Biden First Joint Session to Congress

President Biden's on jobs, wages, infrastructure, and other issues as they relate to the national economy. He discussed DARPA and its benefits in developing new technologies for national strength. We will likely as a country need to focus more on STEM and tech organizations (and clusters of organizations with different strengths/products but share aspects of development. See Developing New Industries) DARPA type projects that will push us in an upward direction using our natural American ability to thrive, strive, and overcome the challenges that are laid out before through better utilizing our best and brightest (...in all demographics of our society). All political systems must strive and adapt or slowly lose their relevance (I'm not sure the constant storming stage in our leadership teams are doing us much good right now. We might need to renorm around central principles we all agree upon.)

A brief discussion on a proposed tax structure was offered. Finding the right/calibrated tax structure maximizes innovation, human capital, financial growth, supply networks, etc... will help create maximum tax revenue matched with pointed infrastructure investments that leads to more net positive tax revenue....cycle continues and becomes self-adjusting in theory. I'm not sure any country has yet found a tax structure that meets the needs of an emerging economic platform based highly in technological innovation (I think I confused myself 🤷).  Finding ways to increase tax revenue, increase business start-ups/investments, and increased jobs/wage are three metric markers readers might want to keep an eye on.(See Exploring Intellectual-Infrastructure Tax Concept.

We shouldn't forget that we also need to strength small business development for future innovation among a diverse group of motivated young entrepreneurs just waiting for a chance to compete! Large companies eat up these small companies and some small companies today might by the Ford's, IBM, etc.. of tomorrow. It must renew itself all the time like a flowing system of new business, big businesses, dying businesses, etc.... 

Entrepreneurship can also raise the status of struggling families and create a sense of pride and skills by finding finance/investment/crowdfunding in emerging industries where future opportunities lay. (Trust me poverty is a big hole that is very hard to climb out of from a financial and perspective/conditioned way.)   We might not currently have an environment where one can truly say a person's place is life is dependent on effort and performance alone (Confounding variables). Our investors might want to create investment structures/vehicles for small business in emerging markets/industries and/or development clusters to stay ahead of the game (Got to get juice from somewhere). Better to invest in places that carry essential American values than to invest in markets that see American corporations as means to an end (i.e. until they are a net detractor for their businesses/economy). (Disclosure: At this point In my life I'm a little turned off by politics so I'm looking at things from a little more objective standpoint. There is a difference between the art of influence 👍and the art of mutual destruction.🙅🚫). 

Market Review 'Bloomberg Surveillance' Full Version April 27th, 2021

Keeping up on the finance, economics and investment news. 

 

Morgan Stanley Indicates Roaring 1920's-Opportunities Rise for Pro-Social Investing

The economy is poised to grow and investors project that some of this growth could have long-term sustainability. Morgan Stanley believes we could have another roaring 20's with the right investment environment (1920's and 2020's 👷). Investors rely on complex tools to understand, manage, and predict the environment for maximum shareholder returns. Those tools help investors plug in certain company criteria and come to a more manageable short list of firms to include in their portfolios. Powering up the American economy through active and purpose driven investment can go a long way in future international competitiveness. 

Data is important for investors to best determine which companies are most likely to take advantage of market changes. Some of these algorithms can be quite complex and it would take a serious mathematician to sort of break it all down into something mentally manageable.  Despite its PhD complexity no system as of yet is 100% accurate (100% can never actually exist outside perfect form mathematical reality)! 

Its interesting that people have an impressions of investors as cold hearted, vest wearing, gold watch swinging, tall hat bearing princes/princesses of modern industry. Wealth doesn't change a person's soul and it doesn't change the dreams they had when they made their first serious investment (It might take a minute to get back there🤔? If your unaccustomed to self-reflection start slow and build your abilities over time🙊). As the hair greys and the bravado of youth wanes, prosocial interests come to the forefront. The motive to be part of something bigger than themselves tugs increasingly harder making its needs known (See Investing for Money or Morals?). Tasting the fruits of one's investment is great, but making money for a pro-social cause is of the sweetest nectar the investment world can offer; aftertaste is good too! 🧉.

Keep a look out for opportunity!

