Comments on: More Cat Food Commission

By: Bryan

Bryan — Fri, 12 Nov 2010 21:03:36 +0000

Oh, I assume the workers will probably be at some Asian company no one ever heard of, just like the company that actually makes the iPhone. Most surviving companies in the US are nothing more than a management shell at a corporate headquarters with all of the actual functions of the company outsourced to the lowest bidder.

By: fallenmonk

fallenmonk — Fri, 12 Nov 2010 20:27:47 +0000

Thanks for the link to Dave Johnson. A nice summary of the actual process of meeting demand and the role of government in balancing profits and the needs of society.

On another note. Unless Cisco has changed their business model in the last couple of years since I consulted with them they are actually a ‘virtual’ companyin many repsects. They don’t do any of the their own manufacturing or actually maintain any inventory. Everything except engineering, marketing etc. are done by a third party. Regardless, if they took a hit their vendors will take a hit and the net will be lost jobs.

By: Bryan

Bryan — Fri, 12 Nov 2010 18:48:12 +0000

This fight over Social Security goes back to its founding in the 1930s. The Cat Food reference is one of the old arguments about what cutting Social Security would mean – seniors forced to eat pet food because they wouldn’t have the money to buy real food.

This is an ancient label that reappears every time the Republicans try to steal from the Social Security trust fund.

By: jams o donnell

jams o donnell — Fri, 12 Nov 2010 18:31:36 +0000

Silly question here. Why cat food?