Here’s what NOT to tell your boss, when you miss your performance objective (by a lot)

Let’s fresh our memories.

Obama’s crack team of economists said: “Let O spend $750 billion to stimulate the economy and unemployment won’t go over 8%”.

Then, Team Obama overspent the $750 billion by about $100 billion.

If you’re keeping track, that’s an overspend of more than 13%.

(Don’t try that at your company … )

Then, unemployment shot past 8%, all the way to 10% … and has settled between 9.5 and 10%.

The first excuse: “the mess we inherited was even worse than we could have imagined.”

Hmmm.

You self-proc;aim to be the the smartest people on God’s earth and you’re the ones who set the performance metric.

Try again.

OK, try this: “critics say the unemployment rate is 9.7% .. but at least it’s not 12% or 13% or 15%…”

Huh ?

First, in Racine – where the stupid line was delivered – unemployment is 14.2%

Second, the argument is idiotic. Carried to the logical extreme, as long as unemployment stays below 100%, the stimulus worked because unemployment could have been even higher – forget that 8% number.

Try that logic in your next operating review: “well we might have lost even more market share”.

My bet: you’ll be shown the door.

Here’s the video if you haven’t seen it … I love when the teleprompter is turned off.

http://www.youtube.com/watch?v=I3TlNsPFkyE

This entry was posted on July 6, 2010 at 6:51 am and is filed under Employment - Jobs, Obama Administration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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