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President Obama is nearing the most important decision a President has made in modern times regarding the American economy. On or about June 1, he will push General Motors (GM), the nation’s largest industrial company, into bankruptcy. via Why a GM Bankruptcy Would Be a Disaster – BusinessWeek. Let’s be honest, President Obama has put [...] “If it ain’t broke, don’t fix it” You often hear about the perils of sunk costs, but can sunk benefits lead to bad choices too? I can imagine many situations were people would cling to something because it had been beneficial in the past. Maybe that’s why our government is so insistent on [...] |
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Copyright © 2012 Joel E Lewis - All Rights Reserved |
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