Archive for the 'Government' Category

Look for your sustainability letter

This article is about three letters to small businesses.

The first letter was born in the 1950s, when the quality ideas of an American, Edwards Deming, reversed “Made in Japan” from a metaphor for cheap to quality. During the 1980s, after American industry had lost competitiveness with Japan, quality processes like ISO and Six Sigma were adopted and “Made in America” returned to prominence.

By 1990, now with their in-house quality act together, big businesses realized they needed similar commitments from integrated vendors. That’s when small businesses started getting letters from customers requesting evidence of their quality process – or no new contracts.

The seed for the second letter was planted by computer programmers in the 1960s. To conserve expensive data storage, program date codes were written with six digits, as in 121565, for December 15, 1965. They didn’t realize they had created the Y2K ticking time bomb.

Around 1995, experts started worrying that when the clock ticked midnight, January 1, 2000, zillions of lines of date-sensitive computer calculations would fail by going back a century – 010100 would be January 1, 1900 – instead of forward to 2000. Consequently, the codes in millions of programs had to be fixed. And by 1998, small businesses started getting letters from their larger customers requesting evidence of their “Y2K compliance” – or no contracts with eight-digit dates.

The third letter was born in the middle of the 20th century, when we started realizing that the solution to pollution was not dilution. Since then, environmental stewardship has evolved from not polluting to sustainability.

Sustainability means doing more with less, including making waste useful – especially water. It’s the right thing to do, but businesses are also learning that sustainability can be profitable and good for public relations.

The sustainability letter hasn’t been sent yet – but it’s coming. Within the next five years, small businesses should expect to hear from big customers about their sustainability plan. And like the quality and Y2K letters, your first motivation will be to keep a customer.

Start thinking about the resources your business uses, including energy, consumables, production waste – especially water. Establish programs for recycling, reusing, conserving, etc., and document your execution. So when you get that first “Sustainability Letter,” you won’t look like a deer in the headlights.

Sustainability is good business, good public relations and good karma.

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Small Business Advocate Poll: To Keystone or not to Keystone?

The Question:
Construction of the Keystone Pipeline to bring Canadian crude oil to U.S. refineries is being debated in Washington. What do you think?

87% - Yes, it will create jobs and reduce U.S. dependence on foreign oil

9% - No, it could be an environmental nightmare

4% - Uncertain

Jim’s Comments:
Let’s get one thing out of the way first: The United States of America, which consumes more carbon fuel per capita than any other nation on the planet, has NO national energy plan. Not now, not ever, nor is one even being considered.

So, when the Keystone Pipeline - which would bisect the U.S. by carrying Canadian crude oil to Houston, Texas - was proposed, it’s not like it either fit into or violated some kind of a grand plan. But it does push the buttons of a lot of people and create a few strange bedfellows.

  • Environmentalists hate it because: 1) it might break and contaminate the environment; and 2) they don’t like anything that promotes the use of more carbon fuel.
  • Unions like it because: 1) it creates thousands of jobs they hope will be union jobs; and 2) they desperately need more union dues from those jobs.
  • The Obama administration hates it because: 1) they only like green jobs and crude is either black or brown, but never green; and 2) they made the calculation that they can get more votes by ticking off the unions than the environmentalists.
  • The petroleum industry likes it because: 1) they like anything that puts the word “more” in front of “oil”; and 2) it ticks off the environmentalists.
  • The marketplace likes it because: 1) it will create thousands of jobs; and 2) and we desperately need more new jobs.
  • Most members of Congress like it because: 1) it creates jobs and, unlike the Obama administration, they don’t care what color jobs; and 2) they can take credit for creating jobs.

So, that leaves only one U.S. group to poll: small businesses. And when we asked our small business audiences what they thought about the Keystone Pipeline, here’s what we learned.

Almost nine of ten - 87% - said “Yes, the Keystone pipeline will create jobs and reduce U.S. dependence on foreign oil.” Apparently, we don’t think Canadian oil is “foreign.” Less than 10% said, “No, it could be an environmental nightmare,” and the rest were “Uncertain.”

