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And ironically enough, I probably get to visit my family more often living in Europe than I would if I lived in, say, NY. The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
8/8/2002 timesizing in the news, aka glimmers of strategic hope - * Clocking out - Short work hours undercut Europe in economic drive - Culture that values leisure now finds it an obstacle; Jobs are going elsewhere - Taking 9½ weeks of vacation, by Christopher Rhoads, WSJ, front page. [Let's take this headline piece by piece -] ...Short work hours undercut Europe in economic drive [no, they underpin the European consumer base] - Culture that values leisure now finds it an obstacle [no, we're feeling envious]; Jobs are going elsewhere [like our's aren't?!] - Taking 9½ weeks of vacation [eat your hearts out, Americans!]
* Clocking out - Short work hours undercut Europe in economic drive - Culture that values leisure now finds it an obstacle; Jobs are going elsewhere - Taking 9½ weeks of vacation, by Christopher Rhoads, WSJ, front page. [Let's take this headline piece by piece -] ...Short work hours undercut Europe in economic drive [no, they underpin the European consumer base] - Culture that values leisure now finds it an obstacle [no, we're feeling envious]; Jobs are going elsewhere [like our's aren't?!] - Taking 9½ weeks of vacation [eat your hearts out, Americans!]
Impressively, as easily applicable to 'house work' and other 'daily chores' as it is to one's business life.
Jerome -- I often salute the quality of your contributions, this one I salute in terms of its quality combined with brevity ... Bravo!
IMHO - corporate leadership is responsible for failure, company as a whole should be recognized for gains in profitability. Period in sales gave me the insight the profits come after the investment of time, effort and diligence. When your predecessor did a lousy job in business relations, it just takes time to develop the market potential. After a good job, your successor harvests the benefits.
USA WELCOME: Make Yourself Known @BooMan Tribune and add some cheers! 'Sapere aude'
No such thing exists. At least not enough to make it a rule.
America is about 15yrs ahead of Europe on the road of uncontrolled capitalism and counsumerism. The save very little IIRC <1% of GDP. The borrow excessively and have no job security ever since they decided that unions are BAD. They live in a credit-card bubble, constantly being afraid that it will burst.
Now. An average middle-class American family that has no savings, is in deep debt and buys junk on credit using their 20% (or more) interest rate credit cards, has no choice but to work, and work, and work. This is a society that cannot afford to try living on less. A day missed needs five to make up for it.
Now. An average middle-class American family that has no savings, is in deep debt and buys junk on credit using their 20% (or more) interest rate credit cards, has no choice but to work, and work, and work.
...unfortunately, there are a lot of people that fall into this description. And with down-sizings, if you have a job, you work more...that's a fact. Maybe "compelled" is a better word... "Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia
My first job was for a majaor national (now international) engineering & environmental consultancy, where the working week was officially 40 hours. Unofficially, if you couldn't bill enough of your hours to job nunbers, you were 'unproductive', no matter how many hours you worked. I worked one contract where I averaged just under 90 hours a week for 6 months without a day off. It was a joke that I should sleep in the office. Once that contract finished, because I had had no time to tender for other contracts, I had too little 'productive' (ie job time) on my books, so I ended up working 70 hours a week for over a year. I put up with it until I had saved enough to take a 2 year break, but the cost was my mind- I reached the point where basic tasks were extremely difficult and stressful.
My story is far from uncommon here, and most professional Australians are at the point of feeling guilty if they aren't working full hours, or staying at work at least one night a week to squeeze out that extra profitability. I now work in the Federal public service with vastly better conditions inclduing a 73.5 hour fortnight, but even amongst a culture famous for people clocking in at 3 past 9 and clocking out at 4.33 on the dot, vast numbers in our department are working long hours.
I hope Europe resists this madness and educates the rest of us. Myself, I learnt my lesson, and despite being at 'executive level' have a public policy of minimising my overtime, and do. The result is I get to arrive at work and go home at decent hours, rarely if ever work weekends, take time of in lieu after extensive travel, and have the same outstanding performance rating as my colleagues who all work overtime. "This can't possibly get more disturbing!" - Willow
oh yeah there it is ... what would I do without google...
and many of these are middle class people with (alleged) health insurance.
my biggest fears as a US worker are serious illness, or being laid off before the earliest retirement (pension available) age... either one could mean having to sell my home... I do have HMO health insurance through the employer but it has deductibles and gotchas and is sometimes slow to reimburse etc. only pays half of dental fees, blah blah.
and I always keep 6 months to a year of survival money in the bank, and seldom carry credit card debt over a month boundary. even those who try to live w/in their means and avoid debt can be afraid of suddenly losing most or all of their prosperity through medical expenses or litigation. it is all very Victorian somehow...
it must always be an unpleasant shock to lose a job or have a sudden medical crisis, no matter where you live... but in the US it brings a particular dread. Ehrenreich wrote a book about this fear at the heart of the middle class, Fear of Falling. I never actually read it but the reviews were fairly good. The difference between theory and practise in practise ...
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