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Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away!!!

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S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 new stores given away and then there were 11 more that my downline had given away!!!

Want a New Career in Finance? No Experience or Lic. Required.

Click here for complete details.

 

NEW!

Fund Raising Assistance

Are you.... or do you know of a School, Church or other worthy organization that is need of new sources of Revenue?  Click Here to see how we can help.

 

 

James Blake wrote

Hi Bruce....

Thanks again for everything....My first 45 days in business you have paid me over $500, Plus, Infinity Bonus payments still to come.  AllSolutions Rocks!

 

Kimberly R writes on 12-12-08

Your help has saved my life!  The weight of the world has been lifted off of my shoulders!
Thank You, Thank You, Thank You!

I am so amazed that a random internet search found me the help I needed in the form of allsolutionsnetwork.com and YOU!!!!

 

Free Business Advertising

Free Advertising sites for any and all business endeavors.

 

K Boyer,  of Nebraska

Man I am so excited at this moment. I couldn't hardly believe my eyes when I saw your email that I have earned a Quick Start Bonus

 

No Credit Check Personal Loans

 

Michael M 1-2-09 Writes:

Hey Bruce this site is really cool Ive already called all my family
I"m so glad i found your company its awesome
your the greatest!!!!!!!!!!!!!
thank you for setting up this site

J. Nagy of Florida

You don't know how many other companies I have tried before without success. Usually all I did was LOSE money. Now Thanks to your company I finally did it!

 

S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away

 

 

How to Improve Your Credit

Learn to add 200 points to your credit score, within 45 days.  Clean your Credit, get any loan.... Absolutely FREE!

 

G. Prancer writes

I have tried for 2 years to make money on the internet with no success......spent plenty of money trying, but never made any money back.

 

I am now qualified for 3 different checks from you according to my calculations and now there is a"Bonfire Burning"

 

Thank you for introducing this site to us!!!

 

Larry  of Rock Marketing writes....

Bruce,
I want to commend you on a  website that  is the very best  i"ve seen online.  It is CHOCKED FULL of  many opportunities for anyone that is looking for a website that will fit  everyone's needs.

 

Free Misc Classifieds

BRAND NEW! Selling a car? A motorcycle? Looking for a friend, placing a personal? Misc goods or services?  Place your ad here-- for free!

 

Incredible Marketing Tools

A huge array of incredible technologies that are guaranteed to enhance any business.

 

S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away!!!

 

NEW!

Fund Raising Assistance

Are you.... or do you know of a School, Church or other worthy organization that is need of new sources of Revenue?  Click Here to see how we can help.

 

James Blake Writes...

Bruce....Wanted to thank you

The thought and effort you put into creating this.  The allsolutionsnetwork is amazing!

 

Allsolutions will make me rich....

You changed my life....bigtime....if you only knew how much.

 

Health Products

Every nutritional product you can think of is here.

 

G. Prancer writes

I have tried for 2 years to make money on the internet with no success......spent plenty of money trying, but never made any money back.

 

I am now qualified for 3 different checks from you according to my calculations and now there is a"Bonfire Burning"

 

Thank you for introducing this site to us!!!

 

Larry  of Rock Marketing writes....

Bruce,
I want to commend you on a  website that  is the very best  I"ve seen online.  It is CHOCKED FULL of  many opportunities for anyone that is looking for a website that will fit  everyone's needs.

 

No Down Home Loans

Low Interest No Down Home Loans, even with bad credit, late pays, collections or bankruptcy.  Let us show you how easy it is to buy!

 

Want a New Career in Finance? No Experience or Lic. Required.

Click here for complete details.

 

Free Repo Lists

Always Free lists of Foreclosures, HUD homes, Bank Repos, VA foreclosures, IRS Seizures, etc....

 

Do You Need a Will?

Valuable estate planning and Low Cost Will Preparation Services.

 

U Pay 2 Much Taxes

Income tax strategies that will save you money.

 

No Down Investments

Free Online Creative Financing Course teaches you to buy real estate with no money, no credit, (even bad credit), and even no job.

