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Beat the Press is Dean Baker's commentary on economic reporting. Dean Baker is co-director of the Center for Economic and Policy Research (CEPR).
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Yes, the NYT once again printed a really big number without any context to make it meaningful for readers. It told us in a headline of an article on efforts to craft a compromise between conservative and moderate members on a new health care bill, that the latest proposal adds $8 billion to cover the cost of providing care to less healthy people.
Is $8 billion a lot of money?
Well, one thing not answered in the article is the time period over which this $8 billion would be spent. Is this a one year number? Is it a ten year total? The article doesn't give an answer to this basic question.
To get some idea of the need, the average cost of treating the 10 percent least healthy people is more than $50,000 a year per person. This means that on an annual basis the cost of treating the 30 million least healthy people in the country would be over $1.5 trillion. Many of these people are getting Medicare, Medicaid, or employer provided insurance, but if one-third of them showed up in the high risk pools, then their costs would be over $500 billion a year.
In this case, if the $8 billion is a one-year figure, it will cover 1.6 percent of the cost of treating this population. On the other hand, if it is a ten-year figure it will cover 0.16 percent of the cost of treating the less healthy people who show up in high risk pools. Either way, it is a tiny fraction of the cost, but it would still be nice to know which one it us.Add a comment
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I took part in the March for Science a couple of weeks ago. (Okay, economics is not really a science, but I get angry when my government tries to stifle scientists reporting their evidence on global warming.) Anyhow, the rally was filled with speeches about scientific ideals: open, disinterested, reproducible research. Unfortunately, real world science often doesn't live up to this agenda.
It looks like we are going to get a lesson later this month on how politics interferes with science at the annual meeting of the World Health Assembly (WHA), the decision-making body of the World Health Organization (WHO). The Indian government has proposed a motion, which would have the WHO prepare a report on the research into the efficiency of patents as a financing mechanism for prescription drugs and vaccines compared with alternative financing mechanisms. The latter would include government sponsored prize funds and directly funded research.
The reason why this is an important and interesting question is that the current method of financing research by granting patent monopolies leads to situations where drugs often cost several hundred times their free market price. For example, the Hepatitis C drug Sovaldi has a list price in the United States of $84,000. A high-quality generic version is available in India for $300.
The result of these monopolies is that people struggle to cover the cost of drugs which would be cheap if sold in a free market. Even in cases where governments or insurers are supposed to cover drugs, many balk when the price runs into the tens of thousands or even hundreds of thousands of dollars, as is the case with many new cancer drugs. While the monopoly prices are a serious burden even in rich countries, they are altogether unaffordable in the developing world.Add a comment
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A Washington Post article on a bill passed by the House, which would allow employers to give workers time-and-a-half credit for overtime hours, instead of time-and-a-half pay, likely misled many readers on the substance of the bill. The very first sentence told readers the bill:
"...would allow private-sector employees to exchange overtime pay for 'compensatory time' off."
This is not true. The bill does not give the employee the right to say they would prefer compensatory time for working overtime, it gives this right to the employer. In principle, the worker is supposed to have the option to refuse the offer and say that they would instead prefer their overtime pay. However, the piece further misleads readers in the second paragraph:
"It [the bill] seeks to take a similar provision that has been available to government workers since 1985 and extend it to private-sector employees, making it legal for them to choose between an hour and a half of paid comp time and time-and-a-half pay when they work additional hours."
There is a big difference between public employees and private sector employees. Public sector employees cannot be fired at will, while private sector employees can be, unless they are covered by a union contract. While this legislation, in principle, protects private sector employees from being coerced into accepting time off in lieu of overtime pay, it is difficult to see how this could be enforced.
An employer can fire anyone for almost any reason at any time. While the bill does prohibit an employer from firing someone for refusing to take comp time, an employer can legally fire someone because their last name begins with the letter "B." This means that a worker who refuses to accept comp time can be fired over the first letter in their last name.
This could be contested in court, where the worker would argue that the actual reason was their refusal to accept comp time. Perhaps they could prove this, but the damages, even when doubled as required in the bill, would almost certainly not cover the cost of hiring a lawyer. This means that almost no one would use the legal system to protect their rights. If an employer fired one worker over this issue, the rest would quickly get the message.
If the Republicans actually wanted to make the prohibition on firing an enforceable right, the bill would require the employer to pay legal fees, if they lost a case. This requirement for civil rights cases is what makes enforcement of the civil rights laws possible.Add a comment
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The Congressional Progressive Caucus released its annual budget today (full plan here). If past patterns hold, it will likely be ignored by the media. Of course, the budget is not about to be adopted by Congress and signed by the president, but as a path forward it certainly is no less realistic than the various budgets put forward in past years by now Speaker Paul Ryan. These budgets effectively called for the elimination of the whole federal government except the military, Medicare, Medicaid, and Social Security. Nonetheless, the Ryan budgets were taken seriously in Washington policy circles and even earned him a "Fiscy" award from a coalition of Peter Peterson-funded groups.
The budget outlines a progressive agenda for the next decade. Put simply, it cuts what the Republicans want to expand (i.e. military spending) and increases what the Republicans want to cut, such as funding for universal pre-kindergarten, Social Security, and health care spending. There is much there and I encourage people to read the EPI summary to which I linked. I will pick two items that I want to highlight.
First, the budget proposes $2 trillion in additional spending on infrastructure and other public investments over the next decade. While this sounds like a huge amount of money, it is a bit less than one percent of GDP and it just gets spending in these areas roughly in line with long-term averages. It is worth noting that they propose to spend the money the old fashion way, through direct spending, not tax gaming like Donald Trump and the Republicans.
This is the way that we built the interstate highway system and the way we built subway systems in New York and Boston that are moving millions of people daily more than a century later. This is not a knock on the private sector. These and other infrastructure projects almost always rely for private contractors for the bulk of the work. But with upfront funding, we can see clearly where the money is going.Add a comment
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Both the overall and core deflators for personal consumption expenditures (PCE) fell in March. This brought the change in the core PCE deflator over the last year down to 1.6 percent. The Fed officially targets a 2.0 percent as an average rate. This means that it wants inflation to occasionally be above 2.0 percent in order to average out the times when it is below 2.0 percent. That should mean that it would want to see the inflation rate accelerate slightly to meet this target.
The Fed is widely expected to raise interest rates at least twice more in 2017 and quite likely three times. With inflation well below its target rate, it is reasonable to ask why?
Just to remind folks, this is not an argument about a baseball box score. The point of raising interest rates is to slow the economy and keep people from getting jobs. Also, by keeping labor markets weaker, higher interest rates prevent workers from getting higher pay increases. So, this does matter.Add a comment
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Amazon, which famously made itself into one of the world's largest retailers as a result of a massive government subsidy in the form of an exemption from the requirement to collect state sales taxes, is again looking for the government's help. The NYT reported that Amazon has taken out a patent on custom clothing ordering over the Internet.
It's not clear what rights Amazon intends to secure with this patent. If it means to secure the very specific process outlined in the NYT, then it probably wasted money by filing, since it would be very easy for a competitor to alter one or more of the processes detailed in the patent and therefore avoid Amazon's claim.
On the other hand, if the Amazon is claiming the exclusive right to make clothes to order over the Internet, then this is yet another great effort by a private company to use the patent system to stifle innovation. Selling made to order clothes on the Internet is what would ordinarily be viewed as an obvious innovation that is not patentable. (It's in the category of telling someone to turn left at the fork in the road to reach their destination. The driving directions are not patentable.)
While it might seem far-fetched to imagine that Amazon thinks that it can patent the right to sell made to order clothes on the Internet, the company did patent one-click shopping back in the 1990s. It has used this government granted monopoly to force competitors to pay it a fee for the last twenty years.
As Jeff Bezos knows well, it's always easier to rely on the government to give you money than to earn it in the market.Add a comment
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Steven Rattner went full Trump in his criticisms of Donald Trump's tax cut plans in a NYT column this morning. Essentially, Rattner blamed the 1981–82 recession on Reagan's tax cuts. The piece tells readers:
"For its part, the Reagan tax cut increased the budget deficit, helping elevate interest rates over 20 percent, which in turn contributed to the double-dip recession that ensued. The stock market fell by more than 20 percent."
This hugely misrepresents the situation in 1981. Inflation had reached double-digit rates at the end of the 1970s due to the jump in world oil prices caused by the Iranian revolution. (Millions of barrels of daily exports were removed from world markets.)
Federal Reserve Chair Paul Volcker was determined to reduce inflation to low single digit rates. He jacked up interest rates to slow the economy before Reagan was even in the White House. The federal funds rate peaked at just under 19 percent in December of 1980. This rise in the federal funds rate is what caused the recession and the stock market plunge. (The stock market subsequently soared. This was arguably a result of Reagan's tax cuts to the rich and corporations. The stock market measures the expected future value of after-tax corporate profits; it is not a measure of economic well-being.)
There are few, if any, economists who would blame the 1981–82 recession on the Reagan tax cuts. It is unfortunate that Rattner apparently feels he has to make this claim to argue against the Trump tax cuts.
It is also worth noting that Rattner's concern about the government debt is hugely misplaced. The ratio of debt service to GDP is around 0.9 percent, near a post-war low. By comparison, it was over 3.0 percent of GDP in the early and mid-1990s. This is the burden the debt places on the economy.
Rattner also ignores patent and copyright rents. This is an alternative way in which the government imposes burdens on the public to pay for items. At present, patent rents in prescription drugs alone come to close to $400 billion a year, more than 2 percent of GDP. This is the difference between the patent protected price of drugs and the free market price. Effectively, patent and copyright monopolies are privately collected taxes. An honest analyst would have to include the effect of these monopolies in assessing the burden the government is creating for taxpayers in the future.Add a comment
