Getting it Right - Welcome

The goal of this blog is to publish my thoughts on a variety of economic and political topics in the hopes that people who find them educational or beneficial will utilize them and/or forward to others who might find them interesting and/or worthwhile to promote to others, possibly including politicians who can push some of these ideas to fruition. The topics in my blog are meant to be of value on a long term basis, not a daily diary or political issue of the day log. If the information posted is useful to you, by all means utilize it and/or forward it as you see fit. If not useful, then merely ignore it. There are no universally agreed upon truisms and too little tolerance between some of those with opposing viewpoints to successfully convince the people with hardened opinions to move away from them. I am an analytical type person who will try to be as factual as I am able.

I disdain the current popularity of name calling and condemnation of viewpoints with no factual alternatives or logical solutions given that I see so often. If you don't have a solution based on fact and logic, then opt out of the discussion because you have nothing to contribute. My background is a degree in Economics from the University of Michigan and 39 years working in middle management jobs for a major retailer. My opinions are forged on the personal experence of life, family, friends, and work as well as triumphs and mistakes that I have made and hopefully learned from. My hope is that this blog helps you.

My first topic will be about personal finance. I chose that one first because most of us work long and hard just to survive but not all of us realize our dreams of becoming financially independent from the labors of our work. Much of our political votes/thinking also focus on the economy and in particular how well we are personally doing financially.

It is relatively simple, without sacrificing the enjoyment of living for 'today' and even at moderate incomes, to retire as a millionaire or multi-millionaire, if you focus on that goal consistently from a young age. It is also simple to ensure that your child or grandchild retires rich. It merely requires a one time gift of just $2,000 invested wisely and the passage of time. Please read my first post on this blog to learn more.


An index/schedule of past and future posts and their dates will always be updated so that it becomes the first post that you see below. If the date of a post that you wish to read is preceded by the word "Posted", then find it below or click on the title in the Blog archive to review.

Blog Archive

Friday, June 21, 2019

Black Reparations for Slavery


Simple question - does this help or hurt Blacks. Obvious answer - this hurts Blacks by giving them something that they never personally earned, thus reducing their motivation to succeed. There is no secret to success in America. You study hard in school and you work hard at your job. Those that do in this day and age are usually successful no matter what their color; those that don't are usually failures. Black performance in our public schools is dismal compared to other races despite the fact that many of those schools get as much as $20,000 a year per student or double the national average. So just throwing money at the problem hasn't worked. So let's address the real problem for people of any color - single parent households. Single parent households on average are much poorer than married parent households and are the engine of poverty and crime. This should not be a surprise. Married households have the potential for twice the number of working parents and baby sitters. What has happened since the introduction of the 1960s Great Society welfare programs? Back then 3 out of 4 Black babies were born to married households. Now, 3 out of Black babies (and 1 out of 4 White babies) are born to single parent households. What should we do about that and the cycle of failure it has been producing? First, without preaching morality “sermons”, add Economics courses to public schools which include income demographics facts about single and married households. Second, for by design single parent households, name the father before collecting welfare benefits and seek support from that father (require DNA proof to make sure the right person has been identified as the father). Third, only promote students to the next grade if they actually passed. No more "social promotions" for failed students so as not to embarrass them. Give them summer school and also after school programs to help them pass, but if that fails, let them repeat the grade. Finally, if a student fails a grade level for a second time in that or any other grade, bring the parents to Family Court to determine if the child is in a hostile of otherwise failed household and needs to be removed for their own good. Again, never ever an automatic child removal from the household, - let the judge review and decide what is really happening and what needs to be done.

No comments: