New jobs report is an utter disaster for Kansas and Brownback

[Xolodno]

20. Yeap.

Why on earth should a CEO of a public traded company with plenty of protections (golden parachutes, poison pills, etc.) worry about long term investment? He has a contract for 5 or less years and massive stock options when hitting target profits. Nor are every day traders concerned about long term success. If the stock goes up due to profits this quarter, sell. Hold only if you think the company can sustain the profits for awhile, but when in doubt, sell. Result of no accountability on Wall Street. The very mechanisms that stopped corporate raiders in the 80's, now insure reckless investment.

Likewise, with my "case of beer" example, they don't see the long term impact and buy into the bullshit. That being, "its ok if the rich get a tax cut, because they will invest more into their business and create jobs or reward their workers....trickle down".

Of course, why in the hell should they invest more if they think they are reaping the maximum of the market they have? Give me an extra million or so due to tax cuts, instead of having one yacht on the east coast, I'll buy another on the west coast. Or, instead of spending the summer in Florida, I'll do it in Spain instead...etc. Money is only plowed back into the business if they assume they can reap greater rewards, if they don't see that potential.....yeah I think I'll build a mansion in Jackson Hole.