Philosophy

Laboring on [About] Labor Day

[Today, I’m waxing philosophical. If you want to wax along with me, then keep on reading. If not, then please peruse my other posts instead.]

This post, an annual classic, was originally written and published on September 5, 2016, Labor Day in the U.S.

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Originally proposed by union leaders, Labor Day commemorates American workers. Just as unions have mostly outlived their usefulness to all but union leaders, Labor Day has become a day for barbecues, family gatherings, and just plain old fun.

Some claim that there is a thing called “work-life balance.” My opinion is that we have only one life (I’m not betting on reincarnation) and that work is an essential part of it. It’s a main driver in why we’re here. Work gives us a purpose in life.

I’ve often heard people say things akin to “I have four years left,” in reference to the time until they “retire.” I shake my head in wonder, both because it seems to me as if they’re talking about a prison sentence (i.e., four years until parole) and because it seems as if they believe that work is getting in the way of some idealistic “life” that hasn’t yet begun.

I’m certainly not advocating that you work, work, work and have no fun, for what is life without fun. I believe that we should approach work and non-work as building blocks for your day. You not only have to work smarter (do the right thing) but there’s no getting around the fact that you also have to work harder.

I can almost guaranty that your competitors are not just sitting around the pool today, they’re also doing some thinking about how they can snatch away your opportunities. Even if I’m wrong and they’re all floating around on inner tubes, it’s even more of a reason for you to outwork them into the ground.

I took some time off this morning. Now I’m about to get back to work preparing for a meeting. After all, it’s Labor Day.

Comment or contact me if you’d like to discuss this post.

Mark F. Weiss

www.weisspc.com

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Philosophy

Laboring On [About] Labor Day

[Today, I’m waxing philosophical. If you want to wax along with me, then keep on reading. If not, then please peruse my other posts instead.]

I’m writing this today, September 5, 2016, Labor Day here in the U.S.

Originally proposed by union leaders, Labor Day commemorates American workers. Just as unions have mostly outlived their usefulness to all but union leaders, Labor Day has become a day for barbecues, family gatherings, and just plain old fun.

Some claim that there is a thing called “work-life balance.” My opinion is that we have only one life (I’m not betting on reincarnation) and that work is an essential part of it. It’s a main driver in why we’re here. Work gives us a purpose in life.

I’ve often heard people say things akin to “I have four years left,” in reference to the time until they “retire.” I shake my head in wonder, both because it seems to me as if they’re talking about a prison sentence (i.e., four years until parole) and because it seems as if they believe that work is getting in the way of some idealistic “life” that hasn’t yet begun.

I’m certainly not advocating that you work, work, work and have no fun, for what is life without fun. I believe that we should approach work and non-work as building blocks for your day. You not only have to work smarter (do the right thing) but there’s no getting around the fact that you also have to work harder.

I can almost guaranty that your competitors are not just sitting around the pool today, they’re also doing some thinking about how they can snatch away your opportunities. Even if I’m wrong and they’re all floating around on inner tubes, it’s even more of a reason for you to outwork them into the ground.

I took some time off this morning. Now I’m about to get back to work preparing for a meeting. After all, it’s Labor Day.

Comment or contact me if you’d like to discuss this post.

Mark F. Weiss

www.weisspc.com

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Philosophy | The Business of Healthcare

Cyprus, USA

If you’ve been reading the international news, you’re probably familiar with the fact that the government of Cyprus, a European Union member, is under pressure from the European Central Bank to seize funds in private depositors’ bank accounts to bail out Cypriot banks.

Although when first floated, all accounts were targeted for seizure in varying percentages, the latest plan seems to include only those who were good at saving, those with more than 100,000 Euros in the bank. Up to 60% of the amount on deposit might be seized.

Imagine someone who works their whole life, saves their money and keeps it liquid in a bank account – no crazy speculation for him! – only to find that he’s paying the price for the bank’s foolish behavior. Depositors like him, who never stood to realize an upside in terms of distributions of the bank’s profits, got only the downside via confiscation.

Upon reflection, how different is balancing a banking system failure on the heads of the productive from balancing the books of the healthcare system by reducing reimbursement to physicians? Same work. Less pay. But hey, it’s patriotic.

Still complaining? Don’t you know that you’re just paying your fair share?

Comment or contact me if you’d like to discuss this post.

Mark F. Weiss

www.weisspc.com

 

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