The free hand can whip up a tasty batch of solutions but without a hot oven nothing will rise (See Isolation vs. Globalization). The government can invest taxpayer money but it is the market that makes the biggest difference in the longevity of such strategies. Planted seeds of investment and innovation don't just vanish (See Innovation Diffusion and Evolutionary Economics). One draws investment through information and focused resources while the other sustains and pushes global market penetration. (See theory play Michigan Economic Solutions. )

When the right environment is created the business community can solve some pretty dicey problems. For example, if an investor toss and turns over police and protestor violence, (a heightened dispute in our American family👪) he/she may come to a practical solution that investing in advanced non-lethal weaponry lines could significantly reduce fatalities (A solution that might be helpful to police, national guard and international peace keepers. Maybe we can get Hawks and Doves to build a nest together?🤷 🕊.). I suspect officers and communities would feel a sigh of relief when a split second action/reaction isn't the final irreversible judgement. Redirecting the investment community and our politicians to the same shared vision (based on our central American values) would likely be a transformative experience for everyone involved. (See Stimulus and Ethical Econ and Pack Investing)

All civilizations
 need resources

How we as a nation attract international investment is influenced highly by socio-political stability of the country (central focus of political parties), safety and policing, corruption, infrastructure (i.e. digital networks for knowledge sharing and ports to export products), available skilled labor, technologies, education quality, patents, etc... Solving problems through our pragmatic American values and shared sense of purpose can be the vanguard to spearhead post Covid economic renaissance (See American Values & Treaties and Global Supply Chain).

We may have planted seeds in previous generations but it is up to this  new crop to break ground and reach for the sky while the sun still shines on their destiny (Inactivity increases the length of its shadow)⏳. That won't happen if the soil is dry, cracked, toxic and untilled (See Global Supply Chain Dev.) Investors have the power to change their environment through coordinated multi-industry efforts that seek the most profit and at the same time the most good for the most amount of people. Prosocial investing can transform dying American industries into new thriving market champions♘♞. Its rational economic agents that make the choices that allows our entrepreneurial gladiators (See Global Knowledge) to compete in the global arena. ( See Perpetual Sustainable Invest)

Escanaba Town Hall April 22nd 2021-Seeking Developers and Marina Tourism Enhancements

Watching Escanaba's April 22nds, 2021 Townhall meeting. Its really a great idea to record these meetings and put them on line for different demographic interests. Governance awareness helps citizens (and others) understand the activities of town and how those activities relate to the lives of local residence. Discussion on attracting more developers and looking at the waterfront. As with other townhall meetings there are lots of small details and budgeting issues that have to be settled. Personally, I think attracting businesses/investments, alternative housing (some downtown would be great), as well as encouraging condos and apartments in city can open up the area to wider interests.  A coordinated marketing campaign can help draw developers and entrepreneurs. Great points on underutilized harbor/marina and how that might attract investment into the area. A great marina, nice park, condos, groomed beach, fun downtown and it might be a winning combination. (See Redeveloping Esky Downtown and Neuroscience Marketing Delta County and Public Information Esky Invest Capital)

A Few Photos of Louisville Kentucky River and Paddle and Barge

Photography is an artform that almost anyone can engage in. Our cell phones can take pictures almost anywhere we are which makes them great for hiking and other on-the-go activities. I have a Canon but its clunky and big so the cell phone is usually on me at all times.   I have seen a few cell phones that can take great shots but haven't yet seen an affordable one that can take professional pixel quality photos. You can walk a few blocks from downtown to the waterfront. I think the first picture turned out well. 

These barges are pushed around by tug boats. 

Detroit Economic Club-Hot Seat: What I Learned Leading a Great American Company

Learning from leaders who have been there and done that is important for students. It can be hard to keep up with changes when your busy but spending some time thinking about some of the business changes and opening opportunities is helpful. You can learn more about the Detroit Economic Club HERE. Some great advice. Knowing what to do is easier than to know when to do it! Invest early and lose money and invest late and be too far behind the curve to capitalize on emerging technologies such as electric vehicles. 

