Sunday, February 16, 2014
Right is wrong
"They steal our jobs": How exactly does one steal a job? By being ready to work harder and at a price point that works for the employer. It is called competition, no different than when everyone else competes for a well paying job. Employers look for the most talented resource at the most competitive price they can afford. Most of the stolen jobs are in farms, meat packing and janitors, all requiring low skill levels, but a lot of hard work. And they are willing to take those up. "They bring down the wages": Relative wages are revised constantly during economic swings. Private employers always have to find cost savings. Or else, the very employment is threatened. Only way some one will steal your job is when you are unwilling to work harder. If you are not learning a new skill or work harder, no employer will pay you more than the market rate.
When you prevent able, willing labor to take up these jobs, the employers are forced to take difficult positions. In certain fields, outsourcing is the most common phenomenon. Whereas insourcing creates additional economic activity, outsourcing is a net loss to the country. In other areas, costs go up for the consumers. And fewer such consumers can enjoy the benefits.
"They come here for freebies": Only a small number of them do. The 'American Dream' is well known around the world. But equally when known is the difficulty of making it here. And for a lot of folks coming from south of the border, even getting here is treacherous. To think that they go through it for freebies is outright demeaning. If emergency room care is all the freebies you are worried about, we can really move on to a different topic.
"What legal means exist?": Americans know about one federal agency, the IRS, the most efficient. Do you know which is the worst? ICE (Immigration & Customs Enforcement) (and INS before that), it is inefficient, arbitrary and the laws it is supposed to enforce vague. This is the same agency that sent a green card (permanent residency) to Mohd. Atta a week after he crashed his plane into the World Trade Center towers on 9/11. Legal means to emigrate to the US from host countries takes many, many years. And even those here legally, either come here to work or study, aren't guaranteed citizenship and at the current rate takes about a decade or more, during which time they are not allowed to switch jobs or relocate within US. And their (highly qualified) spouses aren't allowed to work.
"Let's deport them": The very best estimates of how many 'illegal aliens' there are is just that, an estimate; no one knows for sure. So, how exactly are we going to find out who they are? Certain racial profiling would be involved. And then you are going to ask population at large to show their documents, without any probable cause. I can guarantee that a great number of our citizens won't have the necessary papers in their position, not because they are illegal, but because they aren't required to possess them. You will have to turn each neighbor against the other to turn them in. It has been done in Nazi Germany. Is that what you really want?
"Demographics": With the aging baby boomers and falling birth rates, how can you guarantee a replacement rate that is required to assure our quality of living? With the replacement rate in US at 2.06, our economy is destined to be moribund like Europe (1.57) or Japan (1.3). Legal immigration from countries with a replacement rate higher than our own is our only hope. We need at least 3 kids per family.You can't simply deny the facts.
"They are illegal": Yes, they did not follow the most arduous process of entering this country legally. And as a result of that illegal activity, they need to continue certain activities - such as working and paying taxes - illegally. But beyond that, the vast majority of them don't do anything else illegal. By bringing these folks into the legal fold, you can bring in significant revenue from the shadowy places. By giving them licenses, we can better track them.. Do you obey every law of the land? Do you know a basic, in your face law the majority of the Americans ignore? It is the speed limit, it is posted everywhere. Have you always driven at or below that posted speed? Aren't you illegal too?
Tuesday, January 1, 2013
Bipartisanship
What exactly is bipartisanship? Simply put, when the two parties agree on something. And media likes it when they agree on everything. At which point, why do we need the two parties?
What is the history of bipartisanship? At the beginning of American democracy, there were no parties. The elder statesmen of different view points had all gotten together for the singular purpose of gaining independence. They brought their divergent view points to bear on the Constitution of the new nation that they had ratified. Would today's media consider that bipartisanship? I doubt it.
During George Washington's second term as President, his bitter critic was none other than Thomas Jefferson who wrote under a pen name that the President had become senile and pompous like King George. It was in fact Thomas Jefferson who started a 'party' system in United States to counter the Federalists of Adams/Hamilton ideology. There was no comity among these elder statesmen. There was absolutely no 'bipartisanship' during those days.
In 1859, a Southern senator had savagely beat up an abolitionist on the senate floor. Must be some bipartisanship.