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For some reason the Washington Post has trouble just telling us what Donald Trump says and does. It instead feels the need to go beyond this to make all sorts of inferences that are not supported by evidence.
Tonight we are told in a headline that, "Trump guarantees protection for those with preexisting medical conditions — but it's unclear how." This should have been written "Trump says he guarantees protection for those with preexisting medical conditions — but it's unclear how."
Someone reading the headline quickly might have thought that Trump actually made some sort of guarantee of providing health care insurance to people with preexisting conditions. He didn't.Add a comment
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No, the Post would never try to read the president's mind to make Trump look bad. Instead it read Trump's mind to make him look good. The second paragraph of the lead article told readers:
"With an eye toward keeping his core promise of creating jobs and ramping up economic growth, Trump has fixated on tax reform as the next undertaking of his administration — an opportunity for him to land a first major legislative victory after repeated failures to pass a health-care package."
Hmmm, so the Post knows that the reason Donald Trump wants to eliminate the estate tax is to create jobs and ramp up economic growth, as opposed to save his children and those of other billionaires from paying billions of dollars in taxes? It's great they have such mind-reading abilities, otherwise we would might find it hard to believe, since eliminating the estate tax is likely to have no noticeable impact on growth.
In the same vein, Trump's proposal to create the mother of all loopholes, by allowing pass-through corporations to just pay a 15 percent tax rate (as opposed to the 39.6 percent tax rate now paid by high income individuals) was intended to give his family and other rich people an enormous tax break. The only job creation from this tax cut is likely to be in the tax shelter industry as the nation's rich restructure their income to show up in pass-through corporations.
We might say the same about Trump's plan to eliminate the alternative minimum tax. While this move is likely to score pretty much a zero on the job creation front, it would likely save Trump tens, if not hundreds, of millions annually on his tax bill.
Newspapers with reporters less skilled in mind reading would be stuck reporting on just what the president and his staff say and do. Thankfully, we have the Washington Post to tell us Donald Trump's real motives.Add a comment
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The Washington Post's article on first quarter GDP growth wrongly told readers that unusually warm weather slowed GDP growth in the first quarter. The rationale was that this lead to a decline in the use of electricity and heating compared with a normal winter, which meant less output. While I noted this fact in my own write-up of the GDP report, the drop in energy usage was more than offset by an increase in construction that was made possible by the mild weather.
Residency and non-residency construction rose at 13.7 percent and 22.1 percent annual rates, respectively. The former increase added 0.5 percentage points to the quarter's growth rate, while the latter added 0.55 percentage points. By contrast, the drop utility usage likely lowered growth by around 0.4 percentage points. (The release lumps it in with housing consumption, so it does not provide a direct measure.) This means that on net, good weather was almost certainly a net positive even before considering its impact on restaurant spending and other forms of consumption.
The major anomaly in the first quarter data was the slow pace of inventory accumulation, which subtracted 0.93 percentage points from growth. Pulling out inventories, the growth in final demand was 1.6 percent in the first quarter which is very much in line with the 2.0 percent average annual growth rate for the last six years.Add a comment
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Simon Lester took the time to write a thoughtful response to my often repeated complaint that we don't have free trade in doctors. The gist of his response is that trade liberalization usually results from the other party demanding more access to U.S. markets. In the case of doctors, we don't generally have foreign countries demanding that we make it easier for their doctors to practice in the United States, therefore there is little pressure to have liberalization.
A friend asked for my response, which I thought I would share below. Before getting to this, let me just respond again to a widely repeated complaint, that liberalization of professional services would lead to brain drain from the developing world.
As I always point out, we can easily compensate developing countries for the loss of the doctors and other professionals they train. We can provide enough money to train two or three doctors for every one that comes here and still be way ahead.
I realize that many people don't like this idea, but this seems more a matter of religion that anything based in the world. As it is, we already get many doctors and other professionals from developing countries and their home countries get zero by way of compensation. I am proposing a route that might double or triple the flow from the developing world, but provide compensation. In almost all cases I suspect that developing countries would come out way ahead in this story.
Anyhow, the response is below.Add a comment
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Much of the response to the tax cutting plans of Donald Trump shows us yet another illustration of the "which way is up?" problem in economics. The point is that economists can't even seem to agree on the most basic issues about the economy and the problems we now face.
I usually use the "which way is up?" problem to refer to the people who warn us about robots taking all the jobs. This is a theme that gets lots of air time in the media and is supposed to have us all very worried. There are two huge flaws in the story.
The first is that the robots taking all the jobs story is one of incredible abundance. It's one where we can have all the goods and services that we could want and not have to work for them. We should all be getting big pay increases and large cuts in hours. This will be just fine, since the robots will produce the goods and services that we want to buy with our larger paychecks.
There are slightly more sophisticated stories that can be told about the robots taking our jobs, but these don't really make the cut either. One is that robots only take the jobs of less-educated people. This is certainly not true as a matter of logic. Why can't robots do brain surgery? Is there any reason to think diagnostic software can't replace many doctors? There is no reason a priori to assume that robots and artificial intelligence will have more impact on the demand for workers with less education than workers with more education. And, the efforts to show empirically that this has been the case don't fly.
The other more sophisticated version of the robots taking all the jobs story is that it is a distributional issue, with money going from the people who work to the people who own the robots. The problem with this story is that people are able to own robots because the government gives them patent and copyright monopolies. If we are concerned about too much upward redistribution to robot owners, we can just make these monopolies shorter and weaker. This is not some huge technological problem confronting humanity, it is a problem of overly restrictive intellectual property rights.Add a comment
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The NYT had a major story about a ruling from a Chinese court requiring shoe manufacturers there to pay New Balance for using its logo on their shoes. The article repeatedly used the term "counterfeit" to refer to items that are similar to those produced by a major brand, but sell at a far lower price. This is inaccurate.
For an item to be counterfeit, the buyer must be deceived. In other words, the people buying the shoes with the New Balance logo must wrongly believe that they are buying New Balance shoes. From the article it appears that this is not generally the case. It tells us that the companies use names that are like New Balance, but are not New Balance. This is presumably telling consumers their shoe is similar to the one produced by New Balance, but it is not actually a New Balance shoe.
This distinction is important for two reasons. First, as long as it is clear that these shoes are not actually made by New Balance, the company does not have to worry that its reputation could be damaged by an inferior product. If the items were true counterfeits, then their poor quality would hurt the reputation of New Balance, which would be a real source of damage to the company.
The other reason the distinction is important is that the consumer is an ally in cracking down on actual counterfeits. In this case, the consumer is deceived because she paid a premium to get a presumably high-quality product, which she did not actually get. Consumers who are victims of counterfeits would be likely to cooperate with enforcement efforts.
On the other hand, consumers who knowingly buy unauthorized copies of major brands are benefiting from the opportunity to buy the copy at a lower cost than the brand product. They presumably are willing to trust the quality of the product produced by the knock-off manufacturer, given the savings. In this case, consumers have no reason to cooperate with enforcement efforts, since they will force them to pay more for the products they are buying.
It would be helpful if the NYT and other news outlets were careful to make the distinction between counterfeits and unauthorized copies in their reporting.Add a comment
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Donald Trump gets lots of things wrong, but he doesn't necessarily get everything wrong. On the link between budget deficits and trade deficits, Trump might be closer to the mark than the NYT.
The NYT rightly took Donald Trump to task for being lost in his trade policy. During his campaign Trump railed against NAFTA and repeatedly complained about China's currency "manipulation." Now that he is in the White House it is still not clear exactly what he hopes to do with NAFTA.
In the case of China, he has decided he is now good friends with China's president Xi Jinping after meeting with him earlier in the month. Trump apparently decided it would be rude to raise the currency issue with his new friend and instead settled for some Chinese trademarks for his daughters' clothing line.
Trump definitely deserves some criticism for this reversal, but the NYT editorial goes a bit overboard in telling readers that Trump's tax cut plan will make the trade deficit worse:
"Those tax cuts might increase growth somewhat, but history and many experts tell us it is far more likely that the tax cuts would explode the deficit and drive up interest rates as the federal government is forced to increase borrowing. Investors from around the world would then pour money into Treasury bonds, bidding up the value of the dollar, which would increase the trade deficit — $502 billion last year — as American exports become more expensive in the rest of the world and imports become cheaper. This in turn could cost jobs. Economists say that's exactly what happened in the 1980s when the Reagan administration and Congress drove up the federal deficit through tax cuts and increased military spending."
Actually, there is a very weak relationship between the budget deficit, interest rates, and the value of the dollar. While the dollar did rise a great deal in the early 1980s, arguably theis was at least as much due to Paul Volcker's interst rate policy at the Fed as the budget deficit. The dollar fell sharply in the second half of the decade following the Plaza Accord, in which our major trading partners agreed to try to bring down the value of the dollar. This is in spite of the fact that there was little reduction in the structural deficit over this period.
The biggest run-up in the value of the dollar occurred in the late 1990s, when the budget deficit was turning into a surplus, following the I.M.F.'s bailout of the countries of East Asia, after the 1997 financial crisis. Developing countries in the region and around the world began to accumulate massive amounts of reserves in order to avoid being in the same situation as the countries of East Asia. This accumulation of reserves caused the dollar to rise by more than 30 percent against the currencies of U.S. trading partners.
The trade deficit exploded in response, eventually reaching almost 6 percent of GDP in 2005 and 2006. The budget deficits of the 2000s almost certainly increased employment by creating demand in a context where there was a worldwide saving glut.
Given this history, and the fact that the U.S. economy arguably still has a considerable amount of excess capacity (the employment-to-population ratio for prime-age workers is still down by 2 percentage points from pre-recession levels and 4 percentage points from 2000 levels), it is far from clear that an increase in the budget deficit will lead to a higher dollar and a larger trade deficit.
