Oh Trickledown, Is There Anything You Can’t Do?

February 26th, 2010at 11:22am Posted by Eli

Trickledown: It’s not just for people any more:

Corporate America descended on Capitol Hill Wednesday morning hoping to ride the small business gravy train that’s been gaining steam. Instead, they caught an earful from Senate Majority Leader Harry Reid (D-Nev.), who didn’t appreciate the message they brought.

CEOs representing 11 major corporations argued that the Democratic emphasis on small businesses missed the important role that Big Business has to play, several people in the meeting told HuffPost.

(…)

W. James McNerney Jr., chairman, president and CEO of Boeing Company, was one of the more outspoken executives, arguing that helping big business was the same as helping small businesses, and that either way he supported them doing both, not one or the other. For every job created at Boeing, he said, two small business jobs are created.

His argument sparked something in Reid, who recoiled, indicating with his body language and facial expression that he didn’t like what he was hearing, according to people in the room. Reid dressed down the CEO and then walked out of the meeting.

Yes, that’s right: Just like how the best way to help the poor and middle class is to give the rich massive tax cuts, so too the best way to help small business is to give lots of breaks to big business.  Awesome.

(h/t dday)

Entry Filed under: Economy,Wankers


Contact Eli





Feeds

Linkedelia!

Most Recent Posts

Archives

Categories

Calendar

February 2010
M T W T F S S
« Jan   Mar »
1234567
891011121314
15161718192021
22232425262728


Thinking Blogger

Pittsburgh Webloggers

Site Meter


View My Stats *