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Musicmystery -> RE: Poland's turn to get dissed by Romney. (7/31/2012 7:02:25 AM)
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quote:
Romney seems to have been a very effective, ruthless moneymaker for his stockholders, which makes it odd that he seems so incompetent in politics after living in that world for so many years.
Actually this makes perfect sense. There's this fantasy that ruthless cost-cutting is the key to business success, and it just isn't so, except short term. You can cut your way to a few quarters profits. You can keep merging and cutting for a few more. But ultimately, it's not a long term business strategy (short of grabbing the profits to run).
This doesn't work with countries, unless you merge with another country--and that's a messy proposition, as history has shown us.
Leadership is, say, Henry Ford insisting it CAN be done, that a small engine with more horsepower is the way to go when his engineers were telling him it wasn't possible, or paying workers far ABOVE the standard wage, getting him the best workers, loyalty, and then raising wages AGAIN, it worked so well. Or pricing cars LOWER, so that everyone could and then would buy them--knowing these were strategies for long term financial success.
Leadership is FDR's New Deal, or Kennedy's moon trip vision, or Johnson's Great Society. Things people can't imagine can really happen at the time--and then bring them into successful reality.
That's not Mitt. He wants to cost-cut his way to prosperity, while expanding the largest expense, the military. Why? Lucrative contracts. All at the expense of those left holding the bag---the American taxpayers.
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