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^ Productivity ^ [Effecacy Efficiency Economy]
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pharoah88
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29-Oct-2010 12:06
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Any BANK withOUT nOrmalised Interest Rate wIll nOt recOver. When Interest Rate is NEAR-ZERO, ecOnOmy is sIck and eXtremely FRAGILE, bank is at hIghest rIsk Of DEFAULT. STAY CLEAR OF NEAR-ZERO INTEREST RATE BANKS |
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pharoah88
Supreme |
21-Oct-2010 17:03
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Elderly and exploited Low-wage workers often subjected to unreasonable rules Letter from Arthur Lim I READ with sympathy the letter from Ms Jessie Chong about her father’s experience upon landing a job as a cleaner (“Clean up treatment of cleaners”, Oct 19). I am not surprised such treatment exists and could be commonplace, especially for senior citizens employed in the cleaning industry. I have met some elderly cleaners, working for a pittance, who told me that they are expected to remain standing throughout their work hours, even if their assigned areas are spotlessly clean. I once asked one such cleaner: “The toilet is so well maintained and there is nothing more to clean. Why don’t you just take a seat and rest for a while, and get up to clean the area when the need arises?” His answer: “No, I can’t because if the supervisor sees me I’ll be fined $50.” When asked, he told me he was paid about $800 a month. Imagine, if he sat down 16 times in the course of a month, he wouldn’t be paid a cent. What right does the cleaning company have to impose such a penalty? Of course, everyone likes a clean toilet but expecting a cleaner to stand still like a robot is clearly thoughtless exploitation. The authorities encourage the elderly to work into their golden years but more can be done to address such abuse. There must be legislation in place to ensure employers do not have the right to arbitrarily impose financial penalties. If such penalties are imposed there should be a limit to the fine, based on the monthly salary. Many employers get away with such rules because many of their workers do not know the legality of such practices, thereby opening the door to abuse. The authorities should take the lead to ensure such abuse is not condoned and act on it rigorously when a complaint is made about a company. |
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pharoah88
Supreme |
20-Oct-2010 18:56
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pharoah88
Supreme |
19-Oct-2010 09:31
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Clean up treatment of cleaners Letter from Jessie Chong I AM writing about the treatment that my dad encountered and I hope companies out there can review and improve the working conditions for cleaners.
My dad, a senior citizen, got a job two weeks ago as a cleaner at a school. [Is school MERITOCRATIC ? ? ? ?] He was supposed to start work at 8.30am and promised a salary of about $800. After two days, he was told to start at 7am to clean the toilets before the students and teachers arrived and his pay was reduced to $650. Subsequently, he was told to report to work by 6am to sweep the car park. The MRT service starts only at 5.28am and the earliest bus service is around then. There was no way he could arrive at work on time and the cost of taking a taxi — which we doubted his company would reimburse — would far exceed his salary. My dad had no choice but to quit. Without losing heart, he found another position as a cleaner at a five-star hotel. [Is a 5-STAR hotel MERITOCRATIC ? ? ? ?] The job interviewers said they did not have any black work trousers in his size (large). So, he went out and bought two pairs — only to be told the trousers should actually be blue. He had to buy new ones, spending $200 in all before even starting work. And when he reported for work? He was told uniforms would be provided. After a quick orientation, my dad was told to clean the BBQ area. As it was drizzling, he asked if he could do indoor cleaning first but was turned down. Without a raincoat or umbrella, he and another worker had to sweep the wet floor. He later felt unwell and said he could not continue working. Are these the sort of working conditions cleaners should endure? |
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pharoah88
Supreme |
09-Oct-2010 18:39
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Teleconferencing made natural
October 07, 2010 Thursday, 03:53 PM
Grace Chng experiences Umi Telepresence
IN SAN FRANCISCO I SAW Umi Telepresence when it was launched in San Francisco on Oct 6 in what was previously a bank branch office turned into an events centre. Cisco wants to work with other companies to promote HD video calls but this will take time for technical issues to be sorted out. |
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pharoah88
Supreme |
02-Oct-2010 15:12
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Working in an office stinks, doesn’t it? If home working is so great, why aren’t we doing it? As usual, it’s the boss’ fault
WORK stinks, doesn’t it? Or, at least, going to the office. The good news is, it doesn’t have to. Millions of us are doing jobs that could be carried out just as well at home.