Note: Typos have been corrected from an earlier version.Add a comment
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The Washington Post ran an article about a new study from the Congressional Budget Office (CBO) comparing the pay of federal government employees with their counterparts in the private sector. The study found that less educated employees tend to earn more in the federal government than in the private sector, while more educated workers on average earn somewhat less. On average, it found there was a small pay premium for federal employees. The article also notes several other studies with different findings, most importantly an analysis from the Labor Department that found the pay of federal employees lags the private sector by 38 percent.
It is worth noting the main reason for the difference in the two studies. The CBO analysis calculates private sector pay by looking at general categories of workers based on experience and education. By contrast, the Labor Department analysis tries to match up specific tasks performed by federal employees with their counterparts in the private sector. For example, the pay of a biologist working at the National Institutes of Health would be compared with the pay of a biologist working in the pharmaceutical industry. If done accurately, this methodology should provide a more accurate comparison.Add a comment
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The NYT had an article discussing various efforts to deal with companies shifting profits overseas to avoid paying the corporate income tax. The piece implies that we don't know how to ensure that companies pay taxes on foreign profits.
Actually, it is not hard to design a system where companies cannot avoid paying taxes on their foreign profits. If corporations were required to turn over an amount of non-voting shares equal to the targeted tax rate (e.g. if we want taxes to be equal to 25 percent of profits, then the non-voting shares should be equal to 25 percent of the total), then it would be almost impossible for companies to escape their tax liability.
Under this system, the non-voting shares would be treated the same way as voting shares in terms of payouts. If a company paid a $2 dividend on its voting shares, then the government's shares would also get a $2 dividend. If it bought back 10 percent of its shares at $100 a share, it will also buy back 10 percent of the government's shares at $100 a share.
Under this system, there is basically no way for a company to avoid its tax obligations unless it also rips off its own shareholders. In this case, it would be outright fraud and the shareholders would have a large interest in cracking down on its top management.
It understandable that those who don't want corporations to pay income taxes would be opposed to this sort of non-voting shares system, but it is wrong to say that we don't know how to collect the corporate income tax.Add a comment
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Yes, it's Groundhog Day. Republicans are once again claiming that tax cuts will spur enough economic growth to pay for themselves. Well, old-timers like myself remember Round I and Round II when we tried this grand experiment. It didn't work.
Round I was under President Reagan when he put in big tax cuts at the start of the presidency. These tax cuts were supposed to lead to a growth surge which would cover the costs of the tax cuts. Not quite, the deficit soared and the debt-to-GDP ratio went from 25.5 percent of GDP at the end of 1980 to 39.8 percent of GDP at the end of 1988. (It rose further to 46.6 percent of GDP by the end of the first President Bush's term.)
Round II were the tax cuts put in place by George W. Bush. At the start of the Bush II administration the ratio of debt to GDP was 33.6 percent. It rose to 39.3 percent by the end of 2008.
In addition to these two big lab experiments with the national economy, we also have a large body of economic research on the issue. This research is well summarized in a study done by the Congressional Budget Office (CBO) back in 2005 when it was headed by Douglas Holtz-Eakin, a Republican economist who had served as the head of George W. Bush's Council of Economic Advisers.
I commented on this study a few years back:
"In a model that examined the effects of a 10% reduction in all federal individual income tax rates, the economy was slightly larger in the first five years after the tax cut and slightly smaller in the five years that followed. In this case, using dynamic scoring showed the tax cut costing more revenue than in the methodology the CBO currently uses.
"The CBO did find that dynamic scoring of the tax cut could have some positive effects if coupled with other policies. In one set of models, policymakers assumed that taxes were raised after 10 years. This led the government to raise more tax revenue in the first 10 years because people knew that they would be taxed more later, so they worked more."
In short, Holtz-Eakin considered the extent to which tax cuts could plausibly be said to boost growth and found that they had very limited impact on the deficit. The one partial exception, in which growth offset around 30 percent of the revenue lost, was in a story where people expected taxes to rise in the future. In this case, people worked and saved more in the low-tax period with the idea that they would work and save less in the higher tax period in the future.
That is not a story of increasing growth, but rather moving it forward. I doubt that any of the Republicans pushing tax cuts want to tell people that they better work more now because we will tax you more in the future. But that is the logic of the scenario where growth recaptures at least some of the lost revenue.
Having said all this, let me add my usual point. The debt-to-GDP ratio tells us almost nothing. We should be far more interested the ratio of debt service to GDP (now near a post war low of 0.8 percent).
Also, if we are concerned about future obligations we are creating for our children we must look at patent and copyright monopolies. These are in effect privately imposed taxes that the government allows private companies to charge as incentive for innovation and creative work. The size of these patent rents in pharmaceuticals alone is approaching $400 billion. This is more than 2 percent of GDP and more than 10 percent of all federal revenue. In other words, it is a huge burden that honest people cannot ignore.Add a comment
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According to press accounts, Donald Trump seems prepared to put out a tax cut proposal that could net him hundreds of millions of dollars over the next decade. It probably won't do much to help the rest of us, but folks who were worried about whether President Trump would be able to pay off his debts should be relieved.
Here's the basic story. The word is that the Trump tax plan will include two measures that will personally help Trump enormously. The first is eliminating the alternative minimum tax. This is a special tax that is put in the tax code to ensure that people are not able to use loopholes to escape their tax liability altogether. The rate for very high income people like Donald Trump is 28 percent.
The second special benefit for Mr. Trump is allowing individuals to pay the newly lowered 15 percent corporate income tax on income received through pass-through corporations. The idea of a pass-through corporation is a neat concept in itself.
The government grants the benefits of corporate status as a mechanism to promote wealth accumulation. Corporate status includes a variety of benefits, but first and foremost it gives you limited liability. This means that if you do something incredibly stupid that results in enormous harm to large numbers of people (e.g. producing a drug that leads to birth defects), the corporation is liable only to the extent it has assets. The individual shareholders are off the hook. In other words, they don't have to worry about losing their homes and their retirement accounts to cover the damage their company has inflicted on people.
In the good old days, before the focus of economic policy was giving ever more money to the rich, the quid pro quo for corporate status was paying the corporate income tax. In this sense, the corporate income tax is a completely voluntary tax. Anyone is free to organize a company as a partnership in which the owners do have personal liability, and thereby avoid the corporate income tax completely.Add a comment
People In France and Germany Work Much Less Than in the U.S.: Important for Cross Country Comparisons
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The NYT had an article reporting on how the Pew Research Center had discovered work done by the Economic Policy Institute for a quarter century (the middle class is hurting). At one point the piece compares the United States with France and Germany:
"The United States, including the middle class, has a higher median income than nearly all of Europe, even if the Continent is catching up. The median household income in the United States was $52,941 after taxes in 2010, compared with $41,047 in Germany and $41,076 in France."
When making such comparisons it is important to note that people in Europe work many few hours than people in the United States. Five or six weeks a year of vacation are standard. In addition, these countries all mandate paid sick days and paid family leave.
According to the OECD, the length of the average work year in the United States in 2015 was 1790 hours. It was 1482 hours in France (17 percent fewer hours) and just 1371 hours (23 percent fewer hours) in Germany. While these comparisons are not perfect (there are measurement issues) it is clear that people in these countries and the rest of Europe are working considerably fewer hours than people in the United States in large part as a conscious choice. This should be noted in any effort to compare them.Add a comment
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I see Noah Smith is struggling to explain "the mystery of labor's falling share of GDP." At the risk of jeopardizing good paying jobs for people with PhDs in economics, let me suggest that there is no mystery to explain.
Noah's piece features a graph showing the labor share of GDP declining from a range of 64 to 65 percent in the 1960s and early 1970s to just over 60 percent in the most recent data. He then gives us several possible explanations for this drop. Let me give an alternative one, there was no drop or at least not much of one.
Suppose we look at the labor share of net domestic product. This is GDP after removing depreciation. This makes sense since deprecation is not something to be divided by labor and capital. It is the amount of output needed to replace worn out plant and equipment. The story since 1960 is below. (For those wanted to check the numbers, labor compensation comes from NIPA Table 1.10, Line 2; NDP from Table 1.7.5, Line 30.)
Source: Bureau of Economic Analysis.
As we can see, there is no pattern of decline over the last five decades. In fact, the labor share of net domestic product is higher today than it was in the sixties. The labor share did fall sharply in the Great Recession, but this seems easy to attribute to the extraordinary weakness of the labor market. The share is now recovering and my bet is, that if the Fed can be prevented from slamming on the brakes, the labor share will soon return to the levels we saw in most of the period from 1970 to the early 2000s.
Of course, this doesn't mean that there was not an upward redistribution of income, but rather that it was mostly from low- and middle-wage earners to high wage earners. The latter group including doctors and dentists, Wall Street financial-types, CEOs and top executives, and folks in a position to benefit from patent and copyright rents. (This is the topic of Rigged: How the Rules of Globalization and the Modern Economy Were Structured to Make the Rich Richer.)
So we should definitely be worried about the upward redistribution of income, but it is not a story of a shift from wages to profits. But undoubtedly we can keep many eocnomists employed for some time trying to explain something that did not happen.Add a comment
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It would have been worth including this point in an interesting column by Gretchen Morgenson noting how bank regulators remain close to the industry they regulate. The point is straightforward. If banks can make profits by writing deceptive contracts and finding ways to trick consumers, then they will devote resources to this effort, instead of concentrating on providing better services and reducing costs.
From the standpoint of the economy, devoting resources to ripping off consumers is a complete waste. It simply redistributes money from the rest of society to the banks. For this reason, people who care about economic growth should support measures that prevent predatory practices by the financial industry.Add a comment


