You think a business person knows how to make money, will squeeze efficiencies out, get rid of waste and in doing so lower your taxes? This is my theory on the thought process, anyway. My response: have you ever worked at a large company? Waste is all around you. Examples:
· Employees who literally do nothing
· Poor planning resulting in expensive over runs
· People whose entire job is making Powerpoint presentations full of the latest business jargon (which they spent the morning googling)
· The lunches. One can’t possibly expect anyone to meet between 12 – 1 without being provided an expensive, catered lunch! Certainly everyone will pass out if they wait to eat their own lunch at 1pm.
· The swag. Everyone has t-shirts, fleeces, blankets and towels with the corporate logo on them. It’s advertising!
· The marketing materials. Whole forests have been destroyed to hand out glossy brochures that no one actually reads at trade shows.
· The expense accounts. So many steaks, so much scotch, so many tickets.
· The travel. Oh, hello expensive room service and other expensive services provided to people out of town.
· The conferences. Where people who know less than you present on topics you’re not interested in, but everyone gets to travel and have expense accounts (see above) and get swag from other companies. Quadruple threat!
· The retreats/offsites boondongle. Oh yes, we must get away from the mundane and ‘think out of the box’ (no doubt someone spent a whole week on the PowerPoints to get ready – see above). Sometimes on islands or other warm locations within close proximity to golf course(s).
· Senior management bonuses totally more than the GDP of some states, even if the company is going down the crapper. We can’t expect Executives to live on less. They are the ‘idea’ people. Again, even if the company is about to declare bankruptcy and go out of business, the bonuses will still be paid.
Through all of the above, has the price of something you buy ever gone down because a business person wrung efficiencies out? I’m waiting.. I can’t think of an example. You think the ‘efficiencies’ will help you… think again.