Consequently, if you just do the math, clearly more groups want the Keystone Pipeline than don’t. And since I believe that small business votes should get double weight, the pipeline should be a slam dunk.

But since Barack Obama has that Oval Office thing going for him, which he used last week to reject the pipeline, it looks like the Keystone Pipeline is in trouble. Stay tuned.

Yesterday on my radio program I talked more about why we need the Keystone Pipeline. Take a few minutes to listen or download and leave your thoughts.

Check out more great SBA content HERE!

Take this week’s poll HERE!

Small Business Advocate Poll: Who will be the GOP nominee?

The Question:
Regardless of the political party you belong to, which of these GOP candidates do you think would be the most likely to defeat President Obama?

16% - Newt Gingrich

77% - Mitt Romney

5% - Ron Paul

2% - Rick Santorum

Commentary:
As you may know, over a year ago I predicted that Newt Gingrich would be leading the polls by the end of 2011 among the GOP hopefuls for president. This was not an endorsement; just an instinct. All during the year I took a lot of grief from my political experts about that forecast. But, as you know, my 2011 vision was vindicated.

When it came time to make my 2012 predictions, my gut told me to stick with my original instincts and not underestimate Newt Gingrich. But then my head intervened.

Everyone knows that Obama has the most formidable national re-election organization - and war chest - in the history of America. Then I learned that Mitt Romney has a formidable national campaign organization that can go the distance with Obama and that Gingrich has virtually no national organization and is week-to-week financially. And Romney, it seemed to me, would be the best at coalescing independent voters over to the GOP side of the ballot. Therefore, I went with my head instead of my gut, and predicted Romney would be the 2012 Republican nominee.

My reasoned prediction was in pretty good shape for a while, until a tectonic shift happened in South Carolina on Saturday, where Gingrich accomplished nothing short of a smack-down. He won the state by taking 40% of the vote in the GOP primary to Romney’s 28%. Santorum and Paul split the rest.

Last week, Gingrich had a potentially devastating, roller-coaster week. So when you combine that with the considerable experience and instincts of so many political pundits favoring Romney, plus my prediction and our recent poll results (see below), perhaps at no time since Truman upset Dewey in ‘48 have so many professionals and regular folk exclaimed in national unison, “Whoa! Didn’t see that coming.”

Politically speaking, South Carolina is a long way from Tampa, Florida, where the Republican National Convention will be held in August. Gingrich has proven that his message resonates with conservatives. But he has two huge mountain ranges to climb before he moves into the White House: 1) win over independents; and 2) put together a national organization that can stay with Obama for all four quarters of this Super Bowl of politics.

If you love politics, it doesn’t get any better than this. If you love America, surely the raw beauty of this process is one of the reasons. God bless America.

Today on my radio show I talked with Rich Galen, Publisher of Mullings.com and Republican strategist, about which GOP candidates had the best chance to become the nominee and defeat Obama in November. Take a few minutes to click here and listen to our predictions.

Check out more great SBA content HERE!

Take this week’s poll HERE!

Blasingame’s 12th annual predictions

Here is my 12th annual list of predictions for 2012.

Prediction: U.S. economic growth (GDP) will improve from 1.7% in 2011 to over 2%.

Prediction: Small business optimism - based on the NFIB survey - will improve from recent record lows.

Prediction: Small business growth plans, currently held back by a dam of uncertainty, will break through and set up 2013 as an expansion year. If Obama is reelected, the breakthrough will still happen, but to a lesser degree.

Prediction: Unemployment remains above 8%, due to real estate challenges, anti-business policies and rhetoric, technological advancements and structural unemployment (millions unprepared for 21st century jobs).

Prediction: “Water, water everywhere, nor any drop to drink,” from “Rime of the Ancient Mariner,” by Samuel Taylor Colerage. With millions unemployed, expect reports of skilled jobs going unfilled due to a lack of qualified applicants.