 

Bankruptcy

Stop Garnishments, Foreclosure, etc.... Is your credit just not salvageable?  For many situations, bankruptcy may be your best option.  See real life case files of how it helped or hurt others.  If BK is your best option, our professionals can help you start over with a low cost bankruptcy.

 

Free Bankruptcy Forms

You can do it yourself?

Click here for free bankruptcy forms.

 

Divorce

Tips on how to have a successful divorce, and low cost nationwide services.

Auto Loans

S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away!!!

Want a New Career in Finance? No Experience or Lic. Required.

Click here for complete details.

 

NEW!

Fund Raising Assistance

Are you.... or do you know of a School, Church or other worthy organization that is need of new sources of Revenue?  Click Here to see how we can help.

 

 

James Blake wrote

Hi Bruce....

Thanks again for everything....My first 45 days in business you have paid me over $500, Plus, Infinity Bonus payments still to come.  AllSolutions Rocks!

 

Kimberly R writes on 12-12-08

Your help has saved my life!  The weight of the world has been lifted off of my shoulders!
Thank You, Thank You, Thank You!

I am so amazed that a random internet search found me the help I needed in the form of allsolutionsnetwork.com and YOU!!!!

 

Free Business Advertising

Free Advertising sites for any and all business endeavors.

 

K Boyer,  of Nebraska

Man I am so excited at this moment. I couldn't hardly believe my eyes when I saw your email that I have earned a Quick Start Bonus

 

No Credit Check Personal Loans

 

Michael M 1-2-09 Writes:

Hey Bruce this site is really cool Ive already called all my family
I"m so glad i found your company its awesome
your the greatest!!!!!!!!!!!!!
thank you for setting up this site

J. Nagy of Florida

You don't know how many other companies I have tried before without success. Usually all I did was LOSE money. Now Thanks to your company I finally did it!

 

Free Home Classifieds

Have a house to sell? To Rent?  A Rent to Own Home?  Place your ad, complete with picture and description for free!

 

S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away

 

 

How to Improve Your Credit

Learn to add 200 points to your credit score, within 45 days.  Clean your Credit, get any loan.... Absolutely FREE!

 

G. Prancer writes

I have tried for 2 years to make money on the internet with no success......spent plenty of money trying, but never made any money back.

 

I am now qualified for 3 different checks from you according to my calculations and now there is a"Bonfire Burning"

 

Thank you for introducing this site to us!!!

 

Larry  of Rock Marketing writes....

Bruce,
I want to commend you on a  website that  is the very best  i"ve seen online.  It is CHOCKED FULL of  many opportunities for anyone that is looking for a website that will fit  everyone's needs.

 

Free Misc Classifieds

BRAND NEW! Selling a car? A motorcycle? Looking for a friend, placing a personal? Misc goods or services?  Place your ad here-- for free!

 

Incredible Marketing Tools

A huge array of incredible technologies that are guaranteed to enhance any business.

 

S. Camden wrote

Hi Bruce,

I am so excited about my website.  When I first got in I didn't do anything with it.  Then about a week ago I started reading through the site and what I read"lit a fire" under me.

 

I started advertising it and doing what you told me to do in the Fast Start Section .......and before I knew it I had 5 stores given away and then there were 11 more that my downline had given away!!!

 

NEW!

Fund Raising Assistance

Are you.... or do you know of a School, Church or other worthy organization that is need of new sources of Revenue?  Click Here to see how we can help.

 

James Blake Writes...

Bruce....Wanted to thank you

The thought and effort you put into creating this.  The allsolutionsnetwork is amazing!

 

Allsolutions will make me rich....

You changed my life....bigtime....if you only knew how much.

 

Health Products

Every nutritional product you can think of is here.

 

G. Prancer writes

I have tried for 2 years to make money on the internet with no success......spent plenty of money trying, but never made any money back.

 

I am now qualified for 3 different checks from you according to my calculations and now there is a"Bonfire Burning"

 

Thank you for introducing this site to us!!!

 

Gift Solutions

Hundreds of unique items for every occasion, including watches, jewelry, luggage, brassware....

 

Larry  of Rock Marketing writes....

Bruce,
I want to commend you on a  website that  is the very best  I"ve seen online.  It is CHOCKED FULL of  many opportunities for anyone that is looking for a website that will fit  everyone's needs.