Other democracies around the world have multiple parties and factions. They all present regional biases and constant coalitions are formed around issues. And the expression "Politics make for strange bed fellows" is so apt - look no further than Israel or India.
And the two party system in US has been fairly stable and kept the pendulum from swinging widely in either direction.
As a citizen, you want these two parties to bring different view points on any given subject so that each is given due consideration and a complete review before a compromise position can be reached.
Typically, whenever there is bipartisanship, you can be assured that they have just agreed to spend your money on something you really don't care about.
Don't let the media fool you. You do not want bipartisanship - it only means one thing, bad law gets made. They have to fight and compromises have to be made in the narrowest terms.
Sunday, December 9, 2012
So, who is "rich"
In this debate about taxing the rich, so, who are the rich that politicians claim to want to tax. And a majority of the country agrees.
Instinctively, most people think of Rockerfellers and Vanderbilts. Those are historic figures, none that exist in our current midst. And the one we can think of then would be Warren Buffet. But he is the one advocating higher taxes on the rich. Clearly something else is going on.
Let's engage in a thought experiment. How do you know which of your neighbors is rich? Most of us do not know how much someone makes. Let's be honest - we all guess someone must be making based solely on their lifestyle. If someone is spending a lot, then by extension, they must be making a lot of money and hence 'rich'. US personal bankruptcy rate tells us a different story.
So, how is taxing your 'spending' neighbor going to make it better? Lack of any empirical evidence, let's say that you and your neighbor make the same amount of money. And let's also say that your needs are about the same. The net difference is that your neighbor is spending on his 'wants', and you are saving it. Now, taxes are levied on known 'income'. We have established that you and your neighbor have the same income. When you advocate higher taxes on him, you are also going to be taxed the same. Since he is spending his surplus, he is not going to be taxed any further (ignoring sales tax in this exercise). Your savings will generate a tiny sum of income that the government then proceeds to tax. So, who did your tax the rich proposal really affect - because you based it on your perception and jealousy of the other persons spending habit? And when your neighbor has a little less disposable income, if he spends less, the economy is going to suffer. And you get to save less.
This happens at work too. Most employees think that their managers make more money. This isn't always the case. In private companies, what you make is based on what you contribute and your special skills. Managers are dime a dozen, skilled technicians are hard to come by. So, most managers reward their talented resources generously than their own paycheck. When Jack Welch was CEO at GE, he wasn't the most paid - Katie Curic was.
Jealousy should not substitute for a sound tax policy. Or being a good neighbor. What your neighbor makes and keeps is none of your business. Let's worry about our income, how to improve it and how to preserve it from the eyes of the taxman.
Wednesday, November 7, 2012
United States of Socialist America (U.S.S.A.)
***********
I wrote this 4 years ago and never published. And the day after the 2012 elections, it is still fit to be published.
Majority of Americans have chosen government handouts to individual effort and betterment. America has suffered irreparable damage, it is going to hurt future generations.
Greece, here we come - America joins your path.
Saturday, October 13, 2012
Pro Choice - what's that?
Pro-Choice: a woman's right to choose. Not just anything, only her right to choose an abortion.
So, what's the other side of this debate portrayed as: Pro-Life.
In the realm of opposites, some one who is opposed to Pro-Life is anti-life, right!? I can't imagine anyone admitting to that. But in the fiercest of debates, many pro-choice supporters have expressed anti-life views. This is tragic.
The central issue is abortion. It is neither pro-choice or pro-life. It is not one's opinion or faith, it simply is a medical necessity. Like all medical procedures, it should only be performed when absolutely necessary and no other options exist.
Left media's arch enemy, Former President George W. Bush had put it elegantly - Abortion should be safe, legal & rare. Can any rational person argue with that?
Apparently, they can. And they have - through many law suits to such basic requirements as parental consent for under-aged minors, guidance counseling, etc. This is quite a travesty.
So, if a woman wants to say since it is my choice, I want to abort any pregnancy any time I want, I think we have a larger social dysfunction in place.
Pro-Choice is probably the worst moniker there is.
Thursday, October 11, 2012
Big Bird
As we all know, commercial media reacts to financial incentives. Viewer preferences are conveyed through two means - ad revenues and Nielsen media survey. Discounting the small sampling of the survey compared to the ad revenues, we can be pretty sure that media execs know which shows are selling and which are not. We see this in action all the time as many shows fall bathe way side - if something is not watched, so are the ads not generating the revenue.
