POSTRETIREMENT REFLECTIONS ON THE WORKINGS OF GOVERNMENT

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POST-RETIREMENT REFLECTIONSON THEWORKINGS OF
GOVERNMENT

• FMI PD WEEK 2006NOVEMBER 29, 2006

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GETTING THINGS WRONG MUSINGS FROM AN AUDITOR

• Jeff Greenberg BMB Consulting
• FMI PD WEEK 2006NOVEMBER 29, 2006

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• THE FULL IMPACT OF ACTUAL OR PROPOSED CHANGE MAY
  BE A SERIES OF SHOCK WAVES PRODUCING A RANGE OF
  SECOND-ORDER, INDIRECT OR LONG-TERM CONSEQUENCES
  THAT MAY NOT HAVE BEEN ANTICIPATED OR
  SUFFICIENTLY THOUGHT THROUGH

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GETTING THINGS WRONG

• WHY DOES IT HAPPEN?
• IGNORANCE
• ERROR
• EXPEDIENCY

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IGNORANCE

• US STATE OUTLAWED ROADSIDE BILLBOARDS
• EXXON VALDEZ OIL SPILL IN 1989
• RENT CONTROLS
• MINIMUM WAGES
• CONSOLIDATE THE EI ACCOUNT

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ERROR

• FORECASTING
• ESTABLISHED PROGRAMS FINANCING

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EXPEDIENCY

• DOING THINGS FOR THE WRONG REASONS
• LOWERING THE GST

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CONCLUDING REMARKS

• FOR EVERY PROBLEM, THERE IS A SOLUTION THAT IS
  SIMPLE, NEAT, AND WRONG
• GUARD YOUR DELETE KEY