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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (469167)4/6/2009 10:19:10 AM
From: bentway2 Recommendations  Read Replies (2) | Respond to of 1578541
 
"So with revenue down, they are cutting into the bone, not just the meat."

Having worked in corporations for years, I have seen wasteful spending out the wazoo. I worked a in branch office of a CA software company where they flew the ENTIRE office of 43 from Austin Tx. to a CA resort for a week for a rah rah, cheerleading company meeting. Including our amazed janitor and ditzy receptionist!

Just look at the excesses of Wall Street. Corporate America is no paragon of thriftiness. Public institutions, despite Ten's perceptions, are much more so.



To: Road Walker who wrote (469167)4/6/2009 12:13:19 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1578541
 
RW, > A lot of people losing jobs, a lot of hard choices, funds cut to important programs.

State and local governments do not have the luxury to print money. Usually what ends up happening is that important programs get cut because they aren't under legal or contractual protections like union contracts, etc.

Look at education, for example. Some of the best and brightest minds in the teaching field are getting notices that they might be laid off. Then the teachers unions hold up those layoffs as political pawns and even get their students to go protest educational budget cuts. Never mind that stupid seniority rule that allows poor performing teachers to stay just because they've worked a long time. Never mind that the budget for education has grown much faster than the population, even after accounting for inflation.

Like I said, there is no incentive to do more with less. Just lay tons of political mines on the path toward budget cuts. It works every single time.

Tenchusatsu