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Not only can I say that, but over the holidays, one of my characters found out SHE can say it too! Up until now, everybody (including myself) thought it was over for her. Not so! The House on Evermore Lane is building up to a grand finale and this news really put a kink in […]Continue reading
I have had a problem with the storyline I'm currently mangling into a book. One of my favorite characters, Mina's aunt Rowan, who is by reputation a strong, spirited, feisty, independent woman… err, witch… dies before we get a chance to meet her. And even as I have written the story and been amazed and […]Continue reading
A friend of mine made a comment the other day about how much she talks to me in her head (and assumably, my head). I laughed and said something about 'background chatter'. Later, she wanted to make sure that she was not the reason for all the 'boxes piled up in my head.' And I […]Continue reading
This book is a rollicking adventure about a young witch whose been dropped (face-first, in her words) into a world she's only ever dreamed about. You'll laugh, be scared and have courage every step of the way with her. She'll remind you that while not every heroine is a legendary fighter, invincible or immortal, it's […]Continue reading

subset: commoncrawl


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Started in 1922 as a Swallow Sidecar Company, and the company changed its name from S.S. Cars to Jaguar in 1945. The company has since gone on to produce many iconic and beautiful luxury vehicles.
Through the years, Jaguar has passed through a number of hands, including British Motor Corporation, British Leyland and Ford. The car maker was bought out by Indian conglomerate Tata in 2008.
Photo galleries
News, Reviews, Features (Page 1)
- 2017 Jaguar XE SV Project 8 is wide body, carbonfiber madness
- 2018 Jaguar XF Sportbrake: Sexy wagon coming to the USA December 2017
- 2018 Jaguar XE, XF, F-Pace: New 197hp base 2-liter I4, twin-turbo diesel
- Jaguar I-Pace concept: Sexy electric SUV due 2018 to fight Telsa Model X
- X761 Jaguar F-Pace: First-ever Jag SUV premieres
- X761 Jaguar F-Pace side unveiled in production trim
- Jaguar F-Pace shown doing extreme weather testing
- Jaguar F-Pace shown in Team Sky Tour de France livery
- Jaguar F-Pace is the name of the company's first SUV
- GM, Audi, Jaguar Land Rover stop sales in Russia


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Outdoor spaces
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Despite its massive look, this structure is actually easy to assemble, requiring two people less than two hours. Photo courtesy of Fire Stone
Although summer provides us great time to be outdoor relaxing and entertaining, the glaring sun in the day can be brutal, so we all need a way to get out of the sun so that we can still spend relaxing time outside. Fortunately, there are many great ideas about how to block the sun for […]
If you love the look of hardwood and want to make your brutal outdoor space cozy and warm, you can create a beautiful wooden tile flooring for your garden, yard or balcony. Wooden tiles are great option when you want to add texture and interest to your small outdoor space; they will create an amazing […]
10 beautiful patios and outdoor spaces Love the privacy screens


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I love this place. I have business to take care of in Oxnard most weekends & I try to make a trip to Sabor whenever I go. I like the guacomole, the chips, the tacos....not just the fish ones, but the chicken, cane asada, and the lengue is good too!
A little bit of a dive but, really good food. Never had a bad meal there.
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CFC TV screenshot
CFC TV: "Let them sort out their own deals," says Mike Leach about Minnesota's messy boycott
Scout Wyoming Preps Top Stories
WSU's Mike Leach long-tenured in Pac-12THERE HAS BEEN substantial turnover in the FBS head coaching ranks the past two seasons -- 48 head coaching changes to be precise (37.5 percent). In the Pac-12, Mike Leach's five…
On Leach, 'safe and secure' misses the markLONGTIME SCRIBE Dennis Dodd of CBSSports.com has come out with his annual college football coaches hot seat rankings and he puts Mike Leach in the 'safe and secure' classification.
Mike Leach dusts off Twitter with fireworksMIKE LEACH doesn't take to Twitter very often. But Washington State's head man fired off several tweets on Thursday night on the heels of a USA Today article.
Is Leach a better coach? Athlon thinks soIS MIKE LEACH a better football coach than he was a year ago at Washington State? Athlon seems to think so.
Some strikingly prophetic words on Mike LeachMIKE LEACH and three other Pac-12 coaches were all hired within a few weeks of one another back in 2011. In the beginning of their respective tenures, the hand-wringing among a…


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No heaven?/A vengeful God?
Q I am 86 years old. I was baptized as a child, educated for 12 years in Catholic schools and am still a regularly practicing Catholic. Some weeks ago, I read a column of yours that absolutely floored me and my family as well.
Since I was very young, I have always been taught to believe that St. Peter is at the "Golden Gate" to meet us, but you say that there is no "specific" heaven. Then what have we been aspiring


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- Eritage resort prepares to open this fall in Walla WallaPosted 1 hour ago
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- Wahluke Slope a remote region popular with winemakersPosted 5 days ago
- Shane Collins leaves Tsillan Cellars to join Rocky Pond WineryPosted 1 week ago
- Washington Riesling not just a Ste. Michelle thingPosted 2 weeks ago
- Malbec shines under Columbia Valley's sunshinePosted 3 weeks ago
- Felicia Darwen joins Great Northwest Wine teamPosted 3 weeks ago
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Pinot Gris from both sides of Columbia River
For more than 15 years, Oregon has embraced Pinot Gris as its No. 1 white wine grape. Today, Pinot Gris is as strong as ever with Oregon winemakers.
Across the river in Washington, Pinot Gris plays a steady role as the distant No. 3 white wine grape, trailing Riesling and Chardonnay.
As recently as four years ago, Oregon and Washington made about the same amount of Pinot Gris. But since then, Oregon's interest in the bright white grape has surged, with winemakers crushing nearly 14,000 tons in 2014 (the most recent year that harvest numbers are available).
Regardless of what side of the Columbia River you get your Pinot Gris on, you will find delicious examples that pair beautifully with classic Pacific Northwest cuisine, including shellfish, salmon, baked chicken, Asian-inspired dishes and grilled vegetables.
Here are a dozen tasty examples of Pinot Gris from Oregon and Washington that we've tasted recently. Ask for them at your favorite wine merchant or contact the wineries directly.


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A student asked my opinion on why we get "so frustrated over 'stuff' all the time..." and "how can I be calmer like you...?" The short answer is it takes work, repetition and patience...lots and lots of patience. I've heard and done quite a bit of complaining over the years. Thankfully due to my practice, much less for me in the last ten or so. I've decided that in it's raw moment 'complaining' or frustration is simply a perception of a situation we've rendered ourselves powerless. Complaining doesn't give us clarity, rather it clouds the water and drains energy that we could have efficiently applied in visualizing a productive assessment that would create a foundation of action, resulting in an advantageous solution. Take the power back. Make a change. Stop holding on to a model of expectation. Let something go. Get out of the monkey mind and go home a different way (metaphor intended). Let your kid wear two different shoes if that's what'll make their heart sing. Say "no," say "yes." I've learned that saying "no" when I would normally have said yes relieved resentment & stress that apparently would fester for years. Take a walk in the rain--barefoot. Feel the muddy grass in between your toes! Crash on the couch with a book...a real book-no bright hues on a screen. You've "Liked" enough feel-good quotes here on fb, live just one of them-just one. You'll see how good it feels! Decompression before aggression or assertion allows for this process to take root. Huge changes can be nice but scary for some. Starting my day with small adjustments in perception has yielded considerable space in my ability to step back, assess and breathe on my own terms. Since I've decided happiness is a top priority, I no longer make my happiness a contingency plan.... as a result I found a lot less complaining--from myself and from others I keep company with. 'Complaining' can evolve into postulation--but teeters on a fine line. Making the effort to spin mud into clear water strips away the unnecessary peripheral layers. This leaves us open for a rebirth of any challenges with positive, productive solutions and endless possibilities... Does it always work...? You know what?, mostly it does...
3/12/2015 05:44:23 pm
I loved this! This line of thinking over the last 2 years has changed my life.
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Boundless Yoga Staff & Students
We are continuously interested on how our reactions and responses to our personal journeys, albeit travel, adventure, new job, etc. mirror and reflect our social, emotional and spiritual ups and downs. We try every day to apply what we learn about ourselves on the yoga mat to our personal lives. Thank you for tuning in as we share some of those aspects with you.
February 2017


