Timesizing® Associates - Homepage

hopes/dooms du jour,
December 2010 + 1/1/11

[Commentary] ©2011 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq PO, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE


    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Greene Co. moves some to 4-day work week, 1/1 Jacksonville Journal Courier via myjournalcourier.com
    CARROLLTON, Illin. - ..After months of discussions and no action, the Greene County board approved a four-day work week for the offices of county clerk, supervisor of assessments and county treasurer. State's Attorney Matthew Goetten reiterated that the county board statutorily only has the authority to set working hours for those three specific departments. For all other offices...the board authorized..a memorandum..reminding each department of the 20% reduction in each department's payroll..to help offset a $150,000-$200,000 shortfall the county is anticipating... - see whole article under today's date.
  2. Korea endorses 40-hour workweek, 12/31 KoreaHerald.com
    SEOUL, South Korea - ..The government has decided to ratify an additional four conventions of the International Labor Organization, including the adoption of the 40-hour workweek... - see whole article under today's date.
    [Welcome to the 20th century, South Korea!]
  3. Emiratis need career exploration - Negative attitudes towards private sector employment are due to lack of education about options, 1/1 GulfNews.com
    AL-AIN, United Arab Emirates - ..For his peers, Al Hosani believes shorter working hours and longer holidays are a priority... - see whole article under today's date.
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Everett employer feels the sting of past layoffs - State hikes premiums for unemployment insurance, 12/30 Snohomish County Business via snohomishcountybusinessjournal.com
    EVERETT, Wash. - ..Under the Shared Work Program, employee John Peterson is paid about half of what he would receive in an unemployment check. Together with the wages that Trepanier pays him, Peterson is able to earn enough for his house payment and other financial needs... - see whole article under today's date.
  2. Facts or Fallacies? Part II: In which Paul Krugman takes his lumps and eats them too while Jamie Galbraith runs afoul of the notorious lump-of-labor-fallacy fallacy, 12/29 Benzinga.com
    VANCOUVER. B.C., Canada - ..To be fair, when the facts change, Krugman changes his mind, as he did in November, 2009 when he endorsed Dean Baker's proposal for a work-sharing subsidy... - see whole article under today's date.
  3. Bad banking, public pay and lofty speeches -- so what's new? 12/30 Irish Independent via independent.ie
    DUBLIN, Ireland - ..O'Donoghue had advocated work-sharing and reductions in working hours. Griffin said that work-sharing increased business costs... - see whole article under today's date.
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, sun-tue, DEC.26-28, while the Great Depression replays as the 'great recession', and lest you think it's going away by itself, we give you first a dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see hope du jour below) -
    - editor's comments in [square brackets] – editor: Phil Hyde ecdesignr@yahoo.ca -


    MAKEWORK: too little, too late, too artificial, too arbitrary, too military, too eco-stressing in the news (archives) - all unnecessary with full employment via temporary worksharing & permanent timesizing -

  • From the Pentagon to the private sector - In large numbers, and with few rules, retiring generals are taking lucrative defense-firm jobs, 12/26 Boston Sunday Globe, A1.

    BANKRUPTCY tsunami in the news (archives) - staunched only by risky war or safe timesizing -
  • Bailed-out banks slip toward failure - Number of shaky lenders rises to 98 as loans pile up - Smaller institutions hit hardest, 12/27 Wall St Journal, C1.

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Strapped cities hit non-profits with fees, 12/27 WSJ, B1.
    [Oh-oh, could be the beginning of the end for "non-profit" corporations and their uncapped CEO salaries.]
  • Price of silver soars - Investor-fueled 74% gains dwarf gold - Race to open mines, 12/27 WSJ, A1.
    [Great. Now the unimaginably rich have TWO crisis metals to hoard their trillions in, instead of reinvesting in wages which would solve the crisis. Well, that will never happen until they're disciplined with a "labor shortage" (actually a balance of jobseekers and job openings) to level the playing field and unleash market forces in raising wages, reactivating consumers and restoring marketable productivity for sustainable investing, instead of ever more investment bubbles - and pops...]
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Principles of Kwanzaa, 12/27 Omaha World-Herald via omaha.com
    OMAHA, Neb. - Ujamaa (cooperative economics), shared work and wealth based on kinship with one another and the world... - see whole article under today's date.
  2. Worker Injured on the Job Claims He Was Fired for Seeking Accommodation, 12/28 HR.BLR.com
    SAN ONOFRE, Calif. - ..The appeals court said his claims should not have been dismissed on those grounds due to “work-sharing agreements” between the DFEH and EEOC that were in effect when Willis filed his state charges. Under the work sharing agreements, Willis’ DFEH charge was deemed filed with the EEOC... - see whole article under today's date.
  3. Korean Parents with Less Working Hours Are More Likely to Have Second Children, 12/26 Arirang News via arirang.co.kr
    WONJU, South Korea - According to a recent survey conducted by Korea's Sahmyook University, moms who worked less hours were more willing to have their second child than those who worked longer... - see whole article under today's date.
  4. BONUS clip - Early closing time for one county office sparks debate, 12/27 NewarkAdvocate.com
    NEWARK, Ohio -- The question: How many hours are there in a county employee's work week? Answer: It depends where exactly in Licking County government a person works...
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, fri-sat, DEC.24-25, as the Great Depression replays - oops, this time it's just 'recession' - and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • A unit of Dutch freight company A.P. Moller-Maersk agreed to buy the Brazilian oil interests of South Korea's SKEnergy for $2.4 billion, 12/24 Wall St Journal, A1 pointer to B3.

    HOMELESSNESS in North America (archives)- sooo unnecessary with full employment via timesizing -
  • Festivities, loneliness take hold in shelters, by Akilah Johnson, 12/25 Boston Globe, B1.
    BOSTON, Mass. - ..Volunteers will serve a Christmas feast with all the trimmings to about 500 people today..at St. Francis House. Shattuck Shelter in Jamaica Plain also plans to host a festive holiday dinner... And yesterday afternoon, on Christmas Eve at the Pine Street Inn..volunteers served a beef stew lunch to several hundred guests... The sounds of caroling..served as a painful reminder of what was missing: family...

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Season of lights not so bright, 12/24 WSJ, B1.
    Seasonal businesses like American Christmas, which installed this New York display [photo caption], have been struggling.
  • After three lean years, bankers hope 2011 is the real deal, 12/24 WSJ, A1.
    [Dream on. Bankers' hoarding is a big chunk of the problem.]
  • Credit Suisse is selling a $2.8 billion portfolio of soured commercial property loans to Apollo Management fopr $1.2 billion, marking the largest bank sales of distressed real-estate loans since the downturn, 12/24 WSJ. A1 pointer to C1.
  • Tax-cut accord stirs up notes of discord, letter to editor by Paul Lauenstein of Sharon MA, 12/24 Boston Globe, A10 ("nice catch" credit to colleague Kate).
    Many seem to think that tax breaks for all is a good deal for America ("Tax-cut deal wins final OK," Page A1, Dec.17). However, I think it's foolish to borrow money from other countries [like China] so that wealthy Americans can use it to A) slow down the economy by hoarding it, B) heat up the planet by increasing their conspicuous consumption [they have sooo much they can actually only spend a tiny percentage of it], or C) exercise their new right to buy elections so that they can get even more tax breaks to do more of A) and B).
    [The truth is, there's so much A) already that there's no hope of real recovery until we leach that megamoola out of the black hole in the top brackets by engineering a labor shortage with shorter workweeks and re-circulating that huge chunk of the money supply by forcing reinvestment in wages on a flexible market-oriented basis.]
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Six Neighborhood Service Centers close; others cut hours and seek volunteers, 11/25 BallardNewsTribune.com
    SEATTLE, Wash. - ..Ballard Neighborhood Service Center remains open but had to cut hours and is looking for volunteers... - see whole article under today's date.
  2. Reviving America's Animal Spirits - Recent Nobel Prize winner Dale Mortensen discusses the outlook for U.S. employment, 12/24 Barron's via online.barrons.com
    NEW YORK, N.Y.[?] - ..Germany allows for..work sharing, which in times like these may be a better way to go. Work sharing..means cutting layoffs by having workers collectively work shorter hours to share the pain... By cutting everybody's hours, you spread underemployment across the population... - see whole article under today's date.
    [Who says it's underemployment in the age of robotics? More likely we're all living in the past with a frozen precomputer workweek and gross overemployment for those who still have "full time" jobs.]
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, wed-thu, DEC.22-23, as the Great Depression replays - oops, this time it's just 'recession' - and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • December has been the busiest month for bank mergers and acquisitions in more than two years, with $6.25 billion in announced deals, 12/23 WSJ, A1 pointer to C1.

    vanishing RETIREMENT in the news( archives) - no problem with short-time full employment via timesizing -
  • Cities and towns facing unsustainable pension costs are turning to bankruptcy court, reshaping the debate over public-pension problems, 12/23 WSJ, A1 pointer to C1.

    BANKRUPTCY tsunami in the news (archives) - staunched only by risky war or safe timesizing -
  • Cities and towns facing unsustainable pension costs are turning to bankruptcy court, reshaping the debate over public-pension problems, 12/23 WSJ, A1 pointer to C1.
  • Unsealed documents in Accuride's bankruptcy case highlight how big investors have turned Chapter 11 into a lucrative trading game, 12/23 WSJ, A1 pointer to B1.