Prediction: The European Central Bank’s (ECB) unprecedented three-year loans to EU banks may prevent a financial melt-down, but not a prolonged European recession.

Prediction: Iraq will prove unworthy of the precious price paid for its self-determination.

Prediction: Iran will hold oil markets hostage against threats to its nuclear plans.

Prediction: Geo-politics (Iran) and election year politics (jobs and trade) will cause Congressional Democrats and President Obama to agree to the construction of the Keystone Pipeline from Canada to Texas.

Prediction: Behavior of the Occupy Wall Street participants will increasingly look more like anarchy than reform.

Prediction: Once a leading indicator of the economy, Wall Street will continue to be merely a leading indicator of itself.

Prediction: The Supreme Court will rule against the individual mandate in Obamacare, as it violates the Constitution’s Commerce Clause prohibiting the government from mandating citizens purchase a product.

Prediction: Mitt Romney will be the Republican presidential nominee.

Prediction: I’m doubling-down on my 2011 prediction that Joe Biden will not be on Obama’s 2012 ticket. Desperate people do desperate things.

Prediction: Barack Obama will be a one-term president.

Prediction: Republicans will retain majority control of the House of Representatives.

Prediction: Democrats will lose control of the U.S. Senate.

Prediction: Alabama’s defense will defeat LSU’s defense in their rematch in the BCS Championship Game.

2012 will be a defining year for America and planet Earth.

I talked more about my 2012 predictions on The Small Business Advocate Show. Click on the links below to listen or download.

Global predictions for 2012

Economic predictions for 2012

Political predictions for 2012

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Small Business Advocate Poll: Suspend business growth plans until after 2012 election?

The Question: How likely are you to suspend business growth plans until after the 2012 election?

45% - Very likely
45% - Not likely
10% - Uncertain

My Commentary:

The U.S. economy will end the year with a GDP growth number of less than 2%. For the past decade, that would be a stellar year for Europe, but for the largest economy on the planet, that’s about half of what we’re capable of.

One of the most plausible reasons given for why the U.S. economy is still languishing is uncertainty. Businesses, especially small businesses, are uncertain about many things: debates about whether to raise taxes; the impact of the new health care law; banking industry issues; growing federal budget deficits and the national debt, just to name a few. Consequently, the logic follows, businesses are playing their risk cards close to the vest.

One of the most common predictions is that the next event that will will cause the pent-up growth pressure to break the dam of uncertainty will be changes in Washington as a result of the next election in November 2012. So we wanted to know how the members of our small business audience would respond to this question: “How likely are you to suspend business growth plans until after the 2012 election?” Frankly, the results were a little surprising.

Those who were “very likely” to postpone growth plans until after the election came in at 45% of our sample. And those who were “not likely” to suspend growth plans came in at the exact same number - 45%. 10% were “uncertain.”

Even though our unscientific online poll didn’t produce the numbers that conventional wisdom would seem to indicate, it is still significant that essentially half of our respondents were putting their growth plans on hold for another year. Plus it corresponds with my earlier point about the economy doing about half as well as it should be.

Check out my recent audio commentary on small business growth plans for 2012. Listen or download.

For more great SBA content, click HERE!

To take this week’s poll, click HERE!

Small Business Advocate Poll: Corruption and Collusion between Wall Street and Washington

The Question: What, if any, do you think is the level of corruption and collusion between Wall Street and Washington, D.C.?

72% - Extreme
24% - Somewhat
4% - None

My Commentary:

We wanted to know what our online, radio and ezine audiences thought about this issue, so recently, we asked this question: “What, if any, do you think is the level of corruption and collusion between Wall Street and Washington, D.C.?” Here’s what we learned:

Only four percent of our sample said there was no hanky-panky between Washington and Wall Street, while about one-fourth said it was “somewhat” likely. But 72% of you said that the level of corruption and collusion between our elected representatives and the financial elites was “extreme.”

For more great SBA cotent, click HERE!

To take this week’s poll, click HERE!