 

Free Search Engine Submission

Free links to all major search engines and directories.

 

No Down Home Loans

Low Interest No Down Home Loans, even with bad credit, late pays, collections or bankruptcy.  Let us show you how easy it is to buy!

 

Want a New Career in Finance? No Experience or Lic. Required.

Click here for complete details.

 

Free Repo Lists

Always Free lists of Foreclosures, HUD homes, Bank Repos, VA foreclosures, IRS Seizures, etc....

 

Do You Need a Will?

Valuable estate planning and Low Cost Will Preparation Services.

 

U Pay 2 Much Taxes

Income tax strategies that will save you money.

 

No Down Investments

Free Online Creative Financing Course teaches you to buy real estate with no money, no credit, (even bad credit), and even no job.

 

 

Free Photo Personals

Totally Free Photo Personals.  Place your ad, search, upload Pictures-- All Absolutely FREE

 

Bankruptcy

Stop Garnishments, Foreclosure, etc.... Is your credit just not salvageable?  For many situations, bankruptcy may be your best option.  See real life case files of how it helped or hurt others.  If BK is your best option, our professionals can help you start over with a low cost bankruptcy.

 

Free Bankruptcy Forms

You can do it yourself?

Click here for free bankruptcy forms.

 

Divorce

Tips on how to have a successful divorce, and low cost nationwide services.

 Economics and Life

Politics                     Economics

Whether discussing Politics, Economics or any other controversial issues; keep these facts in mind....

  • It's important to believe what you want, but even more so to know why you believe it.

  • Always take a few minutes to consider the possible downside of great sounding policies.

  • Don't thoughtlessly accept statements.... even if you want to believe them; especially if you want to believe it Question it!  Uncritical acceptance atrophies cognitive skills and leads to dangerous decisions.

  • Don't hate just because we disagree on the proper tax rate. My dogs love me so I"m not that bad  :-)

  • Remember, Civil political debate is good. Reasonable minds really can disagree....  It's only the angry irrational defeated mind that's out of ideas that insist on a fight.

  • Never blindly trust your political leaders.  They always have an agenda and no matter what they say.... They'll probably do what's in their best interest, rather than yours.  SO PAY ATTENTION!

  • Remember, we are both just people, trying to get by.  We want most of the same things.  We differ on how to accomplish it.  Does that really make us enemies?

 

 

Do You KNOW WHY   You Believe  WHAT   You Believe?

If not.... Figure it Out! 

 

The WHY is INFINITELY more important than the WHAT we believe!

If we don't have objective facts to support why we believe a thing....  We are likely oblivious to the likely unintended consequences of helping our political opinions and beliefs to become reality.  Simply trusting our political leaders; democrat or republican is simply an invitation to deceit and chaos.   See why.

 

THE BLIND MAN AND THE GUN

     An uninformed opinion or more appropriately vote is like blind man with a loaded gun who with no remorse fires into crowd because he was told and believed he had special bullets that can't hurt anyone other than violent criminals.  If he simply accepted what he was told, innocent people would die.  

 

Our votes have similar but hopefully less dire consequences.  All laws have both winners and losers.  Shouldn't we be informed enough to know how a particular policy will affect us and our families?

     By unquestioningly accepting, believing then voting as we are told....  Our vote becomes like a political gun; but we don't control it....  It's controlled by the misinformation conveyed by those whose true agendas often have nothing to do with yours or mine. 

  What you want is a high paying job.... What they want is your vote....  They get our votes today and in exchange we often get short sighted, great sounding, flawed policies that cause more harm than good.  Realize....

 

   It is not the results your political leaders promised that requires our attention.

   It is being able to understand the likely consequences of their policies.

We need to have a good idea of who will actually be SHOT

and how much damage done before we pull that lever.... 

 

It is vital we know not just WHAT we believe, but WHY we believe it....

If I can't support my beliefs with facts.... Do I know what I"m talking about?!....

If I don't really understand the issue....  Isn't my vote worthless? Even dangerous?  

An uninformed vote puts everyone at risk.

 

So, what to do?  Discard those beliefs?  Adjust them?  Completely Disavow them? 