“I can’t help feeling that our descendants will look back at us and think: ‘What on earth were they thinking?’,” says Ms Shirley Borrett, development director for the Telework Association, which promotes working from home.
Whether you call this teleworking, telecommuting or home working, it’s a growing market. Banks, call centres, councils, management consultancies, software companies, law firms, PR agencies: All are increasingly allowing their staff to do it at least part-time.
Telecoms giant BT, the pioneer in Britain in the ’80s, now has 65,000 flexible workers, of whom 10,000 do not come in to the office.
Ms Melanie Pinola, who writes about home working for About.com, says jobs that can be done remotely range from accountancy to telemarketing, via financial analysis, translation, data entry, graphic design, illustration, insurance, media buying, speech-writing, research, sales, travel agency, stockbroking, website design, writing and editing.
So how do you join the home-working masses?
You have a very strong business case — if you can persuade your company to listen.
Not only do home workers reduce the need for expensive premises, they are often vastly more productive. Some American studies have shown a 30- to 40-per-cent increase in productivity when people work from home.
Mr Noel Hodson, who was one of the key figures in home working, suggests that this is at least partly down to the removal of the daily commute: “What we found was that most of the time saved went back into work.
These workers valued their new way of working, and to protect it they did more work.”
And there are bonuses for society. Home working encourages a more diverse labour force, bringing in not just carers but those who have difficulty travelling because they are disabled or live in remote locations. Then there’s the reduction in pollution and greenhouse gases. WHAT ’S STOPPING US ? So if home working is so great, why aren’t we all doing it already? As usual, it’s the boss’s fault. Mr Hodson remembers trying to sell home working to a firm of engineers. “As I went through the economics, I touched on the thought that the company car wouldn’t be necessary any more — and the managing director reached across the desk and took me by the tie in a stranglehold ... It was his big shiny Jaguar that was sitting in the car park for seven and three-quarter hours a day.”
When it’s not their cars they are worried about, it’s their empires. If bosses can’t see what their staff are doing, how will they know that they are working?
“The last barriers are attitudinal,” says Ms Caroline Waters, BT’s company’s director of people and policy . “But it’s a real myth that you have control over what your people do just because they sit in the same location.”
“Presenteeism is a really poor performance indicator. It in no way gives the kind of productivity measure that you need to run a successful business,” said Ms Waters, who works from home at least one day a week.
Firms that embrace home working have to find some better gauge. Mr Mark Thomas is chief executive of Word Association, a PR consultancy that employs 13 people, all working from home.
“We’ve managed to come up with measures of performance that are more to do with output than with the amount of time that people spend at their desk,” he says.
The logical accompaniment to home working is a more relaxed attitude to working hours. “I’ve had managers say to me: ‘But they might go to Tescos (the supermarket) on Wednesday afternoon’,” says Ms Borrett. “To which I reply: ‘If you’re truly being flexible ... then what does it matter, so long as you’re getting whatever output it is you want?’”
“It all comes down to trust,” she adds.
“Trust that people are doing what they’re supposed to be doing, though not necessarily at the same time as they’d be doing it in the office.”
The last thing any manager needs to worry about is idleness, says Ms Pinola, who works at home in the United States. “You tend to overwork as a remote worker because you don’t want to appear to be slacking off.”
Will some employers abuse this? What do you think? The same technology that makes it possible to escape the office — mobile phones, laptops, broadband — makes it that much harder to get away from your boss.
First they give you a BlackBerry, then they start emailing you at 1am. But that’s true even if you work in an office, nine to five.
Whether or not we’ve agreed to it, many of us are already on call 24/7. IT MAY NOT BE FOR EVERYONE ... While you’re whipping your bosses into shape, don’t forget your nearest and dearest. Let them
Ms Pinola says: “My immediate family knows that when the door to my home office is closed, I am really busy. I try to have them imagine that I’m not even there.”
Is there anyone who shouldn’t attempt to work from home?
Well, yes: Anyone who doesn’t want to. For some, the office is important. It provides clear lines between work from home, a break from the family, colleagues to talk to and a creative environment.
Ms Borrett says of home working: “It’s not for people who’ve got a very young family and nowhere separate to work.
It usually doesn’t suit people who are in their early 20s and still living with their parents.
“Young people also want to get a social life out of their work life.”
Not, of course, that home workers have to feel isolated.
There’s no law that says you can’t call them into the office if you have one, or find some other meeting place.
Mr Thomas holds monthly production meetings for his staff “where we get together to work through every single client, every single job”.
