Jim Boswell Blog | The Business Side of Things | TalkMarkets
Executive Director, Quanta Analytics
Contributor's Links: Globanomics
Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

The Business Side of Things

Date: Sunday, November 15, 2020 6:38 AM EDT

Got spooked a bit last evening watching the news and seeing a little ditty on Biden and China, which looked nothing like globanomics, but i am putting that aside for now.

Yesterday, i started thinking about Business and its role in Globanomics and today i would like to put some of my thoughts down.

1.  I think some talk about United States Business should be part of the inaugural speech.  Think about it.  It's our new Business analysis that showed the strength of our argument.  American Business did not need to become "Great Again".  It has always been there and in fact it blossomed to the point that American Business Companies represent almost 50% of the business value in the entire world.  That's a pretty good record of American Business i would say.  We will get back to full employment, but first we just need to get past this pandemic.  And you are right when you say "the jobs will be bettDer".  On this point i would point out that Democrats are generally thought to view Business more-negatively than Republicans.  You need to change that perception and that is why you should bring the likes of Yates, Buffet, Tillerson, etc. a little more into the globanomics picture.

2. Business Taxes.  Now here is how i think that should work.  First of all, American Business needs to pay their fair share of American taxes.  As important as Business is, it is still not as important as the United States Government.  I think the time is ripe to get Business leaders themselves to admit the truth of that.  Second, i was not joking about balancing the budget in three years with revenues at 20% of GDP and expenses at 19%.  The way you get to 20% revenues is take all of your "non-business taxes" and see what the difference that is from 20%.  Business should then be billed their proportion of the remaining bill (you could use a step-down rate like what is done with individual taxes to help smaller businesses).  Getting costs below 19% should be relatively easy.

2. The current distribution of "value" by "category" is a real hodge-podge and looks nothing like the distribution that globanomics will end up with.  Here is where the opportunity lies.  What you do is, shed things of value that have no future and buy with that money new things that look like they have a very good future.  This is what we will do with our own portfolio, which too, is a current hodge-podge.  I have not looked at this because i don't have the data, but i know that we will be shifting funds from one part of our United States portfolio to another.  For example: Defense Funds to some extent (what are you defending?), Banks take too much of the cream and that money could be spent better other places, health care is too costly and the value of Business Health Care is currently too much (monies wasted there could be spent better elsewhere).  Remember, however, the 49.9999% restriction we have put on ourselves.  Without that restriction we could own the entire thing, and no one believes in Benevolent Dictators--at least i don't.

3. In line with the above points, i think you should use the same business support you gained in step 1, i think you should use them to support you in your push for "universal health care.".  Here is my thinking.  What if American Business supported "universal health care."  Would not that change the tone of the argument.  What "universal health care" actually means can be stated with the following two points, which i think would also do a lot to qualm the fears of what Government control of health care actually means.

  • Every American citizen deserves and has the right to one physical a year by a doctor of their choice, two physicals a year if you are over 65.
     
  • After that, all health decisions and costs will be covered  based upon doctor/patient  decisions (knowing that we can monitor doctor'patient abuses)
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Flat Broke 4 years ago Member's comment

Out of curiosity, what was it on the news that freaked you out?