I really hate sounding like Chicken Little. But, given the intellectual and economic prowess of our Congress (that’s both the House and the Senate), I really have no choice. (Anyone else recognize the stupidity of bringing snowballs onto the floor to lambaste those who understand the import of global climate change?)
Is this another case of government overreach? Or, should we consider this a valid concept? I can argue the case both ways (yes, I was on debate teams for many years)- but I really am torn over this issue. Oh, yeah, that’s right. You can’t read my mind. So, let me explain the issues.
I can remember a time, not so long ago…
Yup, when Congressmen (there were maybe 1 or 2 women, who ‘inherited’ their spouses’ seats) were held in relative high regard. And, car salesmen were the low men (again- same statement) on the totem pole. Now, Congressfolks have a public approval rating that would make Idi Amin (go ahead, look him up!) blush- and car salesman have vanished (almost) from the face of the earth.
Without changing America- dramatically- we have to recognize that the three pillars of our society are going to have to be modified. We are not going to replace one of those pillars in this generation. (I would hope we do so within 30 years, however.). What are those three pillars? Housing, Manufacturing, and Healthcare. Given these facts, it’s not surprising that our economy is limping along- despite our stated efforts.
And, now cometh a new survey. One by USBancorp, the fifth largest commercial bank in the US (grown by merger of banks in the West and the Upper Midwest). One in its third year- and it is an annual survey. But, their definition of small business is different than that of BankofAmerica, which I discussed on 31 May 2012. (I told you we did not have uniform definitions!) USBank (the name under which USBancorp operates) polled 3220 businesses (small?) with $10 million in revenues or less. (BankofAmerica limited their polling choices to those with half that turnover. (The survey results can be found here.)
Here we go again. The US Congress is complaining that the US Postal Service (USPS) is losing money. And, they can’t figure out why. Instead of fixing the problems, they plan to cut Saturday delivery (why not Wednesday?) and adjust another problem they caused the Service with its pensions. (I’ll address that below, too.) And, you wonder why I doubt the intelligence of our Congressfolk and Senators?