PBS has many quality shows. I watch them all the time. But we all are paying for it in entirely different fashion - forced through our tax dollars. Some are implying that that is the only way to have quality shows. That tells us something else about the society at large - that our priorities are misplaced.
And that is also the crux of this election year - our core values. This is about 2 very different paths we could choose. If we are too dumb to pick quality TV shows for our kids, are we smart enough to vote?
Wednesday, September 19, 2012
Energy Independence: Why should I care?
Globalization and free trade, the defining traits of American capitalism - why do these not apply to oil?
What ever the product, it is best to produce where ever it is cheapest to produce. Consumers benefit from it and the source countries benefit from an overall uplift. Yes, there are too many barbarians as rulers out there, but even there, rising tide lifts all boats - not as fast, but certainly does.
When it comes to oil, US imports majority from its North American neighbors - Canada and Mexico, followed by Saudi Arabia, not the most despicable of all the rulers. So, why does this topic poll well? Ignorance has got to be the first order. The concern is that in the event of a war with the oil producing nations, we will have a shortage. We use international markets and international pricing, and our oil companies are privately owned and operated with global operations, not government entities.
National security experts have argued over the years that our fight with Islamists is due to our dependence on Mideast oil. Boy, if that were true, it shouldn't be too hard to find another source that can source the 18% that we currently import from Saudi Arabia. What they argue about is world energy security? That has nothing to do with energy independence.
The thought that one of our adversaries would cut off our oil supply during the time of war - either a direct conflict or due to an alignment of forces. Once again, unlike many other nations, we get our supplies from a fairly wide number of nations. Besides, this is perceived risk than a real possibility.
The left berates us on our dependency on oil, foreign or domestic. And the right belly aches about oil imports. Neither concern is about the consumer. So, why do consumers care? And why does this poll so well?
Tuesday, September 20, 2011
Senile of Omaha
Sunday, September 11, 2011
9/11/11
Monday, September 5, 2011
'Faceless' Corporations
Sunday, July 24, 2011
Lobbyists
Monday, July 12, 2010
And he turns out to be a RINO
Turns out, he is a RINO. Of course, you know who I am talking about - Senator Scott Brown. He is obviously looking for his re-election in 2 years. And of course all the union and special interest negative ads. He announces that he is going to vote FOR the 2,000 page monstrosity called 'financial services reform'. Really, Scott!
This is a big let down. Well, he can count on at least one vote he is not going to have next time around.
Wednesday, June 30, 2010
Gates Gate - a year hence
We have become a nation of wusses. According to the investigating committee - "there were missed opportunities on both sides". Apparently, the police have the burden of explaining what they are doing. Well, a police officer responding to a 911 call about a burglary should "arrest" the burglar - he can check the credentials after that and read the miranda rights.
Media portrays this as a teachable moment about 'race relations'. Really. In 2009, in a nation (predominantly white) that elected its first black President, in a state with its first black Governor, in a(n elite) city with a black mayor, a routine arrest some how has racial overtones. Come on, isn't there any limit to this nonsense.
Law abiding - only some of the time
100% of everyone I know, speeds. It does not seem to enter into anyone's conscience that the speed limit is part of the local law and statutes. Speeding clearly violates the local law.
And there is a real consequence of this brazen violation of the law - too many accidents and at times, innocent lives lost.
I have written about this before. Most people, decent people, routinely make fun of speed limits and driving within those limits. I do not quite understand how trivial it is for some of them.
You can not be a law abiding citizen if you choose which laws you want to abide by.
We live in a democracy. And the laws are made on our behalf by the representatives we elect. If we do not like the law, use the political process to change the law. But not break the law.
Monday, May 10, 2010
Shipping & Handling
When majority of the businesses were brick and mortar and you wanted something packed and shipped to your home, I can understand the 'handling' aspect of it - since it is not their usual thing to do. But how are 'Online retailers - e-tailers' justified in charging its customer 'handling'?
Would you pay Dell a separate 'handling' cost to put that computer of yours in a box and send it to you from Texas? Of course not. That is Dell's business model and the 'handling' is factored into the price.
