President Obama is in his element when in the spotlight. His abilities as a speech deliverer, as he doesn't just give a speech, he really delivers them. Utilizing his flexible idealism to make himself for "all" change. It doesn't matter what you want to change, he is your man, This is good when it pertains to his ability to deliver on his intentions, but bad when you consider what his intentions are.
His complete lack of understanding of the realities of business and capitalism should scare all of us. The only reason anyone in business strives to do better is because they know there is a possible pot of gold in the future. This may come in the form of a monthly incentive, a yearly bonus, a partnership draw, a commission check, etc. The reality is that a salary pays an individual for coming to work and doing a job. The lure of the big prize is what creates competition among your best and brightest. Tale away the lure and what motivation would they have? We would be telling them, come work here, we all make the same, but the work is of no challenge because results don't matter.
The President's inability to come out and instill confidence in the fact that he won't cap or even heavily tax bonuses, could end up hurting the American economy more than any other single factor. Now add to that the fact that we are looking to spend trillions of dollars to make this sad idea a reality.
What is going to be of the utmost importance is for all of us to stay informed and educated as to what is going on in Washington. It will be up to us to seek out opportunities to inject some intelligent thinking into the conversation.
Showing posts with label American economy. Show all posts
Showing posts with label American economy. Show all posts
Saturday, April 4, 2009
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