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Obama Should Go to Business Night School
Townhall.com ^ | March 15, 2014 | Roger Schlesinger

Posted on 03/15/2014 1:28:19 PM PDT by Kaslin

If I had been Barrack Obama's adviser when he was young I would have led, guided, pushed or simply threatened him to go to business school instead of law school. I would have told him that it was pretty obvious he was going to be running this country in his later years, and business school might do him better than law school. I have never been to law school but have a Master’s degree in business administration, so I can understand some of the complex business models that face our leader: Keystone pipeline, raising the minimum wage and deciding that private businesses have to pay over-time to employees on a salary if they work over 40 hours a week.

The difference between law school and business school seems to be, judging by the actions of POTUS, is figuring out what will become of the economy after one the complex problems cited above goes into effect. Obviously that isn't a concern in law school; laws are passed and enacted and in the mortal words of Nancy Pelosi we need to pass the law to find out what happens from what's in it.

Let's take a look at the Keystone Pipeline problem. We are shipping oil across this country on the railroad, coincidentally owned by Warren Buffet, which at least Warren Buffet thinks is a wonderful and safe, albeit not the fastest, way to ship oil. It certainly keeps his railroad going well, which is important. Should we decide to go the other way and erect the Keystone Pipeline, we are told that we may be able to create over 20,000 new, well-paying jobs and perhaps have a faster and safer way to move the oil.

The President now has a choice which is the type of situations taught in business school. It doesn't seem to be a very hard problem, now that the feeling is no environmental problems should arise. In as much as he never went to business school and has trouble doing something without checking on what his actions would do for him politically. Could that be the deciding factor?

When sticking his nose into private companies the President relies on politics only. The raising of the minimum wage and the paying of overtime to those on salary present some unintended consequences plus some serious economic results that will hurt, not help POTUS.

The unintended consequences:

1. Raising the minimum wage changes the ratio between those on the bottom of the company and those making higher wages all the way up the company’s employment ladder. Minimum you will have workers who will be upset and that could lead to a slowdown in productivity. Maximum management would have to adjust the wages of all which would force either raising prices or cutting profits.

2. Paying overtime for salary employees brings up the need to set up a new accounting system, as salary employees do not clock in and out. Those on salary have contracts that give them vacations, sick days and other perks. Sorting out the logistics of redesigning the accounting department to make this work which includes verifying their working hours must be added to the actual cost of the overtime and force higher costs on the company. If they can sell their wares or services then this would start pushing up inflation in the country.

Inflation is not a desired outcome but the opposite of the inflation is the cutting of jobs to keep costs and prices in line. Neither of these is what the President should be pushing for, EXCEPT, if you think these artificial increases gives the President more votes! I believe it is too late for the President to go to business school but playing politics with our private industries, our work force and our economy is unbelievable. I would expect that by this time in his life he would understand "there is no such thing as a free lunch"


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: 2014election; 2016election; election2014; election2016

1 posted on 03/15/2014 1:28:19 PM PDT by Kaslin
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To: Kaslin

He could use a crash course in Ethics, too.


2 posted on 03/15/2014 1:36:21 PM PDT by FrdmLvr ("WE ARE ALL OSAMA, 0BAMA!" al-Qaeda terrorists who breached the American compound in Benghazi)
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To: Kaslin
I would expect that by this time in his life he would understand "there is no such thing as a free lunch."

Actually, he hasn't come to this understanding yet, because he is a clod. He has ZERO experience in profit-making ventures, and is incapable of understanding any model other than one wherein he consumes, for his political benefit, the production of others far more talented than himself.
3 posted on 03/15/2014 1:37:29 PM PDT by Milton Miteybad (I am Jim Thompson. {Really.})
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To: Kaslin

Zer0 does not need to go to business night school..... He is doing just fine destroying our wealth. After all that’s his job as first Marxist president.

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
Vladimir Lenin

“The goal of socialism is communism.”
Vladimir Lenin


4 posted on 03/15/2014 1:37:56 PM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Vaquero

Well put.


5 posted on 03/15/2014 1:40:40 PM PDT by Kackikat
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To: Kaslin

Roger, he’s a COMMUNIST. Commies believe in fairy tales like “Marxian economics” and are hence immune to facts, logic, and empirical evidence.

Besides, his true mission is to destroy the United States, not make us safe, prosperous, and happy.

You really ought to understand that by now.


6 posted on 03/15/2014 1:43:42 PM PDT by ProtectOurFreedom
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To: Kaslin; All

Sorry, Mr. Schlesinger, but bus. School wouldn’t have done zip good for the Mahdi, a lifelong subhuman Islamocommunist, who bitterly hates America, Americans, and every good thing America stands for.


7 posted on 03/15/2014 1:44:51 PM PDT by libstripper
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To: Kaslin; All

It would be more practical to send professors to golf course. /sarc


8 posted on 03/15/2014 1:50:08 PM PDT by Amendment10
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To: Kaslin

This author assumes he’s here to save America, and not destroy it, which is the real goal.


9 posted on 03/15/2014 1:51:32 PM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: Milton Miteybad

“Actually, he hasn’t come to this understanding yet...”

The Bamster couldn’t manage the night shift at a 7-11.


10 posted on 03/15/2014 1:52:14 PM PDT by Avid Coug
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To: Kaslin
School isn't the solution, it's the problem. The kind of schooling is immaterial.

