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Christina Aguilera
The global wage gap has been narrowing, but recent labor market statistics in the United States suggest the adjustment has not gone far enough.Real comforting to see something like this on the business page of the New York Times.
One indicator is unemployment, which has risen unexpectedly rapidly. The 7.3 million jobs lost are more than triple the 2 million during the 1980-82 recession. Some of that huge increase reflects the sharp decline in gross domestic product, but there could be another factor: the recession shows that many workers are paid more than they’re worth.
And
The big trade deficit is another sign of excessive pay for Americans. One explanation for the attractive prices of imported goods is that American workers are paid too much relative to their foreign peers.
The case against two former Bear Stearns hedge fund managers, Ralph Cioffi and Matthew Tannin, was the closest anything came to a trial over Wall Street’s role in the financial crisis. Their acquittal suggests that blame is not easily apportioned — and that mistakes, not conspiracies, offer the more likely explanation.Bullshit and propaganda I can understand in a rag like the Wall Street Journal (WSJ) now that is owned by Rupert Murdock. But the New York Times – The New York Times – ??? Geez!
Breakingviews.com is the world's leading source of agenda-setting financial insight. Breakingviews.com has 22 correspondents and columnists based in London, New York, Hong Kong, Paris, Washington and Madrid. Our aim is to become the lingua franca for the global financial community.Journalism in America appears to have been outsourced like every other honest real job that used to be on this soil. Now we only have “opinion-formers” for the MBA types in this case.
"Our real-time subscription service currently reaches around 15,000 financial professionals such as investment bankers, senior corporate executives, hedge fund managers, lawyers and private equity professionals. We reach a broader audience of nearly 4.5m investors and opinion-formers via columns in the following influential newspapers and magazines: The New York Times (USA), The Telegraph (UK), The International Herald Tribune, Le Monde (France), El Pais and Cinco Dias (Spain), Handelsblatt (Germany), La Stampa (Italy), NRC Handelsblad (Netherlands), Nikkei Veritas (Japan). Caijing (China) The National (UAE), The Business Times (Singapore), The Business Standard (India) and L’Agefi (Switzerland)."
May goddess flow again through
The dried-up riverbeds of human minds.
May she well up once more from the
Blocked springs of human hearts.
May she dance with courage in
Office blocks and railway stations and
Through virtual space around the world.
Dissolving hierarchies and creating
At last a genuine deep equality for
All members of the human race.
In human beings,"disease" is often used more broadly to refer to any condition that causes extreme pain, dysfunction, distress, social problems. Wikipedia