 DSL987
join:2000-03-22
Helotes, TX | Re: Donald Trump imminently leaving the U.S. So what? It doesn't matter if it's a country or a business, it cannot continue to operate deep in the red, or it will be bankrupt, and that day is coming quickly. The IMF and other countries are already seeking alternatives to the US dollar, if that doesn't ring alarm bells then the politicians needs to wake up.
What is wrong with a country making money? As long as the proceeds are invested back or returned to the tax payer then making money is great. It sure beats the alternative which is losing money, so we have to borrow even more and saddle the taxpayers with the crippling debt PLUS interest. |
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 J E F FWhatta Ya Think About Dat?Premium
join:2004-04-01
Kitchener, ON
 ·Rogers Hi-Speed
 ·Rogers Portable ..
 ·magicjack.com
| reply to Alcohol
said by Alcohol:Yeah by declaring bankruptcy multiple times with his company while growing his personal wealth.
Yes, exactly, if he were president of the USA he'd declare the country bankrupt and telling everyone to screw off.
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If you can't explain it simply, you don't understand it well enough. - Albert Einstein |
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davePremium,MVM
join:2000-05-04
not in ohio
kudos:7 Reviews:
 ·Verizon FiOS
 ·Verizon Online DSL
| reply to DSL987
So, all you mean by "run like a business" is "not operate in the red"? If that's all you meant, why not say what you mean instead of resorting to fashionable sound bites? I happen to agree with the (obvious and trivial) point that the USA cannot sustain deficit spending indefinitely. On the other hand, we do have a budget deficit, and we do have a fragile economic situation, so the situation is a little more delicate than "stop spending on everything". When the roof is leaking is not the time to decide that you don't have the money to pay for someone to break up the ice dams (topical New England reference, near and dear to my heart today).
WRT to a country making money: if it's "run like a business", then the taxpayer is the last person who's going to see the profit. Once again, your metaphor is empty. |
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DSL987
join:2000-03-22
Helotes, TX | said by dave:So, all you mean by "run like a business" is "not operate in the red"? If that's all you meant, why not say what you mean instead of resorting to fashionable sound bites?
WRT to a country making money: if it's "run like a business", then the taxpayer is the last person who's going to see the profit. Once again, your metaphor is empty.
If you think I sound fashionable then that's your prerogative. The US competes in the Global Economy, the same way businesses compete against each other, except that where we used to succeed, we are now getting our asses handed to us. When businesses go through tough times they downsize, not Government they just keep on increasing.
The tax payers are the stock holders of this country and profits should be returned to them. That this is not being done is all the more reason for change. |
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 ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | said by DSL987:said by dave:So, all you mean by "run like a business" is "not operate in the red"? If that's all you meant, why not say what you mean instead of resorting to fashionable sound bites?
WRT to a country making money: if it's "run like a business", then the taxpayer is the last person who's going to see the profit. Once again, your metaphor is empty.
If you think I sound fashionable then that's your prerogative. The US competes in the Global Economy, the same way businesses compete against each other, except that where we used to succeed, we are now getting our asses handed to us. When businesses go through tough times they downsize, not Government they just keep on increasing. The tax payers are the stock holders of this country and profits should be returned to them. That this is not being done is all the more reason for change. So you're saying that the USA is a mega-corp, that it is not profitable because the management size is bloated and it spends too much on operational costs and you'd like to cut those operational costs and return the savings as dividends(tax cuts/refunds) to the shareholders(tax payers)?
Sounds good. Is this mega-corp got any plans to invest in the future? I suppose it's got to? I mean, to compete in the global economy with the other mega-corps (China, India, EMEA giants etc), it has to incur opex costs to generate a sustainable competitive advantage ?
And one last question: what business is this mega-corp in? It's a country, right? So i guess the product of this company is it's PEOPLE....so I'd assume increased in opex expenses like Education, Healthcare, social safety nets while outsourcing defense needs would be something you'd want to pursue as your first order of business as CEO/President? |
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davePremium,MVM
join:2000-05-04
not in ohio
kudos:7 | reply to heat84
Is he gone yet? |
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DSL987
join:2000-03-22
Helotes, TX | reply to AR
Seems to me that one of the first rules of business is "stay in business" and don't go bankrupt, which we rapidly are. |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | I agree. But one of the things that businesses do when in dire straits is to hunker down, identify core priorities, cut costs and invest in areas where they'll be competing in the market.
If the US Mega-Corp cuts says defense isn't a priority but competitiveness of people is, education and health care would receive massive spending. It might not be what all the Directors of the Board (conservatives) would want in the short term but long-term, the US needs to be more educated and competitive rather than armed to the teeth. |
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DSL987
join:2000-03-22
Helotes, TX | said by AR:I agree. But one of the things that businesses do when in dire straits is to hunker down, identify core priorities, cut costs and invest in areas where they'll be competing in the market.
If the US Mega-Corp cuts says defense isn't a priority but competitiveness of people is, education and health care would receive massive spending. It might not be what all the Directors of the Board (conservatives) would want in the short term but long-term, the US needs to be more educated and competitive rather than armed to the teeth.
I agree with your statement, but the problem is you first need to fix the education system. We already spend more than enough on education, but get poor results in return. The traditional approach of throwing even more money at the problem has not worked, we need to use the money more wisely. |
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ARPremium,ExMod 2001-04
join:2000-09-21
Toronto, ON | I agree and so does everyone else unfortunately. But the pain is in the prioritization details where the cuts and re-focusing has to happen.
The problem is US Mega-Corp is run on ideological grounds, on grounds of pleasing various social/fiscal/political factions and we're sinking fast.
Check this out: »www.nytimes.com/2011/01/02/busin···tml?_r=4 (even though this WILL fail). China Corp understands the value of human capital while we're debating evolution. |
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 VoxxjinCool Blue TrollPremium
join:2010-01-13
San Antonio, TX | reply to heat84
I fail to see the issue if he leaves why that is bad or good.
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Cry "Havoc!" and let slip the dogs of war |
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davePremium,MVM
join:2000-05-04
not in ohio
kudos:7 | Ah, it's just a trumped-up issue. |
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 heat84Bit Torrent Apologist
join:2004-03-11
Fort Lauderdale, FL | reply to Voxxjin
said by Voxxjin:I fail to see the issue if he leaves why that is bad or good.
I think his leaving would be a harbinger of other business tycoons doing the same thing. But they're already fleeing so I think it'll be more about perception if he leaves. He's more of a public figure than most other people in his position. Most people probably aren't aware of the situation regarding businesses leaving the US. When he leaves it'll be more in the public consciousness than it is now. I think I'm only aware because I read it here.
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Bit Torrent is my DVR. |
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