September 7, 2012
Why Not Corporation Day as a National Holiday?
Gerald Skoning is an old friend and retired corner office Seyfarth, Shaw partner who specialized in labor and employment law. This is not the first time he has plead the case for recognizing Corporation Day as an national holiday in an opinion piece.Here's a snip from his latest edition by way of the WSJ entitled We've Got Labor Day. Why Not Corporation Day?
The problem this Labor Day is that too many Americans aren't working. Rampant unemployment is the issue on everyone's mind.
It's an election year and the deafening mantra of "jobs, jobs, jobs" is blaring as the presidential campaigns head toward November. With job creation as the focus of this election, we should celebrate a new "Corporation Day" holiday honoring corporations, entrepreneurs and all other employers who create jobs.
Labor unions have had their day—for 130 years. It's high time we honored corporations with a national holiday. After all, unions aren't the engine of job creation in this country. Companies are.
Everyone could get into the act on Corporation Day. Those who don't feel celebrant could use the day to criticize obscene corporate profits and outlandish executive compensation. Others could attack the exploitation of workers here and abroad, or raise concerns about consumer protection and the environment. But many national holidays inevitably draw protesters—that's a treasured American tradition!