P&G CEO - "Obama Administration is creating uncertainty."

Discussion in 'Economy' started by Toro, Feb 5, 2010.

  1. Toro
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    Toro Diamond Member

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    Exclusive: P&G chief more worried about U.S. than ever | Reuters
     
  2. Ravi
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    Ravi Diamond Member

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    :doubt:
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The CEO is lying, Obama is clearly trying to fuck the economy up as best and quickly as he can
     
  4. The Rabbi
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    The Rabbi Diamond Member

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    I would think P&G would know whether it is cost effective or not. They are in business to make money, after all. Why would they operate in a way that would be detrimental to their bottom line?
    Of course, it is easy for some non-entity on a chat board to second guess CFOs.

    Yes, the main problem is that business is hunkered down because they dont know when they'll suddenly attract the ire of the administration and be subject to demands for more money and regulation.
     
  5. xsited1
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    xsited1 Agent P

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    He's certainly correct about this:

    Bush started wars which increased the level of uncertainty. If we could just get the warmongers and the tax-and-spenders out of Washington, we might have a chance.
     
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  6. RodISHI
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    RodISHI Gold Member

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    Cloth diapers are the better diapers anyhow. Think green. :lol:
     
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  7. The Rabbi
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    The Rabbi Diamond Member

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    And yet the economy did quite well after the start of both those wars.
    So much for that theory.
     
  8. xsited1
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    The cost of the conflict to taxpayers has been enormous and the domestic economy faltered, but you already knew that.
     
  9. The Rabbi
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    The Rabbi Diamond Member

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    The economy is not faltering because of two relatively cheap wars. It is faltering because of a Fed interest rate policy which kept rates too low for too long.
    But you knew that already.
    Or maybe you didnt. In which case you are merely another Democratic party hack on this site.
     
  10. JenyEliza
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    JenyEliza Princess of Rhetoric

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    Jobs aren't materializing because Corporate America doesn't like to hire people they have to fire and give packages to within 6 months to a year.

    It's bad business. It's a bad use of capital. There's no ROI (ie, training time, benies, etc).

    Corporate America hires and hires big---when they know the tax breaks are big, that their cash flow will hold up to an expansion of their workforce, that while they're expanding, their customers are also expanding and demanding their goods or services.

    None of that is happening right now because ALL of Coprorate America knows that Obama is in WAY over his head and hasn't the first clue about Micro or Macro Economics---or Economics period. He's probably never even balanced his own checkbook.

    Obama SCARES THE SHIT out of big business.

    THAT is why there are NO jobs and why good, hard working Americans are losing their jobs, their houses, their savings and everything they've worked hard for all their lives.

    Plain and simple.

    And don't think we won't remember this come 2012. Cuz Americans will.
     
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    Last edited: Feb 7, 2010

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