Uncertainty about how the Affordable Care Act will unfold is creating havoc for employers, writes Jim Holland, a labor and employment lawyer in Fisher & Phillips Kansas City office. Its possible that executive orders will unilaterally change the directives being debated, that more provisions will be postponed or changed or that the ACA will simply implode under its own weight.
If youve just returned to the market or are just a rookie, you probably pay more attention to market reports and commentary from the financial press, pundits and equity analysts. Now may be a good time not only to brush up on hoary but effective market maxims, but to arm yourself against the hyperbole and outright nonsense issued by "expert" market observers.
What country are you in? Where is your business situated? In what country did your trade take place? Those were once questions whose answers were so obvious that no one asked them. Now they are questions that can drive financial regulators and tax collectors to distraction.
Bill Gross, the founder and chief investment officer of Pacific Investment Management Co., says that with the wealthy getting a bigger and bigger share of the nations income, its time to tax capital gains at the same rate as wage income. Whether you agree with Gross or not, Im sure his column rattled some gilded cages.
If education is a poor childs best shot at rising up the ladder of prosperity, why do public resources devoted to education lean so decisively in favor of the better off? The debate over how to improve educational standards, focused intently on grading students and teachers, mostly bypasses how the inequity of resources inevitably affects the outcome.
The bureaucrats now apologizing for the stillborn HealthCare.gov ignored or violated principles introduced to any first-year business student or learned the hard way by experienced executives. The blown startup will be a business school case study for a long time.
Todays higher education needs to be more than how to perform a job. Education must teach people how to think, how to solve problems and how to adapt in a world that certainly will continue to change and evolve, writes David J. Cook, the vice chancellor of the University of Kansas-Edwards Campus.
The downtown revival doesnt mean that Kansas City still couldnt be mismanaged and become a Detroit. Taxpayer dollars and incentives should always be used judiciously. But 25 years from now, I bet Kansas Citians will look at the Power & Light District and be glad its there.
Experience has proven that hiring with the intention of truly getting to know the employee is an honest, intelligent effort. Its important to take strides to engage and retain employees. However, its equally important to realize that the relationships you develop with your staff can be an active component in your companys growth even after they move on.
The wounds are still deep. Five years ago this fall, a financial system warped by misbegotten government policies and reckless risk-taking by bankers nearly imploded. The economy dived into the Great Recession. That ended in June 2009. A recovery began. Were still recovering.
Last year, the American Royal chose to honor our United States military with our parade theme. We wanted to give our military and veterans the proper thank you they deserve, writes Cynthia Pistilli Savage, the 2013 chairwoman of the American Royal. The event, full of American Royal pride and civic support, was such a successful event that we are doing it again on Saturday.
On warm fall evenings in the St. Peter/Waterway neighborhood, Waterway Park is the place to be. This urban park in Kansas City, Kan., bustles with activity as children climb on the jungle gym and adults stroll around the new walking path. But it wasnt always this way.
If the critics are right, the best case for drastically modifying the Affordable Care Act or repealing it outright may come from seeing a bad law in action. But for the time being, critics and obstructionists should stand down. Its too late now.
One of the largest art fairs in the country and one of the most popular among artists, the Plaza Art Fair has a tremendous economic impact on our city. More important than dollars and cents, though, is the immeasurable effect of the fair and the Plaza on the livability and appeal of Kansas City.
A recent article in The Star cited some of the overall challenges with Fannie Mae and Freddie Mac financing because of issues in markets such as Miami and across the country, the piece left out some of the bright spots that exist in Kansas Citys condo market.
Low interest rate college loans and other subsidies raise the question: In whose pocket does the money end up? Despite the protestations of educators, I dont think theyre immune from playing the subsidy game. Its a game hard to avoid.
Capitalism is culture. To sustain it, laws and institutions are important, but the more fundamental role is played by the basic human spirit of independence and initiative.
Philanthropy can serve as the basis for a family legacy not only for doing good for others, but also for forging deep and lasting bonds across generations. By working with a dedicated philanthropic solutions team to identify specific goals, you can create a program to ensure that your charitable vision is achieved.
Executives should take this as a friendly warning: With all the power and wealth big business and its executives are gaining, they cant just stand aside from the consequences of income inequality, flat wages and a high jobless rate. If big business wont step up, government will.
Many cities, including Kansas City and Kansas City, Kan., have benefited from federal tax credits for affordable housing and inner-city development. If these credits were to disappear, so too would billions of dollars of annual investment in Americas poorest ZIP codes.
The test for the U.S. going forward will be to keep the deficit and debt under control as the baby boomers age and Social Security and health care costs skyrocket. A declining deficit now will give us more debt capacity later when well really need it.
The battle for Sprint Nextel Corp. that ended last week amounted to three-dimensional corporate chess with the four players Sprint, SoftBank, Dish and Clearwire making multiple, head-spinning moves. For Overland Park-based Sprint, its turning out well.
The Bureau of Economic Analysis will begin recognize spending on research and development. And, take another deep breath, it will begin counting investment in the creation of entertainment, literary and other artistic originals.
The bulls have been feeding on a host of good economic news and are licking their chops for more. Still, given the last five lousy years, many of us are watching the battered bears up in those trees, wondering whether theyre going to climb down soon and eat the market rally for lunch.
Reaction to my last column allowing that the advocates of a new single terminal at Kansas City International Airport might have a decent case was certainly bracing. Most of the more than 100 callers, emailers and kansascity.com commenters batted me roundly about. But many others allied themselves with the single-terminal advocates.