In between, there are phone calls, emails, instant messaging. If you’re all logged on to MSN, you can swap little messages with your co-workers all day long. If you’ve got a smartphone, you can even do it when you’re at the supermarket.
Where could this all end?
Just imagine turning up at the office one day and being sent home with a flea in your ear:
“What the hell are you doing here? We don’t want you sitting around chatting and drinking coffee. You should be at home, working.” |
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pharoah88
Supreme |
02-Oct-2010 12:48
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As Tuition Soars Globally, Schools Face a Need for Frugality
By CONRAD DE AENLLE College tuition and other fees have risen for years in many countries, and the economic and financial crisis almost ensures that the trend will persist or worsen.
Students and their families will have to get used to bearing a greater share of the burden, the experts say.
But universities may be forced to operate more efficiently and frugally, they say, as those who pay the bills become smarter, more cost conscious shoppers.
Margaret Spellings, senior adviser at the Boston Consulting Group, a global management consulting firm, and secretary of education under President George W. Bush, blames government’s failure to demand more value for the money spent, and an elitism that she says is entrenched in academia.
“Affordability is an issue worldwide,” said Ms. Spellings, “People are up in arms. Tuition is going up, but an interest in reform is going up for the first time ever.”
Well before the crisis, the cost of a university education almost invariably advanced at a faster pace than the general level of inflation.
“There is no policy set up in any of our systems anywhere in the world to drive universities toward productivity and efficiency,” she said.
“We don’t collect any data. We don’t know what we’re getting for our money, and neither do students or taxpayers.”
Soaring demand for university places is also driving up costs, as is a desire by governments to accommodate the demand.
“Part of the problem in much of the world is exploding enrollments,” said D. Bruce Johnstone, emeritus professor of education at the State University of New York in Buffalo.
He said conditions were especially acute in developing nations.
And he cited a Western penchant for academic egalitarianism, in which higher university enrollments are sought as a matter of public policy.
“An expectation of an entitlement to participation in a research university is part of the problem,” Mr. Johnstone said. He noted that all secondary school graduates in France and Germany who pass a national examination are guaranteed university admission.
Tuition rose 106 percent between 1997 and 2007 at American public universities and 76 percent at private universities, to $7,171 and $30,260, respectively, according to the National Center for Education Statistics.
It is lower everywhere else, although it can be quite high relative to incomes, especially in the developing world. The 23 million students attending Chinese universities pay about $3,000 a year, Mr. Johnstone said; the government has warned that fees will go up.
Tuition in India varies, he said, but it works out to about $600 a year for average universities and much more for the elite technology institutes.
Chinese and Indian schools have no shortage of applicants, but in Japan, enrollments are shrinking.
The government in the middle of the decade began cutting revenue to universities by a percentage point or two every year. In return it gave universities greater autonomy in setting faculty salaries and tuition rates. The average tuition there is about $4,500.
Tuitions are assessed at much lower rates in Continental Europe, Mr. Johnstone noted.
“European countries introduce tuition fees amid enormous political controversy,” he remarked. Eventually conditions deteriorate and the authorities are forced to increase fees, he said, “and then everyone really screams.”
Official Europe has begun to accept the idea of tuition, with an important caveat. Dennis Abbott, the European Commission spokesman on education, pointed to “a distinct trend to increased cost sharing” between students and state sources, although he stressed that fees “should be supported by grants and/or loans to ensure that financing does not represent an undue barrier to participation in higher education.”
Higher tuition is not the only suggestion for closing the funding gap.
A 2006 report by the Center for European Reform, a London-based, centrist research organization, encouraged European universities to become more competitive and more entrepreneurial and, although it did not say so explicitly, more American.
The authors also recommended paying faculty on the basis of merit; lobbying aggressively with state and private funding sources, like alumni; and wooing corporate benefactors.
One way to improve affordability and productivity, Mr. Abbott said, is to make sure first that students at universities want and need to be there.
“Too many young people are embarking upon university careers but dropping out before completing their courses,” he said.
“This represents a missed opportunity, both in terms of the human potential of the individual student and in terms of the best value for money. Better advice and guidance, combined with improved support, including financial support, should be made available.”
For those who do attend college, there should be more flexibility, Ms. Spellings said. She said she expected an increase in “a la carte, hybrid, technology-based education,” in which students take courses in person, online and at times of their own choosing. “Consumers are demanding it,” she said.
