The value added to waiting parents make the wait a bit more pleasent and reinforce the decision to use this orthodontist.The doctor must have taken business electives while attending dental school. Nice job doc.
Monday, August 27, 2012
Value Added
My daughters orthodontist office is a model of efficiency and value added. When we walked into the office Samantha checked herself in at a computer kiosk dedicated to the clientele. Before I sat down to contemplate the empending cost I made myself a cup of Green Mountain coffee from the well stocked Keurig coffee maker. I published this Blog via the guest WiFi provided for those in the waiting room. My youngest, Sarina kept herself busy alternating between watching the 50 inch LCD TV or playing with the computer games provided for the waiting siblings. All of these features enclosed in a modern decorum awash in natural lighting.
The value added to waiting parents make the wait a bit more pleasent and reinforce the decision to use this orthodontist.The doctor must have taken business electives while attending dental school. Nice job doc.
The value added to waiting parents make the wait a bit more pleasent and reinforce the decision to use this orthodontist.The doctor must have taken business electives while attending dental school. Nice job doc.
Monday, August 13, 2012
Economic food for thought
A few facts pieced together from reliable sources. Noted economist Milton Friedman said,
"All economic actors seek the most beneficial opportunities, and in doing so , help move the economy toward maximum prosperity. The role of the state in the economy is thus reduced to that of a "night watchman", playing a very minor role in facilitating this activity-protecting private property rights, maintaining law an order, and defending the system from external aggression".(reference, "30-Second Economics, edited by Donald Marron, copy write 2010)
If only it were that simple. The government now has to manage healthcare, social security, wealth fare and Medicaid.
The trustees of the Social Security & Medicare system report that,"Social Security and Medicare are the two largest federal programs, accounting for 36 percent of federal expenditures in fiscal year 2011. Both programs will experience cost growth substantially in excess of GDP growth in the coming decades due to aging of the population and, in the case of Medicare, growth in expenditures per beneficiary exceeding growth in per capita GDP. Through the mid-2030s, population aging caused by the large baby-boom generation entering retirement and lower-birth-rate generations entering employment will be the largest single factor causing costs to grow more rapidly than GDP. Thereafter, the primary factors will be population aging caused by increasing longevity and health care cost growth somewhat more rapid than GDP growth.
(Reference: www.ssa.gov/oact/trsum)
"All economic actors seek the most beneficial opportunities, and in doing so , help move the economy toward maximum prosperity. The role of the state in the economy is thus reduced to that of a "night watchman", playing a very minor role in facilitating this activity-protecting private property rights, maintaining law an order, and defending the system from external aggression".(reference, "30-Second Economics, edited by Donald Marron, copy write 2010)
If only it were that simple. The government now has to manage healthcare, social security, wealth fare and Medicaid.
The trustees of the Social Security & Medicare system report that,"Social Security and Medicare are the two largest federal programs, accounting for 36 percent of federal expenditures in fiscal year 2011. Both programs will experience cost growth substantially in excess of GDP growth in the coming decades due to aging of the population and, in the case of Medicare, growth in expenditures per beneficiary exceeding growth in per capita GDP. Through the mid-2030s, population aging caused by the large baby-boom generation entering retirement and lower-birth-rate generations entering employment will be the largest single factor causing costs to grow more rapidly than GDP. Thereafter, the primary factors will be population aging caused by increasing longevity and health care cost growth somewhat more rapid than GDP growth.
(Reference: www.ssa.gov/oact/trsum)
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