Archive for February, 2009
Have you seen us in…
We Don’t Need More Tax Cuts
Republicans in Congress seem pretty sure that tax cuts are the way out of the recession, and they want to see more in the stimulus package that goes to the president’s desk. But when they go to vote on the package today, they’ll likely be taking the country in the wrong direction: Americans need more government spending, not more tax cuts.
Screwed: 900 at FedEx Freight
A daily review of the employment fallout around the country.
FedEx Freight cuts 900 jobs…Kansas-based Black & Veatch, the area’s largest engineering firm, to shed 140 employees…Dartmouth College lets go 60…Stanford Graduate School of Business cuts 49…
Recession Briefing 2.10
What you need to know today to survive and thrive in the recession.
Professor Obama’s First Seminar (Slate)
Calm, cool, and commanding. Slate’s John Dickerson thinks the president ran his prime-time press conference like a grad-school class, schooling America in his stimulus plan and speaking in (wow!) complete sentences.
Recession Not Affecting Sex Lives, Survey Says (Fox News)
Consumer Reports magazine says that of those who are sexually active and willing to talk, 79 percent said their personal financial situation has not affected their frequency of sex. Five percent are even having sex more often.
Freakoutonomics (NY Mag)
Few are feeling the city’s economic pain as acutely as shopkeepers, restaurant proprietors, and small-business owners. Amid eerily empty sidewalks and race-to-the-bottom sales, the questions are: What will it take for them to survive? And how are you doling out your dollars?
The Incredible Shrinking Severance Check
When the check comes in the mail, it’s never as big as you imagined it would be. You were promised eight weeks, but the amount is closer to six.
Before your paranoia has you wondering whether you’re finally being penalized for illicit use of the office photocopier or swiping extra cream cheese packets from the cafeteria, you could try…
The Cure for Aeron Chair Withdrawal
We were barely able to write this post because we’re so busy doing Wall Angels. What are Wall Angels? Practically miraculous—and free—posture-picker-uppers, perfect for new freelancers/consultants/employment-challenged individuals who are hunched over their dining room tables.
R.I.P. to Employer-based Health Care: Author Matt Miller Talks to RW
Has America has been in the thrall of “Dead Ideas”? That’s how Matt Miller sees it, and his book is a showdown with conceptual baggage that weighs us down. The Tyranny of Dead Ideas exposes outdated ways of thinking, from the notion that companies should provide health care and pensions for workers to the modern antitax obsession. Some of these Dead Ideas were born during an era when American businesses faced little global competition. Others grew out of the self interest of a small number of people who don’t want to share society’s resources. Miller, a leading business and political thinker and author of The Two Percent Solution, talks to Recessionwire about “Dead Ideas” we need to chuck and “Destined Ideas” we ought to embrace.
RW: Which Dead Idea do we most urgently need to get rid of?
Lemonade Maker: Chris Hand, Personal Marketer
Profiles of people who turn economic lemons into lemonade.
This week’s Lemonade Maker: Chris Hand
Location: Upper West Side, New York City
Before recession: Running a visual communications agency and recruiting marketing executives.
Now: Building CareerHandlers, a personal marketing agency designed to help job seekers launch professional campaigns.
Out on the Street: A Day in the Afterlife
Each week, “Joe the Trader” chronicles his experiences with life after Wall Street.
For eleven years, I was short on time—or at least I told myself that. Now time is what I got. Welcome to January 30th.
Screwed: 20,000 at Nissan
A daily review of the employment fallout around the country.
Nissan to pinkslip 20,000…Razorfish shaves off 70 employees…The University of Chicago Medical Center may shed hundreds of workers…
Recession Briefing 2.9
What you need to know today to survive and thrive in the recession.
Bull Market for Feng Shui Masters (WSJ)
Praise to the King Money Frog in the Year of the Ox. Feng shui masters are finding a receptive audience for financial matters after a year of massive losses for banks. In Hong Kong, seeking tips from practitioners of Chinese cosmetology is widely accepted.
What recession? Grammy red carpet sparkles (Newsday)
The recession means belt-tightening for many, but few in the music industry are having to hock their sequins or gold grillz. Not yet, anyway, if the red carpet arrivals at last night’s Grammy Awards are any indication.
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