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • N.Y. accuses Ernst & Young of fraud in Lehman failure, 12/22 Boston Globe, B11.
    Firm's financial reporting questioned - Atty.Gen. Andrew Cuomo's lawsuit focuses on an accounting practice that shifted debt off Lehman's books (photo caption)
    The Ernst and Young case is spurring fresh scrutiny of the role of accounting firms in the financial crisis and raising questions on past "reforms" [our quotes],
    12/23 WSJ, A1 pointer to C1.
  • In a sign of foreclosure flaws, suits claim break-ins by banks, by Andrew Martin, 12/22 NYT, A1.
    TRUCKEE, Calif. - When Mimi Ash arrived at her mountain chalet here for a weekend ski trip, she discovered that someone had broken into the home and changed the locks. When she finally got into the house, it was empty. All of her possessions were gone: furniture, her son’s ski medals, winter clothes and family photos. Also missing was a wooden box, its top inscribed with the words “Together Forever,” that contained the ashes of her late husband, Robert. The culprit, Ms. Ash soon learned, was not a burglar but her bank. According to a federal lawsuit filed in October by Ms. Ash, Bank of America had wrongfully foreclosed on her house and thrown out her belongings, without alerting Ms. Ash beforehand...
    In an era when millions of homes have received foreclosure notices nationwide, lawsuits detailing bank break-ins like the one at Ms. Ash’s house keep surfacing. And in the wake of the scandal involving shoddy, sometimes illegal paperwork that has buffeted the nation’s biggest banks in recent months, critics say these situations reinforce their claims that the foreclosure process is fundamentally flawed...
  • The Greek government passed its austerity budget despie criticism from its ranks and a wave of protests, 12/23 WSJ. A1 pointer to A12.
    [Let's see. What else can we do to destroy our current and future consumers and erect another investment bubble higher in the clouds? Oh here's something -]
  • African farmers displaced as investors move in, by Neil MacFarquhar, 12/22 NYT, A1.
    ..Across Africa and the developing world, a new global land rush is gobbling up large expanses of arable land. Despite their ageless traditions, stunned villagers are discovering that African governments typically own their land and have been leasing it, often at bargain prices, to private investors and foreign governments for decades to come.
    Organizations like the United Nations and the World Bank say the practice, if done equitably [huh??], could help feed the growing global population by introducing large-scale commercial farming to places without it. But others condemn the deals as neocolonial land grabs that destroy villages, uproot tens of thousands of farmers and create a volatile mass of landless poor. Making matters worse, they contend, much of the food is bound for wealthier nations...
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Appeals Court: Walker Overstepped Authority by Imposing Shorter Work Week, 12/22 WTAQ via WHBL Sheboygan via whbl.com
    MILWAUKEE, Wisc. - A state appeals court said Governor-elect Scott Walker overstepped his authority as Milwaukee County executive, when he imposed a 35-hour work week... According to Walker, the union was saying it was better to lay people off than use a 35-hour work week to deal with budget problems... - see whole article under today's date. - see whole article under today's date.
    [Here's another suicidal worse-than-useless union, betraying its members, the workforce, the consumer base, the economy and the future. Only half the labor movement ever understood that shorter hours and labor shortage was their power lever - while higher pay was their suicide pill. If they could only get one of their historic goals and it was shorter hours, they wound up getting both goals because shorter hours creates a shortage of labor time, harnesses market forces on your side, gets employers bidding against one another for good help, and raises pay by market forces. If they could only get one goal and it was higher pay, they wound up with neither goal because they were just tacking an artificially high price on a surplus commodity, themselves, and market forces flowed around them like water, weakening their bargaining power and leaving them with less.]
  2. UPDATE 1 - Pilots facing dismissal to sue JAL - Nikkei, 12/22 Reuters.com
    TOKYO, Japan - ..Nikkei said the union has been negotiating with management, proposing a work-sharing scheme to avoid the layoffs, but after talks broke down on Tuesday, it decided to take the case to court... - see whole article under today's date.
  3. South Korea's 40-hour workweek will take effect at small businesses in July 2011, 12/23 China Post via chinapost.com.tw
    SEOUL, South Korea - ..Aimed at reducing the nation's notoriously long working hours [not to mention increasing employment & domestic consumer spending], the government has introduced the system in several phases, starting with larger companies in 2004. With the latest revision taking effect at companies with five to 20 employees, the system is to be implemented at all workplaces here that are subject to the Labor Standard Law... - see whole article under today's date.
    [This is news - they're going to leave companies with less than five employees unregulated.]
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, sun-tues, DEC.19-21, as the Great Depression replays - oops, this time it's just 'recession' - and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    A DELUGE OF DISABILITY & "disability" in the news (archives) - so-o-o unnecessary with the shorter workweeks of the timesizing program -

  • Rethinking disability insurance, letters to editor, 12/20 NYT, A22.
    By Asst. Commissioner Trish Marsik of the Bureau of Mental Health in the NYC Dept. of Health & Mental Hygiene:
    .\.Re: "Making disability work" (column, Dec.10):...
    Peter Orszag makes an excellent point about how people on disability insurance typically stay on it permanently even when they're capable of returning to work...
    By insurance recovery lawyer William Passannante of NYC:
    Peter Orszag is wise to worry that the current system for awarding federal disability benefits will help to make unemployment perpetual for millions of Americans...
    [or at least separate themselves from..]
    from the workplace longer than they might if they had other options... [this last wording by..]
    By Exec.Dir. Jennifer Jaff of Advocacy for Patients with Chronic Illness, Farmington CT.
    [And timesizing provides plenty of other options thanks to its conversion of overtime into jobs - and training wherever needed - and those jobs are at shorter "full time" workweeks that many more people with many more handicaps can handle with much more ease.]

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Officials helped kin get jobs in probation [dept.], 12/19 Boston Sunday Globe, A1.
    [Job desperation rampant thanks to 21st century technology and 19th century workweeks.]
  • When zombies win - The strange triumph of the brain-eaters, by Paul Krugman, 12/20 NYT, A23.
    ..To borrow the title of a recent book by the Australian economist John Quiggin on doctrines that the crisis should have killed but didn't, we're still - perhaps more than ever - ruled by "zombie economics" [son of "voodoo economics"?]. Why?
    Part of the answer, surely, is that people who should have been trying to slay zombie ideas have tried to compromise with them instead. And this is especially, though not only, true of the president \even though\ everything the right said about why Obamanomics would fail was wrong... Ronald Reagan never wavered on ideas, never backed down from the position that his ideology was right and his opponents were wrong. President Obama, by contrast, has consistently tried to reach across the aisle by [or, thereby?] lending cover to right-wing myths. He has praised Reagan for restoring American dynamism (when was the last time you heard a Republican praising FDR? [or Obama praising FDR for that matter?!]), adopted GOP rhetoric about the need for the government to tighten its belt even in the face of recession, offered symbolic freezes on spending and federal wages.., hailing the tax-cut deal as a boost to the economy.\.
    None of this stopped the right from demonizing him as a socialist. But it helped empower bad ideas in ways that can do quite immediate harm... Republicans are already talking about spending cuts that would offset any positive effects from the deal. And how effectively can [Obama] oppose those demands when he himself has embraced the rhetoric of belt-tightening?
    [Of course, this MAY be a strategy to let the economy get so bad so fast that he can bring in worksharing and timesizing, engineer a wage-hiking JOB surplus, re-activate consumers and achieve a real recovery before resistance realizes what's happening, but Bam probably isn't that smart.]
    Yes, politics is the art of the possible... But it's one thing to make deals to advance your goals; it's another to open the door to zombie ideas. When you do that, the zombies end up eating your brain - and quite possibly your economy too.
    [It's already happening. And now Canada is doomed because -]
  • Tories take full control of Senate - Harper has made 37 appointments, 12/21 Ottawa Citizen, A1.
    ..appointed two more Conservatives to the Senate on Monday, a historic move that gives his party its long-sought majority in the upper chamber [of parliament]...
    The Prime Minister's Office said former Montreal Alouettes president and CEO Larry Smith..and Don Meredith, a pastor and exec.dir. and cofounder of the GTA Faith Alliance, had pledged to support the government [ie: Harper] in its [ie; his] bid to "reform" [our quotes] the Senate (photo caption)
    ..In recent years, Harper has gone on an appointments spree - appointing 37 senators, more than one-third of the current chamber..\.. The Tories now have 54 seats in the 105-seat Senate [54 plus 2 outside caucus, plus 46 Liberals plus 1 outside caucus, plus 2 independents]...
    [Great, The zombies are taking over Canada too. Stephen "The Alien" Harper looks like us, talks something like us, but is quietly burying himself in Canada's chest by packing Canada's Senate and is about to erupt as and stage-manage a takeover by some kind of Christian-RightTaliban. "The worst are full of passionate intensity" .\.while "the best lack all conviction" (Yeats). Thus the Bushes and Harpers publicly or secretly pushrushcrush every change through they can, especially breath-taking big ones (remember Hitler's appreciation for the really Big Lie that would send moderates and science-oriented people into shocked and disbelieving and speechless headshaking?), while the Obama's tiptoe around seeking consensus on tiny steps forward while losing support left and right by sacrificing tough enforcement and common sense for premature goals like diversity and more immigration and animal rights. The proliferating Bushes and Harpers (compaire Blair in Britain, Howard in Auz, and the "Hand It All Over To The Superwealthy" started with Reagan in the U.S. and Mulroney in Canada cuz Jimmy Carter just didn't have anything deeper than the New Deal and the one guy-in-power who did, Premier Bob "Rae Days" Rae of Ontario, got betrayed by his exceedingly blind backroom and union "supporters") have no understanding of the vital evolutionary function of democracy, and it's because the would-be progressives had no developed appreciation for democracy themselves in terms of much easier access to the really important kind of feedback, negative feedback, the kind that indicates advisability and direction of change (evol: "adaptive mutation") Humans have gotten a LOT better at this than the other species but there's still lots of room for improvement. This should top Canadians' worry-list but no -]
  • Cost of living tops Canadians' worry-list, 12/21 Ottawa Citizen, A4.
    [If these unseparators of Church and State had any idea of how to fix the economy, there might be some excuse for this Giant Step Backward. But Bay St's worries pale beside Wall St's -]
  • A lesson for Wall St. about failure, by David Carr, 12/20 NYT, B1.
    [from the film "The Company Men" about..] businessmen who have a moment of clarity about how American business lost its soul...
    [Guess that refers to the tiny minority of good CEOs.]
    The film manages to use the tableau of a bunch of rich guys losing their jobs to reach a fundamental question of this economic age. How can it be that both corporate profits and unemployment are simultaneously high?...
    [Compare stagflation, rampant in the Third World, whose consumer markets are waaay smaller than they could be because there are far fewer jobs and earners than there could be with a shorter definition of "full-time workweek," and far lower average spending per capita than there could be.]
    On Dec. 12, my colleague Louise Story chronicled how nine men from various banks meet in secret every month to oversee, and in some aspects control, trading in derivatives, the arcane and often lucrative financial instruments that are used to hedge risk. ..The opacity and secrecy of the systems..leaves at their whim the market's less pedigreed players..\..
    [Thus the super-rich start another level of class warfare, cuz while they're ignoring The Company Men, they're watching the film Waiting for 'Superman' which..]
    follows five children and their parents as they run a gauntlet to gain access to high-performing charter schools because the alternative - the public system - is a complete disaster....
    [The secret meetings are..]
    a small slice of a large problem of self-dealing and self-enrichment [and system impoverishment] on Wall Street... [whose policy, more and more clearly, is Suicide, Everyone Else First.]
  • Weighing costs, companies favor temporary help - Hiring for short term - Workplace uncertainty 'seems to be going on forever' - To the 15 million people out of work, those with temporary jobs are lucky,
    12/21 NYT, A1.
  • Open bag of mortgage tricks - A court case [in Reno NV] shines a light on loan servicing methods,
    12/19 NYT, B1.
  • Borrowers as prey, again, 12/21 NYT, A22.
    The Federal Reserve has been rightly criticized for not protecting borrowers - and the economy - in the years before the financial crisis... Now, the Fed has proposed a rule that could undermine an important borrower protection passed by Congress in 2008..prohibit[ing] "cross-selling," in which lenders required reverse-mortgage borrowers to use some of the loan proceeds to buy other financial products [from them]...
    [But what do you expect when the same sleezebag, Bernanke, has not been swept out of the Fed chairmanship? The "fox" is still in charge of the "henhouse."]
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. 40-hour workweek takes effect in July at small businesses, 1/21 KoreaHerald.com
    SEOUL, South Korea - ..“Korea still has the longest work hours among OECD countries. When the adoption of the 40-hour workweek is completed at all workplaces, we expect, labor productivity and the quality of life will improve greatly,” said Jeong Hyun-ok, director general of labor standard policy at the ministry... - see whole article under today's date.
  2. 40-hr Workweek to be Applied to Businesses with Less Than 20 Employees, 12/21 Arirang News via arirang.co.kr
    SEOUL, South Korea - ..The 40-hour workweek [down from 44] was first applied back in July 2004 to companies with more than 1-thousand employees and expanded to smaller [and smaller] workplaces [in succeeding years]... - see whole article under today's date.
    [Meanwhile, back in the backward USA, where a 40-hour workweek cap has been generally ignored since ca.1970 -]
  3. Appeals court says Walker overstepped authority with shorter work weeks, 1/21 Milwaukee Journal Sentinel via jsonline.com
    MILWAUKEE, Wisc. - ..Though the 35-hour week was never implemented, Walker instead imposed furloughs using his emergency authority as justification... - see whole article under today's date.
  4. Appointing judges works just fine for Pasco, officials say, 12/19 TheNewsTribune.com
    PASCO, Wash. -- ..Pasco Municipal Court Judge Mary Ramirez has held her position for more than 20 years and works 32 hours a week. State law defines a full-time judge as one who works 35 hours or more... - see whole article under today's date.
  5. Work hours, weight status, and weight-related behaviors: a study of metro transit workers, 12/20  7thSpace Interactive (press release) via 7thspace.com
    MINNEAPOLIS[?], Minn. - ..Conclusions: Long work hours were associated with more frequent use of garage vending machines and higher BMI in transit workers, with associations found primarily among men. Long work hours may increase dependence upon food availability at the worksite, which highlights the importance of availability of healthy food choices... - see whole article under today's date.
  6. Declining wages hurt our society, letter to editor by Shirley Schludecker of Las Vegas, 1/21 LasVegasSun.com
    LAS VEGAS, Nev. - ..Unions and the threat of unionization have helped create the working conditions we have enjoyed — the eight-hour day, the five-day workweek, two-week vacations every year, medical insurance, lunch and break periods, a safe working environment, child labor laws and more... - see whole article under today's date.
  7. German Consumer Sentiment Drops, 12/21 Wall Street Journal via online.wsj.com
    [The ordinary German has no idea how well-off s/he is or how unusual that is today.]
    FRANKFURT—..GfK also said employment is expected to continue to rise in 2011, and the number of unemployed will be below three million people on average. The shorter-hours work regime, introduced during the economic crisis, will practically disappear, GfK said, adding that in summer 2009, about 1.5 million people worked shorter hours... - see whole article under today's date.
  8. BONUS clip #1 - Proposal made to eliminate deficit, by Gary Huffenberger, 1/20 Wilmington News Journal OH via WnewsJ.com
    WILMINGTON, Oh. - Two members of Wilmington City Council [Don Wells and Bob Mead] presented ideas Monday on how to make big cuts to next year’s proposed $1.2m budget deficit, including a reduction of hours for all non-union workers from 40 to 35.., a move they said would save $471,500...
  9. BONUS clip #2 - Declining wages hurt our society, by Shirley Schludecker, 1/21 LasVegasSun.com
    LAS VEGAS, Nev. - ..Unions and the threat of unionization have helped create the working conditions we have enjoyed — the eight-hour day, the five-day workweek, two-week ...
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, fri-sat, DEC.17-18, as the Great Depression replays - oops, this time it's just 'recession' - and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • Sale of Blackwater is said to be near, by Sorkin & Protess, 12/17 NYT, A1.
    Erik D. Prince. founder of the private [in]security firm formerly known as Blackwater Worldwide..now called Xe Services..once the go-to contractor in Iraq and Afghanistan.\.has reached a deal to sell lhis embattled firm to a small group of investors based in Los Angeles who have close ties to Mr. Prince, according to people briefed on the deal. Blackwater..has been under intense pressure since 2007, when Blackwater guards were accused of killing 17 civilians in Nisour Square in Baghdad...
    [Well, there's money laundering and there's company laundering, and a few name changes help - or maybe The Next Big Thing will be a witness (dba villain) protection program for scumbag corporations.]

