Wednesday, August 17, 2016

The Job Resume

             
Job resume suggestions generally involve what not to mention. So many job applicants add superfluous information which impede the essential message,

It’s important that everything, particularly your educational background, be truthful.
Topics such as the salary you’re seeking ought to be left off the resume. That question should come up only if the interviewer decides to ask about the subject during the first interview. Your hobbies can be listed only if they specifically apply to the work you’re to do.
                     
Your photo is not required and is generally left out unless your appearance is a prime aspect of the job. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Tuesday, August 16, 2016

Government Inefficiency

          
Those on the left insist that governments can outperform corrupt “capitalists.” But we have perfect examples of how government  actually manages to handle business.
                     
One example: General Motors decided to close dealerships after the government took it over. Closed dealers contacted their congressmen and senators, and the orders were then mostly rescinded, by such political influence.
                     
Valid business decisions became arbitrary. The exact opposite the administration promised would never happen, when it took over GM control.
                     
Politicians need voters; they cater to voter pressures. That means private industry employees will lose out to political influences.
                                        
Business people need profits and do what they must to get them, or they go bankrupt. Bankruptcy resolves problems. Otherwise, difficulties fester for years at taxpayer expense, as they do under government control.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Monday, August 15, 2016

Politician Lay-Off Tactics

              
Politicians who are beholden to government unions for political funding and patronage, have a way of cutting spending.
                     
It’s a favorite resort if you are going to spite those greedy taxpayers who refuse to keep paying salaries and benefits to those who earn more than they do.
                     
The political payback device? Lay off or fire the cops and firemen or let the prisoners out of jail.
                     
An alternative: In a society where the kids are getting dumber each year and only a third are educationally prepared to go to college, why do average class sizes have to remain at about 20 or so students? The small classes are still not working. Why not 40 kids in a class? It was in my youth, and the kids were smarter and better behaved.
                                        
And the larger class size with astute teachers would save sufficient educational outlay, while keeping cops, firemen, and criminal vigilance intact.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Sunday, August 14, 2016

Teach Ethics at Graduate Schools?

             
Graduate schools who specialize in graduating high-priced MBAs go out of their way to be politically correct and fashionable. To do so while charging exorbitant fees, they bother to teach basic ethics.
                     
In fact, MBA schools are going out of their way to teach ethics in return for the obscenely, unconscionably high
tuition they charge.
                                    
Why not teach the subject in high school and undergraduate college? It’s too late to bother if the graduate student has to be taught ethics.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)


Saturday, August 13, 2016

Illegal Immigrants

                             
You find more illegals in states such as New Jersey, New York and Illinois. Not heavily in states that surround them. Pennsylvania, Ohio, Missouri and Michigan, though not heavily. Nor are they much populated in North and South Dakota or Montana. You do not find them concentrated in Mississippi. But next door in Alabama, Louisiana and Arkansas, there are larger percentages.
                     
Would it be due to differences in social benefits or schooling or type of legislation? There must be a particular combination of reasons for varying numbers of illegals in  states.
                     
Those reasons can be addressed if the state governments truly wanted to correct them.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Friday, August 12, 2016

European Bankruptcy Solutions

                  
A Greek or other European financial basket case bankruptcy would probably be the best solution for their populations, and the United States.
                     
It would actually be the best medicine for the world, despite the usual gloom and doom portents. The pain would be severe but short lived. Not much more than what is still festering after repeated rescue efforts.
                     
The result would have been a good lesson that Greece, Europe and the U. S. desperately need; that you cannot avoid living forever on air or the productive energy of taxpayers. Debtors would learn to tighten their belts today, not tomorrow.
                     
Bailouts always fail except for politicians in office who keep kicking the solution-can down that road.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Thursday, August 11, 2016

Failure of Media Economics Knowledge

The Dow Jones Economic Sentiment Indicator tries to gauge the U.S. economy by weighing the balance of sentiment in articles published by fifteen major American newspapers. The Indicator analyzes published stories. They look for key words that indicate changes in economic sentiment.
                     
Journalism schools do not teach enough economics.  Because that would entail a balance of conservative as well as liberal thinking on the subject. The results of the work of their graduates show a deficiency.
                     
About 50,000 newspaper journalists work in the U.S., with thousands of published articles daily. Economics are integral to the news, particularly finance and its relation to politics.
                     
Unfortunately, schools do not teach news balance. Journalists don’t know enough to screen what has worked and not worked economically in the past. And to avoid passing along political nonsense without critical oversight. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)