bradenslen
bradenslen

Read: Joe Rogan Says ‘American Manufacturing Collapsed’ Because Greedy Executives Shipped Jobs Overseas. ‘They Were Already Rich’ | Benzinga

I know nothing about Joe Rogan or what he stands for, but on this issue I think he’s right.

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JohnPhilpin
JohnPhilpin

@bradenslen He’s not wrong … but as usual … over simplified.

… and they weren’t as rich as they are now.

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bradenslen
bradenslen

@JohnPhilpin I guess the main point is, it’s not like we didn’t have warning, everybody just ignored it to earn extra profits. All very short term thinking.

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In reply to
JohnPhilpin
JohnPhilpin

@bradenslen for them - the business it made total sense - their job is not to think about the good of America - or whatever country the business is based - but how to maximise shareholder value. Short term thinking? Probably. BUT. The market tends to judge a business on its last quarterly report - not its 5 - 10 - 25 year strategy,

And definitely not as short term thinking as outsourcing their call centers - those places where your CUSTOMERS primarily ENGAGE with you - the business - and rather than knowledgable - trained people there to solve your problem you are met with untrained - low cost - entry level people who if they can speak your language properly - not a given - might even have a thick accent that is hard to understand. Oh and said call centers are measured on how many calls you handle - which translates to how fast they can get said customer off the phone - not how many problems they solve,.

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