Tuesday, September 4, 2012

"Corporation Day" ... A Post Labor Day Thought ... Tongue-in-Cheek Perhaps, But a Thought

Labor Day festivities have ended, and it's back to work, school or even the Democratic Party's convention in Charlotte this week.

We've Got Labor Day. Why Not Corporation Day? is subtitled 'It's high time we honored the industrialist pioneers, business barons and tycoons -- the job creators -- of our nation.'

It says the following, perhaps tongue-in-cheek, but at the same time providing an interesting contrast with what makes the Labor Day celebration possible:

"Ever since the first Labor Day parade in New York in 1882, the holiday has been a national tribute to working men and women. The problem this Labor Day is that too many Americans aren't working. Rampant unemployment is the issue on everyone's mind.

It's an election year and the deafening mantra of "jobs, jobs, jobs" is blaring as the presidential campaigns head toward November. With job creation as the focus of this election, we should celebrate a new "Corporation Day" holiday honoring corporations, entrepreneurs and all other employers who create jobs.

Labor unions have had their day—for 130 years. It's high time we honored corporations with a national holiday. After all, unions aren't the engine of job creation in this country. Companies are.

We have holidays to celebrate religious faith, ethnic heritage, patron saints, national heroes, the armed forces, veterans, and mothers and fathers. We've even gerrymandered the birthdays of our presidents to guarantee three-day weekends. Why not establish Corporation Day as a new federal holiday? . . .

We've kicked our corporations around long enough. Like returning Vietnam veterans, corporations have been tormented and harassed. They are routinely referred to as callous, uncaring, heartless profit-mongers. They are regular targets of protests, boycotts and media exposés.

Some are wrongfully accused of polluting, discriminating and illegal profiteering. They are taxed, surcharged, regulated, audited and generally hounded by all levels of government. Isn't it about time to pay our respects to the corporations that have made our country great?

Corporation Day would be a joyous celebration of capitalism, a three-day national holiday honoring the great industrialist pioneers, business barons and tycoons of our nation. . . .

This holiday would commemorate the tireless efforts of corporate executives to provide handsome returns on their shareholders' investments. Politicians could make long-winded speeches about productivity and economic development and job creation (which they do anyway). We'd honor the determined work ethic that has anchored the strength of our nation.

Everyone could get into the act on Corporation Day. Those who don't feel celebrant could use the day to criticize obscene corporate profits and outlandish executive compensation. Others could attack the exploitation of workers here and abroad, or raise concerns about consumer protection and the environment. But many national holidays inevitably draw protesters—that's a treasured American tradition!"

Summing Up

Well, at least it's a thought. Maybe not a good one, however, as the time to celebrate would be much better spent by doing the things that would lead to the millions of new jobs we need to create for our Labor Day celebrants.

And those jobs must come from real sustainable economic growth, which in turn must come from private sector wealth creators.

Instead of Corporation Day, why not Wealth Creation Day?  Or "Limited Government Intrusion and Live Within Our Means as a Country Day?"

Better yet, let's just get off the backs of the jobs providers and do what we can to enable them to grow their businesses so more people can experience the joy and fulfillment of working productively for our daily bread.

Now that's a happy thought.

Thanks. Bob.

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