It's the Economy, Stupid
After hearing a story on Marketplace this evening I have come to realize that the only thing W can do to help the economy right now is resign as President and drop out of the election.
The rest of the world hates the United States right now. To the point where US companies abroad are having difficulty drumming up business. Euro Disney is having a tougher time than normal. Starbucks, McDonald's, Coca-Cola... if you're a brand associated with the US then people from other countries are shying away from you because you are American. Those profits can't make it back to the US and can't feed into our economy.
If we want a healthy economy we need as many potential customers as possible. Bill Gates and the beneficiaries of Sam Walton's fortunes are hand over fist rich because their products and/or stores are ubiquitous. It may cost more to buy a Rolex, but Bill Gates could buy and sell the guy behind the company.
To achieve a strong economy we can't disenfranchise our consumers. Perhaps W should step out of office and take a Business 101 class.
The rest of the world hates the United States right now. To the point where US companies abroad are having difficulty drumming up business. Euro Disney is having a tougher time than normal. Starbucks, McDonald's, Coca-Cola... if you're a brand associated with the US then people from other countries are shying away from you because you are American. Those profits can't make it back to the US and can't feed into our economy.
If we want a healthy economy we need as many potential customers as possible. Bill Gates and the beneficiaries of Sam Walton's fortunes are hand over fist rich because their products and/or stores are ubiquitous. It may cost more to buy a Rolex, but Bill Gates could buy and sell the guy behind the company.
To achieve a strong economy we can't disenfranchise our consumers. Perhaps W should step out of office and take a Business 101 class.
posted by Swankette at 8:56 PM
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