    JOB- OR JOBLOSS-RELATED SUICIDE in the news (archives) -
  • Reopened wounds: 'More than he could bear', 12/17 NYT, A1.
    ..Mark David Madoff, the older son of the convicted swindler...Bernard L. Madoff...
    [In this case, "job" loss related, the job being swindling, and in this case, belonging to his father, but still related to our general culture of job desperation and self-destructive monetary concentration undisciplined by world war levels of labor "shortage," achievable without war by resuming our 1840-1940 overtime-to-job conversion and workweek reduction.]

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Wall Street whitewash - Will the GOP manage to rewrite history?, by Paul Krugman, 12/17 NYT, A31.
    ..In the end, those of us who expected the [economic] crisis to provide a teachable moment were right, but not in the way we expected. Never mind relearning the case for banking regulation; what we learned, instead, is what happens when an ideology backed by vast wealth and immense power confronts inconvenient facts. And the answer is, the facts lose.
  • The DJIA closed down 7.34 points, or 0.06% to 11491.91...,
    12/18 WSJ, A1 pointer to B14.
  • Oil from BP's blown-out well has lodged in the sediments of the Gulf of Mexico,
    12/18 WSJ, A1 pointer to A2.
  • Newly built ghost towns haunt banks in Spain, 12/18 NYT, A1.
    ..Yebes, Spain... most homes never sold...
    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. One Out Of Four Civil Servants Willing To Work Part-Time: Survey, 12/17 Bernama.com
    SEOUL, So.Korea -- One out of every four civil servants is willing to work part-time despite an expected loss in wages... Under the new programme, civil servants can work 15 to 35 hours a week, compared to 40 hours for regular workers, and negotiate their work schedule. Asked to give reasons why they would switch to part-time employment, the respondents mostly cited child rearing (39%) and personal development (32%), while 15% said they wanted to spend more time with their families. However, among those who already switched to part-time work, only 15% said their choice was for personal development, while the other 85% cited child rearing... - see whole article under today's date.
  2. AI withdraws advisory extending pilots' work hours, 12/18 Times of India
    MUMBAI, India: Air India had issued a company advisory to its flight crew informing them that the DGCA had allowed the airline to make its pilots work for any number of hours during a flight diversion. But on Saturday, within three days, the carrier retracted the advisory... - see whole article under today's date.
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, wed-thu, DEC.15-16, as the Great Depression replays - oops, this time it's just 'recession' - and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • Atos Origin to buy Siemens IT unit, by Preuschat & Karpstein, 12/15 Wall Street Journal, B9.
    French information-technology company Atos Origin SA has agreed to buy Siemens AG's technology-services business in a deal valued at E650 million ($1.14 billion)...
    [See downsizing section (next) for layoffs.]

    growth-choking DOWNSIZING in the news (archives) - all reversible by a shift to timesizing -
  • Atos Origin to buy Siemens IT unit, by Preuschat & Karpstein, 12/15 Wall Street Journal, B9.
    ..As part of the deal, Siemens plans to cut up to 1,750 jobs at its IT Solutions and Services unit, including 650 in Germany. The division, which earlier this year announced plans to cut 4,200 jobs, employs about 32,000 people world-wide, including about 9,400 in Germany...
    [So 650/9400 means they're cutting 7% in Germany. In the well-tuned, management-disciplined economy of the future, a firm in this situation would be cutting 7% of its German workweek (half an hour a day), reassigning tasks, keeping everyone employed, and avoiding today's cumulative kamekazi deactivation of its own and its customers' customers.]

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Public-sector pains put strain on recovery, 12/15 WSJ, C1.
    [As if the newly parasitic private sector didn't cause the public-sector pains - not to mention, WHAT "recovery"? - there is no sustainable basis in terms of employment and consumer-base recovery for anything but another series of investment bubbles, limited, as investment is in a hyper-concentrated money-supply embolism like today's, to productivity unsupported by marketability.]
  • Fed's cure would worsen disease, 12/15 WSJ, C16.
    [Too late, it's already worsening it by diverting more of the money supply into the turgidly circulating black hole of coagulated trillions in the cozy cliquelette in the tiny topmost brackets. There's no labor shortage to get market forces to centrifuge the national income and wealth - there's no workweek reduction to cut the wage-bashing labor surplus - sooo, there's no real cure.]
  • Shopping spree fuels surge - Consumers open wallets, sending stocks to two-year high, 12/16 WSJ, A1.
    [What do investors expect right before Xmas? This is just same-ol' shouting the trivial and unsustainable upticks, while whispering or ignoring the huge systemic downslide. Basically Dahlberg (1932) was right - capitalism works great when there's a labor shortage, and capitalism works louzy when there's a labor surplus.]
  • A kitchen for rent is a lifeline for the laid-off [in New York City].., 12/15 NYT, A1.
    [Maybe if they make enough whoopie pies, Wall Street will produce a funny flatulence when its next bubble pops.]
  • A $5 billion bonanza, but it's not for you - [Canada's] competition watchdog calls out credit card giants, 12/16 National Post, A1.
    Watchdog attacks credit giants over fees - Visa, Mastercard accused of anti-competitive behaviour that drives up retailer prices, 12/16 Toronto Globe [=Bay Street Journal], B1.
  • Ireland blocks a struggling bank's plan to pay millions in bonuses, 12/15 NYT, A1 pointer to B8.
    [Market forces are better at blocking bogus bonuses, but they can't do it with an historic labor surplus based on a pre-computer workweek dragged mummified into the Age of Robotics.]
  • Riots hit Athens, contagion clouds Spain - Possible downgrade of Spanish debt puts lenders under increased pressure ahead of crucial EU summit, 12/16 Toronto Globe, B1.

