Exactly. The problem with the uS business model is it has become obsessed with quarter to quarter performance, and this has harmed the long term performanmce of many US based companies from Union Pacific Railroad, to GM to HP. There has to be a change in the very corporate culture of US companies, or the bad long term implications of this system will come home to roost from a "health security" payroll tax down the road enough new rules and regulations to make even the Carter era seem quaint by comparison when the US electorate has no more economic ground to give, votes in those people who promise to ease their economic burden.
" The problem with the uS business model is it has become obsessed with quarter to quarter performance, and this has harmed the long term performanmce of many US based companies from Union Pacific Railroad, to GM to HP. "
Jesus.....ONE person on this threwad knows the truth! Not a good ratio, as we tend to be more intelligent, and more aware of most things. Looks like the quarter to quarter execs are safe to continue to do their damage. By the way, HP is now in Malaysia.
thread that is : )
The volatility and uncertainty in federal and state tax law, environmental and workplace regulation, and frivolous (but economically life-threatening) lawsuits make planning for the long term a rather meaningless exercise. Thanks, Congress.
RE: There has to be a change in the very corporate culture of US companies,
Not exactly, the corporations are actually victims themselves. The real issue is the investment community. Most of them do not understand the value propositions of the companies they invest in, and do not comprehend the fundamentals. Truth be known, the opening up of stock trading to the masses may not have been such a great thing, in retrospect. Maybe it really ought to be open only to those who can invest large sums.