Gap Between Rich and Poor

                                                                      

There is a big difference between the rich and poor as a group in the U. S.. However, folks within the actual numbers are not the same each time  statistics are noted.

                           

Individuals move from one category to another within groups. The poor people measured at one time may not be the same that are being counted in the following survey. They may no longer be poor.

                           

Millions keep constantly moving from one income category to another. Thus, you may have been in the poor bracket in the first measurement, but have now moved into to a higher level.

                           

This throws much of liberal political policy into a loop, whenever they talk about handouts for the poor, or the need for a livable wage for the poverty-stricken, or for those earning a minimum wage.

                           

The Left conveniently goes on the assumption that earnings of those they measure are static. That it’s the same folks entrenched in constant financial mire. And that they need a hand to move out of the poverty group. Most have already left with each measurement.

                           

The truth is, in the U.S. most are moving outward and upward.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)    

Roosevelt Depression Tax Lessons Not Learned

                         

Increased taxes were a major part of Franklin D. Roosevelt’s New Deal, during the 1930’s, along with an expansion of strict political controls. Merely started by President Herbert Hoover, the actions devastated the American economy in the 1930’s.

                           

All this central planning around open and hidden taxes is where we are mired under the Administration. Yet, with financial history for us to learn from, we have not acquired any practical lesson from the 1930’s Great Depression.

                           

The Administration has attempted to tax the U.S. out of a recession, right into a deeper one of stagflation. One, where we suffer from a lack of decent, private-industry jobs, amidst much higher prices.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Proper Franchiser Financing

                           

As you  know, I do not believe most franchises are worthwhile buying. They should be bought for name recognition and business training. Most franchisers, by far, offer little of both, so why buy into them?

                           

If I were selling franchises and I had little to offer in the way of name recognition and ongoing training I would have to offer some other advantage to keep franchisees happy.

                           

These days. especially, it’s financing. Yet, very few franchisers are able to do so. The ideal type, depending on the business, is accounts receivable financing. It helps the franchisee and keeps him attached to the franchiser.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)    

Uncle Sam’s Bailout Damage

                               

                           

The liberal media and left-leaning members of Congress make much of the fact that most of the bailout is being paid back or will eventually be.

                           

But that is not the important result of what happened with that attempt to get the economy moving. It is not how much money was put up and how much has been repaid. It is the effect of the bailout and what it signified.

                           

First, the bailout did not work despite today’s rationalization. Doing nothing would have not been the disaster we were lead to believe.

                           

Most importantly: Government interference in all its forms is what caused damage. The meddling, the setting of business policies, and the hiring and firing at bureaucrat whim, to go with salary caps; all that resulted and that is damaging state capitalism or socialism.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)   

Dumbed Down College Grades

                           

Both college and high school educations are not what they once were. You can call it educational inflation or dumbing down grades. College levels especially.

                           

When it becomes too easy to enter college you get a diminution of educational principles. Educators dumb down courses, to appeal to a student’s lowest ability.

                           

Also, affirmative action is practiced, and not just for conventional minorities. It is there for a group not equally represented on attendance roles.

                           

Moreover, schools market themselves by appealing to the baser instincts of students. The idea is to fill the rosters by making it easier to attend.

                           

Students, therefore, wind up in the easiest courses, That’s why so many graduates are unable to find real, practical jobs. Or why we have so many with easy-to-get degrees and so few who are doctors and scientists.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)    

Choosing Executives byTheir Appearance

                           

Selecting executives primarily for their good looks is well-known. It is an unfortunate fact of business life, as it is in politics.

                           

Top business executives often get where they are on the basis of their good looks. This is particularly so, it appears, when it comes to women.

                           

For men, the taller and handsome they are, the more advancement they achieve. With attractive women, there is a disclaimer. Being too pretty translates as dumb, especially among blonds.

                           

This is unfortunate but my experience in the business world has taught me that too many execs look for shortcuts when evaluating talent among prospects.

                           

All forms of prejudices, including, good looks, fuel and simplify those shortcuts. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)    

Global Warming Red Herring--Again

             

The sun has been its least active in decades. It’s in its dimmest phase in a hundred years.

                       

This is causing, in fact, scientists to recall the Little Ice Age, an unusual cold spell in Europe and North America, that lasted from about 1300 to 1850. The coldest period of the Little Ice Age was between 1645 and 1715, linked to a deep dip in solar storms, known as the Maunder Minimum.

                       

Access to Greenland, at that time, was largely cut off by ice. Canals in Holland routinely froze solidly. Glaciers in the Alps covered whole villages, and sea ice increased so that no open water flowed around Iceland in 1695.

                       

For hundreds of years scientists used the number of sunspots to trace the sun's roughly 11-year cycles of activity. Sunspots indicate intense magnetic activity on the sun's surface. Solar storms send bursts of charged particles hurtling toward Earth.

                       

Changes in the sun's activity affect earth in other ways. Research has developed a theory that the sun has a bigger influence on earth's climate than others have predicted.

                       

That throws the global warming pessimists who are anti-auto, anti-industry, and anti-industrial development, into their usual dilemma.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)