Unelected Bureaucrats

                                                                   

Congress was not able to pass a Cap and Trade bill. The public realized the proposed legislation was a device for powerful government taxation. The measure was more a means for imposing taxes on industry and consumers, than it  was for environmental protection.

                   

So what does the Administration do, in its effort to help reduce emissions it claims the bill will reduce? Especially when global warming is not scientifically proven.

                   

It imposes controls through unelected bureaucrats in the Environmental Protection Agency (EPA) (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

                   

Job-Creating Statistics

                       

An important statistic: While economists may differ, spending for a government job is known to have an economic multiplier effect of 1.4 or 1.5, On the other hand, private jobs have an economic multiplier of close to 3.5.

                       

So beware of job claims during a recession, especially when you get those politically-inspired varieties. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Effective Job Creation

When you hear that jobs are being created always consider:

                       

One: Are jobs make-work for government or are they permanent?

Two: Are the jobs full time or part time? And if so, for how long?

                       

If the work is for government, are they unionized with special pension programs? If the answers are that they are overwhelmingly government-oriented, you know they may be phony and costly. Particularly when so much of the administration stimulus went to states which added government jobs.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Unemployment Check Obstacles

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Unemployment benefits have an impact on unemployment statistics. Extending benefits tends to make the unemployment rolls greater because it’s generally a disincentive for seeking jobs.

                       

Studies show that most unemployed ,who are not desperate, put off looking for work until unemployment checks are ready to run out. But the media operates with just selective reportage. They find a small percentage who truly need more benefits and make it appear that all the unemployed require to be on a dole forever, or else they starve.With no remedy other than an unemployment check.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Misleading Average Unemployment Numbers

                       

Average unemployment numbers are what we get, covering all age groups. That average can consist of different classes, each of which is affected differently. Classifications contain teens up to age 25. Or all adults 25 and older. Or high school graduates, or college graduates; all skilled and unskilled.

                       

The adjusted unemployment rate now is closer to 12%, not the little over 6% reported by the media and the government. The youngest job- seekers are suffering the most from the current economy, at over 20%. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Faulty Unemployment Figures

                   

Raw government unemployment numbers are misleading. They must be carefully interpreted, but never fully are in the media, often for politically-slanted purposes.

                   

Examples: Unemployment numbers don’t tell you how long the unemployed have been out of work. Or how many are not working full days or have permanent jobs. Nor how many have given up looking for work. Those out of work a long time may not even be looking for employment, and are not being counted as unemployed. All that results in  better than reported unemployment figures.                       

Moreover, the time of year reported is a factor. And weather conditions may have much to do with short-term implications of job statistics. Furthermore, tricky estimates make up many statistics.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Company Management’s Ability

 

                   

It is true that an executive must operate with the hand being dealt. If the business environment or the economy is poor, an excellent manager may do extremely well by just minimizing losses. But there are no real standards to go by.

                   

Look at management techniques used; they are all the same. The same acronyms to describe managerial approaches. But those that worked in the past may not be working now. The ones that did not work in the past may be working today.

A lot of luck is involved and lots of persistence.

You do need an earnest game plan Also an eye on protective management technique that actively avoids serious problems. For example, keep away from damaging lawsuits, especially employee harassment and EEOC complaints. Management has to consciously stick to the employee manuals set up. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)