“Things are starting to change, as prices have gotten so ridiculous,” Ms. Spellings continued. “People are starting to ask the right questions that would have been heretical five years ago. Universities have enjoyed their ivory tower status of being above it all, but they’re beginning to change and it’s happening worldwide.” |
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pharoah88
Supreme |
25-Sep-2010 18:30
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"QUOTE" “expertise” in obfuscating official statistics to mislead unsuspecting readers. Just saw this in the internet. WHAT is OBFUSCATING ? ? ? ? |
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pharoah88
Supreme |
25-Sep-2010 18:27
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pharoah88
Supreme |
25-Sep-2010 18:25
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pharoah88
Supreme |
25-Sep-2010 18:24
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![]() http://www.temasekreview.com/2010/03/16/misleading-st-article-on-first-rise-in-productivity-when-it-continues-to-decrease-in-2009/ Just came across this when searching for JEREMY AU YONG's article tittled A 'blanket ban' on casino ads [Saturday 25 Sep 2010] |
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pharoah88
Supreme |
25-Sep-2010 15:49
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DEPRESSION ? ? ? ? hIgh cOst Of lIvIng ? ? ? ? hIgh medical cOsts ? ? ? ? rIsIng cOst Of lIvIng ? ? ? ? rIsIng InflatIOn ? ? ? ? near zerO bank depOstIt Interest rate ? ? ? ? nO 50% senOIr cItIzen dIscOUnt at Age 56 ? ? ? ? |
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pharoah88
Supreme |
25-Sep-2010 15:42
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The more they are together, the happier seniors will be SINGAPORE A study of some 4,400 members of the PA’s Wellness Programme found that their participation rate increased from 11 to 56 per cent a year after they joined the programme. This is in contrast to a study conducted by the Institute of Policy Studies (IPS), which found that only 5.5 per cent of seniors participated in clubs or group activities. The PA said seniors socialise more because of its programme. While most did not have friends among their neighbours, more than six in 10 have made new friends. 33 per cent now know more than 10 neighbours. Madam Kok Poh Yoke, 64, who was undergoing chemotherapy, had slipped into depression and was suicidal, is a happier woman after joining Kreta Ayer’s Wellness Programme. “My outlook in life became better and I became happier,” she said. Now, Mdm Kok helps out at elderly care centres and ropes in her neighbours to participate in her line dance group. While the PA aims to reach out to half of all Singaporeans older than 50 to participate in the Wellness Programme by 2015, the Minister in charge of ageing issues, Mr Lim Boon Heng, stressed: “This is not a numbers game. PA cannot achieve it through a top-down, uniform cookie cutter approach. We must take into account the diversity among seniors and seniors-to-be.” In the future, seniors will have to organise themselves into various interest groups, volunteer their time and get things done for one another as they age within the community. Such “naturally occurring retirement communities” — evident in the United States — are being studied by policy planners here, Mr Lim said. “Such seniors feel empowered and are in charge of their lives. The question is how such communities can blossom here and revitalise the gotong-royong kampong spirit in the heartlands,” he added. While some constituencies here have had some success, Mr Lim noted the community has not had people who took the lead themselves. “That’s why we need Government or quasi-government organisations to facilitate. We intend to do some facilitation and get some people to do things for themselves,” he added. One such organisation, the Council for Third Age (C3A), will manage a new $20 million Go! Fund, which will seed innovative programmes, activities and groups for active ageing. — Latest figures rolled out by the People’s Association (PA) have dispelled a recent report that seniors here fall short on community participation.Leong Wee Keat Government aims to facilitate the growth of retirement communities |
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pharoah88
Supreme |
25-Sep-2010 15:31
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G7 > nO SOLUTION G8 >> nO sOlUtIOn >> mOre cOsts > > mOre tOUrs ? G20 > > > nO sOlUtIOn > > > mOre cOsts > > > mOre tOUrs ? G20 + nOn-G20 > > > > nO nO sOlUtION > > > > mOre mOre cOsts > > > > mOre mOre tOUrs ? ? G20 + nOn-G20 + 3G > > > > > nO nO nO sOlUtIOn > > > > > mOre mOre mOre cOsts > > > > > mOre mOre mOre tOUrs ? ? ? the mOre the merrIer ? ? ? ? the mOre the messIer ? ? ? ? nO end Of TALKS wIthOUt sOlUtIOn ? ? ? ? WHY can't they VIDEO SKYPE ? ? ? ? mOre tIme is spent travelling rather than RESOLUTION ? ? ? ? |
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pharoah88
Supreme |
25-Sep-2010 15:22
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Singapore receives G20 invitation SINGAPORE In a statement, the Ministry of Finance said the summit — the fifth meeting of the G20 heads of state and government — will discuss the challenges facing the global economy and measures to promote strong, sustainable and balanced global growth. It added that Singapore, as a major financial centre, has a particular interest in contributing to discussions by the group on global financial reforms, efforts to keep markets open and resist protectionism. Singapore, as a member of the informal Global Governance Group (3G), has also been supportive of the efforts of the G20 to develop a consultative, inclusive and transparent framework to strengthen international economic cooperation. The 3G, which comprises 27 United Nations member states was created more than a year ago to encourage the strengthening of a framework of engagement between G20 and non-G20 countries. — Singapore has been invited to participate in the G20 Summit in Seoul on Nov 11 and 12. |
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pharoah88
Supreme |
25-Sep-2010 13:14
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Forget What You Know About Study Habits Cramming the brain like a suitcase does nothing for learning. Psychologists have discovered that some of the most hallowed advice on study habits is wrong. Clear a quiet work space. Stick to a homework schedule. Set goals. Set boundaries. Do not bribe — the findings directly contradict much of this common wisdom. In fact, a few simple techniques can reliably improve how much a student learns from studying. For instance, instead of sticking to one study location, simply alternating the room where a person studies improves retention. So does studying distinct but related skills or concepts in one sitting, rather than focusing intensely on a single thing. “We have known these principles for some time, and it’s intriguing that schools don’t pick them up, or that people don’t learn them by trial and error,” said Robert A. Bjork, a psychologist at the University of California, Los Angeles. Take the notion that children have specific learning styles, that some are “visual learners” and others are auditory; some are “left-brain” students, others “right-brain.” In a recent review in the journal Psychological Science in the Public Interest, a team of psychologists found almost zero support for such ideas. “The contrast between the enormous popularity of the learning-styles approach within education and the lack of credible evidence for its utility is, in our opinion, striking and disturbing,” they concluded. Many study skills courses insist that students find a specific place, a study room or a quiet corner of the library, to work. The research finds just the opposite. The brain makes subtle associations between what it is studying and the background sensations it has at the time, the authors say. It colors the terms of the Versailles Treaty with the fluorescent glow of the dorm study room, say; or the elements of the Marshall Plan with the jade-curtain shade of the willow tree in the backyard. “What we think is happening here is that, when the outside context is varied, the information is enriched, and this slows down forgetting,” said Dr. Bjork. Likewise, varying the type of material studied in a single sitting seems to leave a deeper impression on the brain than does concentrating on just one skill at a time. Research also undermines the intensive immersion approach. Hurriedly jam-packing a brain is akin to speed-packing a cheap suitcase: it holds its new load for a while, then everything falls out. When the neural suitcase is packed carefully and gradually, it holds its contents for far, far longer. An hour of study tonight, an hour on the weekend, another session a week from now: such so-called spacing improves later recall. No one knows why. It may be that the brain, when it revisits material at a later time, has to relearn some of what it has absorbed before adding new stuff — and that that process is itself self-reinforcing. “The idea is that forgetting is the friend of learning,” said Nate Kornell, a psychologist at Williams College in Massachusetts and an author of a study on learning. “When you forget something, it allows you to relearn, and do so effectively, the next time you see it.” |
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pharoah88
Supreme |
22-Sep-2010 11:41
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pharoah88
Supreme |
22-Sep-2010 08:17
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# QUALITY RISK # SECURITY RISK # INTEGRITY RISK # OFF-GUARDITY RISK # CORRUPTION RISK # COMPLACENCY RISK # INCOMPETENCY RISK # NEGLIGENCY RISK # EXUBERANCY RISK # IGNORANCE RISK # CARE LESS RISK # DON'T DEVELOP INTERNAL TALENT # DON'T DEVELOP INTERNAL COMPETENCY # DON'T DEVELOP INTERNAL EDGE # OUTSOURCER IS LIKE A "MIDDLE-MAN OVERHEAD" WHICH WILL BE ELIMINATED SOONER OR LATER # WHY SHOULD CUSTOMERS GIVE ORDERS TO AN OUTSOURCER ? IF THEY CAN GO DIRECT ?