    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. [What happens, you may ask, when we go the other way and lengthen the workweek? -]
    State Street extends work week, 12/15 Boston Business Journal via Bizjournals.com
    BOSTON, Mass. - State Street Corp. (NYSE: STT), which recently announced it would cut about 5% of its work force, said remaining U.S. employees will have to work longer hours as the Boston-based company moves to a standard 40-hour work week. Annual compensation for affected employees, however, will not be adjusted, effectively cutting their hourly pay rate. As of Dec. 27, all exempt and non-exempt U.S. employees who work a full-time schedule of 35 hours to 37.5 hours, will have their schedule changed to 40 hours, according to an internal memo... "For many years we have managed our work force in the U.S. with different full-time standard work week schedules.." - see whole article under today's date.
    [At least they haven't been freezing their corporate workweek. It's just that their latest change is in the direction of 1940, not 2040, and they're accelerating the concentration of employment, the deepening of labor surplus, the weakening of wages and spending, and the vanishing of marketable productivity and sustainable investment - all the variables that we should be running in the opposite direction by just adjusting the standard workweek to lower levels more sustainable in the Age of Robotics.]
  2. Abuse Uncovered In Sheriff's Office Off-Duty Work Program, 12/16 South Florida Times via SFtimes.com
    FORT LAUDERDALE, Fla. — ..“Of those in violation of the 30 hours/week cap, 59 were Deputies, 5 were Sergeants, 3 were Lieutenants and 1 was a reservist,” Fernandez wrote, while pointing out that the reserve deputy exceeded the cap 14 times in 2009. “Additionally, those individuals exceeding the 30 hours/week cap also received an additional $424,159 in overtime compensation,” she wrote... - see whole article under today's date.
    [Overtime police in America, not just France?!]
  3. Germany tops world for shrinking wages, 12/15 TheLocal.de
    [But didn't Germany have close to the highest monthly wage level in the world before the crisis?]
    GENEVA, Switzerland - ..The ILO..point[ed] out that the slump results from the increasing number of part-time jobs in Germany.
    [So even in Germany, shorter hours are happening anyway but not the best way.]
    ..The 4.5% gross[?] wage contraction is also attributable to an expansion of low-wage sectors along with the growth of flexible employment such as part-time and so called “€400 jobs”... The ILO was complimentary, however, about the German crisis management during the downturn, praising for instance the Kurzarbeit (short work) scheme through which the government subsidised workers to go onto shorter hours rather than having their firm’s lay them off. This was highly successful at keeping the unemployment rate down. but also contributed to the sinking monthly wage. ..Employment had remained stable and wages had fallen only a little. Kurzarbeit had been a “good investment,” according to the ILO. However...wages were no longer keeping pace with productivity “and income gaps are getting wider,” the report concluded
    ... - see whole article under today's date.
    [So Germany needs to federalize the workweek and regularly adjust it downward nationwide to make income gaps narrower and make wages keep pace with productivity.]
  4. Mende ends production after assets sold, 12/15 EUWID Wood Products and Panels via euwid-wood-products.com
    GITTELDE, Germany - ..Back in August, Mende [Wilhelm Mende GmbH & Co KG] announced short-time work arrangements for roughly 40% of its workforce. Some 30 workers have since left the company... - see whole article under today's date.
  5. “We have built up a lot of know-how during the crisis“, 12/16 Global SMT ["surface mount technology" - huh?] & Packaging via globalsmt.net
    AESCH, LU (canton Lucerne/Luzern), Switzerland/Schweiz - Essemtec AG, the Swiss manufacturer of production machines, has well overcome the industry crises. CEO Martin Ziehbrunner had been forward-looking. He remembers: "We began implementing cost-reducing measures earlier than others.” Some of these measures were minimizing and optimizing material stock as well as using the possibilities of short-time working, a speciality of Switzerland... - see whole article under today's date.
  6. BONUS clip #1 - Falmouth Coastguard to cut hours, by Iain McDonald, 1/16 FalmouthPeople.co.uk
    FALMOUTH, U.K. - The Falmouth Coastguard station is the latest victim of government cuts. It has been announced today that it will only operate during daylight hours [as] part of a government plan to reduce the number of Coastguard stations from 18 to 8 across the UK. Only three stations will be open 24 hours a day. Falmouth isn’t alone however, Humber and Swansea will also be operating with limited hours and only three stations, Aberdeen, Solent and Dover, will operate 24/7. The remaining 10 are due to close...
    [Yep, the anglophone superwealthy are really gettin' suicidal, everyone else first...]
  7. BONUS clip #2 - No 60-Hour Workweek, 12/16 TheMoscowTimes.com
    MOSCOW, Russia - The government will not support an extension of the maximum length of the workweek from 40 to 60 hours, President Dmitry Medvedev said Wednesday, Interfax reported...
    ["Methinks the lady doth protest too much"?]
  8. BONUS clip #3 - Scottish law firms face more job cuts as downturn hits fees, by Kristy Dorsey, 1/16 Scotsman via /business.scotsman.com
    EDINBURGH, Scotland - Scottish law firms have been forced to make job cuts and cut working hours as they grapple with the consequences of the economic downturn... Practices reliant upon corporate and property-related activity have been particularly hard hit in the past year, says PKF's annual sector survey. Nearly two-thirds of Scotland's top 30 firms reduced staff numbers as the recession took its toll of the legal sector. More than one in ten cut their headcount by more than 5%, and only 40% of all redundancies were achieved voluntarily. Job losses were recorded at every level, from partner down to office support staff. "Just as there is uncertainty about how to rebuild the wider economy, there is..uncertainty within the legal sector about how to develop and grow..to pre-recession profitability, but without that period's concentration on a property bubble," said Charles Barnett, PKF professional services partner...
    [Pundits don't seem to realize even the general direction of the best solution (emergency worksharing followed by sustainable timesizing), or even be anywhere close to it in their thinking. Let's review the reasons: people think shorter hours are a problem, not a solution; they think shorter hours cuts wages instead of raises them; they have a hard time thinking about time, period, let alone as a control variable; they still think you have to work hard to get ahead; they associate busyness with importance...]
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, sun-tue, DEC.12-14, as the Great Depression replays (oh, now it's just a 'recession'?) and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • GE is buying Wellstream, a U.K. maker of pipeline products, for $1,25 billion,
    12/14 Wall Street Journal, A1 pointer to B3.

    growth-choking DOWNSIZING in the news (archives) - all reversible by a shift to timesizing -
  • Yahoo is preparing to cut as many as 650 jobs, or almost 5% of its workforce, 12/14 WSJ, A1 pointer to B2.
    [Instead, they should be cutting 5% of their workweek for everyone and keeping everyone employed.]

    HOMELESSNESS IN NORTH AMERICA (archives)- sooo unnecessary with full employment via timesizing -
  • L.A. seeking to shed reputation for homelessness,
    12/13 NY Times, A1.

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • (I) A legacy of unintended side effects - Call it the other welfare, by Patricia Wen, 12/12 Boston Sunday Globe, A1.
    The $10 billion federal SSI program for children was created mainly for those with severe physical disabilities. But it has veered from that goal, sending most cash benefits to those with common behavioral and mental conditions, creating dangerous incentives for families to medicate the young...
    ROXBURY, Mass. - Geneva Fielding says SSI checks have helped her family, but she worries about the program's troubling incentives... (photo caption).
  • (II) The other welfare - A coveted benefit, a failure to follow up, by Patricia Wen, 12/13 Boston Globe, A1.
    As federal disability aid for poor children increasingly targets the very young, required case reviews to ensure the help is necessary or appropriate have dwindled to an alarming degree...
    HOLYOKE, Mass. -..One of every five children living in poverty receives SSI [Social Security Insurance] benefits... (photo caption).
  • (III) The other welfare - A cruel dilemma for those on the cusp of adult life, by Patricia Wen, 12/14 BG, A1.
    Many teenage recipients of federal disability benefits say they feel pressure to avoid work, not wanting to raise doubts about their status and jeopardize vital family income...
    HOLYOKE, Mass. - Bianca Martinez is 15 and has a dream, to work someday as an animation artist, preferably in Japan... But for now the idea of getting any kind of paid job, even at the Holyoke Mall where many of her friends work, worries her because of what she might lose: Her $600-a-month federal disabilitly check, which represents more than half her family's income...

    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. No, really — we can! - How our foul national mood threatens a fragile economic recovery, op ed by Heather Boushey, 12/13 Boston Globe, A11.
    WASHINGTON, D.C. - ..A more encouraging example, from Germany, suggests that we don’t have to accept that high unemployment is “the way things are... And while their nation saw a larger decline in output during the Great Recession than did the United States, their unemployment rate did not rise. Policy makers had put in place measures to encourage employers to keep on workers by temporarily cutting hours. In this way, they avoided the kind of high unemployment we’re now seeing, and Germany is now set to experience its fastest year of growth since 1991... - see whole article under today's date.
  2. Reduced Working Hours, 11/13 Bay Area Indymedia via indybay.org
    OSNABRUECK, Germany - Under the new non-capitalist conditions, Kramer also regards “the general reduction of working hours” as a “central element” since development of the gross domestic product (GDP) will “not play an important role any more because increased income will no longer be the main motive and condition of greater prosperity.”... - see whole article under today's date.
  3. Opinion Column: Paycuts are Coming, 12/14 Bernews.com
    HAMILTON, Bermuda - ..Civil Servants will likely have their 35 hour workweek cut to a 30 hour workweek – equivalent to a 14 percent pay cut. BIU workers will get the same 14 percent cut and drop to a 32 hour workweek from their current 37.5 hour workweek. Existing overtime bans will continue and will have to be rigorously enforced.. - see whole article under today's date.
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


    Today, fri-sat, DEC.10-11, as the Great Depression replays (oh, now it's just a 'recession'?) and lest you think it's going away by itself, we first bring you a daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    looting- and layoff-triggering MERGERS in the news (archives) -
    Mergers&acquisitions (M&As) provide a last resort for incompetent CEOs and a highway to monopoly - Management's
    economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs
    don't do 'M&As' -

  • Occidental Petroleum will buy oil and gas resources in Texas and North Dakota for $3.2 billion, following a deal to sell its Argentine unit to Sinopec, 12/11 Wall Street Journal, A1 pointer to B4.
    ["Full of sound and fury, signifying nothing" but letting CEOs delude themselves into thinking they're doing something productive.]

    growth-choking DOWNSIZING in the news (archives) - all reversible by a shift to timesizing -
  • TJX Cos. cutting 1,400 jobs in Mass. - A.J. Wright chain is to be closed - Struggling Fall River takes the biggest hit, by Abelson & Reidy, 12/11 Boston Globe, A1.
    FALL RIVER, Mass. -..a 162-store clothing chain aimed at blue collar shoppers... City officials, who said they are furious that TJX executives did not offer any warning, disclosed plans to revoke a tax break agreement for A.J. Wright with several years remaining in the deal...
    [How many demonstrations do we need that government "help" is useless or toxic?]
  • For many in Massachusetts, it's' a postal disservice - From Berkshires to Boston, patrons bemoan inconvenience brought about by office closings, by David Abel, 12/11 BG, A1.
    WINDSOR, Mass. - For 113 years, the Post Office in Windsor brought people together in the small town in the Berkshires... But this fall, to the dismay of the town's 900 residents, the US Postal Service closed its local branch... ..A little more than a century ago, when there were only 45 states and the nation had a quarter [75m] of its current population, there were 71,000 post offices, double today's number [35,500].
    The cuts have been accelerating, and this year there were 742 fewer post offices [and associated jobs] across the country than last year, more than three times the number of offices that were closed last year and substantially steeper cuts than at any time in the past 15 years...
    [This is the way the American CEOs and investors think they'll revive growth? Their USA is a has-been nation that they have shooting itself in both feet and all the way up both legs... And all we need to do to discipline them is, convert overtime into jobs, cut the workweek and create a worldwar-class, $hoard-centrifuging, wage-boosting shortage of...us (in Quebec, "nous autres") - to balance the shortage of "them."]

    BANKRUPTCY tsunami in the news (archives) - staunched only by risky war or safe timesizing -
  • Grocery chain A&P is preparing to file for bankruptcy protection as early as this weekend,
    12/11 WSJ, A1 pointer to B4.

