The Big Business of America


Another primary election year is upon us and with it comes the talk of what traits the President must have in order to be an effective leader.   Often the talk centers around the particular military experience of the candidate.  Does a president need to have military experience to be the Commander-in-Chief of the United States?  Or, should I rephrase that question to read more like “Does a president need to have military experience to be an effective Commander-in-Chief of the U.S.?”  This particular argument often goes back and forth with points made on both sides.   My question with the argument itself is the “why”.

So what in the world am I talking about?  Why do we feel that we NEED this to have an effective that?  What is our logic?  What is our reasoning behind the arguments made like this?

One of these arguments that I have wondered about for some time (wondered, meaning: question the intelligence of) is the idea of needing a businessperson to be the leader of the country.   The argument for the businessperson is that they know how to handle money and create jobs….hmmm….do they really?  Paul Krugman wrote in the NY Times today about how America Isn’t a Corporation.   Krugman writes,

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.

Businessmen know how to (well, some of them) run a business…for profit…to maximize shareholder value.  Our economy is not a profitable entity.  What is shareholder value with regard to a country’s economy?  Is it looking out for the welfare of the people?  It should be.  What it has turned into, however, is the coddling of big business while leaving the welfare of the people to dwindle away.

So, with that being said, what does it take to be an effective leader of the United States?  I think it takes people skills.   I think it takes someone who does NOT coddle big business.  It takes a person with long term vision.  It takes someone who can see the bigger picture and truly promote the welfare of the entire nation.

Okay…enough rambling today…

 

 

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2 responses to “The Big Business of America”

  1. Tea Party Slayer says :

    “What is shareholder value with regard to a country’s economy? Is it looking out for the welfare of the people? It should be. What it has turned into, however, is the coddling of big business while leaving the welfare of the people to dwindle away.”

    Good post. I would also argue that factoring the welfare of the people, who are consumers, is best for the long-term strength of business as well.

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  1. Making sense of the banking industry… « thejumbledmind - May 8, 2012

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