Shut up and keep them to ourselves?  No. We just need to make sure we know WHY we believe them!

 

 

Vote for what you believe.... Know WHY you believe it and Where it leads!....

Otherwise this could happen to you!....

      You vote for candidate X because he promised to pass a bill to create higher wages.  He kept his word, he told the truth, he presented the bill and despite massive opposition he got it passed! So far so good....  Within 6 months of enactment, the data was rolling in and it was unequivocal. Employee income was on the rise all throughout your entire state!   Unfortunately, there is more.... 

     The bill also resulted in"other" consequences.  They weren't really intended but they were easily foreseen.  That is why there was so much opposition.  One group analyzed the bill and understood the probable consequences.   The other heard only higher wages so blindly supported it.  

      What candidate X neglected to mention is that for many companies, adhering to the new law and its requirements would not just be difficult but impossible As expected and promised, there were employee pay increase all throughout the state.  However, thanks to their burgeoning payroll expenses, many employers had No Choice but to either reduce employee hours, lay off some employees or simply close their business.   What if you are one of these who were laid off! 

 

NO DO OVERS!

      At first glance, the law sounded great!  Who doesn't want higher wages?  But, I wonder, if given the chance, would those who were laid off directly because of it, vote for it again?  Shouldn't they have been informed in the first place that it was certain to cause many layoffs?

      The point here is not to argue the pros and cons of a living wage, but to point out the law of unintended consequences.  See Unintended Consequences in Action    

Unless we have a minimal understanding of how even great sounding policies can in fact be incredibly destructive, we are destined to believe, support and possibly even become responsible for a policy that slits our own throat!

 

If I can't support my beliefs with facts.... Do I know what I"m talking about?!....

If I don't really understand the issue.... Isn't my vote worthless?  Maybe even dangerous?  

 

OUR GOAL IS NOT TO PURSUADE

The goal in providing the many coming economic and political articles is not to persuade or change minds.  It is to make accessible, in an understandable manner, the basic empirical information and data that so heavily impacts the diverse opinions and issues that exist in our great country and even world. 

No matter how controversial or complex an issue may appear, a quick 5 minute skim of any article will provide a give a quick, logical and eminently understandable overview of the fundamentals, while at the same time furnishing the most relevant empirical objective facts and data available.  

 

Whether your political bent is to the left or right, you'll almost certainly glean informative new facts and insights; some you will welcome, others you might hate.... but they will always be the truth; free of the smoke and mirrors that are so frequently included by partisans on both sides of the political isle. 

 

We try to keep"opinions" and personal bias to a minimum, but we are all human, so of course, some will slip in.  To the degree that conclusions/opinions on issues are presented, I don't for one second expect everyone to agree.  

 

In fact, courteous disagreement and debate is essential to a healthy society.   The world needs more if it.  It is only by the cross pollination of competing ideas and policies better solutions are born.  However, this melding of facts and opinions is fertile only when both sides know, not only, what they believe, but why they believe it!

 

https://allsolutionsnetwork.com/cgi-bin/d2.cgi/[PERSONALID]/ecopolitics.htm

 

 

 I AM NOT A DEMOCRAT and  I AM NOT A REPUBLICAN!....  I AM AN AMERICAN!

I have no party loyalty.  My loyalty is to the American people, the constitution and the unique policies, freedoms and cultural principles responsible for making this the richest, most powerful nation in the history of the world. 

 

BUT WE HAVE A PROBLEM....   I FEAR WE ARE HEADING FOR A CLIFF

The foundations of what made us great is under attack; often by those whose hearts and objectives are noble and beyond reproach.  Without realizing it, millions of uninformed, propagandized voters are inadvertently using their vote to DRIVE US OFF A CLIFF THEY DONT EVEN SEE!  They vote with the intent of electing leaders who will work to enact the right policies to make all lives better.  But honestly wanting to do the right thing, is a far cry from knowing what the right thing even is. 

A burgeoning population of engage but uninformed voters is threatening our republic.  See why

 

That's why Thomas Jefferson stated:

 "A properly functioning democracy depends on an informed electorate"

 

Virtually everyone wants the best for our families, friends and country.  But, how can anyone consistently do the"right thing" or make"correct choices and decisions", without possessing sufficient information to recognize where those choices and decisions will actually lead?   THEY CAN't! 