Amazon offers the ultimate - Free Saver Shipping. If you are not in a rush, your item is shipped to you for free.
Contrast this with some really outrageous e-tailers: ProFlowers (or any of the flower delivery companies for that matter), L.L.Bean. Their merchandise is already higher priced than a department store. And you end up 'shipping & handling' on top of their exorbitant prices. This is a total rip-off.
Quite frankly, your grocery store flowers are more fresh and better than anything you can order online with these guys. And L.L.Bean's merchandise is also mostly 'Made in China' stuff that you can buy anywhere else. And to have to pay 'handling' for a vendor whose business model is mail-order - is simply unacceptable in today's world.
Tuesday, December 15, 2009
Red Pill, Blue Pill
I have personally been involved in evaluating these considerations for my own health a few years ago. In fact, I had three choices.
Faced with highly active Crohn's disease, ended up in the hospital with bloody diarrhea 4 times in 6 weeks. My doctor who was treating me for years wanted to perform yet another resection - which may have worked.
Frustrated with those options, I sought yet another opinion. And this doctor thought I was too young to resect away my intestine or treat with steroids. He decided to put me on Remicade - the red pill, costs upwards of $5,000 every 8 weeks and administered at the hospital or physician's office.
In all of this, my insurance company did not get between me and my doctors. And the improvement in the quality of life has been incredible.
Under state-run healthcare like the British system, NICE (the agency that sets these thresholds) would have denied this treatment option since it exceeded their arbitrary $20,000 limit for six months.
And now, anyone with basic understanding of how market works knows that, if the blue pill can do everything that the red pill does at a lower cost, there never will be a red pill.
If there is anything that red pill does the blue pill does not, there are probably patients out there who need it, regardless of the cost.
When you paint with such broad strokes as the President and the democrats are doing, the individuals such as me get the stick. The reason the nation is animated over this subject is because when individual rights are threatened for collectivist dogmas, are we still a free country and free people?
Saturday, October 10, 2009
Why we are in Afghanistan
Monday, September 21, 2009
Drunk Driving
Tuesday, May 12, 2009
Smart Choice
I have been wondering about the explosion of small cars on American roads and started wondering if all these wonderful folks who think they are "green" simply because they are driving these small cars are being taken for a ride. Now I am convinced they are. Look at the chart below: (apologize for the format)
City Highway Length Height Width Weight HP
Honda
Civic 25 36 177 56 69 2630 140
Fit 28 35 162 60 68 2489 117
Civic Hybrid 40 45 177 56 69 2877 110
Toyota
Corolla 26 34 179 58 69 2822 132
Yaris 29 36 151 60 68 2295 106
Prius 51 48 176 59 69 3042 98
Smart 33 41 106 61 61 1808 70
Mini Cooper 28 37 146 55 66 2546 118
Given a choice between Civic and Fit, there is no "green" reason to choose Fit. It is kind-a attractive compared to very plain look of a Civic. But then again I have seen not so hip people driving 'Fit'.
Likewise, in the Toyota space, Yaris is not that much better than Corolla, but that much smaller.
Mini Cooper is cute, but that is not that much "greener".
Smart simply isn't smart choice for American roads - not practical as you sometime or the other have to get on a highway alongside those 18-wheelers. And for that big trade off, what do you get - almost a pittance.
Civic Hybrid is 1st generation hybrid technology. It is obvious that it delivers similar gas mileage pattern as a gas engine.
Prius is the most sensible "green" car. I do not own one, although I considered buying one. And then my cousin drove me 45 miles on a highway - in the greenbelt (I was in the backseat) and it felt terrible. And it is not very clear of the environmental impact when one has to dispose off the battery in 10 years.
So, I think the Smart Choice would be to pick a gas powered mid-sized car like Civic or Corolla and still feel "green".
And ultimately your driving pattern helps with mileage.
Talking heads, including our President, talk about Small Fuel Efficient cars. Shouldn't it simply be Fuel Efficient Cars? As the above data shows small did not provide fuel efficiency. Small cars are practical for those tiny European nations with cramped cities - makes parking easier, getting around tight spots easier. In our fast expansive continent, we drive long distances on open roads and share those roads with massive trucks. I for one don't really like to be roadkill.
I am all for fuel efficient cars, not small cars.