Home > History Repeating Itself, Public Service, Solution-Problem > This is the definition of cognitive dissonance

This is the definition of cognitive dissonance

An article at Fox News a few days ago points out an interesting conundrum. Say you are a supporter of a “movement” like Occupy Wall Street. You are against corporations having too much power and influence. You are against government bailouts. You want more jobs. You hate it when executives give themselves pay raises despite bankrupting their firms.

Oh, and you trust Barack Obama and his political ilk to right these wrongs. So what happens when Obama’s policies not only fail to stop these problems, but actually further them?

An electric car battery company reportedly has laid off 125 employees since receiving $390 million in government subsidies, but is still handing out big pay raises to company executives.

…A123’s primary customer, Fisker Automotive, is also struggling financially. “Yet, this month A123’s Compensation Committee approved a $30,000 raise for CFO David Prystash just days after Fisker Automotive announced the U.S. Energy Department had cut off what was left of its $528.7 million loan it had previously received.”

This month has seen significant pay boosts for other A123 executives, as well, including vice presidents Robert Johnson and Jason Forcier.

…“It looks highly suspicious,” Paul Chesser, associate fellow for the National Legal & Policy Center, told Mackinac [Center for Public Policy]. “It looks like they are trying to pad their top people’s wallets in case something really bad happens.”

Seems to me that this is the definition of cognitive dissonance. Obama’s class warrior rhetoric only goes so far, and we are beginning to see just exactly where its limits lie.

It seems to me that politicians are saying that “it is never okay to lay people off while paying your executives too much money. Unless we say it is okay.” Cognitive dissonance.

Tell me again why you think Obama is the right man to stop corporate abuses? Again, you want fewer mosquitoes, you drain the swamp. Take away the corporate subsidies, even for such touchy-feely pet causes like “green energy,” and you’ll get less corporate abuse.

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