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, September 20, 2019

People Are All the Same Race


Though it won't happen in my lifetime, we need to stop dividing the one and only race that all people belong to, the human race, into phony “race” subsets by “color” such as White, Black, Brown, Yellow, Red, whatever. Science has proven that we are all one and the same “species”. Our blood and organs are interchangeable. We therefore are all one “race”.
As an analogy, take horses. They come in almost the same colors that humans do - Black, White, Brown, Blond, and multi-colors. Do we divide horses into different subsets of horses by color? Of course not!! We call all of them horses. Same principle holds for people.

Saturday, September 7, 2019

Federal Budgets – How to Pass One Every Year


The last Federal Budget to be approved occurred in 2009 when Democrats had a super majority in the House and Senate. It only takes 40 Senators from the opposition party to block passage of a budget. So what happens when a budget isn't passed by Congress? Either the government shuts down or Congress passes individual “spending resolutions” by department. What's the difference? Spending resolutions have automatic spending increases built in. There's no real capability to reduce spending where needed and spending increases tend to be generous. Democrats love these; Republicans do not. So why don't Republicans fight for spending decreases in these spending resolutions. Democrats won't agree to spending decreases, except for military spending despite the fact that both Russian and China have been building up their militaries. If Republicans stand firm against these spending resolutions, then there will be a partial government shutdown which everyone hates and for which the fake news media will falsely assign blame to Republicans.


So how do we fix this rigged system of never ending, unaffordable annual spending increases and resulting debt creation and growth? We need a law or better yet a Constitutional Amendment that mandates that in the absence of passage of a single unified Federal budget in any given year, until such passage occurs, the new year's budget will default to last year's budget minus 10%. By now rigging the system to decrease spending if no budget agreement is reached instead of the other way around, that should be sufficient motivation for both political parties to actually compromise each year to make the tough decisions of where to cut spending and where to increase it.