The Hubris of Politicians–Part XXI

https://grantcoulson.files.wordpress.com/2014/04/incentiveseverywherepicturecorrect1.jpg?w=444&h=288

    Do not think about, write about or deal with  human behavior without determining the effects of incentives. It’s not their money, of course they’ll waste it.

    After millions of disconfirmations, politicians still believe in themselves. Obama does have a point. He knows something about politics and how to get elected. Not a proud boast, pandering to the hoi polloi.

Obama to Business: I Know How To Run Your Company Better Than You Do
Conn Carroll

White House Press Secretary Josh Earnest said today that President Obama knows how to run small businesses better than small business owners.

Asked what the White House message to small business owners who are concerned Obama’s proposed new mandatory paid sick leave policy could hurt their bottom line, Earnest replied, "I think the president would have a different view which is to say that this is good business and I think there are any number of examples I can site for you where businesses have chosen to put in place these policies and it’s served to reduce the turnover associated with their employees, but also increase their employees productivity."

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   Paying people for not working–that’ll improve morale. Is this another leaf from the social justice book?

In his State of the Union next Tuesday, Obama will call on Congress to pass new legislation mandating that all employers give all employees seven paid sick days a year.

Also on Thursday, Obama also signed a Presidential Memoranda, directing all federal agencies to give federal workers six weeks of paid paternal leave for parents with a new child. Obama’s own Council of Economic Advisers estimates that this policy will cost taxpayers at least $250 million in just the first year.

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     I’ll wager that this Council of Economic Advisors is made up of those who have never met a payroll.


Obama also will call on Congress to pass similar legislation forcing all American companies to offer the same six weeks of paid paternal leave, although the White House did not say how much money this would cost the nation’s employers.

Obama’s humble view of his own skills at running other people’s businesses is perfectly in line with his assessment of his political skills. Obama famously told his speechwriter Patrick Gaspard in 2008, "I think that I’m a better speechwriter than my speechwriters. I know more about policies on any particular issue than my policy directors. And I’ll tell you right now that I’m gonna think I’m a better political director than my political director."

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     When you have the coercive power of government to support you, being correct is not a requirement.

Government Job or Respect–Which’ll It Be?
Cheerio and ttfn,
Grant Coulson, Ph.D.
Author, “Days of Songs and Mirrors: A Jacobite in the ‘45.”
Cui Bono–Cherchez les Contingencies

 

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