Working Graduates

                

There has been commentary that it’s no fault of the schools and colleges that graduates are so unprepared for the workplace.

                       

This commentary is understandable when it often comes from the ivory towers of academe. They find nothing wrong with their ability to produce a student who cannot stand on his or her own two feet on Main Street in an emergency, if they have to feed themselves. To make change from a dollar at a cash

register, if need be.

                       

I personally ran a business with a payroll of up to 30,000 checks a week. At times I had to set up temporary projects with off-the- street employees, and have them trained within three days. But that was not with the caliber of present-day averageschool and college graduates.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

ObamaCare’s Doctor Shortages

                  

ObamaCare merely makes doctor shortages worse.

                       

Example: For years, politicians have been vehemently against changing tort and malpractice law that drive doctors out of the system. Doctors just find it getting too expensive to pay ever-rising insurance premiums, especially in some specialties such as obstetrics and surgery. But it’s not because doctors are more derelict in their work. Plaintiff lawyers are more creative in their briefs.

                       

In addition, doctor fees are being sharply reduced where government control is already exercised in Medicare and Medicaid, or under Medicare Advantage.

                       

Yet, ObamaCare wants to treat up to 50 million new insured with extra doctors. The American Association of Medical Colleges says the U. S. has a shortage of doctors . What is more, this shortage will probably grow to 150,000 by 2025.

                       

The doctor shortage will lead to the rationing of medical care, so long as government policy interferes with the ability of doctor earnings to attract more qualified students for adequate training. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Business Management Types

               

Companies can be managed in two ways. The public is not aware of the difference.

                       

One: Very strongly, or centralized, where the CEO is completely in control of the company’s daily operations. Many executives prefer this approach.

                       

Two: Loosely and decentralized, where more local control is allowed. Warren Buffett operates his different companies in varying industries on a decentralized basis. He has his individual companies perform without very strict daily direction from his headquarters.

                       

I prefer centralized, hands-on oversight, which I

believe is better from the operational standpoint.

                                                   

On the other hand, if your goals are primarily that of an investor, you never have the time, nor the inclination, to cope with administrative duties. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

       

Women Salaries

               

Women have been discriminated against in the past. The question is whether they still are, when anti- discrimination laws have been around for decades and penalties are severe.

                       

Women still tend to earn less. But there can be valid reasons. Many leave jobs in mid-career for maternity reasons; that distorts statistical averages. Others prefer to spend more time with family.

                       

However, there are more variations in certain professions than others. Hostile environment may often remain. Occurrences depend on profession or industry.

                       

Women’s needs may also differ within jobs, especially where measures of hostility may actually

 exist. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at    Twitter.)

Business Expansion?

                   

Folks are always impressed by top executives who constantly expand their business. Fine, if the execs are aware and experienced in the field they’re in.

                       

Unfortunately, many vaunted CEOs are constantly entering new industries, egged on by the so-called financial community gurus. Expansion for expansion’s sake is the motto. It makes headlines, along with the promises of future massive earnings.

                           

But be careful of ever-diversifying, expanding business plans. I have found from my own experience, it often pays to stick to what you do best.

                       

Like race horses, top executives and management often need blinkers on, with which to concentrate efforts for success. Furthermore, some plans do not accommodate other aspects of business. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Misleading Economics of Keynes

               

Democrats claim they are following the tenets of John Maynard Keynes whenever they say they are attempting to spend their way out of a recession with government outlays. This is really their own, exclusive version of Keynes economics.

                       

Keynes did not believe you constantly stimulate an economy by spending and spending. The current administration does not look at the futility or lack of success of what it has been doing. So it attempts to repeat much of the same.

                       

Despite the fact the public debt has us right on track to be the next Greece, or worse. (See the Earl J. Weinreb NewsHole        comments and @BusinessNewshole at Twitter.)

Business Expansion Fears

                     

Politicians and bureaucrats miss a common thought that’s familiar to anyone who has run a business, any business, even a street stall or pushcart.

                       

You have to make a profit. Not just today, but tomorrow, or it doesn’t pay to start or invest your money and your time.

                       

You cannot make a profit if your expenses today or tomorrow are going to wipe you out. No matter where those expenses come from; higher wages or taxes or regulations. The mere threats of increases will thwart any ideas of business you may entertain.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)