Wednesday, October 16, 2013

BloggeRhythms 10/16/2013

Something I learned long ago in business, was to never overreact when facing competitive offerings sounding too good to be true.
 
Although the premise sounds entirely logical, for salespeople, patience isn’t generally their long suit, most often prodding them to respond immediately with a counterproposal of their own.
 
However, by stepping back, letting reality take its course, unrealistic competition will generally disqualify itself by being unable to perform as promised. And once that occurs, that same completion not only loses transactions at hand, but most often doesn’t ever recover regarding those they initially misled.
 
I mention this because it’s the same situation Republicans find themselves in right now, regarding the incumbent’s heath care tax.
 
As I’ve suggested quite frequently recently, the odds are that the tax will destruct by itself, and take slews of Democrat politicians with it.
 
In that regard, CNBC's Dan Mangan interviewed  Mark Bertolini, Aetna's CEO who “gave a harshly critical review Monday of the federal government's Obamacare marketplace, saying, "There's so much wrong, you just don't know what's broken until you get a lot more of it fixed."
 
Asked if he would have delayed the launch of the exchange given its earlier problems, Bertolini said, "I would have, if I'd been in their seat." But, he added, "the politics got in the way of a good business decision."
 
However, Bertolini also said, "it's the law of the land, number one. Number two, public exchanges are going to be here to stay, so we need to make them work somehow. ... The question is: How do we get from here to there?" 
 
He then said "it could take three years or so before the marketplace's problems are fully sorted out.”
 
So, if Mr. Bertolini’s right, and he probably is, for the next three years the program will be saddled with considerable problems. Which suggests to me that during that time, since politicians will be still be deeply involved, the program has no chance of ever working properly, more than likely destructing by itself.
 
A further real world observation strongly confirms that assumption.
 
According to Fox news, “The CEO of a major American fast-food corporation says President Obama was “wrong” when he claimed that the costs of ObamaCare are not hurting job creation in the U.S.”
 
Appearing with Megyn Kelly on “The Kelly File” on Fox, “Andy Puzder, the CEO of CKE Restaurants Inc. parent company of Carl’s Jr. and Hardee’s, told  her that "his company and others will choose to hire part-time employees instead of full-time employees because of increased costs from the health care law.”
 
His rationale was, “It’s very simple if you increase the cost of something businesses will use less of it. If you decrease the cost they will use more of it. So if you increase the cost of full time employment, there will be less full time employees. If you decrease the cost of part time employment, you’ll have more part time employment.”
 
So, here we have continuing proof that while the incumbent attempts to turn the nation into a socialist haven, those providing employment, creating wealth and paying the bills are doing business as usual. 
 
Because while he’s scrambling feverishly to redistribute wealth, those having it are reading his ground rules, finding ways to work around them, leaving the incumbent at the head of a growing group of unskilled, inept, incapable cadre of whining losers just like himself.
 
That’s it for today folks.
 
Adios

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