In 0bama's [putative] mind, there's no difference between pictures and words you see in a book, and reality. When these don't match, he doesn't adjust his worldview to conform to objective facts, he simply accepts increasingly delusional defense mechanisms to protect himself from the truth.

That's the nature of mental illness. That's the nature of liberalism. But I repeat myself.

What 0bama should have been forced to do, what all "public servants" should be forced to do, is have a few years of experience working in a non-academic, non-government, non-government-grant related job as a condition for eligibility to hold office.

Not more schooling.

More reality.

11 posted on 03/15/2014 1:53:33 PM PDT by FredZarguna (Das ist nicht nur nicht richtig, es ist nicht einmal falsch!)
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To: Kaslin

It’s clear Obamao has NO UNDERSTANDING OF BASIC ECONOMICS.

It’s truly embarrasing that the POTUS doesn’t even understand ANY of these concepts taught in any Econ 101 class:

-the “Law of Supply & Demand”
-the Laffer Curve
-the Profit Incentive


12 posted on 03/15/2014 2:27:23 PM PDT by AlanGreenSpam (Obama: The First 'American IDOL' President - sponsored by Chicago NeoCom Thugs)
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To: Milton Miteybad
I would expect that by this time in his life he would understand "there is no such thing as a free lunch."

He thinks that he is the free lunch.

13 posted on 03/15/2014 2:27:54 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Don Corleone

Odumbo needs to “graduate” from kindergarten first. Once he has worked his way through the rest of the grades, perhaps, just perhaps he will have learned SOMETHING. Right now it seems he could care less while being our first ever “dictator”.


14 posted on 03/15/2014 2:30:55 PM PDT by DaveA37
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To: Progov

The US is not enough, 0 wants to destroy a night school too!?


15 posted on 03/15/2014 2:35:59 PM PDT by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: Don Corleone
He thinks that he is the free lunch.

Possibly, although people who actually pay taxes will probably disagree. However, most Obama supporters, being free of such mundane considerations as taxes, might concur.
16 posted on 03/15/2014 2:43:21 PM PDT by Milton Miteybad (I am Jim Thompson. {Really.})
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To: Kaslin
Obama Should Go To Business Night School

fixed it

17 posted on 03/15/2014 2:48:40 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: Vaquero
Fiscal policy of ever increasing budget, with deficit and accumulated debt, is fulfillment of the Marx-Lenin communist strategy.

~ General MacArther in his book 'Reminiscenes'

18 posted on 03/15/2014 3:02:36 PM PDT by QT3.14
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To: Kaslin

Clown Prince nobama should go to...prison.


19 posted on 03/15/2014 3:29:17 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: Kaslin
Obama Should Go to Business Night School PERIOD!
20 posted on 03/15/2014 3:36:09 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: smokingfrog

Dang!

Ya beat me to it again!


21 posted on 03/15/2014 3:37:20 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie
BTTT
22 posted on 03/15/2014 3:43:16 PM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin

I believe Soros’ puppet hand understands precisely.


23 posted on 03/15/2014 4:10:28 PM PDT by polymuser
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To: Kaslin

He could go to night school to become a half-wit?


24 posted on 03/15/2014 4:14:52 PM PDT by bobo1 (progressives=commies/fascists)
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To: Kaslin

He needs to go back and take an eight grade basic math.


25 posted on 03/15/2014 4:36:46 PM PDT by piroque ("In times of universal deceit, telling the truth becomes a revolutionary act")
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To: FrdmLvr
It's easier to teach goats to surf than for obama to learn how a lemonaide stand works....


26 posted on 03/15/2014 11:15:36 PM PDT by spokeshave (OMG.......Schadenfreude overload is not covered under Obamacare :-()
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To: Kaslin
I would have told him that it was pretty obvious he was going to be running this country in his later years,

Based on what? His Chooming?

27 posted on 03/16/2014 6:59:04 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Kaslin

IF I ran a business which had a number of contracted salaried employees, I would void all of the contracts, and blame the ‘Obama rules’.

I cannot do what the contract says & do what Obama rules say at the same time.

The perks of taking time off without being docked would disappear.

Requiring all employees to clock in would magically appear—by Monday morning hence.

FREE parking might also disappear. In case you think that you can always park for free on company property, think again.

Universal Studios—MCA—has charged employees for parking for years. I worked there from 1971 to 1975 & I paid $2.50 a week—while making about $8 an hour. I really pissed them off when I challenged charging me that parking fee when I was on VACATION. I got it removed on our vacation checks. BTW- we didn’t have assigned parking-—everything was first come, first served on most of the lot. Only the executives & stars got labeled parking.

Doesn’t sound like a big deal? There were always about 7,000 employees on the Universal property per week in those days. A 2 week vacation check deducted $5 for ‘parking’. That amounts to $35,000 extra money to the company for every 2 week vacation. More for the 3 & 4 week vacationers.

Other perks would also disappear. Lots of companies have a ‘birthday’ day once a month to celebrate everybody’s birthday in that month. Others put out free coffee- hot chocolate & tea. There are a lot of items that many companies provide which can disappear.

Obama doesn’t have a clue about what happens with his ‘rules’....but he knows darn well he is creating chaos.


28 posted on 03/16/2014 7:23:02 AM PDT by ridesthemiles
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To: spokeshave

My goats HATE water!


29 posted on 03/16/2014 2:13:19 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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