Excel stuff. Sports photographer. Former production professional. MBA. GW, UCLA alum. Father, apparently. RTs are either endorsements or sarcastic, you decide.
Los Angeles, CA
Joined January 2009
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Jordan Teller retweeted
Mayor Bass’s office waited until the day after the election to release a memo stating that the city spent nearly $350 million it does not have this year, and more than $100 million more than it expected. Insane incompetence and deception!
LA's overspending nightmare laid bare as Nithya Raman prepares to inherit budget mess trib.al/rP3vDFv
Jordan Teller retweeted
Profit isn't the only signal. Feeling great about helping people. Changing people's lives. Helping your country. Putting people in a position to succeed. To enjoy their lives. People get to pick their own motivations. If they are fortunate, they will reach those goals.
That's the beauty of capitalism. People get to choose the reward that motivates them.
Entrepreneurs can choose to make as much money as possible. Or not. They can choose to make enough money to focus on using their most valuable asset, their time, to not have to work at all. They can choose to make money to help people.
But. Every entrepreneur that wants to reach their goals needs people. People to work for them, buy from them, sell to them. Even the person in the basement with nothing but AI, needs to connect to humans to reach their personal goals.
Capitalism works. But not for everyone.
Where Capitalism fails people, Capitalism isn't the problem. It's the people that put profits above all else that are the problem.
If you put your personal net worth or cash flow above all else, you may make insane amounts of money, but you will suffer the greatest indignity. You will be hated. Your time will not be your own. You will never experience the joy that comes from helping others.
No one is born knowing where their life will take them. We get to do our best, in our circumstances, to try to enjoy our lives.
Capitalism allows us to try to get there. Capitalism allows people who have achieved those goals to help others. Capitalism allows us to choose our own personal path.
Unfortunately, we don't all get there. But we get to try to choose the path we want.
The signal is personal choice. Not profit.
Mark. Do you hear yourself?
You say government doesn't have to make a profit, and that is true. It is the whole problem. Profit is the signal that tells a producer he created more value than he consumed. Government has no such signal, which is why it cannot know whether anything it does is worth doing. That is not a friction AI removes. It is the absence of the one piece of information AI would need.
And everyone else in your plan does have to make a profit. The researcher who spends ten years on a molecule that may never get through the FDA. The engineer who designs the scanner. The company that risks capital on a manufacturing line. The doctor who borrowed three hundred thousand dollars for the right to work ninety hour weeks. The nurse. The hospital that has to keep the lights on. Every one of them has to take in more than they put out or they stop, and when they stop, the care stops with them. Government not needing a profit means nothing if the people who make the thing still do.
Then there are the people whose money you intend to run through the Treasury. They earned it. They need it. And they have a right to it that does not depend on whether your commission has a good use in mind. A government that doesn't have to make a profit is a government that only has to take, and the taking is the part you keep leaving out of the pitch.
You know all of this. You built Cost Plus on exactly these premises. Publish a price, earn a margin, let the customer decide. You just refuse to grant the people who make medicine the same thing you granted yourself.
Jordan Teller retweeted
For those who say it’s time for universal care. I am all for it. It would be nice if we could find a way to reduce the cost of care and make it available to everyone, for anything.
But it will take work to get there. Other countries with Universal Care make “Most Things available to All People”. It’s not perfect.
In our country, we make “Everything available to Most People”.
The question for this country, unlike others, is how we can make the best possible care and therapies, regardless of cost, to everyone ?
Read @AbdulElSayed ‘s book on Medicare for All. He wisely had more questions than answers. Medicare for All ? Global Budgets ? Or something else ?
It’s a difficult path from where we are to “E4E” Healthcare. ?Everything for Everyone)
My hope is that we can put together a Simpson Bowles type, Blue Ribbon Commission. One that includes representatives of all stakeholders. From all different type of patients. Including rare disease parents. Rural and Urban Hospitals. The most expensive hospitals that offer unique care. Pharma companies that offer everything from genetics to Cell and Gene Therapies. You get the point
Some people think we can just tell all those working in the healthcare system what to do.
That’s the fastest way for this to fail. We need to be as close as we can to being on the same page. And we need to figure out a non partisan manner of running our American version of Universal Care.
No reason we can’t start now
FIVE. HUNDRED.
BREAKING: The Democratic Legislative Campaign Committee @DLCC says Democrats have officially won a majority of state legislative seats nationwide, flipping more than 500 seats across the country.
Jordan Teller retweeted
If an adversary hacked the CENTCOM account and started making posts it wouldn’t be as damaging or embarrassing as what CENTCOM has been doing
Rewards for Justice is offering a reward of up to $20 million and possible relocation for information about Iran’s nuclear program, including its facilities, equipment, and associated personnel, such as those in the scientific community, or the movement of any of the above.
Submit a tip: rewardsforjustice.net/reward…
😂😂😂😂
sorry I mean yes great idea Dan
Congratulations to the new Chief of Staff, @StephenM.
Double down on the agenda. Too many people are demanding a change to tough policies because they were unpopular in the midterms. That’s foolish and cowardly.
The short term unpopularity of a policy does not make the policy wrong. The President’s priority should be long term benefits (like an Iran without a nuke), not short term popularity.
Jordan Teller retweeted
something tells me they do not regret the error
Jordan Teller retweeted
President Trump is the most transformative political leader in American History — and he has single-handedly saved America from those who would destroy it.
It has been the privilege of my lifetime to have served on his team from Day One, and I am honored beyond words to serve as his White House Chief of Staff.
I want to thank the incomparable Susie Wiles for her years of devoted service to the President and the Country, and for her friendship.
The mission now is more clear than ever: Fight with all of our soul to support our President and defend this magnificent Republic.