Ex-HP CEO Carly Fiorina Hired By Fox News

neutrino38 writes "The International Herald Tribune reports that Fox News hired Carly Fiorina, ex-HP CEO. Such an interesting move will certainly bring support to those who viewed her as the over-hyped CEO who killed the original corporate engineering culture know as 'the HP way.' The article, off course, does not elaborate on this aspect of things. Slashdot has previously reported her demise from HP and some comments mentioned some HP employee dancing in the cubicles then."

Comments

Added missing comma to summary

[autophile]

The article, off course, does not elaborate on this aspect of things.

There, I fixed your summary for you!

--Rob

Re:[OT] Re:Best of luck!

[DavidShor]

"Did they lower the unemployment rate?"

Well, thats impossible to say with any certainty. On the other hand, unemployment did go down signifigantly, to it's currently very low levels. Many other factors are responcible, and in fact most likely make up most of the increase, but it is very concievable that the tax cuts were a big part.

"Did they create new jobs?"

Yes, they almost certainly did. The question is how many.

"Please, enlighten us on how those tax cuts did any good for the economy."

Ok, they increased GDP and median income per household. They did not do so in a large enough proportion to increase tax revenue, but there have been several studies showing that the increase was there. Not only that, but the tax cuts expanded the use of the earned income tax credit, which has been rather benificial for the very poor.

Now overall, the tax cuts most likely did more harm than good, because we failed to curb spending. Deficits distort the economy, mostly by subverting our exchange rate, along with inflationary measures. But neither of these factors effect unemployment in the short term.

Now if we had supported entitlement spending cuts, that would have been better.