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To contact Silent Weekend please email us at email@example.com
Silent Weekend is a voice off venue that welcomes people interested and involved in visual language. We have classes for those with no functional skill all the way up to and including those with native abilities. Classes are provided for RID members to earn CEU/ACET's. We also provide Professional Development Certificates. Come learn from some of the nation's top presenters. Participants from all over the country enjoy the atmosphere of camaraderie.
The 2018 Silent Weekend will be held at The Florida Hotel and Conference Center from Thursday, June 21nd to Sunday, June 24th.
Here is a quick look at this year's Silent Weekend.
For a more in depth look at the opening of this year's conference click on the link below.
Thanks to all who helped to make the 2017 Silent Weekend one of the best ever!
Every year after reading the observations we take some time to respond in an effort to make the workings of our event transparent and hopefully to provide insight to the weekend.
Below you will find our comments in a format that will hopefully allow you to easily find the issues that interest you.
First things first:
We apologize that the observation sheet was on the back of the professional development papers. When a presenter cancelled close to time to go to print we removed her pages but did not realize until too late that the shift caused the observation page to be situated in a way that one could not give observations anonymously if submitting the blue log for a certificate. We were happy that some realized they could submit comments by using the pink sheets or any paper to leave suggestions.
Lost and found: We came home with two zippered sweatshirts. I know one person stopped by the desk and gave a description of one which was brought to us later that day. If you are missing a sweatshirt and think it might be one we have, please send us a quick email describing it and we will mail it to you.
Changes we have planned for next year:
* registration will open earlier
Registration will open at 10 am on Thursday next year now that there are so many people coming to the pre-conference offerings.
* a schedule change
Next year we will have a 30 minute break after the 2:00 to 4:00 class and will have 4:30 to 6:30 classes at all levels. We have avoided this for years because paying 3 presenter for three classes from 6:00 to 8:00 is much less expensive than paying those three plus the eight more that this move will require. As we have shared many times, every change at Silent Weekend has the potential of raising the registration rate. The rate has stayed the same since 2012 while our expenses have continued to rise. If the weekend continues, an increase is eventually inevitable but we want folks to know that most suggestions for improvement come with a cost.
* more space between chairs
We plan to ask the hotel to set up the room with space between the chairs. We don't anticipate any problem with that request.
* smaller ladles for the chocolate
Whether you were ladling for yourself or the hotel staff was assisting, several plates ended up with more chocolate than desired. We will work with the hotel next year to find a solution.
*Nichole's whisper /gesture/text zone
Nichole Longo is the third partner of Silent Weekend. This event is a large undertaking and Mike felt that 30 years had been enough. To keep it going Nichole came on board to help out. She now knows as much as either of us since she transports, sets up and cares for equipment with Mike and works all year with me on registration, presenter communication, CEU work, Professional Development Certificates, finances, book design and website maintenance. She works well with the hotel staff; she is also responsible for trying to teach me how to set up a face book page (not an easy task). Please find us on Facebook at Florida Silent Weekend.
She has a BA in Fine Arts, a BA in Graphic Design, and is by trade an industrial welder….but she does not sign. For 51 weeks a year Mike is the only Deaf individual she interacts with and they understand each other perfectly. Several years ago when Mike and I had some health issues she began coming to the weekend to be sure both of us made it through. She always hid in the board room because she is more comfortable behind a welding hood than interacting with people.
When we no longer needed a large staff to help monitor CEUs I asked her to stay out front to help in a pinch. She agreed. Each year she has been out there she has endured several chastisements over the fact that she does not sign.
Next year we will situate her out at registration but in such a way that she is not part of the Silent zone. If any of you have a question and there is no one who signs(Mike, Carla, me) available, you are welcome to enter the Nichole zone (since she will probably have the answer) but you must whisper, gesture or text to her…again, she does not sign.
Changes you will not see next year…… and why:
Time issues:
Our schedule will remain in two hour blocks.
Why: Attention spans vary according to individuals. For those who recommended one hour, one and a half hour, and three hour classes we can only say we have tried other time frames in the past, and this is what has worked best for the largest number of people.
We will not be adding extra days (and why Thursday and Sunday are advanced only).
Why: Silent Weekend was traditionally from Orientation on Thursday night to the end of class on Saturday. That was the schedule, the "weekend", for 28 years. The afternoon class on Thursday was added in 2007 as a "pre-conference" bonus for those collecting CEUs. It is a gift; a pay back to the profession of interpreting.
Sunday was not added until 2009 when we had so many advanced signers attending that the hotel did not have enough rooms to put all the classes in on Saturday. The choice was to cap attendance or spill the advanced offerings over into Sunday. Should our beginner and intermediate numbers ever grow to that extent, there will then be Sunday offerings for them as well.
We will not do away with evening classes.
Why: Our event is set up so that there is a wide variety of hours and options available. The plan was never to have everyone go to everything. If you are a local attendee driving in daily, or if you are staying at a different hotel the evening classes may not be a good option for you, but many people do attend them and we are not going to deny them that opportunity.
Hotel set up and issues:
We cannot move the banners.
Why: The hotel has a policy whereby only hotel employees can hang and remove banners. The agencies that sponsor Silent Weekend earn the right to be recognized at the opening and throughout the weekend by having their banners prominently displayed. We will ask if the banners might be displayed next year in a way that is still eminently visible, but not a problem in any of the class rooms….stay tuned.
Chairs will not be set up in the round.
Why: While we understand the advantage of such a set up, it is unrealistic at a conference of this size. The largest head count for any session this year was 156. We also had sessions coming in at 113, 99 ,97, and so on. There is no way to set a room in a circular fashion for that many people so that each participant can see the power point and the presenter.
We will not be adding chairs to the rooms(unless registration numbers go up).
Why: Heroes Ballroom Salon 1 and Salon 3 were both set up with 120 chairs. The highest count in Salon 1 was 113. The highest count in Salon 3 was 99. There were enough chairs. The problem is that people who arrive early put bags, books, jackets, etc. on adjacent chairs and those coming in later are not willing to step over others to get to the vacant chairs. I entered the 99 head count class and asked everyone sitting next to a vacant chair to raise his or her hand. Every one standing in the back that wished to was able to find a seat.
We will not be having classes in the pool.
Why: This creative idea was proposed to us several years ago by a presenter. Being creative is not the issue. Hotel policy and insurance is. Only those registered at the hotel may use the pool. Not all our attendees stay at this hotel. We have no intention of limiting entrance into any of our sessions and a pool class would do so.
Lighting issues will remain (sigh).
Why: We address this every year. We have changed how the rooms are oriented, we have purchased drop lights, Mike has figured out how to turn the wall sconces off, we even tried a floor spot light one year (and that idea did not work well). Here is the story: Lights must be dim to see the power point, lights must be bright to see the presenter and participants, presenters move, participants are spread over a wide area. We STILL have not figured out how to solve this….all suggestions will be considered.
We will not be adding mirrors to the rooms.
Why: While the dance studio idea would be innovative we would have to figure out which rooms to put them in. Trust me when I tell you that we haul quite enough paraphernalia without adding anything as breakable as mirrors. My suspicion is that the hotel would frown on the idea anyway.
Program book issues:
The Table of Contents will remain in the front of the book.
Why: That is where it was and that is where it will stay because that is where it belongs. I think the suggestion actually meant to put the handout list in the front of the book. The handout list will stay in the back and here's why: Every "tweak" to the program book can throw the page numbers off. The handout list is the last page on purpose. It is the last thing we add to the book before we take it to the printer.
The Continuing Education Unit information will continue to be put on the schedule.
Why: The CEU information IS on the schedule. I ask whoever thought it was only on the workshop description blurbs to please go back and look at the schedule. The CEUs are marked after each evening class that is eligible and marked above the advanced section on the schedule each day.
We will not mark" NO CEUs" on the beginner and intermediate classes.
Why: Not everyone who attends Silent Weekend is an interpreter. Our beginning and intermediate participants may not know what a CEU is and many are timid about attending in the first place. We are not willing to label their classes with jargon with which they may not be familiar. If you are an RID member please establish the mindset that you should only look for CEU offerings in the advanced level. We occasionally have a presenter do the paper work to offer them at an intermediate class but it is rare.
The Professional Development Certificate log will remain different than the RID CEU tracking.
Why: The Professional Development log is for those coming to the conference that wish to have Silent Weekend email them a certificate of attendance when the weekend is over. It logs hours spent at the event during classes and activities. We often have nurses, administrative assistants, program coordinators, etc. that take advantage of this. Some employers give credit for the hours spent at an orientation or a social event. RID only gives credit for educational pursuit. If an interpreter wishes to have a certificate of attendance for a portfolio he/she is certainly welcome to fill out the paper, but the certificate has no connection to an RID transcript.
The program book will not be offered digitally.
Why: Once the program book goes into cyberspace any one can access it including those who have not come to the conference. The material in the book is the intellectual property of the presenters. If people could access it without coming to the conference then the number of paid participants could go down and the presenters would find less work.
Presenter/presentation/program issues:
Videotaping will continue to be banned at Silent Weekend.
Why: As we said, workshop material is the intellectual property of the presenter. I have asked most of the presenters and none has granted permission. I understand that if someone is funny, if the material is dense, or if you have a friend on stage, you might want to capture it, but please see it from a presenter's point of view. Once it has been videoed he/ she loses control of the work. If people can enjoy it on YouTube there is less chance that they will come to a conference and the less conference attendees, the less work for the presenter. Photographs are acceptable, but videotaping is not.
We will not be having panels of presenters.
Why: This is a money issue. Everyone who teaches for us is paid. To pay several people on a panel for the same session would undoubtedly have an impact on your registration fee. We do not have teams of teachers any more for the same reason. If you attend anything that has more than one presenter, the main presenter has made an arrangement with the co-presenter about how the remuneration will occur.
Presenters will not be granted CEUs for their workshops just because they are Deaf.
Why: We are well aware that there is a lot of learning going on in the workshops that are not receiving CEUs. The reason they are not receiving CEUs is that the presenter did not do the paperwork to apply for them. CEUs are only granted to workshops where the presenter has filled out an instructor form listing very specific educational objectives that are then deemed acceptable by the workshop sponsor (Silent Weekend is the host of this event, not the sponsor). If that is not done, or if it is done and not acceptable to RID, no CEUs are awarded no matter how good the teacher or the material is.
Ice breakers will continue to come and go.
Why: We change things every so often to see what works and what does not. As far as ice breakers, we have done them on three different years. One was quite successful, one not nearly so, and a third had a mediocre turn out. At this event ice breakers are a bit of a challenge because the skill spectrum is so wide.
We will not be instituting a "buddy system" nor will we semi-organize groups.
Why: We are certainly not opposed to experienced conference goers befriending a first time participant, but the idea of setting that up for 450 participants is daunting. That being said, if you come every year and notice someone who is not familiar to you that seems to be "wandering", please become an ambassador for Silent Weekend.
We have a message board for participants to communicate with one another and if you wish to meet with others in the food court, please feel free to contact attendees that way. We have our hands full doing what we are already overseeing and don't wish to take that on.
The jury is still out on having a "show".
Why: Many people come to Silent Weekend to earn CEUs. Entertainment is not approved by RID for continuing education units. Yes, I know you can learn a lot at a show but that is a battle you must take up with the national office. People still miss the ASL Improv show that took place on Saturday nights for years (for an extra fee). That was run by an outside company that piggybacked on to our event. We continue to discuss it and will let you know if we ever plan to have one.
Our program offerings will continue to change.
Why: We cannot offer everything every year. We have had a large variety of topics over the years offered by well respected individuals. Some of our past presenters have included: Daniel Burch, Peter Cook, Donna Drake, Antonio Goodwin, Len Roberson, Angela Roth, Keith Wann and there have been many more. We are happy to entertain all suggestions and we research every recommendation, but we also realize that for every new presenter we bring on, we must say good bye to someone who is presently on the team. We must do that from time to time for variety sake, but it is usually a hard decision.
Our website will continue to be the best place to find needed information.
Why: Letting it be known that Thursday's pre-conference workshops were for advanced participants was made clear on the schedule page and link, on the workshop link, and on the presenters' bio page on our website. Because orientation does not happen until 7:00 p.m. on Thursday there is no way to make that clear anywhere else. Please check the website for information before attending.
We will continue to allow presenters to run their classes their own way.
Why: For those who had suggestions on where the presenter's hand should be when fingerspelling from a platform, how much of the session should be activity versus lecture, how in-depth 'advanced' should be, how basic 'beginner' should be, how much movement should be required, etc…we want to let you know that if your comment was on a pink paper with a presenter's name on it, it will be mailed to him/her.
We hire professionals and in general we do not interfere with the style in which they choose to present. If the style is unacceptable to enough people, that presenter's attendance numbers will fall and we will reconsider his/her position on the team.
As a participant we hope you will exercise the autonomy to do (or not do) whatever will promote your comfort in a workshop. If you want to stand up and stretch, please do so. If you do not wish to answer, simply shake your head no and look down. There is no one on staff who would deny your request if you mentioned that you did not want to be called on or if you said you would be standing to stretch from time to time.
Miscellaneous issues:
The Fledgling class will remain on Friday and Saturday only.
Why: This class was set up to give those traveling with a participant in the general conference something to do, if they wished, during main conference hours. The price is incredibly low and we consider the money we lose on it every year as an advertising expenditure. We could not stretch the hours without raising the price and if we did that we would not be reaching the people we wish to reach. It may soon be time to reconsider this group, but at the moment it will remain as it is.
Name tags will remain as they are.
Why: Consistently keeping an eye on price, the present name tags are a compromise between inexpensive stick-on paper ones and the cost of the pocketed, zipper/velcro, pouches that then need paper printed inserts.
We will not be providing coffee for all day.
Why: For an eye opening break down of the cost of coffee at the 2016 conference please go to the FAQ link on our website. The price increased this year but even with last year's prices the cost of one coffee break for one hour was slightly more than $1,030. If you were to multiply that by the 15 hours that would be required for a full day on Friday, that would be $15,450. Saturday is a 12 hour day which would come out to $12,360. Sunday is a 5 hour day; that would cost $5,150.
So, providing coffee all day for Friday, Saturday and Sunday would be $32,961. Dividing that by 450 participants, the registration price would go up by $75 apiece to cover coffee…and many people don't drink coffee or tea at the conference.
A word of warning: We are discussing whether we need to forego having coffee/ tea in the future. People have begun to fill large mugs at the urns. This year we had to pay for more coffee just to get the original group, who lined up early, through the queue. The hot beverage is provided as a nicety, one that we will do without if that practice continues.
We will rely on the good will of attendees to observe the "silence" at Silent Weekend.
Why: We believe that most of our participants are respectful, intelligent and kind enough to understand that using voice during Silent Weekend may disturb another participant's experience. Some years are quiet, some are not, but we have no intention of instituting a policing group to remind people of the importance of remaining voice off. This seemed to be a particularly "chatty" year. I ask that if you return in 2018 you remain ever vigilant, especially during presentations, to keep your voice off and to move into a hall away from the common areas if you must make a call.
We are, as always, delighted that you joined us and we look forward to seeing you in the future. Thank you for all the kind comments and accolades that you sent our way. They were uplifting indeed.
Until 2018,
Mike and Maureen


