Health Care’s Cost Benefit Analysis

The National Highway Traffic Safety Administration reported 43,443 highway fatalities in 2005. If the maximum speed law were reduced the death toll would be sharply reduced.

If the government wants to save lives at little cost; a suggestion.

Independent observers estimate the proposed health care plan will cost trillions, to save to levels estimated for ObamaCare.

Why not reduce interstate speed laws? Why not educate drivers to be more safety-minded? That would save lives with better cost benefit.

Why not better obesity control, as another example?

MBA Program Changes

In a previous blog I mentioned MBA programs being revamped.

Some schools may be doing this for critical needs, while others may have more cynical reasons.

Educators may truly feel they are responsible for the type of student they have turned out. Or they may be trying to promote their MBA course in a depressed market.

Be alert to any school that makes ethics and excessive greed a fundamental lesson. Every course has to include an idea of ethics. But it is not a basic MBA tenet. It merely advises a student that the school has a leftist view of capitalism.

The prime focus on ethics and “sins of capitalism” is a theme that has permeated much of educational thinking.

After all, even scientists these days have occasionally cheated and hidden facts.

Ineffective MBA Programs

The Master of Business Administration degree, that many feel is so necessary for a top financial or business position, is getting a revamped appraisal by graduate schools.

Educators are doing this for two reasons. One is as a critique of MBA programs to date, and the other may be rather cynical.

Many schools think they may be partly responsible for the calibre of student they have turned out. And they may be trying to merely promote their MBA courses, because of a depressed graduate school market.

This speaks much about each school.

Post Office In-Efficiency and ObamaCare

One of the many aspects of what to expect from ObamaCare is evident today when we look at the U.S. Postal System.

Losses each year run about $7 billion, despite constant increases in charges. Postage stamps and other mail services have gone up well above the rate of inflation. A large number of post offices are slated to be shut to cut expenses, in addition to reduced delivery days and hours. Still, losses continue to mount.

The Post office retains its first class monopoly because no private carriers are allowed to compete with the government-permitted system..

Need to know more about this Government-Option service?

Sexual Harassment Suits are Costly

Experience as a major corporate employee-contractor taught me that treating employees well was good business. It kept them happier and they performed better.

I know that from experience. I am not a politician, who never truly creates real jobs. By the time I sold my interest in the company I created, I had over 10,000 permanent employees and well over 100,000 temporary workers at any given time.

I had also written instructions for my employees, to conform to Federal Equal Employment Opportunity Commission standards. To be certain they knew the ground rules about harassment at work.

Close to 100,000 complaints were filed by workers in 2008 on sexual discrimination of some sort. It can be bathroom issues of illicit advances, etc. based on gender.This can also be expensive because of attendant lawsuits.

Particularly for employers trying to overcome a deep recession when jobs are important.

It does make good business sense as well as decency to be careful.

The Young Jobless Government Problem

Youngsters suffer from unemployment to a far greater degree than the rest of the population. Government bumbling makes it worse for them.

The main problem aside from educational shortcomings? Left-leaning politicians raise minimum wages, in federal government and the ten states where minimum wage levels are higher than federal.

Teen unemployment approaches 30%, the worst since World War II, compared to 24% in July of 2009. Black male unemployment is about 50%, up from about 39% in July, 2009.

Union pressures. through the White House and Congress, add to the burden of minimum wages. That is also a significant factor in adding to teen joblessness. Low-rung workers are not directly affected, or even unionized, but union contract wages get adjusted upwards with higher minimum wages.

The cycle of unemployment among youth will continue as politicians seek favor from unknowing voters.

Government Bureaucrats Are Always Clueless

Citizens generally have an incorrect idea that Government bureaucrats, including the Treasury Secretary and the Federal Reserve head, are really completely “in the know.”

They may know more than 99.9% of the public, but that does not mean they know all it takes to perform an adequate job.

They are merely human. They may have little more information than we. But they may have no more expertise, and far less practical experience than many of us. Many bureaucrats have never had top-level corporate experience..

I know from my business and academic experience and contacts.

Inexperienced, impractical bureaucrats often make mistakes everyday. Unfortunately, they cannot admit flagrant mishaps, for the sake of their jobs, or their political party. So they blame everyone but themselves. Past administrations, the media, and their critics.

They haven’t really a clue,