Blog

Let's Talk Economics

Let's Talk Economics

So what do I bring to the table these days? Reality, first of all, but you will need to focus and listen to truly understand my messages. I speak because at the end of the day nobody ever spoke to me, or then again maybe I just wasn't willing to listen. So today I give back by sharing my gift with you and offering these few words.

When a corporation loses a hundred cents of every dollar it loses, and is permitted to keep only 60 cents of every dollar it gains, and when it cannot offset its years of losses against its years of gains, or cannot do so adequately, its policies are affected. It does not expand its operations, or it expands only those attended with a minimum of risk...

There is a similar effect when personal incomes are taxed 50, 60, 75 and 90 per cent. People begin to ask themselves why they should work six, eight or ten months of the entire year for the government, and only six, four or two months for themselves and their families. If they lose, but can keep only a dime of it when they win, they decide that it is foolish to take risks with their capital. In addition, the capital available for risk-taking itself shrinks enormously. It is being taxed away before it can be accumulated. In brief, capital to provide new private jobs is first prevented from coming into existence, and the part that does come into existence is then discouraged from starting new enterprises. The government spenders create the very problem of unemployment that they profess to solve.

by: Henry Hazlitt in "Economics in one Lesson" 1946

This is just a side note from me to you to show why it's important to seek a career in entrepreneurialism...before I go I ask that you take a moment to reflex on the message and I leave you as always with these few words of wisdom to live by:

On Authenticity:

Decide what it is that you are and then stay true to that thing. My Brand is based very much on how I live my day-to-day life.
-Rachel Ray

On Investing:

Let money work for you, and you have the most devoted servant in the world...It works night and day, and in wet or dry weather.
-P.T. Barnum

On Risk:

Either you decide to stay in the shallow end of the pool or you go out in the ocean.
-Christopher Reeve

On Worth:

The minute you settle for less than you deserve, you get even less than you settled for.
-Maureen Dowd