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pharoah88
Supreme |
22-Sep-2010 08:09
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pharoah88
Supreme |
21-Sep-2010 20:42
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When they say ‘we’, they mean ‘you’ paul krugman Anger is sweeping America. CRAZINESS HAS GONE MAINSTREAM The rage of the rich has been building ever since Mr Obama took office. At first, however, it was largely confined to Wall Street. Thus when Now, however, as decision time looms for the fate of the Bush tax cuts — will top tax rates go back to Clinton-era levels? — the rage of the rich has broadened, and also in some ways changed its character. For one thing, craziness has gone mainstream. It’s one thing when a billionaire rants at a dinner event. It’s another when When it comes to defending the interests of the rich, it seems, the normal rules of civilised (and rational) discourse no longer apply. At the same time, self-pity among the privileged has become acceptable, even fashionable. New York magazine published an article titled The Wail of the 1 Per Cent, it was talking about financial wheeler-dealers whose firms had been bailed out with taxpayer funds but were furious at suggestions that the price of these bailouts should include temporary limits on bonuses. When the bi l l ionaire Stephen Schwarzman compared an Obama proposal to the Nazi invasion of Poland, the proposal in question would have closed a tax loophole that specifically benefits fund managers like him.Forbes magazine runs a cover story alleging that the President of the United States is deliberately trying to bring America down as part of his Kenyan, “anti-colonialist” agenda, and that “the US is being ruled according to the dreams of a Luo tribesman of the 1950s”.A BELL IGERENT SENSE OF ENTITLEMENT Tax-cut advocates used to pretend that they were mainly concerned about helping typical American families. Even tax breaks for the rich were justified in terms of trickle-down economics, the claim that lower taxes at the top would make the economy stronger for everyone. These days, however, taxcutters are hardly even trying to make the trickle-down case. Yes, Republicans are pushing the line that raising taxes at the top would hurt small businesses, but their hearts don’t really seem in it. Instead, it has become common to hear vehement denials that people making US$400,000 ($534,000) or US$500,000 a year are rich. I mean, look at the expenses of people in that income class — the property taxes they have to pay on their expensive houses, the cost of sending their children to elite private schools, and so on. Why, they can barely make ends meet. And among the undeniably rich, a belligerent sense of entitlement has taken hold: It’s their money, and they have the right to keep it. “Taxes are what we pay for civilised society,” said Oliver Wendell Holmes — but that was a long time ago. The spectacle of high-income Americans, the world’s luckiest people, wallowing in self-pity and self-righteousness would be funny, except for one thing: They may well get their way. Never mind the US$700 billion price tag for extending the high-end tax breaks: Virtually all Republicans and some Democrats are rushing to the aid of the oppressed affluent. You see, the rich are different from you and me: They have more influence. It’s partly a matter of campaign contributions but it’s also a matter of social pressure, since politicians spend a lot of time hanging out with the wealthy. So, when the rich face the prospect of paying an extra 3 or 4 per cent of their income in taxes, politicians feel their pain – feel it much more acutely, it’s clear, than they feel the pain of families who are losing their jobs, their houses and their hopes. And when the tax fight is over, one way or another, you can be sure that the people currently defending the incomes of the elite will go back to demanding cuts in Social Security and aid to the unemployed. America must make hard choices, they’ll say; we all have to be willing to make sacrifices. But when they say “we,” they mean “you.” Sacrifice is for the little people. THE NEW YORK TIMES The writer is a professor of economics and international affairs at Princeton University. He received the Nobel Prize in Economics in 2008 .True, this white-hot rage is a minority phenomenon, not something that characterises most of our fellow citizens. But the angry minority is angry indeed, consisting of people who feel that things to which they are entitled are being taken away. And they’re out for revenge. No, I’m not talking about the Tea Partiers. I’m talking about the rich. These are terrible times for many people in this country. Poverty, especially acute poverty, has soared in the economic slump; millions of people have lost their homes. Young people can’t find jobs; laid-off 50-somethings fear that they’ll never work again. Yet if you want to find real political rage — the kind of rage that makes people compare President Barack Obama to Hitler, or accuse him of treason — you won’t find it among these suffering Americans. You’ll find it instead among the very privileged, people who don’t have to worry about losing their jobs, their homes or their health insurance, but who are outraged — outraged — at the thought of paying modestly higher taxes. |
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Useful To Me Not Useful To Me |