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How will President Obama affect Business?

Joe Marconi

By Joe Marconi
in General Automotive Discussion

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Tom Ham AutoMN.info Contributor

Tom Ham AutoMN.info

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Will the election of President Obama have a positive or negative affect on business?

 

I don't think he knows...nor does anyone else.

 

In a way it's an unfair question since the mess is massive and unfixable. It took decades to create it and it can't be put together now. It has to crash, and it will (what we have seen so far is not the big crash...instead this is just the pre game show).

 

The question is really how bad and how soon. Will it be bad or horribly bad? Odds are that he will make it far worse by repeating the same policies, just at a more intense level, that have taken us to where we are.

 

Massive spending, borrowing and printing of money at a rate never seen before. The dollar will eventually crash and extreme inflation will follow.

 

Shops will be increasing prices frequently, possibly daily. This is going to be a wild ride.

Tom Ham AutoMN.info Contributor

Tom Ham AutoMN.info

Posted
Posted
People say Obama has leadership quailities that can ignite the ecomomy. Is this a factor in our recovery? Or are we too far down the slippery slope?

 

I think he can affect things, so he is a factor to a point.

 

But, no one can fix the mess due to its depth and size. It will need to crash first, then it can be rebuilt. The window for fixing it has long since passed.

autoguy Rising Star

autoguy

Posted
Posted
I think he can affect things, so he is a factor to a point.

 

But, no one can fix the mess due to its depth and size. It will need to crash first, then it can be rebuilt. The window for fixing it has long since passed.

 

 

The president is only as good as the people that he surrounds himself with. Take a look at the past few days and the coming days for appointments. The market rallied after finding out news of who is going to be a part of his administration.

 

This mess is too big for one man to fix. The problem was created in years and they want to fix it in a month.

 

It's like an old lady who goes to a cosmetics counter to get some wrinkle cream, and finds out that the wrinkles are still there. Well...she worked many years to get to those wrinkles, I don't think a little cream will make them disappear...same with this bailout bologna!

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    • Joe Marconi
      The Toolbox is Last to Leave, First is the Heart
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      It always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
      While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
      Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
      One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.

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