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Hannah Fidell
Hannah Fidell was born as Hannah Margalit Fidell. She is a writer and producer, known for 6 Years (2015), A Teacher (2013) and The Gathering Squall (2011). See full bio »
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- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Much of the staff was smart and we were surrounded by books and music which was a plus (in 28 reviews)
employee discount, relaxed atmosphere, books (in 38 reviews)
The company went bankrupt otherwise I would still be there (in 15 reviews)
From paper chase to the cafe you couldn't go wrong (in 14 reviews)
I worked at Borders (Less than a year)
nice coworkers, good music, cool vibes.
horrible pay, company is dying
I worked at Borders full-time (More than 5 years)
Retail that didn't feel like retail.
Being forced to sell books b/c the company bought them in bulk.
I worked at Borders full-time (More than a year)
Good People, good employee discounts
low pay, terrible management, high turnover
Advice to Management
Listen to employees
I worked at Borders (More than a year)
employee discounts and interesting customers
stores go through managers like crazy
Advice to Management
I worked at Borders part-time (Less than a year)
Book discount., no dress code.
Low wages, some lousy managers. During a major snowstorm store opened.
Advice to Management
Treat all employees with some respect.
employee discount, relaxed atmosphere, books
low pay, no benefits, stuff
I worked at Borders full-time
The book discounts were fabulous. The free coffee in the cafe a nice perk but it was pretty lousy quality. It was Seattle's Best which had been purchased by Starbucks. Starbucks was the competing brand.
They were VERY slow on the online rollout with almost NO training on its use. The coffee was awful. Since the only people who bought the coffee were those who did not like Starbucks or just incidentally happened to be in Borders, it was often empty. Management made many poor decisions. In areas like the one where I worked specialty books needed to be available for the demographic and were not.
Advice to Management
I left in 2008. Your in-store employees truly knew much more than you did. Even before you went out of business, several years before we began the countdown. Value feedback from your employees more. They have value. Sometimes it's unpleasant but necessary.
I worked at Borders part-time
The culture, people and atmosphere were amazing
it closed down and book release parties
I worked at Borders full-time
Great working in the printed book industry
Bankruptcy. Company went out of business due to poor decisions.
Helpful (1)
I worked at Borders full-time (More than 8 years)
Much of the staff was smart and we were surrounded by books and music which was a plus. I had some great bosses
The leadership lost its way once the Internet became a factor. Not necessarily their fault but they made some big mistakes too
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text:
Final Audio Design FI-BA-SA Heaven C Review
The Final Audio Design FI-BA-SA is a slightly more conservative version of the FI-BA-SB, both in sound and appearance.
The Final Audio Design FI-BA-SA is a slightly more conservative version of the FI-BA-SB, both in sound and appearance.
The second revision of Fischer Audio's renowned DBA-02 finally matches the premium sound of the earphone with a premium feel, making a series of gains over the old version as a result of a new housing design, more durable cable construction, and improved accessory pack.
A much more reasonably priced alternative to the flagship MDR-EX1000, the Sony MDR-EX600 is a perfect look into the law of diminishing returns.
As is often the case with high-end in-ears, the Westone 3 is tailored to a specific listening preference with its powerful bass, clear and dry midrange, and shimmery treble.
Reviewed Nov 2010; 2010 single-ended version shown Details: Latest dynamic-driver offering from one of…
With such a widely revered predecessor and an even more easy-going sound signature, the new Ultimate Ears UE 900 is a high-end earphone for the masses.
Reviewed Feb 2011 Details: Two-way, triple-driver custom from Oregon-based 1964EARS Current Price: N/A (discontinued) (MSRP:…
The Westone 2 has arguably more mass appeal than any other dual-driver out there and is a good example of what many consider to be the 'audiophile' sound signature
Reviewed Apr 2010 Details: Triple-driver flagship from Japanese audio firm Audio-Technica Current Price: (discontinued)…
Starting at $399, the Alclair Reference is a mid-level custom monitor that combines a versatile sound signature with the usual isolation, fit, and customization options of a full-shell custom monitor.


text: Our all day child care program includes an academic curriculum that provides a range of age appropriate learning centers, group activities, individual instruction, and plenty of fun learning experiences. The children learn such things as shapes, colors, numbers, counting, letters and sounds, weather and season changes, listening and following directions, and pencil and scissor control. All children learn either sign language or Spanish. We follow all SC teaching guidelines for Infant, Toddlers, Preschoolers, and Kindergarten.


