Some would like to open the Hyde Park train station for weekend tourists. The catch word is 'Whistle Stop'.
I'm a big Charlie Rose fan; I learn more watching interviews there than from any other news source.
A couple of nights ago he was interviewing the chairman of Sprint who told him that the cell phone industry was about to join the small circle of trillion dollar industries. There are now four of them. They are: food, auto, military and tourism. Who'd have thunk that the world wide budget for tourism was right up there with those big players.
Retail and manufacturing, the industries that everybody wants here, aren't even on that list and, for many, tourism is written off. I suspect that is because tourism may be perceived as ethereal and low paying. It may also be that historical tourism has little meaning to those whose focus is more earthy. Whatever. What it has to mean to us is that there is a bigger opportunity for Hyde Park than we may have realized.
Sunday, September 13, 2009
Sunday, August 30, 2009
Land Use Restrictions
In the short run, it can be argued that land use restrictions inhibit economic development. But, eventually, the cumulative impacts of unrestricted land use will be highly visible and the opposite argument can be made. Locales where the land has been protected from the perils of flooding, lack of aquifer recharge and general environmental degradation will become more valuable than those areas not so protected. Where would you prefer to live? It should also not be forgotten that history is full of examples where short run benefits left states and countries permanently degraded as a result of the plundering of environmental resources.
Wednesday, August 19, 2009
What is driving the noise about healthcare
In the public discourse on healthcare we tend to focus on the words and not the underlying emotions. This is a mistake.
Transcendent to the healthcare discussion are two driving forces. The first is fear derived from the current very real experience or at least the anticipation of loss of job, loss of retirement savings and value of home. Add to this the diminution of power of the traditional white Christian society and you will see a populace ripe for manipulation by demagogic influences.
The second force is the loss of civility in public discourse. This may have occurred when fear of authority quietly dissolved into history. While beyond the memory of most, there once was a time when respect for authority was the norm. The reason for that was because those in power were not reluctant to wield their power and everyone knew it. Looking back at some of that behavior it seems crude by today’s standards. Never the less, the exercise of power does create order and stability.
What is needed is some balance between the individual and the authority of those representative of the larger community – especially when individuals act with impunity towards it. Likely this will not happen as a result of observations such as this but, instead, will occur when the discord gets to such a level that it impairs any action at all. Then there will be a clamor for order and the cycle will reverse.
Transcendent to the healthcare discussion are two driving forces. The first is fear derived from the current very real experience or at least the anticipation of loss of job, loss of retirement savings and value of home. Add to this the diminution of power of the traditional white Christian society and you will see a populace ripe for manipulation by demagogic influences.
The second force is the loss of civility in public discourse. This may have occurred when fear of authority quietly dissolved into history. While beyond the memory of most, there once was a time when respect for authority was the norm. The reason for that was because those in power were not reluctant to wield their power and everyone knew it. Looking back at some of that behavior it seems crude by today’s standards. Never the less, the exercise of power does create order and stability.
What is needed is some balance between the individual and the authority of those representative of the larger community – especially when individuals act with impunity towards it. Likely this will not happen as a result of observations such as this but, instead, will occur when the discord gets to such a level that it impairs any action at all. Then there will be a clamor for order and the cycle will reverse.
Monday, August 17, 2009
The Public Discussion on Healthcare
In the recent public discussion on healthcare the demagogues have taken over. Instead of rational discussion on cost, inclusion and effectiveness we are being detracted by manufactured issues. The two party system is supposed to counter the corruption that comes with the concentration of power. But with inflammatory rhetoric cynically manipulating public fears, it hardly seems to be working out. While the Republican Party hasn’t produced the only demagogic leaders in town it certainly looks that way now with Pallin, Gingrich and others knowingly twisting the provision on living will counseling into “death squads”. These people have certainly lost my trust. And why are the Democrats so bent on including them in bi-partisanship? Compromise is best used when there is an honest difference of opinion – not with people who seemingly are more interested in their own power than the public good.
Thursday, August 13, 2009
Should Congressmen Read Every Bill?
Looking through Google, I see a lot of sentiment supporting the idea that Congressmen should not only read the healthcare bill but should read all of the bills that they pass. I suspect that, even with all of their waking hours devoted to reading bills and even with the staff assisting in their understanding, it might be a physical impossibility. This might be confirmed by checking the bills passed at Thomas.gov.
Could this be resolved by making the laws shorter? Just from my limited experience of writing zoning laws, I would say no. Laws have to be very explicit otherwise they end up as either unenforceable or in court.
If my suspicions are correct, the ideas circulating around that Congressmen should pledge to read all of the bills is just a tactic used by those who oppose the passing of bills they don't like.
What to do about this? The answer seems to me to be that, to handle a lot of information, a lot of people are needed. There would be those who establish the goals and concepts, those who translate that to a structured approach to reach those goals and concepts and, finally, those who construct the detailed text.
After all this is done, there needs to be a structure to verify that everything has been done according to the demands of Congress. It certainly should be Congress that puts it all in motion. For all I know, this is the way that it works. At least I hope it does. If the staff is running the place and Congressmen are negligent (which I'm sure many are), we're in trouble!
Could this be resolved by making the laws shorter? Just from my limited experience of writing zoning laws, I would say no. Laws have to be very explicit otherwise they end up as either unenforceable or in court.
If my suspicions are correct, the ideas circulating around that Congressmen should pledge to read all of the bills is just a tactic used by those who oppose the passing of bills they don't like.
