Payne's error is contained in this comment: " Of course, employee prosperity is critical and doing business in a way that mitigates impact to the environment matters. But these things are a given for long term success. What company wants to retrain workers over and over or ruin the world they serve"
The answer is almost ALL of them and the data is there to prove it. CEO's are paid to maximize short term profits and keep stock prices high. The days when one built a company as a life long mission are long gone and Payne is naive in the extreme to think any differently.
As each day goes by in the fiscal cliff debate, President Obama becomes stronger among the masses that view this as a fight between very rich guys against little guys barely making ends meet. Beyond the publicly fighting over tax policy, there is a battle waging in an area that businesses cherish most of all - the bottom line. It's all about greed and the notion of how much money is enough.
There is a growing consensus that profits should max out at some point and anything beyond that point is greed - the kind that hurts Americans.
I don't buy...
But as a first step I would stop promoting the fallacy that corporations and employers give a rip about their employees.
2) Taxing capital transfers is pure economic stupidity that would do even more damage than Obama has.
3) Glass-Steagal brought years of economic destruction and caused the S&L crisis. Only an economic buffoon would want it back.
4) Employers care about maximizing profits and compete in the marketplace for labor. This requires them to pay the market wage. The (moronic) fallacy is that employers are out to shaft the working man.
You're clueless.