IF YOU HAVE NOT YET ORDERED YOUR COPIES OF ROADMAP TO PROFITABLE GROWTH ---PLEASE ORDER MY NEW BOOK NOW…Then continue reading THE ENTERPRISE… NOTE: These are ideal gifts for any business person you know…or better yet, for your CLIENTS who will benefit greatly from the book. Ordering links are at the bottom of this newsletter. (FOR QUANTITY DISCOUNTS, CONTACT ME DIRECTLY.)
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IN CASE YOU MISSED IT--THE GREATEST RECENT COMMERCIAL: "GOD MADE A FARMER" (Paul Harvey's words and narration)… The farmer was the backbone of America for most of the early 20th Century when America became great. We could all learn from that. Watch this for 2 minutes and see! http://www.youtube.com/watch?v=AMpZ0TGjbWE
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A VERY DIFFERENT ANALYSIS THAN YOU GET FROM THE WHITE HOUSE OR THE MAINSTREAM MEDIA John Boehner is "dumb like a fox." Obama struts his stuff, but we'll see in the end how he comes out. http://www.forbes.com/sites/ralphbenko/2013/01/28/how-president-obama-lost-his-shirt-to-john-boehner/#comment_reply
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CHECK OUT MY POST ON THEBRENNERBRIEF.COM ON THE VERY TOPIC OF "WHAT GOES AROUND, COMES AROUND." http://thebrennerbrief.com/2013/02/06/the-karma-of-supporting-barack-obama/
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I HAVE BEEN WARNING ABOUT CYBER-ATTACKS FOR 12 YEARS…NOW THEY ARE HERE And now two of the US leading news media are the victims…maybe someone will pay attention? http://www.policymic.com/mobile/articles/24908/cyber-attacks-will-be-the-greatest-national-security-threat-in-the-21st-century
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IF YOU WANT TO LEARN MORE ABOUT CYBER-THREATS, AND ENJOY A "GRIPPING STORY"--GET MY NOVEL: THE CHINESE CONSPIRACY (ALSO AVAILABLE ON AMAZON.COM)
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WHY BOTHER TO WORK? YOU JUST LOSE YOUR WELFARE IF YOU EARN MORE MONEY! Arthur Laffer's column in the WSJ Saturday, raised the core issue about America's "Dependency Status." Rather than do a long introduction, I will simply paste an excerpt from his thoughtful Op Ed piece: "….The first step is to consider the role played by disincentives, whether they are disincentives to work because government benefits fall away as income rises, or disincentives that make employers reluctant to hire entry-level workers likely to come from the ranks of the young unemployed. More than three decades ago, I began enumerating a myriad of government "needs tested" programs that diminished welfare benefits as their recipients earned more income. The loss of government benefits made earning more income less attractive to many low-income families, an effect similar to that of raising marginal tax rates. In the intervening years, alas, very little has changed. Gary Alexander, secretary of public welfare for the State of Pennsylvania, made that quite clear in a July presentation to the American Enterprise Institute entitled "Welfare's Failure and the Solution," an analysis of the welfare benefits plus wages of a single mother of two young children living in Pennsylvania. Mr. Alexander reports that a single mother of two in the Keystone State earning no wages will obtain welfare benefits—such as food stamps, child care and Medicaid services—worth more than $45,000 annually. If the woman begins earning wages, her total annual income, including the value of her welfare benefits, will rise as well—up to about $9,000 in wages. But the next $5,000 in wages will not increase her total income, because she will lose some Medicaid and other benefits. In short, she faces the equivalent of a 100% marginal tax. From about $14,000 to $29,000 of gross wages, she will also lose government benefits such that her total annual income will rise only about $5,000—an effective marginal tax rate of 67%. At $29,000 of wages, the woman will realize a little less than $57,000 in net income plus benefits. Once she earns more than $29,000 in wages her housing subsidies and food subsidies drop way down. With wages above $43,000, her child-care subsidies disappear, and once her wages top $57,000 her family will no longer qualify for the Children's Health Insurance Program. What this means is that her total income—welfare benefits plus wages, minus taxes—won't reach $57,000 until her gross wage income rises to $69,000. In other words, the money earned by her between $29,000 and $69,000 faces a marginal tax rate, on average, of 100%. She receives no net benefit from her labor. Now if that doesn't motivate you to get up and go to work, I don't know what will. This example is particular to a single mother in Pennsylvania with two children, but the principles apply generally across the country. People with low incomes who receive various forms of welfare subsidies in any number of states—with and without children, whether married or not—face enormous disincentives in trying to improve their lives by working. And these barriers to self-improvement through work have been rising over time."
-------------------------IF YOU FIND THAT SHOCKING, THEN YOU NOW UNDERSTAND WHY SO MANY PEOPLE ARE DROPPING OUT OF THE WORKFORCE IN AMERICA THESE DAYS. WHY WORK WHEN THE GOVERNMENT WILL TAKE MONEY FROM PEOPLE WHO DO WORK AND "GIVE IT TO YOU" FOR DOING ABSOLUTELY NOTHING?
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I DON'T ALWAYS AGREE WITH THOMAS FRIEDMAN…BUT IN THIS CASE, HE'S GOT IT RIGHT! That's why I wrote Roadmap To Profitable Growth…to help…
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A VERY INTERESTING OP-ED PIECE OF HIS IS POSTED BELOW: Have a wonderful month and for those in the East, stay in, stay warm, and hope the snow melts fast. Best, JOHN
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************************************* "The little book that could help save the US economy." New Book: ROADMAP TO PROFITABLE GROWTH… GET IT NOW! http://www.amazon.com/Roadmap-Profitable-Growth-John-Mariotti/dp/1479125083/ref=sr_1_1?s=books&ie=UTF8&qid=1357746104&sr=1-1&keywords=Roadmap+to+Profitable+Growth and Kindle edition: http://www.amazon.com/Roadmap-To-Profitable-Growth-ebook/dp/B00B6BUL4W/ref=sr_1_2?s=books&ie=UTF8&qid=1359262289&sr=1-2&keywords=roadmap+to+profitable+growth Author of the Award Winner: THE COMPLEXITY CRISIS, the exciting novel: THE CHINESE CONSPIRACY, and co-author of HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency John L. Mariotti, President & CEO, The Enterprise Group, http://www.mariotti.net, http://mariotti.blogs.com/my_weblog/
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