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Tag Archives: politics
Minimum Wage and the Middle Class
“Amongst the novel objects that attracted my attention during my stay in the United States, nothing struck me more forcibly than the general equality of conditions.” – Alexis De Tocqueville (Democracy in America, 1831) Americans have always considered themselves “middle … Continue Reading
Posted in Economic Trends, Entrepreneurship, Managing Employees, Politics and Regulation, Strategy and Planning, Technology
Tagged Ayn Rand, business, business ownership, business planning, business strategy, economy, employee performance, employees, entrepreneurs, entrepreneurship, health care costs, health care reform, hiring, management, media, new business, politics, small business, small business advice, startups, trade
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Regulation: Between a Rock and a Hard Place
True story: A fortune 500 company implements a new wellness plan for employees. It’s designed by consultants who use the Affordable Care Act (Obamacare) as a template. Workers are incentivized to get regular exercise, quit smoking and lose weight; with … Continue Reading
Posted in Business Perspectives, Entrepreneurship, John's Opinions, Managing Employees, Politics and Regulation, Strategy and Planning
Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurship, health care costs, health care reform, hiring, management, politics, sales, small business, small business advice
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Iron Rice Bowls and the Impact of Government Funding
There was an interesting editorial item in The Economist that unintentionally says a lot about the impact of government intervention on industry. In the last generation, the average number of working hours needed to purchase an automobile, clothing or other … Continue Reading
Posted in Economic Trends, John's Opinions, Politics and Regulation
Tagged business ownership, business strategy, economy, entrepreneurship, financial, health care costs, health care reform, leadership, medicare, politics, recession, small business, small business advice, social security
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We Can’t Legislate Job Skills
“Why can’t we find enough good people to hire?” As a consultant to business leaders, I hear this complaint with increasing frequency. From tradesmen to programmers, and from executives to scientists, we seem to be lacking a workforce with the … Continue Reading
Posted in Business Perspectives, Economic Trends, John's Opinions, Managing Employees, Politics and Regulation, Strategy and Planning
Tagged Baby Boomers, business ownership, business planning, business strategy, economy, employee performance, employees, leadership, management, politics, recession, small business, small business advice
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“Tis an Ill Wind…
…that blows nobody good.” That old sailor’s proverb, first recorded in 1543 and further popularized by Shakespeare in “Henry VI” in 1623, is as plain today in its meaning as it was almost 500 years ago. Anything that is bad … Continue Reading
Who’s Picking Up the Tab?
When a small business is sold, the total price of the business includes not only the cash paid, but any obligations assumed by the buyer on behalf of the seller. Transfer of a loan balance, accrued vacation pay for employees or … Continue Reading
Posted in Economic Trends, Exit Planning, John's Opinions, Politics and Regulation, Selling a business, Strategy and Planning
Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, exit planning, health care costs, politics, small business advice, social security
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Employee “Rights” in the Workplace
The 14th Amendment to the Constitution of the United States, the “Due Process” amendment, is one of the most-litigated sections of that document. It is also the only one that specifically abrogates rights, broadly removing the right to vote or hold … Continue Reading
2014 Outlook: Are We There Yet?
“The only thing we have to fear is fear itself.” Franklin Roosevelt’s inaugural address on March 4, 1933 was an early recognition of the power of consumer confidence in bolstering our economy. In 1933 The US GDP was falling to about … Continue Reading
A Tiered Minimum Wage for Small Business
Recent strikes by employees of McDonalds and Wal-Mart demanding a higher minimum wage have gained headlines on all the news feeds. The strikers claim that they can’t live on the Federally mandated $7.25 an hour. The California legislature recently voted … Continue Reading
Can Small Business Survive Federal Regulation?
It has always been tough to start a business, but as Niall Ferguson points out in his excellent article “How America Lost Its Way” in the Wall Street Journal, it’s getting tougher. According to an annual survey by the World Bank, in only … Continue Reading
Is “Follow Your Passion” Really Bad Advice?
It’s graduation season, and honored guests clutching honorary degrees are speechifying at commencements all around the country. In a recent story on National Public Radio, quotes from celebrities including Ellen DeGeneres, Oprah Winfrey and Michael Bloomberg all included the same … Continue Reading
Posted in Business Perspectives, Economic Trends, John's Opinions, Technology
Tagged economy, employees, hiring, politics, small business advice
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Healthcare Reform: Managing What You Measure
The Affordable Care Act (Obamacare) expanded health coverage to millions of people. It did little or nothing to control costs, and is just the tip of the iceberg in improving the quality of care. Think about how you select your … Continue Reading
Posted in John's Opinions
Tagged health care costs, health care reform, medicare, politics
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