Ari Fleischer’s Bitch Ass Brother

By now you’ve read the whiny op-ed in the WSJ by Ari Fleischer’s brother, explaining that the evil government is to blame for him not hiring more employees. Putting aside the fact that Bogen’s main business is… as a contractor for various government entities (via), this comment at OTB was pretty informative:

The fact is that if Mr. Fleisher’s company has to buy an extra box of paper clips it will cause them to go belly up. He’s in not position to hire anyone regardless of tax policy.

The reason Mr. Fleischer’s company isn’t hiring has nothing to do with taxes or the policies of any administration. It’s because his business has been in decline for a decade. As the CEO, that decline is his fault. All his complaining about taxes and benefits is just a smokescreen for his own incompetence.

The world changed around them a decade ago and they failed to adapt. In 2000, their annual sales were 66 million dollars with cash on hand of 12 million. By 2003, sales were down to 55 million and cash was down to 6 million. That was before the financial crisis and under the allegedly pro business policies of the previous administration. In 2009, sales were down to 44 million and cash was down to 2 million. They manages to lose 17 million dollars that year and got a carry back refund of some 5 million dollar. Mr. Fleischer should spend less time complaining about taxes and more time thinking about how he can correct 10 years of mismanagement.

Don’t take my word for it, read the balance sheets yourself.
http://www.bogen.com/aboutus/financials/#historical

Can a brother get a “Heh-indeedy?” I think Mr. Fleischer should join the rest of the productive people out there and go Galt.

And on a serious note, it still amazes me that companies do not include the amount they pay in benefits (especially health insurance) on their pay slips to employees. You want to change the cost of health care- start mandating that be put on every employee’s paystub.

Republicans promised all their tax cuts, deregulation and cheap access to capital would produce a "ownership" utopia with jibs and homes for everyone.

When their zero oversight, 2 wars and unlimited hubris blew up in the face and f*cked America, now all of a sudden they want overnight change via Obama all the while mocking him and voting "no" every step of the way.

Bitch ass Republicans need to stop forgetting they had a big hand in the 2008 economic collapse. Expecting them to atone is the definition of futility.

Posted via email from liberalsarecool.com