Couple of good excerpts from Modesitt’s latest blog item (link above):
According to poll after poll, around 90% of all Americans are displeased, if not furious, with the American Congress. Yet in the last election, over 96% of all incumbents were re-elected. A little bit of cognitive dissonance there?
As I’ve noted more than a few times, all too many businesses seem unable or unwilling to integrate data and events that indicate that the insistence on higher short-term profits puts them on a long-term course for disaster and lower profits. GM’s faulty starter switch was a perfect example. Saving less than a dollar a car by installing substandard switches in roughly 30 million cars for more than ten years “saved” GM something like $30 million. GM has already paid the National Highway Transportation Board more than $35 million in fines and faces more than one billion dollars in costs, not including additional lawsuits by almost a thousand claimants.
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