Tuesday, July 6, 2010

Awesome NYT Op-Ed by Rob Parenteau!



Few say it better than Rob!

"The reason for all this saving in the United States is that public companies have become obsessed with quarterly earnings. To show short-term profits, they avoid investing in future growth. To develop new products, buy new equipment or expand geographically, an enterprise has to spend money — on marketing research, product design, prototype development, legal expenses associated with patents, lining up contractors and so on."

Read the entire article here.

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