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.)

Liberal Billionaires Pay More Taxes?

                    

Rich billionaire liberals don’t mind high

income taxes. At least in their public comments, when they attempt to curry favor with politicians for pet business projects of their own.

                       

They never mention charitable deductions or foundation benefits that the vast majority of these billionaires enjoy.

                       

They are not too concerned with income taxes that sap the creation of wealth they already have. They do worry about capital gains because they pay little taxes on income but have more capital gains to report. Or they have income protected to an

extent by holding company exemptions. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

European Defense From The U.S.A.

                     

The Left in America always wants the U.S. to become more like Europe. That translates as more governmental control of industry and society.

                   

Despite the heavy spending and taxation for European- style socialism, the only real budgetary savings can come from defense cuts. The U.S. gave Americans this ultimate touch of Europe by reducing defense expenditures.

                       

You would think overseas citizens would eventually be pleased with this. However, Europeans may not fully realize it, but the more America acts like them, the less secure Europe will be.

                       

Europeans spend very little on defense,    compared to the U.S. We are the ones they always have been able to rely on. We have been paying for much of their defense.

                       

Who will defend Europe if the U.S. cuts its defenses to the bone? The best most of their armed forces can now deliver is meals- on- wheels. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

                       

Federal and Local Business Licensing

                     

Big Business worries include the usual assortment of high taxes and excessive regulations. Small business has those and more, particularly the obnoxious and unnecessary local and state licensing requirements.

                       

Can anyone truly explain why, during a recession, an administration in Washington would pass regulatory laws for even more

tight regulations that reduce the prospects of creating jobs?

                       

Outside of the fact the bulk of these politicians have never operated any business, not even a pushcart. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

   

Contrived GDP

             

If your country’s Gross Domestic Product or GDP is not high enough, and you are allowed to openly manipulate the statistics, just play around with the necessary numbers to make up what you need.

                       

In France, they have felt in the recent past, they could improve their GDP in relation to other major countries. How? They contemplated this by adding in “leisure” economic factors. Thus they would add industries that represent leisure and not conventional productive factors used by other major nations.

                       

Of course, they will not be fooling anyone because the numbers represented would not reflect productive items of meaningful content or intent.

                       

You cannot hide the fact that a nation with almost universal retirement at age 60 or less, and so much vacation time, cannot be productive. (See the Earl J. Weinreb

NewsHole® comments and @BusinessNewshole at Twitter.)

Corporate Director’s Responsibility

                  

You have responsibility with potential liability if you are a corporate director. Even in a small corporation. What is more, you will not be able to easily buy insurance to cover that risk.

                       

Were you able to buy corporate director’s liability insurance, it would not cover accusations of fraud, the liability you have to avoid the most.

                       

Despite never committing an act of fraud in any business you are in, large or small, you can still be liable. Any worthwhile plaintiff attorney will charge you with fraud, no matter how innocent you may be, because it’s a powerful weapon.

                       

Also, you will be liable for any act other directors on the corporate board may be

accused of, in relation to corporate activity. That’s called joint and several liability. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)