 

PUT SIMPLY:

The fact I honestly want to take my family to Disneyland is irrelevant....  if I don't realize I"m actually heading for a cliff!

 

POLITICAL   REALITY

WE CAN TRUST OUR LEADERS, RIGHT?  THEY KNOW BETTER!.... DON't THEY?

Sometimes they do.... Sometimes they don't.... and occasionally it doesn't mater.

But Pelosi and Ryan would never let that happen, would they?  Well maybe they would.

Every human and politician has their own life's agenda.  Unfortunately, the top priority is to consistently Do and Say whatever it takes to get them elected and remain in office.  In spite of inspiring soaring rhetoric and enticing promises, often the only interest they have in you or me is our vote. 

 

If they don't make us happy they  get booted out the next election, right?

You would hope so but it just doesn't work that way.  They all know most voters have short memories and are very forgiving.  And if something goes wrong they can and always do, blame any negative results on the other party's refusal to cooperate in passing a bill to fix it.  Their blame game works 99% of the time as is proven by the incredibly high re-lection rate for all incumbents.

 

WHY WOULD THEY BE WILLING TO SAY OR DO ALMOST ANYTHING?

 Well, why not?  What is the down side??  Staying in office their key to a life of opulence.  I"m not saying all politicians are bad.  But in reality, there comes a time when they just don't need to care.  20 years from now when it's been proven beyond any shadow a doubt that a certain policy was total crap and horribly destructive,  it doesn't matter....  At least not to them!  Their destructive policies and recycled promises insured their re election for 19 years in a row!  They don't have to be worried about being voted out.... Now they are using our money to retire with a fat pension they voted for and we pay for!

 

We can no longer afford to trust Democrats or Republicans-

  We must learn to acquire, then trust our own knowledge

 Then wield it accordingly.

It's idiocy to blindly support the word of any man or woman just because we find comfort in the R or D in front of their name.  We can't give our vote to a candidate just because he or she reads a great speech or promises us a bunch of most stuff!  It's our personal responsibility to learn enough to appreciate the probable long term results of the choices we make.

 

If we are not informed, how do we make even one decision that worth a damn?!  Think about it......  an uninformed vote a dangerous vote.... Even if it's yours?

 

IT's TIME WE LEARN HOW YOUR LEADERS ARE HURTING YOUR FUTURE

 

Remember, good decisions are possible only in conjunction with good information. 

No matter your politics, our goal to give you the information and insights that bear on the efficacy of the political policies and issues that most directly impact our lives.  The information may not always be welcome.... but it will always be the truth.

 

Even if you are a well informed politico, you will often find THE missing insight into an issue that removes any question as to power of your position. What once seemed like a well founded opinion might be elevated to an incontrovertible fact incapable of being honestly refuted.  Unfortunately, nothing is ever immune from the unthinking dishonest attacks and arguments that are so prevalent today.  That's just the world in which we now live.     

 

ON THE OTHER HAND....

You may find that some of your most cherished and long held beliefs are challenged or even destroyed because objectively it enjoys little to no factual or historical support.  If  that happens it won't be fun.... but in the end, isn't believing that which is true, preferable to believing that which is currently comfortable, but ultimately destructive?

 

  Truth is Better:

Imagine you're on safari in the deepest jungles of Africa.  After a long day of hiking  you have only one remaining goal.... To escape the night's growing bursts of rapidly cooling cold wind.  You continue on your way, heavy with the anticipation of the warm comfort of your waiting bed roll.  Then, just outside your approaching camp you briefly glimpse what appears to be a thick, slightly crooked branch gently swaying in the wind.  At last!  You"ve arrived and blissfully sink into bed for a much needed night's sleep.

What Now?:

a.   Do you fall soundly asleep with dreamy replays of a dancing branch in an African breeze?

b.   Or do you die?  What if the swaying branch was actually an 8 ft. Black Cobra that also aspired to warmth and comfort so followed your heat signature right into your sleeping bag? 

