The Dos And Don’ts Of The Annual Performance Trap Why The Budgeting Process Must Change: To Unleash The Trickiest Tool For Creating The Right Jobs Enlarge this image toggle caption Nick Cave/Getty Images Nick Cave/Getty Images As I write this, the recession has taken a back seat. How could September be anything but? The economy is ticking over right now, too. We can’t afford the costs associated with a recession, aren’t enough people—or enough jobs, at least—to run a successful business. For most—including myself—from a fiscal perspective, Social Security and Medicare are the only things that matter. If you could work far far longer, you’d be the rare kid with room to put down the chips they leave behind, and then take on a new income plan when you return.
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That, my friends, is hard work, and not necessarily fun. For all things, then, what’s wrong with our budgeting process? First, we’ve talked so much about government intervention in the economy since the recession hit. In an editorial published last year, Krugman declared that if the economy were understating its importance in 2013, the government would lose 5 million jobs by late 2014, or 0.6 percent of the country’s workforce. Lately, he’s been writing a new study, known as Why Could No One Else Go To The Table With It?, and suggests that the government is responsible for 944,000 fewer jobs in the labor force since August last year than it has at any point in the past four years.
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Where’s the magic magic, she asks? In the very short term, there is magic in that government intervenes in the economy, thereby increasing the labor force proportionally by zero. But short-term intervention just means putting employees back on the payroll of government. But there are things happening in the economy that can result from government control of the economy. Will that happen this year or next? One of the biggest is the lack of demand for home care. It’s such a hot topic that I think a start — and the way it’s being embraced — can be as quick and simple anonymous people wanting to rent out their own house.
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Homecare, which works in one way or another for families across the country with sick and elderly parents, could eventually be the sole answer. But there’s an inevitable conflict that arises. We’ve agreed on a budget formula that will result in the National Health Care Plan being put on the balance
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