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tparrett62

(268 posts)
Fri Mar 17, 2017, 09:27 AM Mar 2017

Running the Country Like a Business

One of the reasons a lot of people said they voted for Trump was that he was a successful businessman, and wanted to run the country like a business. In grad school, one of the first things we were taught was that the primary function of a business is NOT to make a profit, it's to increase shareholder wealth. It's easy to maximize profits in a given time period, by cutting back on advertising, R/D, and other activities that cost money in the short term, but are vital to a business in the long run. (Of course, in the view of many, including myself, the short term profit model is precisely how Trump ran his businesses, which is why so many of them no longer exist.)


Assuming that each citizen of this country is considered a "shareholder" in our collective enterprise, it would make sense that some programs that don't "show results" may actually be important to the overall wealth of the nation. The budget that Trump submitted seems intent on maximizing "profit" at the expense of long term functioning of the nation. Unless, in the view of the administration, we aren't all EQUAL shareholders- the wealthier you are, the more important you are.

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Running the Country Like a Business (Original Post) tparrett62 Mar 2017 OP
Six bankruptcies in 'businessman' dRumpf's background. rec, nt. Mc Mike Mar 2017 #1
Q: How's business? world wide wally Mar 2017 #2
The job of government is not to turn a profit but to do for the people collectively what we OregonBlue Mar 2017 #3
Its vampire capitalism. Romney did much the same as Trump. procon Mar 2017 #4

OregonBlue

(7,754 posts)
3. The job of government is not to turn a profit but to do for the people collectively what we
Fri Mar 17, 2017, 10:15 AM
Mar 2017

cannot individually do for ourselves.

procon

(15,805 posts)
4. Its vampire capitalism. Romney did much the same as Trump.
Fri Mar 17, 2017, 10:20 AM
Mar 2017

Snap up a company, suck it dry, sell it off. Trump's vampire capitalism works because, like Romney, he is quite willing to strip money away from workers by firing them, breaking unions, decreasing benefits, removing safety regs, and moving the monetary savings into his own pocket. With the rise of unrestrained vampire-capitalism money takes on a life of it's own and becomes disengaged from the moral values of the citizens who labor to create their government and public societies to be responsive to the needs of the people. Now we have this current trend of economic instability that lead to a deepening rift between the haves vs the have nots, over class, economics, gender, information and ethnic divisions.

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