jj28201's Blog

On one of the New Year's Eve specials, they were asking members of Congress what their goals were for 2009.  I was very surprised with how few of them mentioned the economy in any fashion.  I think they need to work on fixing the economy first.  I think it is clearly the biggest issue facing our country right now, and that seems to be reflected in the vast majority of polls.  But Congress just doesn't seem to get it.

Unfortunately, with the many band-aid bailouts that were passed in 2008, Congress seemed unwilling to even consider the long-term effects of what they were doing.  They didn't provide adequate methods for oversight or regulation of how the bailout money was spent.  And since the money was handed out, there have been a lot of news stories about how some of that money was wasted.  It doesn't seem logical to me that wasting additional taxpayer money will create long-term growth for the economy.

Mitch McConnell, the Republican Minority Leader in the Senate, has been one of the few Congressional representatives who is talking about fixing the economy every chance he gets.  He is making two key points.  The first is that we don't waste any additional tax dollars.  The second point is that any economic stimulus/recovery plan needs to be well thought out.  I strongly agree with both of those points.  We need to make sure that any short-term fix doesn't have major negative long-term consequences.

One of the areas I am most concerned about is the power that President-elect Obama and the large Democratic majority in Congress will have to repay political favors.  Repaying those favors may come at the expense of truly fixing the economy.  For instance, labor unions spent well over $300 million to help elect Obama and strengthen the Democratic majority in Congress.  Now it seems the unions expect to get repaid for their support by having Congress quickly pass the Employee Free Choice Act, also known as the "Card Check" bill.

This bill would take away secret ballot elections in businesses where unions want to organize.  I have no problems with unions when the workers decide on their own to form one.  Especially in business sectors involving dangerous materials or processes, unions can serve a great purpose to protect worker safety.  But it doesn't seem to make any sense to take away the workers' right to decide whether to unionize in a secret ballot election.  Just as people were intimidated and coerced to vote certain ways in political elections in the early days of this country, the same thing would happen to workers who weren't able to keep their votes secret.  It would effectively stifle a lot of the debate because people with dissenting viewpoints would be opening themselves up to retaliation.

Plus, the fear of harassment could lead to "push-button" unions in a lot of businesses that really don't require them - like very small businesses.  Small businesses have always been the driving force of job growth and this bill could stifle them under excessive regulations.  And that would really hurt the long-term prospects for the economy.  I saw that the Friends of the U.S. Chamber of Commerce is working to make sure everyone knows about the potential negative effects of this bill.  I encourage the other readers to sign their petition or directly contact their Congressional representative and ask them to protect worker privacy, fix the economy first, and fix the economy in the right way to ensure long-term growth.  Here's a link to the petition and some more information about the bill - http://friendsoftheuschamber.com/email/email4.cfm?id=1
78

We've all seen amazing stories about lawsuit abuse.  People suing businesses because they spilled a hot drink on themselves, or because they were overweight, or because they didn't exercise common sense when using the products made by the business.  But this week I heard about an example of lawsuit abuse that beats all the rest.  It is one of the most incredible stories I've seen all year.

A couple of Canada geese took up residence outside a small pool maintenance store in Maryland.  The owners of the store tried to get the geese to leave, but their options were limited because of the Migratory Species Act.  The Act makes it illegal to disturb migratory birds, even when they aren't migrating.  So, it was illegal for the store owners to disturb the geese.  And because they weren't being disturbed, the geese stuck around.  Eventually, one of the geese honked at a shopper entering a DIFFERENT store.  The shopper was startled and fell down.  She decided to sue the pool maintenance store for damages, claiming the geese were the responsibility of the store owners.  The lawsuit was for $750,000.

I can't believe that something like that was even accepted by an attorney, much less actually go to trial.  What an incredible waste of the justice system.  Not only did it hurt the pool maintenance store, it wasted everyone's time who had to be involved with the case.  I'm sure that a lot of other cases could have benefited from having a shorter wait for a trial or more access to legal professionals who had to spend their time on this case.  You can see the entire story about the geese here - http://www.friendsoftheuschamber.com/email/email4.cfm?
id=185 .  There's even a video where the owners of the pool maintenance store talk about their experiences.  It is such an incredible story, I don't feel like I've done it justice in words - check out the video to see it for yourself.

It seems like there is more negative economic news every day.  In a recession like this, employers may cut jobs, consolidate offices, not give raises, or ask people to cut their hours/take a voluntary pay cut.  But I was recently reminded that other organizations are trying to use the economic conditions to their benefit.  Labor unions in particular are trying to strengthen their position now because they know that many people are just happy to have a job, so the individuals won't stand up to the unions.

For instance, I've been reading about the "Card Check" plan that some unions are proposing.  Basically, those unions want to take away workers' ability to choose whether or not to join a union through secret ballot elections.  In other words, the union can persuade the workers through unethical means to approve the union's wishes and they will know exactly who votes with them and who votes against them.  That just seems scary to me.  I think unions should be truly optional.  If workers decide that they want one, that's fine.  But if they decide they DON'T want one, that should be fine, too.  And the ballots should be filled out in private, with no way to identify individual votes.  Otherwise, I think workers would have to fear reprisals - like losing their job or harassment - if they don't vote the "right" way.

Unions are gathering a lot of signatures on a petition to get Congress to pass "Card Check".  Unfortunately, Congress seems so preoccupied that they appear to be passing everything, without regard to the long term effects.  I hope "Card Check" doesn't get put in the same category.  That would be disastrous.  Not only for the potential to make workers do what they don't want to do, but this could cause more unwanted unions to form in small businesses.  If that happens, any economic recovery will be slowed or stopped because the small businesses would have less flexibility to react to new opportunities because of restrictive union regulations.  If you are against the "Card Check" initiative like I am, make sure you let Congress know how you feel.  I found a petition online set up by the Friends of the United States Chamber of Commerce that we can sign.  You can go here to make your voice heard, too:
http://www.friendsoftheuschamber.com/takeaction/index.
cfm?ID=78

With Thanksgiving over and Christmas less than a month away, how has the economy directly affected you this year?  What did you do differently and what are you planning on doing differently?

There seem to be a lot of news stories about consumers in general, but I'm interested in individual perspectives.  The news stories have suggested that holiday travel is down for the first time in years, that people are buying fewer gifts for their family, that they are giving gifts to fewer people, that people are not using credit cards to buy gifts, and that they are being more selective about which stores they shop at.  Are any of those things true for you?  Also, it seemed like the parking lots of the restaurants open Thanksgiving day were fairly empty and the crowds out shopping the day after Thanksgiving were quite a bit less than previous years.  Did anyone else notice similar things or were your experiences different?  What other changes have you noticed?

One of the things that got me thinking about this was the Friends of the U.S. Chamber of Commerce website.  They have a poll up about the holidays and they are asking for personal videos about the economic slowdown affecting holiday choices.  The videos will help them know where to focus their efforts.  If you'd like to get your voice heard too, you can vote in the poll on their website and submit your video story on the page page that comes up after you vote.  Here's the link - http://www.friendsoftheuschamber.com/email/email4.cfm?
id=175