 

If only it was known that life and death hang in a delicate balance that could be tipped by one simple inaccurate belief that would have been corrected with 90 seconds of additional inquiry....  Is it a  gently swaying branch? Or a snake intent on using your warmth and sharing your bed?.... 

 

OUR CHOICES IMPACT OUR LIVES- Like it or not we are in this together

What we as a people believe and perceive of our political leaders and governmental policies impact countless lives.  The balance shifts from life to death and back again according to the beliefs we hold and policies we support. 

 

Make sure the beliefs you hold and the positions you support will actually achieve what you want!  If we refuse to spend even the few minutes needed understand a few basic concepts....  you are doomed to eventually mistake a deadly cobra for a warm bed!

    

The history of nations, governments and politics is replete with snakes pretending to be a be the calming branch.... the results are always horrific.

 

Hitler-  He was the inspirational figure responsible for murder of millions, the destruction of his country and much of the world.   For many reasons, the German people chose to believe he was something other than what virtually every word he had ever written screamed that he actually was. They"preferred" to believe he had changed and was what they needed, rather than to believe his own words that repeatedly declared what he and his actual objectives had always been.  He was the perfect example of a cult of personality.  The power of his personality blinded the people to the cancer of his actions and ideas. 

 

Mao Tse Tung-"A chicken in every pot", the slogan that changed the world.  In spite of the literal impossibility of fulfilling such a promise, the people wanted and even NEEDED to believe and support him.  Poverty creates strange bedfellows. 

Mao could never have prevailed without the strong support of the people.  He had it during and after in spite of the murderous actions of Mao and his red guards.  In spite of the non stop human carnage he inflicted, the never ending hope created by his unfulfilled promises kept him popular.

 

We also have snakes among our political leaders; hopefully none as barbaric as the above.  In the US they consist of Democrats, Republicans, Independents, etc.... Many are incredibly appealing, they always look great, say exactly the right things, give the most inspiring speeches....  A great speech is no substitute for an effective policy.

Never forget!  A great policy is always preferable to a great speech

 

RESPONSIBILITY FOR THE POWER WE CONFER

With power, always comes the potential for great good and unimaginable harm. 

Shouldn't we be more careful about who we give the reigns of power?   Shouldn't we be more informed regarding the policies we support and the unintended consequences that logic dictates would follow from their implementation?  Shouldn't we spend at least, a few minutes contemplating how various policies will affect the future of our children and their children? 

CHECK UNDER THE HOOD 

Don't we owe it to ourselves and our futures to maybe check under the hood?....  even just one more time?  Maybe change the oil, find the old worn parts that could be dangerous and get rid of them?

WHAT SOCRATES SAID:

            The unexamined life is not worth, living.

WHAT I SAY:

            An unexamined opinion or belief is not worth holding.

 

        Isn't it time to reexamine what we believe and who you trust?

 

  UNINTENED CONSEQUENCES IN ACTION

Legislation like the below that visibly gives with one hand while hiding the damage done by the other, is not rare.  It's success requires only that they can find a sufficiently large block of voters withh limited curiosity and who after hearing PAY RAISE, think"I"m in!" and go back to the couch without a single thought to how it's done and additional possible consequences.
Actual figures vary on industry but the principle is always the same. 

Relevant facts....

  • Businesses usually operate on a slim profit margin of only about 3% to 5% after accounting for all expenses.

  • Labor costs can range can range wildly from about 20% to 60% of total revenues.

A Simple Hypothetical:

  • Assume your company's revenues are $2,000,000 per year with total labor costs of 20% costing you $400,000 annually.

  • Furthermore, your company's profit margin is 5%, so AFTER paying all employees and expenses the owner/company earns $100,000 a year.

A GREAT POLICY?-

Assume your state mandates a 15% increase in wages for everyone!  A large portion of the electorate would certainly be in support....  but in addition to employee raises, consider, might there be other likely results?

 

The result is an increase of $60k a year in labor costs to your employer.  This results in his net income income being reduced from $100k to $40k a year.  His house payment alone is $35,000 a year so he is left with only five thousand annually to feed and clothe his family.

