Well it does seem like strange timing considering how long they have been shooting themselves in the foot as you mentioned and considering they will be releasing a product that they have been developing for the past 1.5 years in early 2013It only seems like strange timing to people who haven't been following RIM for years. I am amazed that they've lasted this long. I can't wait to see the turd that they release next year.
Please reread said poster's replay and understand that he used one business as an example, and a tired line(non sequitur) to point out that the list I provided is meaningless. No, it in fact undermines your entire point. Including RIM on that list, requires that one be completely ignorant of RIM's circumstances, which calls into question every other entry there.
It would be like I made a list of five-star restaurants, and included McDonald's. People would rightly suspect that I had no idea what I was talking about once they got to the Big Mac.
I'd expect the list to be questioned from those looking to make excuses for a failed economic policy.
I'm sure Energizer, Boeing, and Darden are run by complete morons. Yeah that's it, it's not bad policy, it's the business' fault.
I think the point is, you are throwing out a very short list of companies who are laying people off since the election, then trying to say those layoffs are caused by 'bad policy'. So first, there is absolutely no way to demonstrate causation - layoffs happen all the time. Second, it ignores the thousands of other companies that make up the economy - as I mentioned before, many are hiring.
Mind you, this was just 48 hours after the election that these announcements were made. If these large businesses were feeling good about the economy and had a positive forecasts, they wouldn't be laying people off.
You can point to businesses hiring and I can point you to the unemployment rate and number of food stamp recipients.
No, it was 48 hours after the election that you cut and pasted this list. Some - like RIM - havent even announced the alleged cuts. Others - like Husqvarna - are foreign companies, so job cuts in Sweden probably arent indicative of Obama's failed policies. Regardless, show me causation, show me the macro picture.
And if you can point to the unemployment rate to show that the business atmosphere is getting worse since the election I would be happy to look at it and acknowledge if it causes me to revise my opinion, or makes a good point.
It doesn't have to get worse, staying the same isn't exactly great is it.
The companies on that list(which make up a small percentage of the list) that are foreign generate a lot of sales here in the US. Demand has fallen, now why would that be? Could it be people don't have the money to buy their products because it's going to other places like increased energy and food costs?
The majority of employers like Energizer and Boeing on that list announced the cuts on the 7th or 8th. There were a few that did earlier, but they were the minority. It doesn't really matter because these people are out of jobs. I never said that it was only due to Obam's reelection, but a culmination of his first term. Strange these large companies are not adding jobs during a "recovery".
I got a blowout on my car tire the other day. Interestingly, it happened right after Obama got elected. Coincidence? You tell me.
Luckily, though, my mechanic is giving me a good deal on a new used one, and he's going to fix the brakes, as well, for cheap.
Thank you, Obama.
Now, you may say that there is absolutely no proof that those events are in any way related to the re-election of Barack Obama. But, I say that they could be. You can't prove me wrong. Therefore, I'm right.