Sabinal Blue

Visiting The Thoughts Of Yet One More Person

Meanderings of an introverted dancer - a public school teacher with thoughts on music, politics, and life in the hills.

Saturday, March 14, 2009

Future taxes (handout aka bailout) vrs forward thinking

In the US our government is using future taxpayer mnoney (from my grandchildren, basically) to make a few extremely rich people even richer in what they are calling "bail-outs". It's a smoke-screen, and most citizens know it, but we are are not going to start a revolution, so the rich will stay rich and the middle class will become poor. Such is life.

It does intrigue me, however, that there are companies that refuse to participate in the bail-out (actually hand-out), and think more of reality. I love this from the guy running HP:

In fact when it comes to the economic downturn, Mr Banerjee said it is not a major focus of concern.

"We are not looking at the recession," he told the BBC. "We are looking at investment in technology for the long term so that HP is fully prepared to provide its customers with a variety of choices when we get out of the recession.

"Innovation is not for the next quarter, it is for the next two years, five years from now. The key is to invest in innovation that truly matters."


Read the whole article

0 Comments:

Post a Comment

<< Home