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • Companies cling to cash - Coffers swell to 51-year high as cautious firms put off investing in growth, 12/10 Wall St Journal, A1.
    [And thereby guarantee further non-growth = recession, as if Growth is an Act of God that the Deity will perform regardless of all CEO attempts to block it. After all, is this not what the Invisible Hand is all about? CEOs can punish their consumer base and employment basement to any degree and it won't matter, because the Invisible Hand will make it All Right. Actually, the only thing that unleashes Market Forces to centrifuge the huge black hole of coagulated, deactivated money crushed into the topmost brackets is ... a world-war dose of labor "shortage" (actually a labor-employment balance that spoiled, po'widdow corporate-socialist "capitalists" just find awfully difficult to handle - at least soft American capitalists anyway - Europe is a lot closer to a sustainable labor-employment and consumption-investment balance than the U.S. at present... The slipping&sliding USA has lotsa money, few employees, smaller markets = definition of depression in its initial stages, definition of Third World as it continues...]
  • Markets defy Fed's bond buying push, by Hilsenrath & Mark Whitehouse 12/10 WSJ, A1.
    ..The [Fed's massive] purchase of government bonds are meant to drive down long-term interest rates, which did happen in the lead-up to the Nov.3 move. But since then, long-term rates are up sharply...
    [Let's get these grotesquely fattened ticks sapping their domestic consumption in the name of Investment that isn't happening, let's get them out of government, out of the central bank, out of middle- and low-income taxpayers' pockets. Let's get the foxes out of the henhouse, meaning Bernanke out of the Fed and Geithner out of the Treasury. All these guys know is Save Only Those Who Don't Need It (the wealthy), and Suicide, Everyone Else First.]
  • Suburb [Mineola, Nassau County NY] caught in fiscal crisis despite wealth, 12/11 NY Times, A1.
    [The wealthy still don't sense the storm they're stoking, or if they do, they want to give half (Bill Gates) or "all" their wealth their way (arbitrary-capricious-ineffectual charity) instead of the market's way = guaranteeing full employment and markets, however short a workweek it takes.]
  • BofA said it restarted 16,000 foreclosure cases across the U.S. on Monday, 12/10 WSJ, A1 pointer to C2.
    ..but it may be weeks before it is known whether new document submissions will pass muster.
    [Pathetic. The U.S. is taking a quick trip to the dustbin of history.]
  • U.S. life expectancy slipped to 77.8 years, 12/10 WSJ, A1 pointer to A8.
    Heart diseases and cancer were the top killers, responsible for half of all deaths.

    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Ten Hanover employees lose their jobs Friday, 12/10 Dailyrecord.com
    HANOVER, N.J. - ..Seven other employees are having their hours reduced from 35 hours a week to 30 hours... - see whole article under today's date.
    [Otherwise there'd be even more lost jobs.]
  2. TC post office to cut hours, 12/10 Traverse City Record Eagle via record-eagle.com
    TRAVERSE CITY, Mich. - ..Acting Traverse City Postmaster Judy Zimmerman said the changes were made to save money, though she couldn't estimate how much will be saved by the switch... - see whole article under today's date.
  3. Long work hours, scant sleep linked to heart attack: report, 12/11 The Nation PAKISTAN via nation.com.pk
    FUKUOKA, Japan - Men who frequently work long hours or get little sleep are at twice the risk of suffering a non-fatal heart attack, Japanese researchers report. Since the 1980s, Japanese society has been concerned with a high incidence of sudden deaths occurring amidst a culture of extended work hours... - see whole article under today's date.
  4. Community working scheme deemed a success, to be extended, 12/10 DI-VE.com
    ISLAND OF MALTA, Brit.Cmnwlth - ..The scheme offered to unemployed people the possibility to work for 30 hours a week with NGOs, local councils or government entities and in return get an unemployment benefit that reaches 75% of the minimum wage... - see whole article under today's date.
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.

    less strategic GOOD NEWS about miracle CEOs  (archives) -
  • [Here's how to face recession with neither layoffs nor hourscuts -]
    Business earns kudos for its commitment, 12/11 BlueRidgeNow.com
    ETOWAH, N.C. — To Doug Salkewicz and his company, Advanced Technical Welding Inc. in Etowah, which was rightfully named the Small Business of the Year by Business North Carolina magazine. Even in the toughest of times, when orders from large companies waned and profits dipped, Salkewicz kept a promise to never lay off any of his nine employees. The only pay cut taken was a 25% cut by Salkewicz himself, and he didn’t cut hours or benefits. His company branched out into a variety of welding jobs to keep people. The business is back in the black after sticking it out through 2009, its only unprofitable year. “Sure, the books in 2009 would have looked better had we laid off people, but I didn’t want to do that,” Salkewicz said. “It’s a promise — you commit and they commit. How do you tell somebody who’s helped build this building, has helped build this business, to go home? ... I can’t.” It’s an honorable and refreshing stance from an employer, and his business — and the community — is stronger for it.


    Today, wed-thu, DEC.8-9, as the Great Depression replays as a great 'recession' with every uptick hailed as Recovery! we bring you first your daily dose of -
    doom du jourtm = today's headlines from helltm (archives)
    - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
    editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


    growth-choking DOWNSIZING in the news (archives) - all reversible by a shift to timesizing -

  • The rich rewards of cutting jobs, op ed by Joan Venocchi vennochi@globe.com, 12/09 Boston Globe, A17.
    Profits are up so it's time to slash the workforce [and make sure the profits are temporary?].
    That's the story at State Street [Bank] Corp., which recently announced the elimination of 1,400 jobs, including 400 in Massachusetts. Those jobs are gone, even though State Street last reported profits of $427 million, up about 20% from a year ago. Operating revenue also rose 8.4%. In an internal e-mail, chief executive Jay Hooley explained the strategy as necessary to "enhance service excellence and innovation" [against numerous surveys proving the opposite as employees go rigid with fear] and drive "a stronger sense of urgency about getting things done" [or appearing to get things done & telling CEOs they are regardless].
    Those scary words reflect the new normal in corporate America...
    [Yep, CEOs all want to rely on the customers provided by some other CEOs' workforce, so their corporation-by-corporation Downsizing Regardless strategy amounts to...Elimination: First Employees, Then Consumers, Then Ourselves = Suicide, Everyone Else First - thus violating Deming's central "point for management" = Banish fear from the workplace. CEOs are DOWNsizing, and expecting Growth alias UPsizing. They are turning America into Nightmare on Elm Street, starring Chainsaw Al Dunlap as Freddy Krueger. Jonestown capitalism - "Serve them Guiana Kool-aid" - with Jay Hooley playing Jimmy Jones.]
    Instead of getting outraged over corporations that fire people even as they reel in cash, cable TV and radio hosts are choosing to get outraged over the inability of those fired to find new employment...
    [It would be easier to find if Hooley cut 5% of State Street's workforce for all employees including himself instead of 5% (or whatever) of State Street's jobs for 1400 people, who now go into shock and cut spending.]
    By cutting loose 1,400 workers, State Street shifts the burden of keeping them solvent from the private sector to the public.
    [- despite their blaming the public sector for everything and trying to shrink it...]
    Now, it's the taxpayers' job to underwrite them, via unemployment benefits.
    [- despite CEOs' hostility to taxes and their attempts to cut their own and pass the burden on to the non-wealthy... And unemployment is getting longer as jobs get harder to find, and people are slipping off unemployment onto welfare, then "disability," or homelessness, or prison, or suicide...]
    And that's only the start of the ripple effect on a still-fragile [actually more fragile] economy. How many of the newly unemployed will no longer be able to pay their mortgages, or keep up with cable and credit card bills?
    [At least it will cut the audience for nitwit cable TV hosts...]
    Without employer-backed health insurance, how many will turn to state-subsidized insurance? [And] while workers hit the streets [despite management praise for hard work and self support], management hits the jackpot...
    [And vacuums in far more money than they can spend, or even invest sustainably now that they've weakened their consumer base via their employment basement, and shrunk the amount of marketable productivity available to invest in...]

    HOMELESSNESS IN NORTH AMERICA (archives)- sooo unnecessary with full employment via timesizing -
  • Young, alone, and homeless - As numbers rise in state [Mass.] and nation, Boston group [Bridge Over Troubled Waters] seeks to create shelter - 'We have many more homeless youth than we have help to give them.' Nan Roman of the National Alliance to End Homelessness, by David Abel, 12/09 Boston Globe, A1.
    BOSTON, Mass. -..City, state and federal officials say [there] is a rising number of homeless youths and young adults. Every year, tens of thousands of them become too old to remain in state custody or [they] land on the streets because of broken families. State education officials counted 13,000 homeless students in the last academic year - an 85% increase from five years before. Of those, 735 were defined as unaccompanied, out of the custody of their parents or legal guardians. That is more than double the number five years before...
    Federal officials estimate at least 110.000 youths between 12 and 24 years old live on the nation's streets... - see more of this article under today's date.
    [And they evidently have every incentive to low-ball these estimates, because ten years ago the estimate was 930,000 and it sure ain't got less!]

    spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
  • U.S. teen literacy gains slow, 12/08 Investors Business Daily, A1 news squib.
  • U.S. hiring to remain weak, 12/08 IBD, A1 news squib.
  • Poll: Consumers not so cheery, 12/08 IBD, A1 news squib.
    ..Americans feel less optimistic about the economy...
  • Treasuries continued to 'suffer' [our quotes] in the wake of the taxcut agreement, with the 10-year yield hitting its highest level since June, 12/09 Wall St Journal, A1 pointer to C11.
    [Thus motivating the tie-up of more millions for longer, thus decelerating further the circulation of the currency and weakening further consumer spending and strengthening further the diagonally downward economic spiral that is still being spun as recovering. The rise of the L-T rates is exactly what the Fed was trying to prevent with its QE2 (2nd quantitative easing).]
  • Historically low rates [on everything short-term] are starting to take their toll throughout the financial industry, a potential downside to the Fed's efforts to reignite growth, 12/09 WSJ, A1 pointer to C1.
    [But no biggy. The Fed's efforts, being entirely directed to the interests of the tiny wealthiest population of Americans, are uniformly killing growth anyway - by worsening the Black Hole of massively coagulated and crushed and deactivated billions in that tiny richest population - "Hoarding R Us/US."]
  • Stocks squander decent gains... NYSE composite..down 0.1%..., 12/08 IBD, A1:1 pointer to A1:3.
    The big picture [LOL] - Stocks start strong but end session with a whimper, 12/08 IBD, A1:3 target article.
    The Dow industrials slipped 3.03 points to 11359.16 as concerns about Ireland dampened early market enthusiasm over the tax accord, 12/08 WSJ, A1 pointer to C6.
  • Investors pile into commodities, 12/08 WSJ, C1.
    ..holding their biggest positions on record...
    [Ah, the job desperation at the bottom is matched only by the investment desperation at the top as the investment community acts like a giant tick sucking up over 25% (or whatever the exact turning point) of the nation's money supply and then wondering why spending, markets & monetary circulation aren't strong enough to maintain their massive parasitism. The quest for an ever-shifting Holy Grail, a larger iceberg in a tropical sea, some investable productivity that's still selling briskly while investors keep rewarding CEOs who downsize the consumer base via the employment basement. What are tycoons doing about it? -]
  • Sixteen tycoons agree to give away fortunes, 12/09 WSJ, A1.
    .."Giving Pledge"..\.. founder..Facebook..Mark Zuckerberg... AOL cofounder Steve Case... investor Carl Icahn... former junk-bond king Michael Milken...
    [So all Milken had to pay back was chump change cuz he's still loaded? And so THIS is why we're transfering the tax burden to the middle and lower brackets?! = so 16 stuffed shirts can Decide how to allocate trillions? Problem 1: a tiny subset of The Market can never Decide as well as the whole Market, and the decision-making of the whole Market can never be restored by fostering a steep power gradient between employers and employees, management/employment and labor, employers and employees, job openings and job seekers. And a balance between the two is always going to perceived as a "scarcity of labor" by employers (the cushioned side that's actually scarce - and therefore more rewarded and powerful). Problem 2: The only charitable targets that are set up to accept this scale of moola are themselves huge, so net effect zero, cuz we're "taking coals to Newcastle" here. Easy market-oriented solution? Convert overtime into jobs and increase overtime conversion by resuming our historic workweek reduction. While we're waiting for that, say Bill Gates alone or he and Warren Buffett had a total of $60 billion to give away. The simplest, fastest and most effective thing they could do is bypass all the big charities and universities and just hire as few people as they could to just give every one of our 300,000,000 Americans, let's see, $60,000,000,000 divided by 300,000,000 people, $200 apiece. The vast majority would immediately spend that, a smaller group would use it to pay off some debt, and a tiny group would laugh, roll two $100 bills into a cigarette and light it up - or the equivalent deactivating waste, add it to their hoard.]
  • Cyber-attacks have hit a growing number of organizations and industries that have tangled with WikiLeaks..[e.g.,] Mastercard and Visa..., 12/09 WSJ, A1 pointer to A8.
    [Our computer software has far outstripped our social and economic software = the design and implementation of better and stronger common interest dba cooperative incentive. Our suggestion = a common, safe, sustainable and non-arbitrary workweek range, lower limit set by regular referendum, upper limit set by lower limit. And when that wears out (by generating expectations it can no longer fulfil), we move on to a common, safe, sustainable and non-arbitrary income range per person - and there's a whole series after that (wealth per person, credit pp...). We don't have to embody equality of opportunity by equalizing on a point = too suffocating. We need to equalize on a range.]
  • Far offshore, a rush of close calls [in drilling catastrophes], 12/09 WSJ, A1.

    hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
    Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
  1. Tough housing industry squeezes Marvin profits, 12/08 Minnesota Public Radio via minnesota.publicradio.org
    WARROAD, Minn. -..In 2009 Marvin [Doors and Windows Inc.] cut workers back to 32 hours a week instead of laying off some workers. [Marvin spokesman] Kirchner says for about the past six months most workers have been back to 40 hour weeks [but] he expects the workers to go back to 32-hour work weeks sometime early next year. He says Marvin is the only major door and window manufacturer that hasn't laid off employees or closed a plant during the current recession. He says keeping those skilled employees working helps position the company for a time when the construction industry takes off again... - see whole article under today's date.
  2. Capitol Improvement? Cantor Proposes Longer Work Week, 12/08 Wall Street Journal (blog)
    WASHINGTON, D.C. -..The bad news (for lawmakers, at least) is that the workweek will likely be longer, moving to four and five days from the three-day week... - see whole article under today's date.
    [Hey, they can run (or ruin) the whole country on only three- or four-day workweeks? What's good enough for lawmakers is good enough for the rest of Americans.]
  3. Time for Reserve Bank to get off the rate cycle, 12/09 Brisbane Times via brisbanetimes.com.au
    CANBERRA, Australia - ..Mitchell says that on closer inspection of Australian Bureau of Statistics labour force data, 7.2% of Australians were underemployed (as of August). These are full or part-time workers who have the desire or capacity to work longer hours. Underemployment rose just 2% during the financial crisis as employers preferred to cut working hours rather than lose skilled staff. Fewer than half of these have been restored to their original hours in the ensuing boom... - see whole article under today's date.
    Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.

    less strategic GOOD NEWS  (archives) -
  • Nigeria charges Cheney over a bribery scheme involving Halliburton while the ex-VP served as CEO, 12/08 WSJ, A1 news squib.
    [Wal, little Nigeria has some chutzpa even if Obama doesn't.]


    Here (below) is the new version of the changed part of our homepage (the top). Essentially we flipped Hope du Jour and Doom du Jour so Doom is first, because the "prevailing wind" of happytalk in the media these days is impeding a realization of our true non-cyclical, non"Act of God" economic situation and thus a real reversal of our diagonally downward spiral - and we cut the "front matter" so the changing dates are visible immediately when you call up our homepage. (We also moved the TITLE attribute up higher in the invisible frontmatter and added a {very permissive} robots.txt file to our home directory.)


    Timesizing ®  not downsizing
    We offer world's 1st 500-year view, dot-com political party, design, consulting, & URLs to suit your mood: worstcaseplan.com, masterplan.tv, criticalpath.info

    TIMESIZING is reducing hours to avoid layoffs. It's cutting the workweek, to spread employment (& markets!), instead of cutting the workforce (& markets!). Timesizing means more jobs, shorter hours, & higher pay cuz you've cut the labor surplus. Check out our timesizing blog and time trilogy.
    This is the largest website on work sharing in English and its long-term counterpart, timesizing. Timesizing's five phases provide a pattern for further upgrades and an improving regional, national and global future of 500+ years. To 'save the world,' you can't start with hunger - no one with money is hungry. You can't start with poverty (lack of money) - no one with a good job is poor. It all comes down to jobs. And jobs come down to time on the job. Mess up your time arrangements & you wreck your whole society cuz time counts it all. Consultants, contractors and wage workers already track their time using systems like *mytimeforce time&attendance. Salaried and piece workers will need to do some 'shadow timing.' Timesizing straightens out the time mess & creates jobs by economic design, defined as the answer to "What's the smallest change that would yield the greatest good for the greatest number?"

      Today, sun-mon-tue, DEC.5-6-7, as the Great Depression replays as a great 'recession' with every uptick hailed as Recovery! we bring you first your daily dose of -
      doom du jourtm = today's headlines from helltm (archives)
      - face the bad news here in the context of a sustainable solution (see 'hope du jour' below) -
      editor's comments in [square brackets]; editor= Phil Hyde, timesizing@aol.com


      vanishing RETIREMENT in the news (archives) - no problem with short-time full employment via timesizing -
    • Retiring in 10 years? Uh-oh - Your nest egg is a lot skimpier than it should be...,
      12/06 Wall Street Journal, R1.

      spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
    • Crushing debt facing state governments stokes fear in financial analysts - Paying off loans could take years or create a crisis, 12/05 Boston Sunday Globe, A11.
    • The bond market is stumbling after a two-year run,
      12/06 WSJ, A1 pointer to C1.
    • Obama announced a tax deal with GOP leaders that would extend the Bush tax cuts..., 12/07 WSJ, A1:2 pointer to A1:3, A2.
      [AND extend the deactivation of major moneys in the top brackets and the freefall of state governments, consumer spending and our spiral downturn...]
    • [Nitwit Dept. -]
      The Fed's Bernanke pledged "100%" confidence that he could prevent runaway inflation during an interview with CBS's "60 Minutes', 12/06 WSJ, A1 pointer to A2.
      [But then, ANYONE could make that pledge during a depression=crisis of overconcentrated money supply, weakening consumer markets and falling prices = DEflation!  OK, OK, this could have been a response to a question, in which case, the interviewer is the nitwit...]
    • The Treasury Dept. set plans to sell the last of its Citigroup common shares in a $10 billion offering that would cap the government's biggest bank bailout of the financial-market meltdown.., 12/07 WSJ, A1 pointer to B1.
      ..The sale would represent a $12 billion profit for taxpayers.
      [2 comments: (1) don't count your chickens..., (2) even if it happens, check out Iceland, Ireland, etc., recently (and the next headline below).... Is it really smart to have your nation's whole money supply at risk in this downward staircase of investment bubbles during an unrestrained hyperconcentration of the money supply into a black hole in the hands of a tiny fraction of the population, beyond what they can invest sustainably and far far beyond what they can spend? A recession is, after all, simply an unsustainably larger allocation of the money supply to investment than can be supported by a given allocation to consumer spending, especially when consumer spending shrinks a little for every new millionaire and a little more for every new billionaire. And a depression is a long recession, with no end in sight until we adjust the workweek further downward (or have a big enough war to kill lots of Americans and create that magic labor shortage that raises wages (and consumer spending!) by market forces).]
    • Gold settled at a record $1,415.30 a troy ounce and silver hit a 30-year high of $29.705 an ounce, 12/07 WSJ, A1 pointer to A11.
      [= supposedly the financial meltdown-proof metals]
    • A lawsuit targeting alleged "history sniffing" is the latest to take aim at technologies that harvest Internet users' personal information, 12/06 WSJ, A1 pointer to B1.
    • Hungary's credit rating was downgraded two notches by Moody's, to just above junk-bond levels, 12/06 WSJ, A1 pointer to A11.
    • As Europe slips - 12/07 WSJ, B1.
      [except the biggest parts=Germany and France due to shorter workweeks and longer vacations, less labor surplus and more consumer spending per capita]
      ..firms feel chill of weak economy - The euro zone's economic growth slowed sharply in the third quarter as business investment stalled
      [But growth is not about investment (unless you want to keep doing a series of investment bubbles) - it's about having sufficient marketable productivity to invest in, and the U.S. can't even talk about growth at home without big helpings of government (=taxpayer) bailout and prison spending and military-defense spending - but "let's destroy government" anyway! The moronic American wealthy (and their teaparty patsies) have yet to realize that the U.S. Government is, has just been, and always was, their biggest all-time hedge against total catastrophe and ruin. It's their biggest tool, and they (all except Warren Buffett) want to defund it??? Their policy equates to Suicide, Everyone Else First - just like thet good ol' 'Merican boy, Jimmy Jones. We got a Jimmy-Jones power elite here - good news for the rest of the world cuz the old "last remaining superpower" USA was gettin' positively dangerous (not least to itself) and now, thankfully, we're seeing headlines like The Limits of Power (The Economist's World in 2011, p.37).]

      hope du jourtm  TIMESIZING instead of downsizing in the news (archives) -
      Google Search newsclips of what the world's doing that's on the right track - here's our latest ranking of leading countries - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
    1. Virginia localities to 'play defense' on more cuts, 12/06 CNBC.com
      RICHMOND, Va. - ..The cuts came as primary revenues for local governments — taxes on the value of real estate and personal property — are declining, or are, at best, flat. Local governments have cut hours for offices, libraries and recreation centers... - see whole article under today's date.
    2. Kingston school lunch program eyed, 12/07 Kingston Daily Freeman via dailyfreeman.com
      KINGSTON, N.Y. - ..District Superintendent..Gretzinger has said the district cut two employees and cut hours for several others on the school lunch staff when it first learned of the shortfall this summer... - see whole article under today's date.
    3. Two more hope to get seat on Langley council, 12/05 South Whidbey Record via Seattle Post Intelligencer via seattlepi.com
      LANGLEY, Whidbey Is., Wash. -..Thomas Gill..said that in any case, he would prefer to cut work hours than to lay off more employees. “Cutting people makes it difficult to get business done,” he said...
    4. New call to cut hours as junior medic collapses, 12/05 TheStandard.com.hk
      HONG KONG, China - ..Ho Pak-leung, former president of the Public Doctors' Assoc., said the [Queen Elizabeth] Hospital Authority should address the long working hours. "Most doctors, in particular the trainees, have no choice but to work more than 13 hours a day... Most doctors work consecutively for more than 24 hours at least once a week... This will badly affect doctors' health, and worsen the health of those already suffering from illness," Ho said. "They may be infected much more easily in virus-filled hospitals. They may in turn transmit the virus to patients." Leung Ka-lau, legislator for the medical sector, said similar incidents may happen if the authority does not regulate working hours. "Doctors' health is not protected at all," Leung said... - see whole article under today's date.
    5. Illegal immigrant families 'delight' at temporary extension of HGV working hours, 12/05 TheSpoof.com (satire)
      CALAIS, France - A traveling family of illegal immigrants awaiting transportation from France to England on a heavy goods vehicle [HGV] are said to be 'delighted' at the government's announcement that it has temporarily relaxed the legal restrictions on the length of time lorry drivers can work... - see whole article under today's date.
    6. BONUS clip - USPS job cuts barely dent $49B payroll, 12/05 Federal Times via Military Times via FederalTimes.com
      WASHINGTON, D.C. - As the U.S. Postal Service keeps racking up massive losses, top executives regularly tout their success in cutting employee work hours. But those cuts so far aren't paying off in cash savings... From 2008 through 2010, work hours fell 14% to about 1.2B. But pay raises and other expenses cut into the savings, and total personnel costs fell only 6%, to $49B... The imbalance in savings through cuts in work hours and cuts in payroll underscores how the vast postal work force could face mounting pressure for concessions on pay and benefits...
      [How about cutting top executives' salaries since they don't seem to deserve them?]

      Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.


      Today, we archive the whole homepage (below) cuz we're about to change it a lot -


      Timesizing ®  not downsizing
      We offer world's 1st 500-year view, dot-com political party, design, consulting, & URLs to suit your mood: worstcaseplan.com, masterplan.tv, criticalpath.info

      TIMESIZING is reducing hours to avoid layoffs. It's cutting the workweek, to spread employment & maintain markets, instead of cutting the workforce & markets. The workweek is arbitrary anyway, an historical accident. Timesizing means more jobs, shorter hours, same pay, cuz you've cut the labor surplus. Check out our timesizing blog and time trilogy. Our best hope for real recovery lies in spreading state worksharing programs & converting them to permanent timesizing.

        Calling all writers, all genres, all countries. Free consulting if you want to save your nation's economy and bring your country or language-area honour by making yourselves the pioneers of the next generation of economic design. We've run against the Kennedy's on this platform three times in USA (won 1000 times more votes per $) and pushed an old tried-and-true approach further than anyone else - this is the largest website on work-sharing in English - worksharing has a sustainable timesizing future, yielding a pattern for 4+ upgrades and a future, in round figures, of 500+ years of rising living standards.  If you're tired of surfing the buzzwords (nanotechnology, ecofeminism, postmodernism..) and you want some real design smarts applied to the big problems, this is your site. We grab the best of Bucky Fuller, Herman Daly, Ben Hunnicutt and system science, cut through the contradictions on the Right, Left & throughout contemporary economic "science." We jump to the heart of the matter, & lay it out.
                  To 'save the world,' you have to start at the right place. You can't start with hunger, because no one with money is hungry. You can't start with lack of money (poverty), because no one with a good job is poor. It all comes down to jobs. And jobs come down to on-the-job hours. Mess up your time arrangements and you mess up your whole society, because time counts it all. Keep pushing worksaving technology into a frozen 1940 workweek and you create so much job insecurity you get people working 90-hour weeks nextdoor to people caught in the latest round of downsizing and about to lose the house. How far into the age of robotics can we maintain a pre-computer workweek before employment collapses and with it, our markets?
                  This website straightens out the time mess and creates jobs by economic design, defined as the answer to the question, "What's the smallest change that would yield the greatest good for the greatest number?" The new design should be simpler than the tangled web we've woven and should actually be a series of designs to satisfy ever-rising expectations.
                  It should answer the obvious question: How do we solve our economic downturn? and the unasked question: As we concentrate our national income and wealth in the top brackets, is there a point where the process starts to undermine itself? The problem here is that, as the money supply is redestributed up the income brackets, its circulation gets slower and slower because fewer and fewer wealthier and wealthier people spend smaller and smaller percentages of their total money...
                  It also answers: How do we get wartime prosperity without war? That prosperity depended on a labor shortage that harnessed market forces to raise wages, spread the national income to the 'bottom' 90% who wanted & needed to spend it, and boosted spending, & marketable productivity, & sustainable investments. But can we get a labor shortage without killing people? We had actually found a way before the war interrupted and upstaged it = workweek reduction (1938,39,40: hrs/wk 44,42,40; unemployment 19,17.2,14.6%) – Walter Reuther called it "fluctuating workweek adjustment vs. unemployment." Wage workers & consultants already track their billable time via systems like *mytimeforce time & attendance. Salaried & piece workers will need "shadow timing." Pay & markets will rise as labor gets scarcer = wartime prosperity without war.
                  Use this website for worst-case planning, economic design, and news on the economy's doom du jour, spun anxiously as a "recovery" by both right and left, and critiqued from the 3rd way viewpoint of a student of ecology, linguistics and history.
        Today, as the lead-in to the Great Depression replays (with better *spindoctoring), we bring you doom du jourtm (below), but first,

        hope du jourtm   su-mo-tu, DEC.5-7, on sa-mo's news ::: triweekly updates (archives) -
        updating today from that cluttered kitchen north of Cambridge, Mass. -

        TIMESIZING instead of downsizing in the news (archives) - Google Search newsclips of what the world's doing that's on the right track - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
        [editor's comments in square brackets] (editor= Phil Hyde, timesizing@aol.com) -

      1. Virginia localities to 'play defense' on more cuts, 12/06 CNBC.com
        RICHMOND, Va. - ..The cuts came as primary revenues for local governments — taxes on the value of real estate and personal property — are declining, or are, at best, flat. Local governments have cut hours for offices, libraries and recreation centers... - see whole article under today's date.
      2. Kingston school lunch program eyed, 12/07 Kingston Daily Freeman via dailyfreeman.com
        KINGSTON, N.Y. - ..District Superintendent..Gretzinger has said the district cut two employees and cut hours for several others on the school lunch staff when it first learned of the shortfall this summer... - see whole article under today's date.
      3. Two more hope to get seat on Langley council, 12/05 South Whidbey Record via Seattle Post Intelligencer via seattlepi.com
        LANGLEY, Whidbey Is., Wash. -..Thomas Gill..said that in any case, he would prefer to cut work hours than to lay off more employees. “Cutting people makes it difficult to get business done,” he said...
      4. New call to cut hours as junior medic collapses, 12/05 TheStandard.com.hk
        HONG KONG, China - ..Ho Pak-leung, former president of the Public Doctors' Assoc., said the [Queen Elizabeth] Hospital Authority should address the long working hours. "Most doctors, in particular the trainees, have no choice but to work more than 13 hours a day... Most doctors work consecutively for more than 24 hours at least once a week... This will badly affect doctors' health, and worsen the health of those already suffering from illness," Ho said. "They may be infected much more easily in virus-filled hospitals. They may in turn transmit the virus to patients." Leung Ka-lau, legislator for the medical sector, said similar incidents may happen if the authority does not regulate working hours. "Doctors' health is not protected at all," Leung said... - see whole article under today's date.
      5. Illegal immigrant families 'delight' at temporary extension of HGV working hours, 12/05 TheSpoof.com (satire)
        CALAIS, France - A traveling family of illegal immigrants awaiting transportation from France to England on a heavy goods vehicle [HGV] are said to be 'delighted' at the government's announcement that it has temporarily relaxed the legal restrictions on the length of time lorry drivers can work... - see whole article under today's date.
      6. BONUS clip - USPS job cuts barely dent $49B payroll, 12/05 Federal Times via Military Times via FederalTimes.com
        WASHINGTON, D.C. - As the U.S. Postal Service keeps racking up massive losses, top executives regularly tout their success in cutting employee work hours. But those cuts so far aren't paying off in cash savings... From 2008 through 2010, work hours fell 14% to about 1.2B. But pay raises and other expenses cut into the savings, and total personnel costs fell only 6%, to $49B... The imbalance in savings through cuts in work hours and cuts in payroll underscores how the vast postal work force could face mounting pressure for concessions on pay and benefits...
        [How about cutting top executives' salaries since they don't seem to deserve them?]

        Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.

        doom du jourtm = today's headlines from helltm (archives)
        – face the bad news here in the context of a sustainable solution (above):


        vanishing RETIREMENT in the news (archives) - no problem with short-time full employment via timesizing -
      • Retiring in 10 years? Uh-oh - Your nest egg is a lot skimpier than it should be...,
        12/06 Wall Street Journal, R1.

        spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
      • Crushing debt facing state governments stokes fear in financial analysts - Paying off loans could take years or create a crisis, 12/05 Boston Sunday Globe, A11.
      • The bond market is stumbling after a two-year run,
        12/06 WSJ, A1 pointer to C1.
      • Obama announced a tax deal with GOP leaders that would extend the Bush tax cuts..., 12/07 WSJ, A1:2 pointer to A1:3, A2.
        [AND extend the deactivation of major moneys in the top brackets and the freefall of state governments, consumer spending and our spiral downturn...]
      • [Nitwit Dept. -]
        The Fed's Bernanke pledged "100%" confidence that he could prevent runaway inflation during an interview with CBS's "60 Minutes', 12/06 WSJ, A1 pointer to A2.
        [But then, ANYONE could make that pledge during a depression=crisis of overconcentrated money supply, weakening consumer markets and falling prices = DEflation!  OK, OK, this could have been a response to a question, in which case, the interviewer is the nitwit...]
      • The Treasury Dept. set plans to sell the last of its Citigroup common shares in a $10 billion offering that would cap the government's biggest bank bailout of the financial-market meltdown.., 12/07 WSJ, A1 pointer to B1.
        ..The sale would represent a $12 billion profit for taxpayers.
        [2 comments: (1) don't count your chickens..., (2) even if it happens, check out Iceland, Ireland, etc., recently (and the next headline below).... Is it really smart to have your nation's whole money supply at risk in this downward staircase of investment bubbles during an unrestrained hyperconcentration of the money supply into a black hole in the hands of a tiny fraction of the population, beyond what they can invest sustainably and far far beyond what they can spend? A recession is, after all, simply an unsustainably larger allocation of the money supply to investment than can be supported by a given allocation to consumer spending, especially when consumer spending shrinks a little for every new millionaire and a little more for every new billionaire. And a depression is a long recession, with no end in sight until we adjust the workweek further downward (or have a big enough war to kill lots of Americans and create that magic labor shortage that raises wages (and consumer spending!) by market forces).]
      • Gold settled at a record $1,415.30 a troy ounce and silver hit a 30-year high of $29.705 an ounce, 12/07 WSJ, A1 pointer to A11.
        [= the meltdown metals]
      • A lawsuit targeting alleged "history sniffing" is the latest to take aim at technologies that harvest Internet users' personal information, 12/06 WSJ, A1 pointer to B1.
      • Hungary's credit rating was downgraded two notches by Moody's, to just above junk-bond levels, 12/06 WSJ, A1 pointer to A11.
      • As Europe slips - 12/07 WSJ, B1.
        [except the biggest parts=Germany and France due to shorter workweeks and longer vacations, less labor surplus and more consumer spending per capita]
        ..firms feel chill of weak economy - The euro zone's economic growth slowed sharply in the third quarter as business investment stalled
        [But growth is not about investment (unless you want to keep doing a series of investment bubbles) - it's about having sufficient marketable productivity to invest in, and the U.S. can't even talk about growth at home without big helpings of government (=taxpayer) bailout and prison spending and military-defense spending - but "let's destroy government" anyway! The moronic American wealthy (and their teaparty patsies) have yet to realize that the U.S. Government is, has just been, and always was, their biggest all-time hedge against total catastrophe and ruin. It's their biggest tool, and they (all except Warren Buffett) want to defund it??? Their policy equates to Suicide, Everyone Else First - just like thet good ol' 'Merican boy, Jimmy Jones. We got a Jimmy-Jones power elite here - good news for the rest of the world cuz the old "last remaining superpower" USA was gettin' positively dangerous (not least to itself) and now, thankfully, we're seeing headlines like The Limits of Power (The Economist's World in 2011, p.37).]

