Income disparity during snow days

snow day in ohio

I heard the blizzard warnings last night on the television and immediately thought all the news stations were just salivating at the chance to finally scare the living crap out of us with spun-up winter weather.

Shortly after sun-up this morning, I knew I was wrong. We were getting some real winter weather.

I’m lucky. I don’t have to go into my office to make a living. I just need an Internet connection and a laptop. I can redirect my office phone to my cell phone with a few clicks and log into servers from anywhere I can get WiFi.

But many employees are not as lucky. Many employees who work for retail and fast food places at or near minimum wage are not only expected to show up for work during bad weather, but will probably get their hours cut or fired if they show up late or not at all. In addition, many will also choose to sleep in their cars after their shift today so they won’t be late for work tomorrow morning.

Something to think about on Boxing Day when those of us who are more fortunate are supposed to be mindful of those less fortunate and labor in service for our comfort.

Why every private sector company should want single-payer, Medicare-for-all

Yesterday, I made a call to Verizon Wireless to cancel my MiFi card. At $59.99 per month for unlimited use, it was an expense I could live without. But I won’t be saving that money for long.

In March, I am expecting Anthem BCBS of Ohio to increase my health insurance premiums at least 20%. I still have to find about $100.00 in savings I am paying some other private-sector company to break even with where I am today. I may have to stop eating organic food.

I’m most definitely not buying an iPad Mini.

“Why are you canceling your MiFi service?” the woman on the other end asked me, expecting some service issue she could happily resolve with some equipment upgrade.

“Well, I am fixing to transfer some more wealth to the private insurance company, BCBS, that the good folks at the GOP are saying is my freedom of choice,” I explained. “You know, if we had single-payer, Medicare-for-all, we wouldn’t be having this conversation. Pretty soon, the medical industry will have all the money we might be paying you.”

With incomes being flat and no sign of them rising, us middle-aged, middle-class folk will have to get the money from somewhere to pay for our medical care. The private-sector medical industry doesn’t show any slowing for their appetite for increasing costs.

If you are a private sector company, why are you not supporting single-payer, Medicare-for-all? In ten years when you wonder why your customers have no money, won’t you at least wonder why the medical services industry is the only growth industry?

Something to think about.

This is not a donut

Cosby Show

Cosby Show

Mitt Romney released his final 2011 taxes today and the media are all over it like there is some precious jewel they will uncover. For me, the fact that he has been arrogantly obstinate about not releasing more than two years tells me all I need to know about his character.

I was content with that until Chris Hayes from the UP w/ Chris Hayes Show tweeted something rather pointed this afternoon about Mitt’s tax returns that got me thinking.

I think it’s actually morally condemnable to take “extraordinary” measures to avoid taxes, even if legal. #hashout

I have absolutely no doubt whatsoever that everything on the Romney tax returns is entirely legal. Every deduction, every exemption and every income category complies with the letter of the law. And that is the crux of the issue Hayes was getting at.

Chris is young. He is not a grizzled, hardened small business person — yet — so we can forgive him his moralizing for a moment. But this got me thinking about how Mitt sees the tax code and why it is a peek into his character. For this point to stick, we need to climb into the Wayback Machine to the ’80s and watch a short clip of a Cosby Show episode. This is the one where Claire was invited to be on a panel for a Sunday morning show much like Hayes’ except the pastries were kept in the green room.

It’s a good thing we’ve evolved and let the pastries join us at the table. Let’s watch.

The scene that aligns with Mitt’s behavior and Hayes’ tweet is when Hector say, “This is not a donut!” as he bites hungrily into a chocolate-glazed long john. He is technically correct; a long john is not a donut. But it really IS a donut. You and I would call a long john a donut. So would Claire. And Cliff Huxtable knows damn well that a long john — and even a danish which he eventually bites into — is a donut.

This is what the “morally condemnable” bit is that I think Hayes is referring to. While Mitt’s tax avoidance may be perfectly legal, it is immoral to dance on the letter of the law as you force the spirit of the law to give up the ghost.

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The chicken is a red herring

Yesterday was Chick-fil-A Appreciation Day, which resulted in photos splayed all over the Internet of slack-jawed Oakies, holding up sandwich bags of fresh, blood-splattered carcasses gleaned from the day-long rabbit clubbing frenzy in No Man’s Land.

