>Look at Kodak.Look at Polaroid.My Dad worked for Polaroid for almost 40 years and lived long enough after retirement to see it collapse.It broke his heart.
Not sure how you can conflate Polaroid & Kodak with an article on best buy & Obama’s job destroying ethos.
Best Buy is contracting under the pressure of the current (failing)economic policy.
Kodak & Polaroid (Dr. Land was an unvarnished genius of the 20th century) fell to the wayside, pushed by technological innovations that made film processes too clumsy to compete - even though silver halide and dye is superior to pixelation at any resolution.
I make the association because digital photography,brought to the forefront mainly by Gates and Jobs,killed both companies.With the advent of digital technology Polaroid and Kodak,which once had a mere handful of serious competitors,found themselves competing with Sony,Panasonic and other corporate giants in addition to their earlier competitors.Likewise,Best Buy,which originally had,at most,a handful of competitors in a given region,found themselves competing,thanks to the internet,with hundreds of firms in each region they served.
And you're correct about Dr Land.My Dad answered directly to him and routinely gushed with praise about the man's brilliance.He also came to my Mom's funeral which,I've always felt,was indicative of a man of exceptional dignity and thoughtfulness.