When planning for the long term really pays off
Some very far-sighted broadcasters thought to do a lot of smart things when putting KSL-TV's transmission tower at the top of a Utah mountain in 1952. They considered everything from coverage of the state to roadway access. And more than a half-century later, it's still operational. Decisions often last longer than we expect; those who make business decisions with a 50- or 100-year time horizon in mind ought to be applauded and encouraged. There's a lot of interest boiling right now over the economic problems facing the United States right now. But if all we do is concern ourselves with the short-term troubles and ignore or overlook the long-term decisions we're obligated to make, then we're only going to cause greater pain. Big problems, like inflation, under-investment in infrastructure, and an absymally low personal savings rate can only be managed if we think deliberately about what will happen in 10, 25, or 50 years -- or even a century.
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