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Nightlife near Guanabara
London > Nightlife > Pubs
40 Great Queen Street, Covent Garden, London WC2B | 1 minute from Guanabara
Philomena's is an Irish themed bar and sports cafe on Great Queen Street, just two minutes walk from Covent Garden tube station. A great place... More
London > Nightlife > Bars
36 Drury Lane, Covent Garden, London WC2B | 1 minute from Guanabara
The reputation of the Benelux breweries precedes them and this themed bar captures the flair of Dutch cafe culture too. The impressive row of shiny... More
London > Nightlife > Bars
The Savoy, Strand, Covent Garden, London WC2R | 1 minute from Guanabara
During The Savoy's £220million refit the American Bar was barely touched, ensuring it stayed true to its traditional, sleek design that is synonymous with the... More
London > Nightlife > Bars
The Savoy, Strand, Covent Garden, London WC2R | 1 minute from Guanabara
The second of two bars in The Savoy, the Beaufort Bar is a glamorous affair. The bar continues the hotel's Art Deco theme with plush... More
London > Nightlife > Pubs
208 High Holborn, Covent Garden, London WC1V | 3 minutes walk from Guanabara
The flagship London pub of Yorkshire's oldest brewery, Samuel Smith, the Princess Louise has been carefully restored to her original Victorian layout complete with snugs,... More
London > Nightlife > Bars
224a Shaftesbury Avenue, Covent Garden, London WC2H | 3 minutes walk from Guanabara
The London Cocktail Club is a members bar but - luckily for us - it's not a very exclusive one; it's... More
London > Nightlife > Bars
35 Earlham Street, Covent Garden, Covent Garden, London WC2H | 3 minutes walk from Guanabara
Covent Garden "style" bar serving cocktails and a chilled out, trendy vibe. Considered to be one of London's original "style" or "concept" bars, despite being on... More
London > Nightlife > Bars
55 New Oxford Street, WC1A | 4 minutes walk from Guanabara
Flight Club set its sights on bringing darts out of dark, dingy pubs and into the 21st century and they've... More
London > Nightlife > Pubs
33 Rose Street, Covent Garden, London WC2E | 5 minutes walk from Guanabara
One of the oldest pubs in London, the Lamb & Flag was once known as the Bucket of Blood, thanks to the bare-knuckle fights held... More
London > Nightlife > Bars
1 Aldwych, Covent Garden, London WC2B | 6 minutes walk from Guanabara
Named one of the top five hotel bars in the world by the Sunday Telegraph, the Lobby Bar at the chic One Aldwych hotel is... More
London > Nightlife > Pubs
142 Shaftesbury Avenue, Covent Garden, London WC2H | 6 minutes walk from Guanabara
When Russell Norman, famed for Polpo and as The Restaurant Man on BBC2, opened his first pub in November 2013 it... More
London > Nightlife > Bars
6-7 Great Newport Street, Covent Garden, London WC2H | 6 minutes walk from Guanabara
The London Cocktail Club is a members bar but - luckily for us - it's not a very exclusive one; it's... More
London > Nightlife > Bars
20 Bedford Street, WC2E | 6 minutes walk from Guanabara
A former wine cellar, the Adventure Bar in Covent Garden is a subterranean den of delight, with cocktails, food, tunes and... More
London > Nightlife > Bars
2 Bateman Street, W1D | 7 minutes walk from Guanabara
Well known for its cocktails which come in quaint tea cups, Simmons is a quirky bar offering a tea party with a difference -... More
London > Nightlife > Bars
45 St Martins Lane, WC2N | 7 minutes walk from Guanabara
Set behind the facade of a boutique tea counter and a secret golden hand-shaped handle is Blind Spot ... More
London > Nightlife > Bars
45 St Martin's Lane, WC2N | 7 minutes walk from Guanabara
An oak-panelled snug at St Martins Lane , The Den is the perfect place to enjoy afternoon tea, curl up... More
London > Nightlife > Pubs
1 Queen's Square, Bloomsbury, Bloomsbury, London WC1N | 8 minutes walk from Guanabara
... More
Hotels Near
What's On Today
Near Guanabara
School of Rock
Theatre | Until 14th January 2018
Students at a prestigious prep school "stick it to the man" with encouragement from their substitute teacher - wannabe rock ...More
I Am Here: Portable Art, Wearable Objects And Jewellery Since The 1970s
Exhibitions | Until 28th August 2017
The Hospital Club 2 minutes walk from Guanabara
Exhibitions & Art, Design....More
Mariinsky Ballet: Don Quixote
Dance | Until 5th August 2017
Royal Opera House 3 minutes walk from Guanabara
The company performs a production of Petipa and Gorsky's exuberant classic based on the classic Spanish tale by Cervantes....More
Motown The Musical
Theatre | Until 28th October 2017
Shaftesbury Theatre 3 minutes walk from Guanabara
Telling the story of Berry Gordy, who went from being a featherweight boxer to Motown music mogul, Motown The Musical ...More
Committee... (A New Musical)
Theatre | Until 12th August 2017
The Donmar Warehouse 4 minutes walk from Guanabara
Hadley Fraser, Josie Rourke and Tom Deering have transformed the real-life event of the collapse of Kids Company into a ...More
42nd Street
Theatre | Until 10th February 2018
Theatre Royal Drury Lane 4 minutes walk from Guanabara
Broadway comes to the West End in 2017 with classic musical 42nd Street. Replacing Charlie and the Chocolate Factory, the ...More
Matilda The Musical
Theatre | Until 15th October 2017
Cambridge Theatre 4 minutes walk from Guanabara
The Royal Shakespeare Company's multiple award-winning musical adaptation of Roald Dahl's celebrated children's book Matilda is a big hit at ...More
A Trip Down Mercers Walk
Exhibitions | Until 30th September 2017
Bar Chocolat 4 minutes walk from Guanabara
Exhibitions & Art, Architecture....More
Prize for Illustration 2017: Sounds of the City
Exhibitions | Until 3rd September 2017
London Transport Museum 5 minutes walk from Guanabara
Selected by a panel of judges from over 1,000 submissions, these 100 entries shortlisted for the 2017 Prize for Illustration ...More
Beautiful - The Carole King Musical
Theatre | Until 5th August 2017
Aldwych Theatre 5 minutes walk from Guanabara
Marc Bruni directs the London transfer of the two-time Tony Award-winning Broadway musical, Beautiful - The Carole King Musical, which ...More
New on LondonTown
Erdinger Oktoberfest
Foodie Events | From 5th October
This autumn, German brewery Erdinger presents an authentic Oktoberfest experience in London. The brewery will ...More
Kew Science Festival
Exhibitions | From 4th August
Kew Gardens (Royal Botanic Gardens)
After launching last year, the Kew Science Festival is back this August. Taking over Kew ...More
BBC Countryfile Live
Exhibitions | From 3rd August
Leave the city behind and enjoy a day out in the country this summer at ...More
The CoffeeWorks Project
An independent family run business The CoffeeWorks Project showcases seasonal Single Origin brewed coffee and espresso, often with six or more variations (including decaf) to sample....More
The Jump Off
Concerts | On 31st August
The Jump Off returns to London this August after a three-year hiatus. Taking place at ...More
Miso grilled black cod taco on the new Scott Hallsworth menu at Freakscene....More
A Battle of the Bubbles: English Sparkling vs French Champagne
Foodie Events | On 1st August
Currently taking residence at Lights of Soho, Fiz ...More
Stoke Newington Overground Station
London Overground station on the Lea Valley, Hackney Downs - Cheshunt and Enfield Town lines in Hackney, London....More
Mint Gun Club
Specialising in delicious apeÌritifs, globally-inspired cocktails, fine teas and exotic delicacies....More
James Cochran N1
Second restaurant from James Cochran, former chef at the two Michelin starred The Ledbury, this ...More
Sorrento Terrace at Sartoria
Seasonal | From 4th August
In the heart of Mayfair, Sartoria's sunny terrace ...More
Bang Bang Oriental
London's biggest Asian foodhall. Over 20 food kiosks, bubble tea and seating for up to ...More
Percolate Open Air
Clubbing and Nightlife | On 29th July
After hosting parties in some of London's best clubs over the past five years, the ...More
The Coal Shed
The team behind The Coal Shed and The Salt Room in Brighton go from coast ...More
Lucky & Joy
From the co-founder of The Art of Dining, Chinese pop-up Lucky & Joy comes to ...More
The Grand Cork Experiment
Exhibitions | From 28th July
Renowned for their quirky and immersive events, sensory food experts Bompas & Parr have collaborated with the Portuguese Cork Association to present The Grand Cork Experiment. An immersive wine tasting like no other, it will ...More
From the owner of Casse-Croûte across the road comes a French cafe style restaurant full of French bistro classics cooked on the rotisserie....More
Shakespeare's Telling Tales
Kids Events | From 28th July
This week, Shakespeare's Globe hosts a weekend-long festival celebrating the joy of storytelling. Shakespeare's Telling Tales will include everything from talks with leading children's authors to practical workshops ...More
Pitch Stratford
Brand new for summer 2017, Pitch Stratford is an open air space in the heart ...More
Food For Being Looked At
Exhibitions | From 27th July
A new exhibition at The Photographers' Gallery, Food For Being Looked At explores the new ...More
Best Things to do in London for an Adventure
Kidult thrill seekers looking for an adrenaline ...More
Luxury Hotels in London
From historical grandeur to cutting edge contemporary, London is home to some of the ...More
Best Activities for Children in London
Children bouncing off the ceiling? Little ones got ...More
Best Small Museums in London
London's collection of small museums devoted to the ...More
Best Beaches in London
There's no need to leave town when you're in search of sand, feel the ...More
Best Places for Street Food in London
London's street food scene has really taken ...More
London Hotels
From cheap budget hotels to luxury 5 star suites see our discounts for Guanabara hotels, including Hilton London Metropole Hotel from 52% off.


