We have enough problems in our country without over paid CEO's whining about how the government does not provide enough economic support to build factories in the US. Instead how about having the US look at unfair economic activities by our competitors and punish those countries for unfair labor practices.
The US is neck and neck with China as the largest manufacturer in the world. If you just listened to this book you would think there are several countries who manufacture much more than we do.
Yes, there are problems in the US in the manufacturing sector. Many of them are self made. But, asking for government bail outs of business is for the most part not a great solution.
You would also think listening to this book that only China and India are competing with the US. You could of course read Start Up Nation and find out that Israel has provided some of the most important technology that's used in the world and in American companies. It's not just China and India, although both compete unfairly in many ways.
There was no mention in this book about China stealing American intellectual property. That might be a good reason for companies like Dow to think twice about opening up there. Why should we transfer our technology for nothing.
I'm ashamed to say that this person is running one of our largest companies. With his attitude it's no wonder that the Fortune 1000 have been net job losers over the past twenty years.
There was no mention in his book about our disappearing middle class. No mention why his group of executives should be paid 350 times the average worker in their company. That also might be a problem that we're having in this country. If you look at the countries we're competing with their CEO's don't steal shareholder money by overpaying themselves. But of course, that's not a problem with us, it's the poor productivity and education in our country.
This book is a big bunch of inaccurate information and half truths. Readers should beware of this type of blatant self interest and ego writing.
Report Inappropriate Content