Some of the red-letter citizens of No Man’s Land America are posted to the right. You may recognize them by their goofy grins and the thumbs up “okey-dokey.”

As the day unfolded, I marveled at the Right’s ability to mobilize their army to march out to their local Chick-fil-A and buy a sack of fat and carbs without reservation. What power, what pull. But in the light of day, fueled by a wee-hours chat with two really smart women on the twitter, I came to realize something: Chick-fil-A really messed this one up.

What the hell, dawg? No, they had a great day. There were lines out the door and down the block!

Settle down and let me explain.

Chick-fil-A may have sold a lot of sandwiches yesterday, but thanks to the meddling of Mike Huckabee, they don’t know why. When Cathy spouted off in his interview about one-man, one-woman Biblical family definition, blah, blah, blah, the issue had clarity. If you supported Chick-fil-A, you also supported their beliefs. If you boycotted, you didn’t. If you were oblivious, you probably just liked their chicken sandwiches. When Huckabee got involved, he threw the issue kattywhompass by encouraging people to support a great small business, to boycott the boycott, to show that the voice of the American people could not be silenced by a bunch of left-leaning, commie weenies.

Alrighty, then. So now we have some people going to Chick-fil-A because they are lemming drones with GOP knee-jerk marching orders vaguely based on some goofy understanding of the First Amendment, some people showing up because they support Cathy’s version of family, some people out of pure hatred for gay people and some people who were just caught up in the fracas going to their lunch place.

In their frenzy to stick it to the Left, the Conservatives left yet one more organization in shambles trying to figure out what just happened, proving once again they can win an issue, but can’t govern or manage. The chicken for these cultural locusts was just one more pest to club on their way to solving a problem they have not defined or thought through. If Chick-fil-A thought they had an ally on the Right, they are probably wrong. The Right is on to club the next thing in their way. After all, there is an election on the horizon.

Chick-fil-A had a great day yesterday, but they don’t know what to do today. They know less about why people eat at Chick-fil-A today than they thought they knew the day before yesterday.

A calculation almost every American man over fifty has made in his head

There is one calculation that almost every American man over fifty* has made in his head that he will almost never admit to. The ones who have made it more than once and many times a year are the ones who have families and responsibilities who now find themselves at the scary end of a medical diagnosis and/or the threat or reality of unemployment.

That calculation is:

Am I worth more dead than alive?

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The columns and totals never really see a piece of paper, but they are nonetheless very real.

In the assets column:
That term life insurance that has five more years before it expires and has no value: $250,000.00; Cash in the bank: $50,000.00; That 401(k) I started too late; $30,000.00; Stocks and bonds I randomly bought; $35,000.00; House equity, assuming it can actually be sold in this economy: $100,000.00… and on through the value of furniture, cars and power tools in the garage.

In the liabilities column:
I just got fired, so my unemployment is only $481.00 a week but bills with mortgage and food is $2,100 a month, losing $200.00 a month… I’ll soon lose my health insurance and COBRA is a $900.00 set back per month making that $1,100.00 a month just standing still… if I am unemployed for more than six months, that will be about $10,000.00 gone from the bank account, making the past couple years of savings a waste of time… chances are, I will be unemployed for the rest of my life in this economy, so that will just stretch on, losing my family $20,000.00 a year with me being alive. I will lose my health coverage in less than a year and a half… That is a lot of cash, and that life insurance policy just inched its way to being one year less valuable with no employment in sight…

I just got diagnosed with a pretty serious health condition that will make it difficult for me to work. I will soon be out of a job as my employer will get tired of me calling in sick all the time… I will lose my health care coverage.. if I go into the hospital, that will cost about $8,000.00 a day, depleting my cash in about a week… the mortgage is due in a week… the last tuition bill is due in a couple months… and on and on down to how much dog food is left and how much that will cost to replenish…

If I die today, my family will be ok. If I die in a year or two, my family will be bankrupt, penniless and possibly homeless.

Sure, the kids will say that I am worth more to them alive than dead, regardless of how much money I have. Yeah, “I love you even if you are broke,” “you bring joy to others around you” and “life is not always about money” are things I expect to hear from friends and family.

But I know they are not true. Not really.

Our culture rewards those who are healthy and able to work and shuns those who have fallen on hard times. It guts the sick, dying and unemployed quickly in order to salvage what it can before the corpse begins to rot. It knows the time value of money.

