Part of an ongoing series of biased reports about the increasingly humorous group of people who think they have the qualifications to be President of the United States. This is not a joke. Really. They do.
Let me start with this. Most. Actually ALL the other candidates have well organized websites. You can click on a link to their “issues” section. And even if they are vague and sometimes silly you can actually read what their ideas are.
Not so with Carly. While she did run a computer company (into the ground) her website lacks the most basic political information. Like. What do you stand for? What do you believe in? What do you want to do?
Since she has never held public office we have no record of her votes, speeches in Congress, etc. So, we depend heavily if not exclusively on her own website. Nada. Nothing. See:
Well, you can MEET Carly. You can DONATE. You can VOLUNTEER. And there is a “NEWS” section. But nothing on her goals, ideas, plans, etc. In her “news” section she does criticize those who have criticized her. And she tries to make a case that she was a great CEO. Even though she was fired. So, I guess we will go with that.
Carly says that in her tenure at HP she created thousands of jobs. Others say she fired or laid off between 15,000 and 30,000 employees.
Carly says that when she took over HP had revenue of about $45 billion and she DOUBLED it’s worth to almost $90 billion.
Carly says that when she started at HP there were 84,000 employees and they almost DOUBLED to over 140,000 employees by the time she left (was fired).
So. That’s it. That is her SOLE qualification for being President of the US. For dealing with ISIS. Russia. The vast social services bureaucracy. That, and the fact that she was chairman of CPAC, the radical right wing fundraising organization.
OK. Let’s look at her claims. The first year at HP she actually cut jobs. But, in 2002 there was a 60,000 person increase in employment ! Almost doubled in ONE year. And the revenues DID increase to almost $90 billion by the time she left. Sounds like she is a WIZARD! A real job creator, par excellence! So, why did they fire her?
Something peculiar happened in 2002. HP bought another company called Compaq. So, those new “jobs” were simply the additional Compaq employees. That new “revenue” was simply what happens when you combine two massive companies. These increases had nothing to do with management..they were BOUGHT. It was not the result of good old American know how…it was the result of a good old American MERGER.
So, Carly is being a bit devious when she touts her management skills. So, why DID they fire her.
According to figures from a book about her”success”:
“After the 2002 merger the company’s results suffered. Yes, Fiorina did double HP’s revenues by buying Compaq, but at what cost? Let’s take a look at the numbers. In 1999 when she arrived at the company, HP had $42 billion in sales and $3.1 billion in net earnings. When she left in 2005, HP had $87 billion in sales but only $2.4 billion in earnings.”
So, she took a company earning $3.1 billion a year, bought another company, and managed to make only $2.4 billion in profits by the time she left. A financial genius. This is her sole qualification to be the President of the United States.
Of all the losers on the GOP side Carly is the “losingest”. No issues. No experience. Fuzzy math. The only thing she has going for her is that she was a CEO . A failed CEO.
Contestant #7. GONG! You’re out.