The Consumer Vs Anti-Trust Laws

The Sherman Antitrust Act has been relatively timid for well over 120 years.
There always is a debate about what actually is a monopoly. Many on the left consider size alone as the deciding factor, when in the past, the competitive effect on the consumer was always important.

The bottom line, whether there is a monopoly, should be the effect on the consumer. If the corporate situation being investigated helps the consumer, then there is no monopoly. The whole intent of the Act was in the interest of the public.

What is telling is the administration’s position and its support of lawyers, who are always ready to sue. But such plaintiffs do not always have the consumers’ interest at heart

What about jobs? Any effects of strict leftward trusts' action will be jobs-negative as a result. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

Business Management Risks

There are four basic types of business management risks:

1- Knowing what the possible risks are.
2- The size, types and pitfalls of accounts receivables.
3- Salary excesses, their fringe costs and how they can be controlled.
4- Existing and potential production problems and where they can be regulated.
 
What compounds these problems in many companies, large or small, is the inability to adequately recognize them early on. And to monitor them, while  managing their potential risks on an ongoing basis. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

Huge College-Imposed Debt

What about college-imposed debt? The numbers received on this subject from the College Board have a disturbing lesson for us.

What college-debt estimates do not take into account are a list of important factors. Student debts racked up when going to college ought to include those of their parents; they weigh down college advantages. Interest on the debts are huge and add to problems associated with those debts. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

Is a College Education Worthwhile?

Estimates of a college education are being stated these days from about $800,000 to as much as $1 million. However, I find it’s more likely a fictitious figure, comparing what someone can earn over a lifetime with a college degree, as opposed to earnings of a laborer working at minimum wage for his or her whole life.

An assumption is made that all non-college jobs are non-skilled. Many skilled jobs that do not call for a college degree, such as electricians and plumbers, pay far better than college-bred positions.

Eliminate janitor-type jobs from the conventional comparisons, and the comparisons get completely skewed; college’s worth is over-valued.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter ).

For-Profit Vs Non-Profit Companies

 
The public usually seems to get the impression that non-profit companies are good and for-profits somehow are not. That non-profits are there to be helpful; the others may be greedy, seeking nothing for the public or consumer, but gain only for themselves.

The public have been taught by populist politicians and the media, that somehow profit is a dirty word. Unless, of course, a member of the public loses a job. In which case the boss has no profits with which to pay salaries.

But then again, for-profits must have cheated to get their earnings, if you listen to the populist media expositions. However for-profits have an upside, in that they are seen as more competent. Too many folks have had run-ins with post office and motor vehicle personnel. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.

Global Warming Talk is Deceiving

Rethink the expensive global warming laws that have been based on what we are now learning are, simply, global warming hoaxes.

What about ethanol production? It is expensive because the fuel is not efficient. And it is the product of a source of food that is becoming more expensive world-wide because of its diversion to energy use.

The outlawing of incandescent bulbs, and the buying of costly compact fluorescent light bulbs instead, is another instance of the need for rethinking some of the global warming nonsense.

What about green car manufacturing and the plans of companies who are going "carbon neutral." Lots of talk, and huge expense. Really over nothing.

When will schools stop teaching the kids the cataclysmic effects of climate change? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

Future Job Opportunities

Getting to know what jobs will be plentiful in the future is not easy to predict. In these difficult times it’s tougher. Consultants hired to make predictions are often wrong; yet they prognosticate and get clients, despite only rarely winning any accuracy prizes.

We know that economic trends are hard to change overnight. The health care services industry appears destined to continue its growth. There will be some bumps, however, depending on legislation and unionization activity.

Some aspects that require delicate skills, doctors, for instance, may be adversely affected, by past legislation or continued lack of tort reform by government. Technology skills will be sought. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)