Cause And Effect In Action

Cause:

“The Obama administration has the least corporate executive experience of any White House in decades.”

Effect:

“Toyota Motor Corp., General Motors Co. and Ford Motor Co., the three largest sellers of autos in the U.S., reported bigger sales declines than analysts projected as the industry posted its worst August in 28 years.”

“Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent.”

And, of course, debt:

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These guys don’t know how to run a business, yet they deem themselves capable of central planning the world’s largest economy.  Even the best minds and most experienced business leaders cannot do that.

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Published in: on September 3, 2010 at 11:00 am  Leave a Comment  

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