Men know it too. We have made those calculations in our head at every turn throughout our lives. When we buy a house, we calculate how long we’ll have to be employed at this job to pay the mortgage in full. When we have kids, we calculate what we’ll have to earn and sock away to pay for the birthday parties, soccer practice, bicycles, cars and college tuition even as we watch them laugh and dance as if they haven’t a care in the world; even as we laugh and dance with them. We worry our backs and minds will give out before we are able to deliver them into adulthood and breath a sigh of relief when we no longer have to be concerned they won’t have enough to eat.

When we get to about fifty, we eventually make the ultimate calculation. We arrive at a break-even, whether anyone wants us to or not; whether we admit it or not.

The only thing we fear more than getting it wrong is losing the ability to execute if we ever needed to.

*With the exception of highly-paid politicians or the super-rich who never have to worry about health care. For clarification, this isn’t me. I’m fine and gainfully employed at my own company despite my best efforts at getting my boss to fire me 🙂 This is a persona of a 50+ year old man who had a “good job” for most of his life.

Two questions we should ask Mitt Romney

Last night, Mitt Romney conducted some hastily-organized interviews with the major networks in part to respond to the deluge of attacks by Barack Obama about his role at Bain Capital. He did not do very well because I think he was confused by the lack of understanding of corporate governance the reporters exhibited in their questions.

Ironically, as the GOP pushes to slash education budgets, more and more Americans are learning less and less about how business works. Most kids are now being trained to go to work, punch a clock and expect money for work. They don’t understand the difference between passive and active income, an executive vs a shareholder position in a corporation or the relationship of a board member to a CEO. All they know now is you are either the boss or you isn’t.

Oops. I’ll bet Mitt did not see that coming. If he had, his explanations would make as much sense to the nails ladies and the dogs walkers as they do to the 1%-ers. In short, he would not be in this pickle.

As someone who holds annual shareholder meetings with the shareholders (me) and my board (me) and my CEO (me) I understand the nuance. Is it silly? Absolutely. I should not have to generate meeting minutes where the Secretary (me) takes role call of all the directors (me) and also calls for a vote on mundane things and seconds them (me and me.) But, the letter of the law and my corporate charter is very specific so we (me) do it.

But we should really move on and away from all this legal crap and into some questions everyone understands.

Question One:
If you resigned as CEO, who specifically was then in charge? What was the organizational chart? Please name the names of who reported to whom. Will you release the Board of Directors meeting minutes that show these votes?

Question Two:
We will accept at face value that you resigned from Bain Captial in 1999. Since then, you have led the Olympics — a non profit — and were governor of Massachusetts, a public-sector job. Since being governor, you have been running for President of the United States. That is a thirteen year gap in your private-sector, for-profit business experience résumé. Please explain how this is not like a typical stay-at-home mom who may have left an executive career to raise her kids and is now trying to re-enter the workforce?

That should do it. Just two questions.

Which news organization is going to take me up on this?

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What does it mean to own something?

I passed this sign on the way through the Village of North Clayton on our way to the “dog park” yesterday and it made me pause. Firstly, because it wasn’t there yesterday so that probably means the economy is starting to move (we’ll lose our dogpark when it does) but also, because the lot is in one of those “planned villages.”

The dirty little secret about these planned villages is when someone buys a lot and builds a building, the developer still owns the property. The structure is on private property even though it looks like a public street. No First Amendment protections, endless association fees and in this case, every business not only pays rent, but a percentage of its sales.

In dog-speak, owning something now means a leash.

Dern ye, ya shoulda taken d’pie

When I was fifteen, I worked as a cook for The Viking Village Smorgasbord on Snelling Ave in St. Paul, MN. It’s not there anymore and someone long ago turned the building into a furniture store. A few decades have passed since I last clocked in, but a few stories stick vividly in my brain as if they happened only yesterday.

In “The Cities,” as we were wont to say, we prided ourselves on being urbane, but we were surrounded by the State of Minnesota that had its share of dirt farmers. On this particular weeknight, a farm couple wandered in for dinner. He was wearing his best overalls and she, her best go-to-church Sunday dress. Neither had very many teeth, their faces were ruddy with sun and wind and their hands gnarled from years of manual farm work. They held all the cash they were going to spend in The Cities in their hands. Maybe it was all they had left, maybe all they started out with or everything they planned on spending but you could tell it wasn’t much.

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