Exploring the Idea Of Lower HQ Taxes and Its Potential Impact on Supplier Networks (Calibrated Tax Structure)

Ideas are only ideas unless we find a practical way of taking these ideas and evaluating them for beneficial application. Its not my place to say at this moment which tax system is likely to work the best as different policies are discussed and debated among lawmakers. Some will advocate for high taxes and some will advocate for low. Each one has their own supporters that come from a long line of economic theorists. There are also other alternatives strategies we sometimes miss because of social aspects of arguments and adherence. We may also consider maintaining lower headquarter (HQ) and normal/moderate taxes on suppliers as a mechanism to attract back to North America manufacturing interest.

There is a difference between exploring ideas for future research and trying to definitively make conclusions without an actual investigation. The one thing that is not helpful for researchers is to make a conclusion before understanding the actual questions or looking at the pieces of information that lead to an affirmation of the connection between question and conclusion. We see this all the time when doctoral students are interested in a topic and then seek out only those answers that justify the conclusion (researcher bias). 

Thus, taxes have become a big issue in our country and its been debated for some time (See cognitive teams). While I cannot say this to be a fact, I can say that in my experience the ALL THIS and ALL THAT answers are rarely correct because they are exclusive and seem to ignore the vast majority of exceptions that are a natural part of life (This is why unexplored option C sometimes works). Thus, one can only say in my experience I believe there is a possibility that having lower headquarter taxes and moderate supplier taxes might lead to attracting intellectual capital and suppliers back to the U.S. 

To help ensure that I'm not biasing the questions it is helpful to keep a couple mental anchors in mind. 1.) Being indifferent to the results helps maintain a level of objectivity. Coming to a wrong conclusion and proposing that as truth could damage and hurt a lot of people and waste others resources (In formal research this would be the long-tail consequences of skewed research).  2.) There is no "proof" that something IS, but only that it is a logical possibility (a little more qualitative) and additional research will determine the probabilities (a little more quantitative) likeliness of outcome (predicting the environment). 

There are four fundamental questions (different researchers might see the questions differently) we want to ask when trying to determine if one can create the basis of a chain of logic. I put them into a typical research format although this is more of a essay explanation (Disclaimer: In very formal research I might have lots of literature supporting each of the points in the logical chain and look to existing research to fill the gaps. Probability of something would require a creation of logic and the determination of probabilities through observation, manipulation of variables, and supported instruments. That would take a long long time!😾 So think of this as a "thought" experiment or a type of investigation of pure reason.): 

R1: Does attracting corporate headquarters improve on economic investment?

R1-1 Large manufacturers and non-manufacturing firms are more likely to invest in R&D activities. The large manufacturers have a stake in the research to develop new products. Small non-manufacturing firms are also investing in R&D. Small firms in design & engineering, technology, and small manufacturers might be interested R&D pooled investment opportunities. See Firms R&D. Digital Era Infrastructure Draw

R2: Does lowering (maintaining low) headquarters tax attract business to the U.S.? 

R2-1 HQ can be attracted and retained through 1. better clustered communications and knowledge exchange, 2.) focused capital, resources, talent spill over, and shared services, and 3.) lower costs and higher legal and regulatory environment (Baaij, et. al 2015). See Attract MNC Innovate  Tax Environ and 15% Global Tax Floor

R3: Will supply chains be inclined to follow parent company headquarters?

(One might consider a couple of sub questions for each such as R2-1, "Under what circumstance will suppliers follow headquarters?", "Are there employee size differences?" "Which industries are most attracted?", "What is the expected return rate to companies/governments from infrastructure improvements?", etc... R2-2 to100)

R4: Are businesses willing to pay (direct and indirect) for national infrastructure?

Because I would like to devote a little time to each of the questions mulling the possibilities I think it would be best to give each its own article to minimize confusion. None of them will be in great depth but just a connection point. Each question would have to be supported through additional significant research (That isn't the goal today!😢).  "Connecting" them through some basic research studies might show at least a possibility of a relationship for future exploration. At some point one might move beyond this essay discussion down the chain of logic to extrapolate a larger conclusion. 

This is part of a larger research that explores the possibility of using academic, labor, and creative capital within global-export oriented clustered environments to create rapid industry expansion and economic growth/prosperity potential. You can see the unfinished Theory of Transactional Clusters and Perpetual Sustainable Development. They look like they are different but one is the pathway to understanding the practical utility of the other.