Tuesday, August 5, 2014

Why nobody blames himself?

Why nobody blames himself?

Because Washington exists

A new NBC/WSJ poll finds that 71 percent of adults believe the United States is on the wrong track, and 60 percent think we’re in a state of decline.

Roughly 70 percent pointed the finger of blame at political gridlock for the current state of the economy.

79 percent are just fed up with the political system in general.

Monday, August 4, 2014

Finding something new to justify an existence

Finding something new to justify an existence

Any government, any political institution, any bureaucracy will always find something new to justify its existence, whether or not it's needed.

Friday, August 1, 2014

Which is the most important customer of a company?

Which is the most important customer of a company?

Political patrons

Tuesday, July 29, 2014

What is productivity in Congress?

What is productivity in Congress?

H.R. 803 – Workforce Innovation and Opportunity Act
Sponsor: Rep Virginia Foxx (R-NC-5)

2/25/2013    Introduced in House


3/12/2013    House Education and Workforce Committee amends and passes it. 


3/15/2013    Three days later, it’s passed in the full House by a vote of 215 - 202

[15 months passes with no action in the Senate.]


6/25/2014    Senate Committee on Health, Education, Labor, and Pensions discharged by Unanimous Consent.


6/25/2014    Passed in Senate: Passed Senate with an amendment by a vote of 95 - 3.


7/9/2014      Resolving differences -- House passes the Senate-amended version by a vote of 415 – 6.


7/15/2014    Presented to President.


7/22/2014     Signed into law.

Tuesday, July 22, 2014

How America works.

How America works.

Borrowing revenue from the future to pay for our spending today.

Playing the accounting game in Washington.

Kicking any can down the road.

Allowing  technically to game the system.

Thursday, July 17, 2014

What will ignite the next economic crash?

What will ignite the next economic crash?

Cov-lite lending

Tuesday, July 15, 2014

The new gold standard of employment metrics.

The new gold standard of employment metrics.

Payroll to Population,  the number of adults in the total population who work for an employer at least 30 hours per week.

U.S. Payroll to Population Rate is 47%.