set up as normal banking institutions, is this a loan, or is it a ‘buy-in’?
If I were paranoid, I would consider these actions equal to the Bolshevik Revolutions, where the merchant class was the target.
Central planning doesn’t work very well with millions of small businesses competing. You need Big Government, Big Business, and Big Labor.

[Non-Sequitur]

Hey Commie....WHo is the one taking all the risk by borrowing money so those people will have a place to work?

Well then fire all the employees. Just imagine how much money he'll save.

[DonaldC]

Thanks for the points all, I was not thinking outside the box enough.. :)

[arthurus]

you’ll notice that his first inclination and only solution is to screw his employees, the very people who helped him build his business to begin with.

Non-Sequitur

Indeed.

[arthurus]

The business owner is not a philanthropist. He is an entrepreneur. His employees do not “help” him grow his business. They are paid for their services. If and as their services become worth more they are paid more. The owner has no responsibility at all to his employees other than to fulfill his contractual obligations to them. He did not start and build his business as a way to give jobs to other people or as a way to make sure some people have proper health care. Anyone who runs his business as a charity will not continue in business long.

[arthurus]

It will be included in the price of the product. If that raises the price of the product beyond what the customer is willing to pay then the business must alter its product line or reduce its workforce or cut expenses some other way or go out of business. Cutting the workforce is the easiest way and the quickest. It is therefore usually the first way when the economy is bad because there is neither time nor sufficient cash cushion to experiment with other methods unless costs are immediately reduced- workers are laid off.

[arthurus]

Central planning doesn’t work very well

Central planning hardly works at all if the goal is rising prosperity. That is all too obvious with small business out of the Central loop so those have to be eliminated or the inefficiency of CP is visible to all. If the goal is absolute power held by an oligarchy/aristocracy/nomenklatura over a declining economy then Central Planning is the only way to go.