 

The business will close and everyone's job disappear unless something radical is done and quickly; none of the options are pleasant.   His staff is not just a bunch of employees, but friends, so he wants to avoid layoffs or hour reductions.  But if he does nothing, he loses his home and the life he built for he and his family.... And every employee will be unemployed. 

 

So what to do? 

Their is little choice but to bring down labor costs. 

Why not just raise prices a bit?   

A price increase sufficient to come close to making up the deficit would certainly cause a decrease in sales.  Consequently any increased income per sale would be offset by lower sales volume.  

 

Even more importantly, his customers are unaware of the budget crises being experienced due to the new law.  Therefore, most would simply assume the increase is due to blatant greed.  He won't just lose customers, but the reputation and goodwill he had been building for years. Goodwill and reputation are the most valuable asset of a company.  Losing it poses an imminent risk to the very existence of the company.  And if the company fails.... The employer and his employee/friends are all out of a job.

 

THERE IS  NO CHOICE:

To survive, payroll hours must be reduced to a level that results in total labor costs that approximate previous levels. This can be done only by some combination of the below.

  • The hours of every employee is reduced.

  • Some employees are simply totally laid off.

But in either case for the company to survive, employees must accomplish the same results but in fewer hours.

 

Take a moment to consider this question. 

If we feel the need to place blame for this predicament, who do we blame?

  • The employer who is legally required to follow the law regardless of the consequences to his family or employees?  Even if an employee asked to continue working at the same rate, the employer is prohibited from allowing him to do so!  

  • Or the legislators who either didn't understand or care enough to consider and adjust the bill to lessen the consequences?  It's their job, they should have prevented the domino like consequence to the state economy, the company its employees:

FAR REACHING UNINTENDED CONSEQUENCES

 

Likely Consequences to Employer and Employee.

  • Likelihood of substantial statewide layoffs.

  • Employees that are not laid off will often receive fewer hours of work but required to maintain the same workload.

  • Company Raises prices to avoid layoffs and reduced hours- Almost certainly will result in reduced sales, effects company reputation, goodwill and risks the complete failure of the business.

  • This business fails, every employee, even possibly the owner are now unemployed.

Consequences to State Economy

  • Fewer new hires due to fewer available jobs resulting .

  •    No new tax payers causes stagnation of  tax revenue

  •    Few new jobs added prolonging the time people are on unemployment.

  •    Continued dependence on welfare rolls and the expenses incurred.

    •  

  • Wide Spread Layoffs resulting in....

  •    Continual new layoffs, each increasing unemployment expenditures

  •    Every layoff is one fewer person not paying income taxes so reducing revenue.

  •    So every layoff not only creates a new expense, it eliminates a source of revenue.

Raising Prices of companies hoping to recoup increased labor costs-results:

  • Creates inflationary pressures.

  •  Reduces actual number of sales and sales volume, thereby decreasing sales tax revenue.

  • Impacts the reputation and goodwill of any company taking this path, thus impacting the potential future viability of any implementing this option.

What if the Company is Unable to Survive?

  • The Consequences to the State....

  • Loses all sales taxes normally receive from this company sales.

  • Loses all Income taxes normally receive from the employer's profits.

  • Loses all income tax revenue normally received from each and every company employee.

    • Not only has it lost many sources of revenue....

  • It now pays unemployment benefits to each and every employee of the company their unthinking policies just destroyed....

I END WHERE I STARTED 

  • Believe what you want, but know why you believe it.

  • Always consider the possible downside of great sounding policies or ideas.

  • NEVER thoughtlessly accept statements.... even if you want to believe them; especially if you want to believe; Question it!  Uncritical acceptance atrophies cognitive skills and leads to dangerous decisions.

  • Don't hate just because we disagree on the proper tax rate. My dogs love me so I"m not that bad  :-)

  • Remember, Civil political debate is good. Reasonable minds really can disagree....  It's only the angry irrational defeated mind that's out of ideas that insist on a fight.

  • Never blindly trust your political leaders.  They always have an agenda and no matter what they say.... They'll probably do what's in their best interest, rather than yours. SO PAY ATTENTION!

  • Remember, we are both just people, trying to get by.  We want most of the same things.  We differ on how to accomplish it.  Does that really make us enemies?

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Last modified: 10/27/2021 10:51:04 AM