https://nypost.com/2022/12/29/home-depot-co-founder-says-socialism-killed-
motivation-to-work/
The 93-year-old billionaire co-founder of Home Depot blamed “socialism”
for Americans lacking the motivation to work and warned that the future of
capitalism is in danger.
Bernie Marcus — who along with Arthur Blank built Home Depot into a
nationwide empire from just two stores founded in Atlanta in the late
1970s — told Financial Times on Thursday, “Nobody works.”
“Just give it to me. Send me money. I don’t want to work — I’m too lazy,
I’m too fat, I’m too stupid,” Marcus said about what he perceived as the
attitude permeating the country.
“Nobody gives a damn.”
The longtime Republican backer ticked down a list of people he blamed for
standing in the way of private enterprise, including President Biden, “the
woke people,” the news media, Harvard graduates, MBAs, lawyers and
accountants.
“I’m worried about capitalism,” said Marcus, whose net worth is estimated
by Bloomberg at $5.25 billion. “Capitalism is the basis of Home Depot
[and] millions of people have earned this success and had success.”
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Marcus, 93, blasted President Biden as “the worst president in the history
of this country.”
“I’m talking manufacturers, vendors and distributors and people that work
for us [who have been] able to enrich themselves by the journey of Home
Depot,” he added.
“That’s the success. That’s why capitalism works.”
He called Biden “the worst president in the history of this country” and
made no apologies for backing Republicans, including Donald Trump and Ron
DeSantis, the Florida governor who is being touted as a leading contender
for the GOP presidential nomination in 2024.
“I give money to them because I hope they’re going to do the right thing,”
Marcus said of his contributions to Republican candidates.
He praised Trump for his policies, which he said were “spot on,” though he
added “it’s going to be very interesting in ’24 because I think DeSantis
will challenge him. And may the better man win.”
Marcus’ vocal support for Trump prompted calls on social media to boycott
Home Depot.
Marcus said he doesn’t grasp the current trend of gearing business toward
advancing political and social causes. Any attempt to “woke” him, as he
put it, would fail, he said.
“The whole idea that a business is set up for social purposes doesn’t make
sense to me,” he told FT.
Nonetheless, he said Home Depot “was one of the first companies that was
socially conscious” — citing its efforts to help communities rebuild after
they were hit with natural disasters.
Marcus said he has no regrets about his life and the toll it has taken on
him to devote many of his waking hours to building Home Depot. He said he
has endured a heart attack, five bypass surgeries, and had an aortic valve
replaced.
He compared himself to captains of industry such as Jack Welch of General
Electric and Sam Walton of Walmart.
“All of these people make sacrifices,” Marcus said of chief executives.
“They sacrifice time with their families. They sacrifice time with the
community.”
He added: “They put their lives on the line into their businesses. But
ultimately, the result is something that’s special and gives them a
terrific return.”
Comments:
Iam Muttley
1 day ago
People are tired of being exploited. Blue collar family they work tons of
hours, see the pay scale go up for ceos, their* health care gets cut yet
premiums go up. They can’t afford to miss a sick day for kids or self
without being penalized.
Agent 711
1 day ago
Yes, many feel that way and it's true they have lost leverage and thus are
more easily exploited. But that is largely caused by socialist experiments
left running too long. It would be a huge mistake to think that things
will get better for the typical working family under an even more
socialist order. Despite their messaging, socialist exploitation is far
more brutal and abusive.
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Under Barack Obama's leadership, the United States of America became the
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