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Old 08-10-2011, 10:38 AM
 
Location: Tampa
3,981 posts, read 8,899,839 times
Reputation: 1156

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Do you think this is true?

If not, was it ever true?

If not, what could be done to make it true?
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Old 08-10-2011, 12:31 PM
 
Location: The Triad (NC)
23,880 posts, read 51,372,564 times
Reputation: 23713
1) It's not true.
2) It never has been true.
3) No one in their right mind would want to make it true.
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Old 08-10-2011, 06:03 PM
 
Location: Earth Wanderer, longing for the stars.
12,411 posts, read 14,979,673 times
Reputation: 8679
I used to believe in a symbiotic relationship between the well being of the country and business. When corporations manifested disloyalty to the country, exporting jobs and laying off American workers and importing foreigners to fill the jobs that cannot be exported and to keep salary levels low in the country, I parted company with them.

Every problem that I can think of that this country is undergoing has been caused by business interests and the eagerness with which our political system kowtows to them.
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Old 08-10-2011, 07:07 PM
 
Location: NJ
18,681 posts, read 15,161,554 times
Reputation: 7259
The inverse is true, what is bad for business is bad for employment, and thus, people.
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Old 08-11-2011, 06:02 AM
 
Location: Brooklyn
40,058 posts, read 28,230,540 times
Reputation: 10397
What's good for business is good for America.

That was a line created by the business community, you know. So you shouldn't expect it to be factual. (It might be true if business was looking out for America rather than itself, but since it doesn't, you can lay that hype to rest).
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Old 08-12-2011, 10:00 AM
Status: "When the going gets weird, the weird turn pro" (set 8 days ago)
 
Location: Wu Dang Mountain
12,939 posts, read 17,974,727 times
Reputation: 8630
The problem is, the people running this country believe it to be true ...
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Old 08-12-2011, 10:15 AM
 
Location: Dallas, TX
31,776 posts, read 22,256,665 times
Reputation: 12037
Quote:
Originally Posted by crystalblue View Post
Do you think this is true?
No.

Quote:
If not, was it ever true?
No.

Quote:
If not, what could be done to make it true?
Depends on the definition of what entails "business". We can then address them one point at a time.
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Old 08-12-2011, 08:56 PM
 
Location: Lethbridge, AB
1,132 posts, read 1,506,833 times
Reputation: 973
Generally, yes. Though there is a qualifier with that - What is good for business in general, in America, is good for America. That may not be the same thing as what's good for a particular business or company.

When the business community in general is thriving, unemployment is low and wages rise. When the business community is struggling, the opposite is true.

As businesses become more profitable and new businesses are started the tax base grows, allowing for more spending.
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Old 08-12-2011, 09:31 PM
 
3,176 posts, read 3,164,510 times
Reputation: 4516
Yeah right, look at what happened since we repealed The Glass Steagall Act and put in The Commodities Futures Modernization Act of 2000, as well as Gramm-Leach-Bliley, AND put people with significant conflicts of interest in charge of agencies like the FCC and the CFTC all to benefit the business community. The entire economy has tanked beyond belief, prices for commodities like food and oil have reached historic highs, and there is now a $600 trillion dollar shadow derivatives market running wild that the government can no longer control. What's good for business is bad for everyone except the .001% manipulating the game for obscene profit$.
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Old 08-12-2011, 09:54 PM
 
Location: Lethbridge, AB
1,132 posts, read 1,506,833 times
Reputation: 973
Quote:
Originally Posted by fibonacci View Post
Yeah right, look at what happened since we repealed The Glass Steagall Act and put in The Commodities Futures Modernization Act of 2000, as well as Gramm-Leach-Bliley, AND put people with significant conflicts of interest in charge of agencies like the FCC and the CFTC all to benefit the business community. The entire economy has tanked beyond belief, prices for commodities like food and oil have reached historic highs, and there is now a $600 trillion dollar shadow derivatives market running wild that the government can no longer control. What's good for business is bad for everyone except the .001% manipulating the game for obscene profit$.
Your argument makes no sense. You're complaining that the economy has tanked due to poor policies, but make no effort to stop and consider what the economy actually is.

I like wikipedia's definition - it's pretty concise:

An economy consists of the economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area.

That is, the economy consists of resources and businesses.

We can hardly blame the slowdown on resources, as there doesn't appear to be shortages and the policies in question haven't forced companies to stop extracting or using them. It would stand to reason then, that the slowdown is caused by businesses struggling.

So, assuming that the policies in question have been the catalyst for the slowdown, it would be fair to say that they have, in fact, not been good for business at all.

It may also be fair to say the type of policies that benefit the ".001% manipulating the game for obscene profit", are not good for business as a whole, either, if you're correct in asserting that they have been responsible for the economic slowdown.
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