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Tuesday, April 5, 2016

Are Law Makers Hurting their Economies?


            What effects business decisions? Well many things can effect the decisions that a business will make. A big one in particular is politics. Recently, the company PayPal was planned to open a big location in Charlotte, NC, which would create 400 jobs in the city. This plan was scrapped when Dan Schulman, PayPal CEO, got wind of a law that was passed in North Carolina.
            Recently, North Carolina passed a discriminatory law banning transgender individuals to use public restrooms different from the gender on their birth certificate. Dan Schulman gave this statement on Tuesday, “As a company that is committed to the principle that everyone deserves to live without fear of discrimination simply for being who they are, becoming an employer in North Carolina, where members of our teams will not have equal rights under the law, is simply untenable.”
            This law drew attention of many other big corporations such as, Apple, Google, American Airlines, Lowe’s, and The NBA. These companies are banding together to get North Carolina Law makers to exterminate this law. The NBA is suggesting moving next season’s All-Star game out of the city because of the law.
            As you can see politicians and law makers have a big impact on businesses decisions. The morals that CEO’s hold have a big impact on company decisions and as you can see they are taking it out on North Carolina. This may soon be happening in Mississippi because they are in the process of passing a bill that allows business owners to deny service to homosexuals. I like that business can change their opinion on a flip of a dime. This puts more pressure on politicians to make choices that won’t harm their states economies

Berman, Mark. "PayPal Abandons Plans to Open Facility in Charlotte Because of LGBT Law."    Washington Post. The Washington Post, 5 Apr. 2016. Web. 5 Apr. 2016.

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