GOP Is Right; We Are Spending Too Much (because we invest too little)

David Strand is a KARA board member, he has lived in Finland, worked on the making of public policies for children and written about how other advanced nations make public policy on children’s issues. He is a frequent contributor to KARA’s web pages. Look up his other articles under “select a category – David Strand” on the right hand side. David’s article today;

Edwin Green (recently deceased and not his real name) was an executive for 3M from the 1960’s into the 80’s. He once gave me a lecture on business philosophy, a lesson that resonates in today’s climate of political impasse. Edwin mentored me and asked why I was bothering to study for an MBA at night school. I replied my engineering education was quite narrow and studying business helped me understand working at 3M. Smiling broadly, Edwin told me he (also an engineer) hadn’t studied business but “he knew how to run a business.” Mostly, he said, all you have to know is when “to spend a nickel to make a dime”, his one-minute lecture.