Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Mitt Romney Offers Ill-Timed Praise For Meg Whitman

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-18-12 02:44 PM
Original message
Mitt Romney Offers Ill-Timed Praise For Meg Whitman
Edited on Fri May-18-12 02:54 PM by Contrary1
Talk about Romney being out of touch. :eyes:

On a personal note, I would appreciate your positive thoughts. My husband works for HP. He was dealt a 23% cut in pay a couple years back. Not fun, but we managed ok. So many others were worse off. Now, it looks like Meg Whitman plans on cutting somewhere around 10% of the work force. Hopefully, he won't get the ax.


"GOP presidential hopeful Mitt Romney took some time, in an interview with National Review published Thursday, to praise Hewlett-Packard chief executive Meg Whitman, who lost her 2010 bid to become governor of California. If Whitman, a Republican, had defeated Democrat Jerry Brown, Romney argued, California's finances wouldnt be in such dire shape now and an $8.5 billion tax hike wouldnt be on the table:

The governor is taking them in the wrong direction. I wish Californians had elected Meg Whitman. She would have been more successful and explained to Californians the need to cut back on spending and eliminate unnecessary programs. There are other states that have very different records. I think it's interesting that the state with the highest or among the highest tax rates in the nation also has the worst or near the worst deficit.

Romney, like Whitman, has contended that his successful record in the private sector means he would know how to increase employment and balance the books while in high public office. But given all the talk of jobs losses and offshoring in this campaign, his praise for former eBay CEO Whitman's cost-cutting chops came at a less-than-fortuitous time. The same day Romney's National Review interview ran, The New York Times reported that Whitman plans on slashing at least 30,000 jobs at HP next week through layoffs and early retirement, while likely sparing its presumably cheaper work force in China:

The executives, who spoke on the condition of anonymity because they were not authorized to speak for the company, said that H.P. would seek layoffs and voluntary retirements from across the company. The total could be as much as 10 percent of H.P.s 324,000-person work force. China, which is one of H.P.'s highest growth areas, will probably be spared, as will its research and development efforts. Ms. Whitman, who became H.P.'s chief executive last September, "is trying to build a new company," one senior executive said of the job cuts. "You can count this as a part of that."

More: http://www.huffingtonpost.com/2012/05/18/mitt-romney-me...
Printer Friendly | Permalink |  | Top
Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-29-12 02:56 PM
Response to Original message
1. Update:
The husband has been offered an early retirement package. We talked about it, and decided that he has to take it, given that he will probably be dumped if he doesn't.

It's a fairly decent offer, mainly because HP will continue to contribute to our insurance for two years. That gets me (the high maintenance one) that much closer to Medicare.

He hadn't planned on retiring at 62, but hopefully; he will be able to get some work elsewhere.

Who would have thought that working hard for 45+ years would have led to this? Anyway; whatever happens...happens. Life is an adventure, after all. We'll get to wherever we are going. :)
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Aug 20th 2014, 01:57 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC