RANCHO SANTA FE, Ca., November 14, 2014 – One would hope that operating in an efficient and effective manner would be among the main objectives of our Government. However, those two concepts appear to be foreign to our feckless leaders. Apparently, the rule of “supply and demand” doesn’t apply when a group of individuals has nearly unilateral authority to regulate the supply of programs and services (certainly within the public sectors and, to a degree, within the private sector), control the demand (legislatively), and dictate price (via taxation). To overcome this anomaly, we need to frame an operations policy for the United States … Read more
RANCHO SANTA FE, Ca., October 30, 2014 – Recently, China quietly overtook the United States to become the world’s largest economy on a basis of purchasing power (according to the International Monetary Fund). The President didn’t call a press conference to announce the accomplishment because it’s not exactly a favorable reflection upon his Administration. It’s also an election year, so expect it to be blamed upon a spontaneous response to an Internet video.
In reality, it occurred because China actually has an economic policy whereas the United States does not. Our Nation’s financial behavior in recent years has been somewhat less than “strategic” and the concept of “fiscal responsibility” never seems to have been contemplated … Read more