Why Some Business Leaders Didn't Get Elected

Rachel Marsden writes an interesting article about why business stars make bad politicians. Amazingly – according to the piece, one of the reasons has to do with the huge amounts of their own money they spend – it seems to turn voters off that a political position can be purchased. But electing someone who has made enough money that they can blow some of it on a campaign is one of the reasons we should vote for a politician because these are the exact people who don’t owe any favors to special interest groups – they can make the best decision for their constituents without voters needing to worry about them taking bribes and kickbacks.

Another reason which I would have added to the article has to do with business leaders in the last ten years outsourcing work to India and China – negative ads were developed against Carly Fiorina, Meg Whitman and Linda McMahon, touting the fact they outsourced jobs.

The reality is that business leaders didn’t outsource jobs this decade would have expenses which were out of whack with other companies in their spaces and subsequently been in violation of doing what is in the best interest of the shareholders. This violation of fiduciary responsibility could bring on lawsuits.

In reality, if you want to figure out how to bring jobs to the US, it is best to elect someone who had to outsource themselves as they realize why the US is so uncompetitive first-hand and can do something about fixing the problem.

What is perhaps most amazing to me though in the case of California and Connecticut where all of the above-mentioned candidates reside – is they are both near bankruptcy – in debt way over their heads. How could voters not see the wisdom of electing successful business leaders when their financial plight is so grim?

And until business leaders do a better job of explaining their strengths to voters and why their unique sets of skills really matter, many of them will continue to lose.

The opinions and views expressed in comments, blogs, etc. are those of the authors alone and not necessarily those of TMC, TMCnet, or its editors. TMCnet reserves the right to edit, delete, or otherwise make changes to the content that appears on these pages at its own discretion and as it deems necessary.
| 0 TrackBacks

Listed below are links to sites that reference Why Some Business Leaders Didn't Get Elected:

Why Some Business Leaders Didn't Get Elected TrackBack URL : http://blog.tmcnet.com/mt/mt-tb.cgi/44035

Around TMCnet:

Recent Comments

  • Musing: I say cut the salaries of the house and senate read more
  • Anonymous - Government worker: Obama reaches out and makes a decision to cut government read more
  • Rich Tehrani: It is surprising that your pay is lower than what read more
  • anonymous: As a federal worker I wish I was paid what read more
  • Peter: Unless you live in Florida and watched the drama unfold, read more
  • Tom Keating: Ok, that's just freaky, cuz I watched this like 15 read more

Subscribe to Blog