While Hewlett-Packard Benefits From The Stimulus, Fiorina Claims It ‘Manifestly Has Failed’
by Guest Blogger
Think Progress.com
After winning the GOP nomination for the California U.S. Senate race last week, former Hewlett-Packard CEO Carly Fiorina has been quick to tout her chief executive credentials in her race against Sen. Barbara Boxer (D-CA). While claiming to fight for “millions of Californians [that] are struggling without a job,” Fiorina has mounted a fierce defense of her record off-shoring American jobs and has glossed over her rocky tenure at Hewlett Packard.
Portfolio named Fiorina one of the 20 worst CEO’s of all time, saying she was “busy pontificating on the lecture circuit and posing for magazine covers while her company floundered.” And Fiorina’s even gone as far as saying that “of course” she would still cut 10,000 jobs, like she did in 2003, if she were the HP CEO today.
Moreover, the former HP CEO has made a concerted effort to criticize the stimulus package, asserting the economic recovery act “has done nothing” for unemployment in California. In Sacramento on Wednesday, Fiorina reiterated her misguided rhetoric at a press conference held at Rex Moore Electrical Contractors & Engineers, a Sacramento electrical company. (more)