Nevertheless, Congress loves these nonproductive redistributions of tax burden among taxpayers. Tax preferences – properly called “tax expenditures” by economists – are the vehicles for these dubious favors. It is easy to see why Congress loves tax preferences:

Suppose the Pentagon wanted to buy a new fighter plane. But instead of writing a $10 billion check to the manufacturer, the government just issued a $10 billion “weapons supply tax credit.” The plane would still get made. The company would get its money through the tax credit. And politicians would get to brag that they had cut taxes and reduced the size of government!

…

The virtue of the Milliman Index is that it includes out-of-pocket spending by families. The current debate on health reform typically focuses only on whether insurance premiums rise or fall, as if that were the proper metric for judging the affordability of health care. It is not. Total spending matters more.

…

Given the often clinically and morally compelling nature of health care as a commodity, one can think of a nation’s health system as just another tax system, operating side by side with the government’s tax system.

(more…)

The first pilot said, “I was given a thousand rules for flying my plane.” The pilot said, “I was only given three rules.” The first pilot gloated, thinking he was given many more options, until his friend says, “My instructor told me the three things I should never do. All else is up to me.” This story captures the idea that it is better to know the few things that are really against the rules than to focus on the many things you think you should do.

…..

There is strong evidence that the ratio between our individual successes and failures stays the same. Therefore, if you want more successes you’re going to have to be willing to live with more failures. Failure is the flip side of success, and you can’t have one without the other.

“Do you put symbolism in your writing?”

“Not if I can help it.”

…..

Or they say, “I could write a book about that.” I doubt it. Writing is hard work. A clear sentence is no accident. Very few sentences come out right the first time, or even the third time. Remember this in moments of despair. If you find that writing is hard, it’s because it is hard.

(more…)

There’s a saying in the military that if you see something below standard and do nothing, then you’ve set a new standard.

…..

He was fond of saying that most reps had a Wizard of Oz problem: they lacked either the courage, the brain, or the heart to be successful by themselves.

…..

(more…)

Why am I so suspicious of the newfound happiness or self-knowledge of this person about whom I claim to care? Am I truly committed to this person’s well-being, or do I miss the comfort of feeling unshakably superior? These are uncomfortable questions to ask yourself, so you might consider asking the machine instead.

…..

You already know what the machine will write on your arm That lie you’ve been telling yourself – you know what it is. That blind spot is not really a blind spot – you’re choosing to look away. Perhaps more to the point, you already know whether you want to see it. You already know whether you’re going to use the machine. So why are you still reading this?

(more…)

For being a foreigner, Ashima is beginning to realize, is a sort of lifelong pregnancy – a perpetual wait, a constant burden, a continuous feeling out of sorts. It is an ongoing responsibility, a parenthesis in what had once been ordinary life, only to discover that that previous life has vanished, replaced by something more complicated and demanding. Like pregnancy, being a foreigner, Ashima believes, is something that elicits the same curiosity from strangers, the same combination of pity and respect.

…..

Quickly, simultaneously, he falls in love with Maxine, the house, and Gerald and Lydia’s manner of living, for to know her and love her is to know and love all of these things.

(more…)

When we are present to what is, we are right front with the expansion of time, but when we make a mistake and get frozen in what was, a layer of detachment builds. Time goes on and we stop. Suddenly we are living, playing chess, crossing the street with our eyes closed in memory.

…..

I think a life of ambition is like existing on a balance beam. As a child, there is no fear, no sense for the danger of falling. The beam feels wide and stable, and natural playfulness allows for creative leaps and fast learning. You can run around doing somersaults and flips, always testing yourself with a love for discovery and new challenges. If you happen to fall off – no problem, you just get back on. But then, as you get older, you become more aware of the risk of injury. You might crack your head or twist your knee. The beam is narrow and you have to stay up there. Plunging off would be humiliating.

(more…)

In the case of a strategic inflection point, the sequence goes more as follows: denial, escape or diversion and, finally, acceptance and pertinent action.

…..

Escape, or diversion, refers to the personal actions for the senior manager. When companies are facing major changes in their core business, they seem to plunge into what seem to be totally unrelated acquisitions and mergers. In my view, a lot these activities are motivated by the need of senior management to occupy themselves respectably with something that clearly and legitimately requires their attention day in and day out, something that they can justify spending their time on and make progress in instead of figuring out how to cope with an impending strategically destructive force.

(more…)

less = singular nouns, time, or money
fewer = plural nouns

less= not as much as
fewer = not as many as

Her husband was lazy, she said, and he was a liar. What’s worse than a lazy liar? Nothing.

-141

There will always be a few details that can’t be explained, and people can end up in jail, and one of those people might be you. But not if this man kills himself. If he kills himself voluntarily, there is no killer to indict. The only perfect homicide is a legitimate suicide.

-143

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