Weekend Report, II
A good time was had by all at the Birthday Party!Books:
Read: Darwin Awards, Next Evolution; What Would Jackie Do?, which contains guides for living from Jackie Kennedy's examples; All Too Human, about the Kennedys, The Curious World of Christmas by Niall Edworthy, and The Big Squeeze: Tough Times for the American Worker. Excerpt:
“One of the least examined trends in the US today is the broad decline in the status and treatment of American workers. Health coverage, pension benefits, job security, workloads, stress levels and wages have grown worse for millions of workers. A disconnect has emerged, with corporate profits soaring while workers’ wages stagnated. Even though corporate profits doubled November 2001-2008, and even though employee productivity has risen more than 15 percent since then, the average wage for the typical American worker has risen just 1 percent. With the sub-prime mortgage crisis threatening to pull the economy into recession, some economists say this may be the first time in history that the typical working household goes through an economic expansion without any increase in income whatsoever.”
Steven Greenhouse, The Big Squeeze, 2008.
Moo!
posted by The Topiary Cow at
7:28 AM
4 Comments:
Hmm. Does growing workforce + low rate of saving = high return on capital?
Hmmmm . . . I'm realizing that I know one of the people in this photo. Is this person you? (Topiary Cow - unmasked!!)
Gorilla: Apparently there is now a higher rate of savings, due to the extreme panic with which most people are regarding the economy!
If Cow could only predict a high return on capital, she would now be winging to a Congo stopover on the way to a Bahamas retreat.
Nicole: ah, you probably know the gorgeous and charming Lady of the Pink Birthday hat, whose party it was. Who is not, alas, a denizen of the Land of Topiary, but, rather, a good friend.
Moo!
You look more like a Topiary BABE than a Topiary Cow...... Lovely photo. No sign of food indulgence that I can see....
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