Failed CEO Carly Fiorina Announces 2016 Presidential Bid

Today, former Hewlett Packard CEO Carly Fiorina - who has regularly been named one of the worst chief executives of all time - announced her candidacy for the 2016 Republican presidential nomination. Having lost her 2010 bid for the Senate in California to double digits by Sen. Barbara Boxer (D-CA), Fiorina is running for what would be her first-ever elected office.

While at HP, Fiorina was accused of sending thousands of jobs overseas and laid off tens of thousands of workers. She missed numerous performance targets, and the company's stock lost more than half its value during her tenure. For this record, she earned roughly $100 million.

During her failed 2010 campaign, Fiorina gained notoriety for her infamous "demon sheep" ad, which NPR said might be the "worst political ad ever." Beyond her attack ads, however, Fiorina's views are antithetical to the issues most important to American Jewish votes. Alice Ollstein of ThinkProgress writes:

By some estimates, nearly two-thirds of minimum wage workers and three-quarters of low-wage workers are women. A raise in the federal minimum wage would benefit millions of working women and help close the persistent gender pay gap, and a vast majority — 80 percent — of women favor such a pay hike.

Yet Fiorina has repeatedly opposed a raise. “The sad truth is that raising the minimum wage will hurt those who are looking for entry-level jobs,” she said during a panel hosted, ironically, by the Clinton Foundation...

In speeches and appearances this year leading up to her campaign announcement, Fiorina has strongly opposed access to abortion and written off increasing restrictions on access to birth control. At CPAC, she told the crowd that the Supreme Court ruling last year that allowed employers to deny insurance coverage for contraception did not negatively impact women, despite evidence that the decision could severely impact the ability of low-income women workers to afford the reproductive health care they need. More than two-thirds of polled women voters, and a majority of Catholics, disagree with Fiorina, and say private corporations should not be allowed to deny their workers insurance that covers birth control...

Seventy percent of women cite being paid less than men for the same work as a big problem, with half saying that it’s a major problem. Two-thirds said the U.S. needs better laws to help women juggle work and family.

Though Fiorina has acknowledged the existence of the gender pay gap, she lays the blame for it on “unions, government bureaucracies, the very constituencies that Hillary Clinton and the Democratic Party represent” and opposes the passage of legislation like the Paycheck Fairness Act that would make it easier for women to discover and challenge pay discrimination.

She’s written that the legislation “would hurt female employees,” yet studies have shown that closing the gender pay gap would cut the poverty rate in half for working women.

For more information on Fiorina's business record, we strongly encourage readers to visit carlyfiorina.org.