Answers That Count - Hosted By Charles Musgrove

#nationaldebt #financialcrisis

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Back for another episode, Professor Joe Calhoun joins us to provide perspective on the every growing US National Debt. We take a historic look at the annual debt and surplus since the early 1900's. As a % of debt to GDP, only in wary years has the % exceeded 10% ... until 2020 with the COVID-19 virus and economic shut-down. What a year 2020 has been. And, in 55 years, the US has incurred deficit spending in 51 of those years, thus only 4 years of surplus. Normally, this spells disaster. Will it lead to a financial crisis for the US?

Take a look and listen for the Professor's perspective and get his take on what he would do if he were in charge.

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We have articles of current, relevant information about business and economics.

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#kickthecan, #economics, #governmentintervention, #answersthatcount

Professor Joe Calhoun, Economics Professor at FSU joins us for another episode. We talk about the intersection of government into economics and how this is nothing new. Politicians often take the short-cut when intervening into the free-trade markets. Like, making loans easy to get for businesses suffering from COVID. The money issued by the Federal government in 2020 has been historic and created another bill to be paid by future generations. So, for 2020, we are stimulating the current economy with a $2 Trillion 'Can' to be paid back in the future. Check out this episode for some great nuggets of knowledge.

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#stress #communication #leadership https://answersthatcount.com

Melissa Hughes joins us for this episode of Answers That Count and shares nuggets of knowledge about how the brain works and process uncertainty. The 'thinking' brain area actually shuts down during stress and uncertainty. The key to this fact is to know how to counter the 'shut down' and reduce the time that the thinking brain is not fully functional.

This is a great session to help us during the uncertainty created by COVID.

Check out Melissa Hughes' website here https://www.melissahughes.rocks/.

A recent blog she posted about how the brain works during threats can be seen here https://www.melissahughes.rocks/post/the-brain-s-primary-job-is-not-to-think

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#economics #invisiblehand #government Professor Joe Calhoun, Economics Professor with FSU talks about the Invisible Hand in this episode. Here is the place that you can learn about the economic theory about an invisible hand. We kick this off with the discussion about current economic conditions, like the impact of COVID to the commercial real estate market. A big deal that we will feel for a while.

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#minimumwage, #amendment2, #florida https://answersthatcount.com

The Florida voters passed Amendment 2 on November 3, 2020 paving the way for a mandated increase in the minimum wage starting in 2021 and increasing to $15/hour over the next 5 years. Florida is not the first to pass such a measure and likely will not be the last. There is even talk about a Federal mandate to increase the minimum wage like Florida. In this episode we talk with Professor of Economics at FSU, Joe Calhoun. From an economics perspective we talk about the effects of the change that the workforce in Florida will likely experience. This subject is also discussed in "Common Sense Economics, Third Edition" a book that Professor Joe is a co-author. To quote from the book, "the basic postulate of economics indicates that a higher minimum wage will reduce the employment of low-skill workers. ... the weight of the empirical evidence indicates that each 10 percent increase in the minimum wage will reduce employment by between 1 and 2 percent.

Of course certain industries will be hit harder than others and there are many ripple effects of raising the minimum wage, like wage compression, increase in payroll related costs, like insurance, payroll taxes, etc.

Check out this show for an informative discussion about the far reaching consequences of minimum wage legislation. Be sure to click the Subscribe Button and Hit the Notification Bell https://www.youtube.com/channel/UC5U0invXUtqoyrAnniwDjhQ/?sub_confirmation=1

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We have articles of current, relevant information about business and economics.

#insurance, #dogs, #COVID

We are joined on this episode by Scott Fjelstad, principal with Rogers Benefit Group. Scott has the knowledge and expertise of a career insurance agent specializing in health insurance for the North Florida region from Pensacola to Jacksonville, FL.

Scott shares humorous stories about his encounters with dogs and his unique fear of dogs. These stories are great and could be material for a SNL skit.

Scott provides important information about the changing health insurance market and what will be shaping the North Florida market in the coming months and 2021. These changes are also a snap shot of what is likely to happen to your community anywhere in the US.

Scott's email address is sfjelstad@rogersbenefit.com and the website for Rogers Benefit Group is https://www.rbgcal.com/.

#vision, #destiny, #youth, #jesus, #ministry, #answersthatcount

In this episode we are joined by Chris Musgrove, founder and director of Future Now. Chris is well known for being the most entertaining person in any meeting, group or family. He is called a 'class clown' by some, but is known by all as a man in motion living out his calling to be an ambassador for Jesus Christ. He delivers this message to middle-school and high-school aged youth across the South East United States.

In this episode we talk about how COVID has altered the way he and Future Now deliver the message. Check this out and you will see how COVID has not deterred him from continuing to deliver the message that he has been called to deliver.

The Future Now website is https://futurenow.us/ and Chris' email address is cmusgrove@futurenow.us.

#cannabis #prescriptioncannabis #california

In this episode we are joined once again by Steele Smith III, co-founder of C3 International and Idrasil, the world's first cannabis prescription. In this episode Steele shares his personal and painful story that lead him to be a leader in the prescription, medical cannabis. Steele recounts the 6 raids from the DEA and how he came to count on the annual 'October Surprise'. The raids were friendly and non-hostile (with the exception of the first one). Bottom line of the raids, no convictions, all charges dropped! This is a true description of the problems of conflicting Federal and State laws facing the cannabis industry, even medical and prescription cannabis.

A recent article by Total Prestige Magazine that featured Steele, titled the article as "The Disruptor. Steele Clarke Smith III, Pharmaceutical CEO. Pain Market Dominator". After you watch this episode of Answers That Count, you will understand this title and truly appreciate what Steele has done. Like many people that achieve great success, their drive and determination and heights of their success is based on a personal hardship. The hardship can take many forms. See the pain and health hardship of Steele and how he is overcoming this pain not just for himself, but for the multitude of patients that need relief and an alternative to relief drugs with terrible side effects, like opioids.

#mca, #finance, #payday

When cash is tight and businesses are desperate for survival, Merchant Cash Advance provides immediate cash to live to fight another day. However, the 'life' they provide can be short-term and usually leads to stacking of more MCA loans. Normally, the first MCA loan creates a violation of terms of pre-existing loans.

MCA loans is a unique financing tool and is similar to the pay day loans, which are loans available for the individuals. Or, at least they were at one time until most states made them illegal. These type loans have been made illegal to the individual consumer because they have usurious rates. And, the MCA loans have similar qualities with rates (if you are able to calculate the rate) over 50% to over 1,000% APR.

In today's episode, we are joined by Marc Mellman of MCA Stacking Solutions https://mcastackingsolutions.com/. Marc's career has been in various capacities in the finance industry. From the traditional bank industry, then to the factoring industry, and most recently he has provided consulting services to businesses that have executed MCA agreements and need help to work out of them. Check out this episode for valuable information about how to survive and get out of MCA agreements.

#covid, #liability, #tips

In this episode, we are joined by Dean LeBoeuf, founder of the Brooks LeBoeuf https://www.toomuchatstake.com/ law firm to discuss the legal implications to businesses caused by COVID. The fear can be so overwhelming that businesses don't re-open. Dean breaks down the risk into different categories and provides some simple tips to mitigate the risk a business owner may believe they might have.

Check out this episode for a big dose of 'stay calm and carry on'. If you own a business or manage a business, this is a can't miss episode.