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RE: Sad
By AmyM on 4/6/2008 2:09:24 AM , Rating: 5
…you create an innovative/quality product and run the business right and profits will come.

The American "way of business" sucks…

Prove it.... You are very inaccurate.

No, you are the one who is inaccurate and I’ll prove it. American companies do create an innovative and quality product, as shown by having the highest GDP than any other country in the world – nearly double that of its closest rival, China.


While I sympathize with job losses that temporarily add uncertainty to people’s lives, this is nothing more than a cycle due in part to a dynamic world economy. These people will find work, our economy will grow, and life will go on.
If you look back to 1982, the national unemployment rate was 9.7%. Within 6 years unemployment was back down to 5.5%. In 1992 unemployment hit 7.5%, and within 4 years it was back down to 5.4%


To say “The American way of business sucks” is to say that the majority of the population sucks. Business exists to maximize the shareholder wealth. While this statement may seem insensitive to some, it is the American way of life. Some of the posts in this thread suggest that there needs to be some morality, or compassion that leads management in their decisions. To that I say: Where is the morality and compassion from the consumers that allow a small family owned business to go under because they shop at a discount super center.

The bottom line IS the bottom line for both business’ and consumers. Most people wouldn’t pay $4.00 for a gallon of gas when the station across the street is selling it for $3.75. Nor would most people stay at a job that paid $18/hr when they knew they could make $22/hr somewhere else.

