Lets see... This would be a massive paycut for all those executives, and their incomes used to be in the dozens and hundreds of millions a year. Their expenses would be similar. If they cannot get around this kind of thing through loopholes, then they will personally go bankrupt. -(sheds a single, manly, sarcastic tear)-Of course, their salaries should be limited EVEN IF they go to a different company.
On the contrary, the consolidation of business has NOT been a good thing. If it were up to me, any company that claimed that it was "too big to fail," would be busted up into smaller companies, like we used to have.
Here's a quiz for you: The two biggest job creators in the economy over the past year were health care and education, adding 370,000 and 160,000 jobs, respectively. Meanwhile, construction and manufacturing lost a total of 1.5 million jobs.
So which one of these two statements is true?
a) The Obama stimulus bill gives the most money to the worst-hit parts of the economy—manufacturing and construction.
b) The Obama stimulus bill gives the most money to the growing parts of the economy—health care and education.
Answer after the jump:
If you guessed (b), give yourself a pat on the back. Despite all the talk of big infrastructure projects, the majority of increased spending in the bill goes to health and education. And that's a good thing.
ehh, I guess I could have voted differently, but the bail outs really were beginning to bug me. Though, I think I know where is going with this decision. After all, it is these big companies, which provide the majority of the jobs.
I think that this is appropriate
Lets see... This would be a massive paycut for all those executives, and their incomes used to be in the dozens and hundreds of millions a year. Their expenses would be similar. If they cannot get around this kind of thing through loopholes, then they will personally go bankrupt. -(sheds a single, manly, sarcastic tear)-Of course, their salaries should be limited EVEN IF they go to a different company.
On the contrary, the consolidation of business has NOT been a good thing. If it were up to me, any company that claimed that it was "too big to fail," would be busted up into smaller companies, like we used to have.
Here's a quiz for you: The two biggest job creators in the economy over the past year were health care and education, adding 370,000 and 160,000 jobs, respectively. Meanwhile, construction and manufacturing lost a total of 1.5 million jobs. So which one of these two statements is true? a) The Obama stimulus bill gives the most money to the worst-hit parts of the economy—manufacturing and construction. b) The Obama stimulus bill gives the most money to the growing parts of the economy—health care and education. Answer after the jump: If you guessed (b), give yourself a pat on the back. Despite all the talk of big infrastructure projects, the majority of increased spending in the bill goes to health and education. And that's a good thing.
ehh, I guess I could have voted differently, but the bail outs really were beginning to bug me. Though, I think I know where is going with this decision. After all, it is these big companies, which provide the majority of the jobs.