Coke CEO Muhtar Kent told the Financial Times that U.S. states don’t fight one another for investment opportunities, while Chinese provinces clamor to compete for foreign investments. “In the West, we’re forgetting what really worked 20 years ago. In China and other markets around the world, you see the kind of attention to detail about how business works and how business creates employment,” he said.
Kent isn't the only CEO either: Ex-Amex CEO: My Grandson Knows More About Capitalism Than Obama
Harvey Golub: "His understanding of capitalism and free markets and how free people operate in free markets is less than my oldest grandson's. It is evident in almost everything he does."And remember this recently:
Related: Week in Blogs: Create a Job, Get Fined and Pay Legal Fees. Plus, Dwarf Porn Badger Den MishapTALK ABOUT YOUR JOB-KILLING REGULATORY POLICIES: CEO Tells Congress He Was Fined For Hiring Too Many People. “I incurred more than $500,000 in legal bills to mitigate a more severe regulatory outcome as a result of hiring too many workers. I have also been prohibited from opening up additional offices. I had a major expansion plan that would have resulted in my creating hundreds of additional jobs. Regulations have forced me to put those jobs on hold.”
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