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The village of Bildeston lies in Babergh, Suffolk and had a population of 1,054 in 2011. A village was said to have existed on this spot as many as 1,100 years ago, and in the past Bildeston was known for its manufacture of blue broadcloth and its wool trade. Today, this sleepy village is a commuter hub for the surrounding area, and although you may be able to find injury solicitors in Bildeston, you may struggle to find those who specialise only in personal injury law. With over 16 years' industry experience, Accident Advice Helpline's lawyers don't deal with any other area of the law, and we have a great track record when it comes to getting members of the public the compensation they are entitled to.
Why you don't need injury solicitors in Bildeston
Our team of lawyers covers the whole of the UK, so whether you have been injured in Bildeston or somewhere else, you can make a claim with us and benefit from our expertise and knowledge. There's a three-year time limit in place to make a claim, whether you've been injured in a workplace accident or suffered injuries after an accident in a public place, so it's best not to waste time hunting for local injury solicitors in Bildeston. Accident Advice Helpline's lawyers can help you on a 100% no-win, no-fee basis, which means there are no upfront fees to worry about and anybody can afford to make a claim. If you've taken time off work after your accident and your finances have been affected, you don't need to worry about how you will afford to pay the legal fees when it comes to claiming personal injury compensation with us.
Have you been injured in Bildeston?
Accidents have the potential to happen anywhere, at any time, and if you have been injured in Bildeston then you're not alone. It might be that you suffered a head injury after a road traffic collision in the village centre. Or maybe you slipped on a wet floor in the local shop and sprained your ankle. In both these examples, somebody else could be held liable for your injuries and ordered to pay you personal injury compensation. In the first example, the other driver could be responsible for your accident, while an accident in a shop could be the fault of the shop owner, who should ensure that their premises are safe at all times. Whether you've suffered minor or more serious injuries, you could get in touch with us to find out if you're eligible to make a claim.
Contact us for confidential advice
Accident Advice Helpline exists to offer confidential, no-obligation advice to anybody considering making a personal injury claim. This means you can call us at any time after your accident and receive advice from our expert advisors, without feeling pressured into proceeding with a claim. If you need to speak to somebody or have questions you need answers to, just call our freephone helpline on 0800 689 0500 (or call 0333 500 0993 from a mobile) to find out more.


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Base Salary
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Assistant Manager, Treasury salaries at Hyundai Motor Manufacturing Alabama can range from $68,172-$75,010. This estimate is based upon 2 Hyundai Motor Manufacturing Alabama Assistant Manager, Treasury salary report(s) provided by employees or estimated based upon statistical methods. See all Assistant Manager, Treasury salaries to learn how this stacks up in the market.
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text:
Modern large bathrooms
Explore related topics
Ali Budd Interiors - Chic black and white modern bathroom boasts a seamless glass walk-in shower fitted with a marble floating bench fixed against large white beveled subway tiles above marble hex floor tiles.
Grey and cream tiled modern bathroom | Spa style bathroom ideas | Bathroom | PHOTO GALLERY | Housetohome.co.uk
Give your bathroom a fresh new look with our Brisbane 5 Piece Modern Suite. The bath is available in various sizes. Available at Victorian Plumbing now.
Design Double Sided Walk In Shower Enclosure in Design | Luxury bathrooms UK, Crosswater Holdings
This one level shower is sleek and contemporary. Love the large format tiles to minimize grout joints
Bathroom Inspiration: The Do's and Don'ts of Modern Bathroom Design 7
Modern Scandinavian Bathroom Decor - Scandinavian Interiors
Inspirational Contemporary Bathroom Design
Pop of green in a gray bathroom
Amelia wall and floor tile from the Tileworks range by Original Style are a stand out choice for wall and floorings. Their stone effect contemporary look fits great in a modern bathroom or kitchen.


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Different investigate works have been carried out on gokshura which disclosed that this is a nephro-protecting, hepato-protecting drug. The decoction of its fuits and roots have found to be diuretic It also have Anti-Cancer and Lithotriptic homes.
However, when it will come to the certain situation of male sexual operate this product is meant to be very beneficial. Also the Tribulus contained in this item is explained to perform to maximize Alpha Genix concentrations, and scientific tests have demonstrated that these all-natural elements can indirectly boost concentrations of this hormone.
AlphaGenix Testosterone Booster
Vitrix has the adhering to substances: Tribulus Terrestris, Avena Sativa, Epimedium, Vitex Agnus Castus, Eurycoma Longifolia Jack and several filler components that are also posted on the company site for client overview.
'If you are suffering from the symptoms of very low libido, you can test some important oils to increase testosterone level. You can include 10 to 15 drops of Clary sage to a cup of Epsom salt. Then increase this blend to the tub water in tub. Its anti-inflammatory element allows to debilitate all kinds of stress, fatigue and sore muscle mass. This oil is a bit costly for its euphoric attributes, while it is soothing and harmonizing in increasing libido by cutting down tension. Libido can be someway enhanced with an productive libido capsule.
Numerous of the speedy prescription drugs elevating T- phase are ZMA, Viraloid and Tribulus territory. These are the predominantly expected driving medicine that draw citizens ready to construct power speedy. ZMA is claimed to be reasonably protected anabolic steroid. It is bent with the aid of normal component and can enlarge the energy drive significantly. Athlete with impressive muscle mass edifice instructing takes it to enhance their competence. ZMA comprise vitamin B and mineral which make it reasonably fewer injurious. Viraloid is also an normal create complete from the extort of sterol flora.
Despite the fact that Anadrol 50 is not a steroid utilized in preparation for a competitors, it does assist additional than any other steroid in the course of dieting to manage the muscle mass mass and to permit an rigorous exercise session. A lot of bodybuilders hence use it up to about a person 7 days ahead of... competitors, fixing the difficulty of h2o retention by having anti estrogens and diuretics so that they will show up bulky and challenging when in the limelight.
Have you ever read about AlphaGenix strips? Testosterone Enhancer Strips are commonly made use of for dealing with signs of quite very low testosterone in adult males at the time their individual body methods you should not render any testosterone or possibly not lots of testosterone (hypogonadism).
Trilbulus terrestris extract is outlined as an extract of tribulus terrestris that is much better that the base herb. Tribulus terrestris extract is produced by utilizing an alcoholic beverages extraction approach. It amplifies the impact and energetic substances of the foundation herb. Popular extracts of tribulus terrestris that are on current market currently include things like ratios of ten:1 and twenty:one. When you are shoping for tribulus terrestris, unquestionably evaluate the extract ratios to make certain you are receiving a good quality item. Most men and women can choose up to 1.five grams of trilbulus terrestris for every working day with out any described aspect consequences.
To conclude, HGH hormone and Testosterone hormone are no doubt really valuable for men and women of all ages specially when they are getting older. They do greatly enhance excellent of everyday living. But they also convey side results alongside their quite a few added benefits. So it is significant to talk to a medical doctor or doctor prior to taking HGH or testosterone dietary supplements in order to keep away from their side consequences and to just take whole reward.
DHEA reaches its peek at the age of 20 but later on cuts down swiftly consequently at age forty five you actually have fifty% of your significant peek DHEA, and at the age of sixty five you truly have entirely 10-twenty% of what you had at age 20. As the mom of all hormones DHEA represents a wane in different hormones as Human Advancement Hormone, (HGH), Testosterone (in adult males), estrogen and progesterone (in women).


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Incredibly loud and feverish masturbation, usually by a male.
"I don't wanna go back to my dorm room right now, my roommate's been in there for an hour and it sounds like he's fighting the Kraken."
by Ben Abbott August 22, 2006
The Urban Dictionary Mug
One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.Buy the mug


text:
By Lee Lanier
Designed for busy Maya clients such as you, this advisor bargains dozens of how-tos, workarounds, and shortcuts culled from years of expertise in a fast moving, deadline-driven construction pipeline. You'll notice methods and timesavers on texturing debris, customizing Paint results brushes, modeling polygon faces, growing facial rigs with cord deformers, and masses more—and worthwhile full-color illustrations strengthen the strategies. From modeling, animating, and rigging to texturing and lighting fixtures, this publication may help you streamline workflow and increase your talents.
Read or Download Maya Professional Tips and Techniques PDF
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