What to do about this? The answer seems to me to be that, to handle a lot of information, a lot of people are needed. There would be those who establish the goals and concepts, those who translate that to a structured approach to reach those goals and concepts and, finally, those who construct the detailed text.
After all this is done, there needs to be a structure to verify that everything has been done according to the demands of Congress. It certainly should be Congress that puts it all in motion. For all I know, this is the way that it works. At least I hope it does. If the staff is running the place and Congressmen are negligent (which I'm sure many are), we're in trouble!
Monday, July 6, 2009
The Government Takes Control of GM
Well, now the government is going to own GM. First the government took control over the banks and now a good chunk of the auto industry. I’m sure that the conservatives will howl about this. We’ll hear a clamor about nationalization and socialism and all of that.
On the other side of the argument is the fact that both banking and automobiles are a very large part of the economy and are intertwined with just about everything. Let them fail, and, for sure, the country, and even the entire world, would be facing a depression or even worse.
IMHO, the solution is not a return to laissez-faire capitalism. Indeed, it is unrestricted capitalism that allowed these entities to grow to the point where their survival threatened the entire economy. These enterprises should have been downsized long ago to have kept this from happening.
In addition, medium size companies always have to be worried about their survival. Medium size companies provide an opportunity for ownership and management to be intertwined. For these companies there is less likelihood for their managements to rob the till for bonuses and golden parachutes and, instead, do what they are supposed to do – manage.
The lessons learned in the Teddy Roosevelt era and then again in the Franklin Roosevelt era have either been forgotten or seemed to belong to history and therefore not considered to be relevant. Beware of calls for ‘reform’.
It is government and only government that can control the economic environment so that individual decision making can produce thriving individual enterprises. Laissez-faire, after all, is just another word for anarchy.
On the other side of the argument is the fact that both banking and automobiles are a very large part of the economy and are intertwined with just about everything. Let them fail, and, for sure, the country, and even the entire world, would be facing a depression or even worse.
IMHO, the solution is not a return to laissez-faire capitalism. Indeed, it is unrestricted capitalism that allowed these entities to grow to the point where their survival threatened the entire economy. These enterprises should have been downsized long ago to have kept this from happening.
In addition, medium size companies always have to be worried about their survival. Medium size companies provide an opportunity for ownership and management to be intertwined. For these companies there is less likelihood for their managements to rob the till for bonuses and golden parachutes and, instead, do what they are supposed to do – manage.
The lessons learned in the Teddy Roosevelt era and then again in the Franklin Roosevelt era have either been forgotten or seemed to belong to history and therefore not considered to be relevant. Beware of calls for ‘reform’.
It is government and only government that can control the economic environment so that individual decision making can produce thriving individual enterprises. Laissez-faire, after all, is just another word for anarchy.
Saturday, July 4, 2009
Health Care -- Public or private is the wrong question
The country is now immersed in a great debate over the health care delivery system with the main focus being whether that system should be paid for through private insurance or through public insurance.
This is the wrong focus and, regardless of the outcome, health care cost will not be contained.
There are three fundamental health care cost factors that are not receiving the nation’s full attention.
The most important of these is in the area of terminal illnesses. Terminal illness, put bluntly, means death and very few are willing to come to terms with that. The basic reason is that, while most everyone believes in a life after death, few are really confident of that belief. This is well expressed by the old joke that everyone wants to go to heaven but no one wants to go now. The result is a desperate attempt to hold on to life.
That desperation turns to medical technology which merely prolongs the agony without curing the disease. This is extremely costly resulting in the consumption of a large percentage of the nations health care dollars.
The second most important factor is the population’s lack of control over weight. Today, two-thirds of all Americans are either obese or overweight and it is well known that this alone leads to costly chronic disease.
The final factor is that the age demographic is sliding upwards due to the aging of the baby boomers.
The end result is a nation of aged, overweight and desperate people focused solely on themselves unwilling to think in terms of the costs that others must incur. Few politicians are willing to buck this sentiment so the problem will likely worsen until rising health care costs produce a fiscal crisis. At this point health care costs will threaten the provision of Social Security and the rest of the entitlements, the functioning of government itself and even the provision of military security.
This is the wrong focus and, regardless of the outcome, health care cost will not be contained.
There are three fundamental health care cost factors that are not receiving the nation’s full attention.
The most important of these is in the area of terminal illnesses. Terminal illness, put bluntly, means death and very few are willing to come to terms with that. The basic reason is that, while most everyone believes in a life after death, few are really confident of that belief. This is well expressed by the old joke that everyone wants to go to heaven but no one wants to go now. The result is a desperate attempt to hold on to life.
That desperation turns to medical technology which merely prolongs the agony without curing the disease. This is extremely costly resulting in the consumption of a large percentage of the nations health care dollars.
The second most important factor is the population’s lack of control over weight. Today, two-thirds of all Americans are either obese or overweight and it is well known that this alone leads to costly chronic disease.
The final factor is that the age demographic is sliding upwards due to the aging of the baby boomers.
The end result is a nation of aged, overweight and desperate people focused solely on themselves unwilling to think in terms of the costs that others must incur. Few politicians are willing to buck this sentiment so the problem will likely worsen until rising health care costs produce a fiscal crisis. At this point health care costs will threaten the provision of Social Security and the rest of the entitlements, the functioning of government itself and even the provision of military security.
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