Schools Don’t Help Many Job Seekers

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

Obviously, this commentary is understandable when it comes from the ivory towers of academe. They find nothing wrong with their ability to produce a student who can 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 average school and  college graduates.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Doctor Shortages and ObamaCare

Action from ObamaCare merely makes the situation worse.

Example: For years, liberals have been vehemently against changing tort and malpractice excesses 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. A new report from the American Association of Medical Colleges says the U. S. has a shortage of doctors . What is more, this shortage will probably grow to 125,000 by 2015. And 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 Controls

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

Discrimination When Paying Women’s 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 those jobs, especially where measures of hostility may actually exist.    (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Big 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.)

Keynes’ Over-Used Economics

Left-leaning Democrats love to 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 only their 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.)

Reasons Business Avoid Expanding

                       

The administration  and its 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.)