|Giving us the business: Government provides services to improve peoples' lives. Businesses sell goods|
and services to improve their bottom lines. The same thing, right? Wrong. (Source)
But there’s a deeper problem in the whole notion that what this nation needs is a successful businessman as president: America is not, in fact, a corporation. Making good economic policy isn’t at all like maximizing corporate profits. And businessmen — even great businessmen — do not, in general, have any special insights into what it takes to achieve economic recovery.
Why isn’t a national economy like a corporation? For one thing, there’s no simple bottom line. For another, the economy is vastly more complex than even the largest private company.The Business of Government. If we take the analogy further, under a "government-as-business" model, who are the shareholders in the United States? Its citizens. How, exactly, will shareholder value be maximized if Romney is elected? Well, it won't be: the new CEO of the corporation will continue to cut back on "customer service"--because the company doesn't need social programs, or firefighters, police, or teachers. The corporation will continue to decrease investments in capital infrastructure--because roads, bridges, and highways are not all that important to the bottom line, which is, well, um, what, again? The corporation will also continue to shrink it's workforce, while funneling more and more money to fewer and fewer people--because that's how things are done in the real corporate world.
|(Source: Mario Piperni)|
As CEO of the United States, you can rest assured that Romney would bring his "experience" to bear on the United States of Corporate America. But I wouldn't buy stock in a company like that, and neither should you.