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Kathryn Kolbert

Kathryn Kolbert

Kathryn Kolbert, a public-interest attorney and journalist, is the Director of the Athena Center for Leadership Studies at Barnard College, an interdisciplinary center devoted to the theory and practice of women's leadership.

Bad refereeing

Q: Although they now have record amounts of cash on their balance sheets, corporate executives have been reluctant to hire and invest, complaining loudly of a new "anti-business" attitude in Washington. Is this public criticism courageous business leadership or an abdication of personal and corporate responsibility?

After over a decade of lax or, in some cases, no regulation, and run-away greed leading to one of the worst recessions in U.S. history, for big business to now claim that the government is "anti-business" is like the umpire complaining about how badly his game was refereed.

I'm tired of market "uncertainty" being blamed for the herd mentality and short-term thinking that pervades Fortune 500 companies today. I'd call it abdication of their responsibility to invest wisely in their long-term fiscal health. What better time to invest than when there are bargains for the taking?

By Kathryn Kolbert

 |  July 5, 2010; 5:27 PM ET
Category:  Corporate leadership Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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As one who does not normally believe in conspiracy theories, I do think that there is a coordinated strategy to not allow the current administration to succeed.

Posted by: Denny_98 | July 7, 2010 7:14 AM
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Why is it that Government is blamed with creating jobs, but when Government creates jobs (through direct employment) they get blamed with growing government. The republicans have created a nice catch 22. Blame the government when they create jobs (lets be honest the only way government can directly create jobs is to hire people) and then blame them when PRIVATE corporations do not create jobs. It also doesn't hurt that private corporations rigged the game for republicans don't win. Nobody also talks about the sliding scale that republicans and "tea party" members have toward a president that happens to be a skin color none of them are too fond of.
How can private corporations bear NONE of the responsibility for job creation???? How can the government bear all the responsibility??? WAKE UP!!!

Posted by: jcar2 | July 6, 2010 12:50 PM
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