Mandatory Layoff Announcements Are Harmful

              

Corporate disaster is always possible when tipping off creditors and employees well in advance of plant closings. Yet, liberal politicians and their union backers have legislation where employers of a certain size and type must notify employees well in advance of possible close-downs.

           

Employees would like to know early on if they are to be trained for other jobs. But such action may unduly scare them in the event the plants are not eventually closed.

           

Often, financial conditions are poor, and finances cannot be arranged properly until the last minute. However, once a notification has been made, companies may have already lost employees with which they would have been able to salvage operations.  

                     

Furthermore, once the mandatory plant closing announcement is made, the company’s credit may be permanently damaged. Stockholder values, including those of pension holders and similar institutions, may be adversely effected. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)                                    

When Uncle Sam’s Your Medical Adviser

Too large a segment of the public still doesn’t understand what happens when the government is in charge of spending funds for health.

           

It can never be even-handed when there are budgets and limited funds to consider.

           

Example: We already have this to a degree in the United States, when more research is done on breast cancer than on prostate cancer. That happens because of political pressures. In turn, AIDS research had always received more funds than did breast cancer.

           

In Europe, rationing of drugs and treatment results from chronically limited funds. Medical research in the U.S. will eventually be curtailed as well, when funds are constrained. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)                       

Private Health Competition

The political left loves to say private insurance companies, or any private business, should be able to compete with any entity that is government-run, especially with regard to health insurance. So why not let Uncle Sam compete as well?

                       

But we know that government entities are not operated at low cost. The Post Office is one example. Medicaid and Medicare are government insurance coverage run amok.

                       

What pro-government enthusiasts never tell you, is that government has no capital costs. The taxpayer subsidizes capital as well as operational outlays.

                       

All private health insurance companies must provide expensive capital and funds and yet have only a few percentage points of profit to show for it.

Never fall for the argument that having a government agency option to choose from, in health insurance especially, will help the consumer. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)                                     

Health Insurance for All- Even Aliens?

                       

At least twelve million illegal immigrants may now qualify for free health care, for themselves and relatives, under ObamaCare and present local law. So-called undocumented immigrants still get medical care when they ask.

                       

Only about eight million Americans cannot afford health insurance premiums. The media dwells on a number of well over forty million that includes many who do not want coverage or do not need it for any number of reasons.

                       

It would be far cheaper to give the needy group health coverage free of charge, without revamping the entire system. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)                                    

Poor Experience With Government Health

                                                        

ObamaCare planning overlooks past experience with regard to government health coverage.  

                       

Fact: The bad service the Canadians and Europeans get in terms of care and rationing of care.

                       

Fact: The sharply rising costs of Medicaid and Medicare, present forms of government sponsorship in this country, and the fraud in Medicaid and Medicare that now exists.

                       

Fact: The current shortage of doctors and providers without adding additional patients.

                                   

Fact: The poor experience of the few states that have what ObamaCare eventually wants for “guaranteed issue” coverage.

                       

ObamaCare can propose step-by-step changes without emulating problems encountered elsewhere, but, unfortunately, does not attempt nor does so. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

ObamaCare and the Supply of Doctors

The Law of Supply and Demand applies to doctors and health providers as it does to commodities.

                       

You may tell the public you will increase their ability to get medical care. But to do so, you must also increase the number of doctors, aides, and medical facilities.   

                   

It takes about eight to ten years to educate and train a student both willing and smart enough to become a doctor. At a cost of at least $100,000.

                       

ObamaCare attempts to cut health costs, in part,  through a reduction of doctor income. This makes it tougher to explain the investment or acquired debt of becoming a doctor. 

Nobody mentions training new doctors at government expense, but if it ever happens, why train so hard for so little compensation? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Difference Between Public and Private Worker Unions

Why not have the House of Representatives in Washington approve the pay and work contract of all federal employees?

                       

There is no reason for government unions. FDR wouldn’t stand for it during the New Deal and Great Depression. If Fed government labor wants better pay, they can vote for a labor party or its equivalent.

                       

Private workers can and should have the right to join private unions. Negotiation with private employers is totally different than dealing with taxpayers where a union has the ability to influence government politicians and bureaucracy. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)