How To Scratch Your Own Back

There I was peacefully reading a Reuters article about the looming “fiscal cliff” in the U.S. When I stumbled upon this gem that almost passed tea out my nose.

With the clock running down on the budget negotiations, everyone who’s anyone is weighing in on the subject. So it’s no surprise that the chairman of the Business Roundtable would have an opinion on it. In his opinion, “We encourage both sides to work around the clock, if necessary, to avoid the severe repercussions that inaction would have on U.S. economic growth and job creation,”

Sounds good so far right? It’s just a hard working bureaucrat expressing his concern for the future of the country. We need more like him. More people who put the good of the nation ahead of their own interests. Am I right, or what.

Turns out to be “or what”. You see, the chairman of the Business Roundtable is a gentleman by the name of Jim McNerney. That’s nice you think, but so what. Here’s what… Mr. Jim McNerney just happens to be the Chief Executive Officer of Boeing. That’s right, the same Boeing that proactively cut a ton of jobs the day after President Obama was re-elected. Now Mr McNerney is lecturing about job creation because there’s nothing ironic about that. Oh yeah… Boeing also stands to lose billions of defense bucks if the U.S. sails blissfully off the fiscal cliff.

So what’s a person to do? If you’re Jim McNerney, you put on your Business Roundtable chairman hat and demand a solution to the problem so that Boeing CEO Jim McNerney can keep getting rich off of defense contracts.

That ladies and gentlemen is how to scratch your own back.

Cheers, Winston

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