Friday, May 29, 2009

World Needing Trade-Offs, Not absolutes

Who wouldn't love President Obama and his family? Absolutely lovely people. So refreshing in their personalities, obvious intelligence and photogenicity. I mean it. I would have loved Barack as a professor, a neighbor or a major news media personality. Absolutely! But while we all are struggling with this recession; and we all want help; just keep in mind that there are no free lunches -- well, for some there are free lunches and deservedly so. It is the primary role of government to be a safety net for those who cannot fend for themselves (along with national security). The federal government cannot bail-out every failing enterprise -- nor should it.
The federal goverment should not own all major businesses -- and would screw them up if they did. The federal goverment cannot offer free education, free healthcare, free job security, no bankruptcies, social security, medicare, medicaid, win the war in Afganistan (and give away our progress in Iraq), control private sector compensation, tax estate heavily and destroy entrepreneurial incentives without destroying our society and our country. We all make trade-offs. Do we bail-out Chrysler, but not GM? Do we support maintaining union pay-rates or allow the market to determine what compensation the industry can afford? Do we save social security, but let medicare go down the tubes? Do we create a national healthcare system (without forcing competition among suppliers) without a way to pay for it? It appears that millions of people are thrilled with Obama and the pack of Democrats fixing everything for us. If they could do it, I would be all for it, but they absolutely can't. The market will fix its ills.
Bad business models will fail. Inferior products won't sell. Great products that are priced too high will not sell. Banks that continue to make bad loans will go out of business. That means that well-run organizations will succeed, make huge profits, employ millions of people and help them realize the American Dream. Don't be fooled by government promises to fix everything. If you are a highly successful mega-agent and you sell $20, then $40, then $50 million in properties over the next three years, do you want to be taxed so that other, less productive agents can get more of what you earn? I don't think so. Care for the poor and unfortunate. Absolutely! Volunteer. Donate. But don't allow a government to create a culture where success and profit are scourned. Without highly productive people incented to produce more and more, there will be no tax dollars to pay for all the freebies. Believe in capitalism and the fact that the market kills those organizations which do not produce value and reward organizations and individuals who do. Let's keep it that way.
Our product, called BestHomePro, helps consumers make trade-offs between home search features. Everything cannot be equally important. Think about it. Buying a home, a car, choosing a college, etc. requires trade-offs. Don't you think our government should be thinking in this way to protect our future?
For every new program offered by any government - think about what trade-offs will need to be made to pay for it and whether this is a choice YOU would make if left up to you.
Jeff Johnston, CEO
http://www.besthomepro.com
Twitter @JeffPref
http://www.jeffpref.com

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