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Byron McNutt

People Make the Difference


Byron McNutt can be reached at This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
or P.O. Box 1929, Eagle River, WI 54521.

 



Bar Stool Economics 101

By Byron McNutt

IMAGINE?A?COUNTRY with a tax system that maligns and vilifies people who legally pay more than $2 million annually in federal income taxes but sees nothing wrong with a sizable portion of the population that isn’t required to pay any federal income taxes.

People in this flawed system might owe $1,200 in taxes at 17%, or $2 million at 14%. When using numbers to state your case in a fairness debate, the context and the perception of the judges can make a big difference.

Tuesday, October 02, 2012 4:18 PM
 
Innovation costing jobs?

By Byron McNutt

WE ALL KNOW?millions of good, middle-class jobs have disappeared in the U.S. economy the last 15 years. We can blame innovation, technology, robots, smartphones, computers, outsourcing, company mergers and the resulting bad economy.

Author and former hedge-fund manager Andy Kessler says it is wrong to blame innovation for the loss of jobs. Tell that to the 15 million Americans who are unemployed and the 20 million who feel they are underemployed.

Tuesday, September 25, 2012 2:47 PM
 
Fixating on our performance

By Byron McNutt

HAVE YOU EVER celebrated your wedding an­niversary by conducting a performance review? Do you insist on doing some market research before you and your spouse produce another child?

If you have, you’ve been in corporate America too long. One of our trade publications, Publisher’s Auxiliary, once offered us this collection of answers to the statement: You’ve been in corporate America too long when:

•?You ask the waiter to describe the restaurant’s core competencies. You decide to reorganize your family into a “team-based organization.”

Tuesday, September 18, 2012 5:29 PM
 
Search for intelligent life

By Byron McNutt

COLLECTIVELY, WE are the most rational, the most logical, the most educated species in the history of nature. Yet, author and newspaper columnist D.L. Stewart from Joilet, Ill., says the search for intelligent life in our universe goes on.

Stewart made that observation over 21 years ago. With another presidential election just ahead, one has to wonder if we’ll ever find intelligent life in the political arena. It’s no surprise, I guess, because potential voters on Nov. 6 are from the same species that will:

Tuesday, September 11, 2012 2:17 PM
 
Glossary of political rhetoric
By Byron McNutt

EVERY FIELD HAS special words and expressions, and politics is no exception. About 26 years ago, economist Thomas Sowell offered this glossary (with a few tweaks) of political rhetoric used by politicians and the media.
Crisis: any situation you want to change.
Compassion: the use of tax money by Democrats to buy votes.
Insensitivity: objection to the use of tax money to buy votes.

Tuesday, September 04, 2012 3:29 PM
 
Maybe there’s still hope?
By Byron McNutt

“AMERICANS?CAN always be counted on to do the right thing?—?after they have exhausted all other possibilities.” In other words, it is not a good idea to bet against the United States.
The opening quote was made by former British Prime Minister Winston Churchill about 65 years ago. Some sources say the second half of the quote was “after they have tried everything else.” Either interpretation works.
If it was true back then, is it still true today? Was the statement a backhanded compliment or a sarcastic take on our indecisive (spineless) political leadership? What might this observation about America tell us?

Tuesday, August 28, 2012 2:11 PM
 
Fed up voters to stay home
By Byron McNutt

MANY PEOPLE consider the Nov. 6 General Election the most important in our nation’s history, so why does a nationwide USA TODAY/Suffolk University Poll predict that as many as 90 million eligible voters are unlikely to vote? There are many reasons.

One: Because of the Electoral College System, people know in advance that their individual vote (the popular vote) in the presidential race  doesn’t count. If you vote Republican in states like California and New York, it won’t matter in regard to the outcome.

Tuesday, August 21, 2012 2:55 PM
 
Man discovers musical talent
By Byron McNutt

WE’VE?ALL?HEARD news reports and seen pictures of the devastating drought conditions that have wreaked havoc across the country this summer. We’ve also had to deal with destructive flooding in some areas. Here’s a story for those readers who like “groaners.”

A man was confiding his experiences to several of his friends. The account involved a flood out West when many homes were washed down the raging waters in a canyon.

“I discovered that I had some musical talent after all,” he concluded to the amazement of his listeners.



Tuesday, August 14, 2012 3:03 PM
 
Who I am makes a difference
By Byron McNutt

WHEN WAS the last time you acknowledged and thanked the people who have made a difference in your life? If you say it has been a while, the following story may prompt you to take action.
The essay was sent to us at the News-Review about six years ago by Matt and Steve Hausner, sales coordinators at Guardian by Generac Power Systems in Whitewater. Special credit may also go to Misty Jaeger for this touching article.

Tuesday, August 07, 2012 5:51 PM
 
There’s no guarantee these days
By Byron McNutt

FAMED WALL Street guru Byron Wien calls it “the dumbest idea in the economic history of the United States.” He was referring to the overly optimistic federal policy that said “every American should own their own home.”
Wien, the 79-year-old dean of Wall Street forecasters, says the policy just
wasn’t realistic. It required people to take on massive personal debt when they simply couldn’t afford it. Then the government made it worse when it guaranteed these unsustainable loans.
Because it seemed like a good investment, people bought homes with inflated prices, thinking inflation would bail them out. Buying a home is a good goal for most people, but buyers must make sure not to buy a home out of their mortgage comfort zone. Then the housing bubble burst.

Tuesday, July 31, 2012 3:12 PM
 
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