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Norman Poltenson is the publisher of The Central New York Business Journal. He founded The Business Journal in 1986, focused on providing business owners and managers the news and information they need to compete. Contact him at npoltenson@cnybj.com
Everyone assumes that health-care costs in America are rising too rapidly.
“On a per-capita basis, health-care spending increased by a factor of six between 1965 and 2005, after adjusting for inflation,” say Jason D. Fodeman and Robert A. Book, co-authors of a Heritage Foundation study entitled “Bending the Curve: What Really Drives Health Care Spending” (February 17, 2010).
Once upon a time, government employment offered workers lower salaries than the private sector, but provided more security and better benefits. Not anymore.
We must eliminate “... government programs shown to be wasteful or ineffective … there will be no sacred cows or pet projects.” — President Barack Obama, weekly address (4/18/09)
According to the U.S. Government Accountability Office, the federal government spent $25 billion in fiscal year 2008 on 69 early education and child-care programs. The best-known program is Head Start, which currently serves approximately 900,000 pre-school children at an annual cost of $7 billion.
The ancient Hebrews called it the angel of death. In English, we call it the grim reaper, symbolized since the 15th century by a skeleton, dressed in black cloak and hood, carrying a large scythe.
The best defense is a good offense. So goes the common thinking. Now ask your doctor, and he/she will reverse the phrase. Before you brand your physician dyslexic, he/she knows that the best offense is a good defense. In order to protect themselves against abusive tort litigation, U.S. doctors invariably order unnecessary tests and procedures to counter the casino malpractice system that encourages jackpot justice.
"BlueStorm can now bring the same enterprise solutions to local companies that we have delivered for over 11 years to clients around the world in industries such as insurance, banking, hospitality, and defense," BlueStorm CEO and President Robert Matson said in a press release.
To say the job market has been slow to recover is a vast understatement. Even though the economy grew for the entire second half of last year — 2.2 percent in the third quarter and 5.9 percent in the fourth quarter — employers have continued to cut jobs and have been reluctant to hire.
The landscape for financing early-stage companies continues to evolve, as does the rest of our economic system. As venture-capital (VC) funds have grown in size over the past decade from the significant influx of money from institutional investors, so has their appetite and need to deploy greater amounts of capital. This sounds like a good thing at first for those of us wanting to raise money for startups.
ACCOUNTING Dee Moerman has joined Daniel T. Dreimiller, CPA, P.C., as senior accountant. Moerman will be responsible for various accounting and income-tax services in all industries served by the firm. She is a certified QuickBooks adviser and has extensive experience with sales and payroll taxes. Prior to joining the firm, Moerman was a senior accountant in the small-business services department with ParenteBeard, LLC. She has 13 years public accounting experience.
Top Ranks Lists The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.
Norman Poltenson is the publisher of The Central New York Business Journal. He founded The Business Journal in 1986, focused on providing business owners and managers the news and information they need to compete.