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.)

Liberal Billionaires and Their Income Taxes

                       

Rich billionaire liberals don’t mind high income taxes. At least in their public comments, when they attempt to curry favor with liberal politicians for pet business projects of their own.

                       

They never mention charitable deductions or foundation benefits that the vast majority of these billionaires enjoy. They are not too concerned with income taxes that sap the creation of wealth most already have. .

                       

They do worry about capital gains because they pay little taxes on income but have more capital gains to report. Or they have income protected to an extent by holding company exemptions. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

European Defense Depends on U.S.

                       

The Left in America always wants the U.S. to become more like Europe. That translates as more governmental control of industry and society.

                       

Despite the heavy spending and taxation for European-style socialism, the only real budgetary savings come only from defense cuts. The Administration and Congress can only give Americans this ultimate touch of Europe by reducing defense expenditures.

                       

You would think overseas citizens would eventually be pleased with this. However, Europeans may not fully realize it, but the more America acts like them, the less secure Europe will be.

                       

Europeans spend very little on defense, compared to the U.S. We are the ones they always have been able to rely on. In other words, we have been paying for their defense without much outlay on their part.

                       

Who will defend Europe if the U.S. cuts its defenses to the bone? The best most of their armed forces can now deliver is meals- on-wheels. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Unusual Business Worries

                           

Big Business worries include the usual assortment of high taxes and excessive regulations. Small business has those and more, particularly the obnoxious and unnecessary local and state licensing requirements.

                           

Can anyone truly explain why, during a deep recession, an administration in Washington would pass regulatory laws for even more tight regulations that reduce the prospects of creating jobs?

Outside of the fact the bulk of these politicians have never operated any business, not even a pushcart. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Fanciful French GDP

                           

If your country’s Gross Domestic Product or GDP is not high enough, and you are allowed to openly manipulate the statistics, just play around with the necessary numbers to make up what you need.

                           

In France, they have felt they can improve their GDP in relation to other major countries. They contemplated this by adding in “leisure” economic factors. Thus they add industries that represent leisure and not conventional productive factors used by other major nations.

                           

Of course, they will not be kidding anyone because the numbers represented would not reflect productive items of meaningful content or intent.

                           

You cannot hide the fact that a nation with almost universal retirement at age 60 or less, and so much vacation time, cannot be productive.    (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)