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The Shallowest Generation

ritholtz.com

51–54 of 54 posts

Re: The Shallowest Generation

#51
post #40
post #29

Earlier quoted context omitted.

They've been around since Reagan. And most of their principles and the key people appeared during Nixon's administration.

In that case the term "neocon" is sufficiently broad to be meaningless. We should probably make up new labels if nobody can agree on what this one means.

I'm not sure why. Because of the "neo?" There's plenty of things using that prefix that are no longer new - neoclassical economics, for example.

Re: The Shallowest Generation

#52
post #30
post #12

Earlier quoted context omitted.

How'd that work out? > Contrasting them with the "Greatest Generation," whose lives were basically dictated to them when WW2 started, and supported the House Committee on UnAmerican Activities. And the Soviets later revealed that there were Communists in the US govt and that they were trying to "influence" Hollywood. > Can we call them the "Pleasantville Generation?" instead. Whenever it comes down to "squares" vs "c…

I think it's fairly well documented that in amongst the hippies doing drugs were some key people involved in the creation of the computer, software, networking and internet industries.

http://www.amazon.com/Where-Wizards-Stay-Up-Late/dp/06848326...

Also, long hair and drugs doesn't make you "cool". (If it did, meth heads would be cool.)

Re: The Shallowest Generation

#53

He clearly states his bias: "Our Government bureaucracy, which contributes nothing to the advancement of our society, now is a larger portion of GDP than manufacturing." Somehow I don't think our past experience with trying to get roads, power, plumbing, and the Internet into rural areas agrees with statement.

> Somehow I don't think our past experience with trying to get roads, power, plumbing, and the Internet into rural areas agrees with statement.

"trying" is the important word. And, the federal govt didn't have much involvement in most of those things.

And, even if it did, do you really think that they explain or justify 30+% of GDP?

Re: The Shallowest Generation

#54
post #49

Earlier quoted context omitted.

Ok, first of all, you just listed 2 Japanese companies. Not really germane to the article or my comment. Second, neither Honda or Toyota appear to publish their executive salaries (at least I couldn't find them on financial sites). If you have a source for the $1M salary claim, I'd love to see it. Third, according to the links below, median CEO pay is $8.2M for Fortune 1000 companies and $2M for a larger sampling. ht…

I went looking. The article I found is interesting in its own right: "Engineers Rule: At American auto companies, finance guys and marketers rise to the top. Not at Honda." http://news.ycombinator.com/item?id=366709 From the article: "Honda doesn't disclose executive pay in detail, but the sum of salaries and bonuses that Fukui shares with 36 board members, $13 million, is just about enough for the boss at a big Amer…

Interesting ... thanks for posting.

I think it's safe to say that Ford/GM's lack of profitability has little to do with executive pay and much more to do with labor costs, efficiency, and product demand.

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