      Features:  • missed recent hope/doom du jour?   check out past hopes/dooms du jour
      design features  • bibliography  • site map  • links  • time trilogy: vol.I vol.II vol.III  • the big question 
      makework  • the history of the American workweek  • 30-hr. bill  business 'cycles'  • courses  • legislation 
      contradictions in mainstream economics  • class in America  • growing disparity  • worst case plan  • economic design 


      Timesizing means full employment without makework or inflation.
      How? By adjusting the workweek down & up - instead of firing & hiring - based on a comprehensive blueprint for a green economy & a new worktime economics where, 100 years from now, people will be...
    • repeating our basic economic slogan - "No Overtime Alone!" - in other words, if a manager 'needs' overtime (OT), s/he either hires temps or makes sure the skill bottleneck behind the OT gets opened up by setting up OT-targeted training
    • asking one another, "What's the workweek this month?" - in other words, work pressures are dynamically shared as incoming technology cuts their duration but boosts their stress
    • accommodating workoholics while blocking inflation, by unleashing "love to work" incentive (deflationary) while capping the money motive (inflationary), & balancing the two
    • For over six years (1999-2004 and 2009-), we at the Timesizing Wire have been tracking what's rancid beneath the "recovery" via America's top two newspapers, the Wall Street Journal on the right & the New York Times on the left (often from *Wainwright Bank reading room in hip Davis Square, Somerville, Mass.), with occasional input from the London Economist on the right, the Boston Globe on the left, Canada's national paper, the Toronto Globe & Mail, and various regional papers around Ottawa & Quebec. We pick up timesizing stories wherever we find them, but mainly from Google News Search. Then we paused for four years to establish a Canadian branch when the USA failed to get rid of the suicidal Bush regime in 2004, and now that the US has gone back to the slower Democratic rate of self-deterioration, we've resumed our daily updates.
      Timesizing’s 3rd way is centrist and deep green, not just light or pinkish green like the Green Party's grocery list of ad hoc, unintegrated & unprioritized issues. Timesizing satisfies the right with smaller government and bigger firmer markets & the left with a simpler stronger social safety net that makes the right clean up their own recessions instead of continuously inducing them by privatizing and concentrating profits & nationalizing and centrifuging losses. Our Timesizing solution is based on working models, American history (especially 1933 ), on economic design, on ecology, and on worktime economics, linguistics, Limits to Growth, and Buckminster Fuller.  The deep green center is the future, and we strategize for the next 100-1000 years, not just the next three months (quarterly report) or four years (U.S. presidential term). And we are always and everywhere under construction, & asterisked links take you *outside our site.

      the problem, vs.
      the timesizing solution
               (in deteriorating stages)                               (in stepped enhancements)                    
    • long workweek; short vacation
    • clue 1
    • electronic democracy vs PACs & lobbyists
    • downsizing; makework
    • market reinvestment vs corporate welfare
    • takeoversbankruptcy;  prison
    • clue 2
    • job&wage insurance vs gov't jobs programs
    • unemployment homelessness
    • geared to problem vs emotional guesswork
    • forced retirement disability
    • clue 3
    • plugging leaks vs Stinnes and Malthus
    • suicides;  headlines from hell
    • transitions vs abrupt cures worse than disease

    • Pie in the sky?  Click on Design Solutions for rebuttals of Impractical!  Unconstitutional!  Socialist!  Uncompetitive!  Inflationary!  Anti-small business!  Lump of Labor Fallacy!...
      And did we mention the Working Models?

      For details, see our social-software manual, in simple language -


      This numbered, first edition is available from *Amazon.com.



      More angles on Timesizing
      (Join shorter worktime e-list by emailing swt-digest-request@swt.org with 'subscribe' as msg)

      Bibliography | Audiences | Research Priorities | Phil's Bio
      Politics |The Forgotten Republican Key to Small Government | Sayings
      Investment Advice | Why should I be forced to stop work at a certain #hrs/wk?!
      America's Massive Pervasive Makework | Letting off steam | Opus Errata
      Timesizing Courses | Website History | Website Reactions

      This website, best viewed with *Mozilla Firefox, *Netscape or *Explorer, is dedicated to the memory of John Kowal of Buffalo & Brookline, our feistiest friend.  The website is under constant micro-enhancement & experimentation.
      • basic setup was by John MacMillan of Billerica, Mass., USAF Ret. & Mass. GOP webmaster
      • website-host & -registrar coach is Denise Traver, NPS Ret. & webmaster of *HitTheTrail.com
      • logo scanning by Paula Archer Information Services of Belmont, Mass. (617) 489-7980
      • tactics by *Lao Tzu and *'Obvious Adams' (Robert Updegraf)
      • website hit-hiking by Addme.com - if you'd care to try it, click here
      If we have more text & less graphics than you like, here's some background.

      News tips, commentary requests, questions, comments?  Email us at timesizing@aol.com, or Return to Top
      * An asterisk (*) before a hotlink means *hotlink will take you outside our website.
      -------------------------------------------------------------------------------------------------------------------


       fri-sat, DEC.3-4, on thu-fri's news ::: triweekly updates (archives) -
      updating today from that cluttered kitchen north of Cambridge, Mass. -

      TIMESIZING instead of downsizing in the news (archives) - Google Search newsclips of what the world's doing that's on the right track - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
      [editor's comments in square brackets] (editor= Phil Hyde, timesizing@aol.com) -

    1. TWC honors local companies, 12/03 Odessa American via oaoa.com
      MIDLAND, Tex. - ..Basic joined forces with Workforce Solutions Permian Basin to implement a shared work plan to supplement employee income and reduce the impact of company downsizings... - see whole article under today's date.
    2. More Job Details, 12/03 Wall Street Journal (blog) via blogs.wsj.com
      WASHINGTON, D.C. -..Overall work-week was unchanged at 34.3 hours, which is nearly French-like... - see whole article under today's date.
      [Except that in France, the 35-hour workweek defines full-time employment and carries with it all full-time benefits.]
    3. So Much for Momentum, by David Leonhardt, 12/03 New York Times (blog) via economix.blogs.nytimes.com
      NEW YORK, N.Y. - The average length of the workweek remained stuck at 34.3 hours. What's causing this? No one knows, to be honest... - see whole article under today's date.
      [This isn't being honest. It's not seeing the nose in front of his face. Companies in profit are stil downsizing and outsourcing. They're still overworking and under-reporting the hours of existing employees. And with the resulting rise of economic insecurity, consumer markets and spending are spiraling downward. Case closed.]
    4. Morning Watch, 12/03 Optionetics.com
      WASHINGTON, D.C. -..Economists look at the average workweek for signs that businesses are preparing to hire. This is because a rise in the average workweek shows that businesses are getting all they can out of current employees... - see whole article under today's date.
      [An odd thing to say when the average is only 34.3 hours, and American medicos think it's fine to get 80 hours out of their interns.]
    5. Conservation District Office Will Go To 4-Day Work Week, 12/03 NorthCentralOhio.com
      ASHLAND COUNTY, Oh. - The Ashland County Soil and Water Conservation District Office will go to a four-day work week beginning in January. At Thursday's Ashland County Commissioners meeting, Soil and Water Conservation District program administrator Cathy Berg said the office would probably be closed on Fridays at the county's service center on Ohio 60 to reflect slower days in other departments located there and because of budget constraints... - see whole article under today's date.
    6. States [=island's parliament] urged: ‘Be careful on the jobs front’. by Harry McRandle, ThisIsJersey.com
      ISLE OF JERSEY, Brit.Cmnwlth - More Island businesses expect to make people redundant and cut working hours in 2011 than they did when asked the same questions earlier in the year... - see whole article under today's date.
    7. Spaniards shocked by strike of "privileged" controllers, 12/04 (12/05 across dateline) MSN Philippines News via news.ph.msn.com
      MADRID, Spain - ..The government stipulated Friday that the maximum time worked by air traffic controllers was 1,670 hours a year -- just over 32 hours a week -- but said that this total did not include non-aeronautical work... - see whole article under today's date.
      Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.

      doom du jourtm = today's headlines from helltm (archives)
      – face the bad news here in the context of a sustainable solution (above):


      spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
    • Good jobs news hardly merits a celebration, by Kelly Stevens, 12/03 Wall Street Journal, C1.
      Even if the U.S. labor market is picking up steam, the battered ship is still miles away from port...
    • Jobs setback still clouds "recovery" [our quotes] - Hiring slows down, stirring doubt on economy's strength, 12/04 WSJ, A1.
      ..added just 39,000 payroll jobs in November, a sharp slowdown from the prior month... The unemployment rate jumped to 9.8% from 9.6% in part due to more people joining the labor pool...
      [Meaning the existing U.S. unemployment measure is lethally flawed because it's normally ignoring people who need jobs but aren't "actively looking" at the moment of the survey - America has economic morphine, not economic indexes...]
      ..dashing hopes that the recovery is gaining momentum...
      [or that it even EXISTS...]
    • No joy for housing in jobs [data],
      12/04 WSJ, B18.


      Back to normal (below)...


       wed-thu, DEC.1-2, on tue-wed's news ::: triweekly updates (archives) -
      updating today from that cluttered kitchen north of Cambridge, Mass. -

      TIMESIZING instead of downsizing in the news (archives) - Google Search newsclips of what the world's doing that's on the right track - the core solution is so obvious, nobody's noticing it - usually it's just one item on a list - few yet realize it's the ink & paper of the list itself - it's our closest candidate to a single all-sufficient control and despite *dismissal by the 'experts,' it's reinvented thousands of times a day in every downturn by businesses & governments, for ex.,*Washington State's video on replacing downsizing with timesizing alias 'shared work' -
      [editor's comments in square brackets] (editor= Phil Hyde, timesizing@aol.com) -

    1. Va. government reform commission issues recommendations, 12/01 AP via Tasley Eastern Shore News via DelMarVaNow.com
      RICHMOND, Va. — ..Encourage agencies to offer health and retirement benefits to public employees who work a minimum of 32 hours a week... - see whole article under today's date.
    2. LCQ3: Standard working hours, 12/02  7thSpace Interactive (press release) via 7thspace.com
      HONG KONG, China - ..Some members of the labour sector have pointed out that, at present, it is very common for employees in Hong Kong to undertake overtime work without compensation, and this situation has even spread to various sectors and industries; and with the implementation of the Minimum Wage Ordinance, it is believed that this problem will aggravate. As it is stated in the 2010-2011 Policy Address that the Government will embark on a policy study on standard working hours, various sectors of the community have expressed concern about and attached importance to the matter... - see whole article under today's date.
      Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.

      doom du jourtm = today's headlines from helltm (archives)
      – face the bad news here in the context of a sustainable solution (above):


      growth-choking DOWNSIZING in the news (archives) - all reversible by a shift to timesizing -
    • National [Bank of Canada] boosts dividend, cuts [35] staff - Q4 profit up 19%, 12/01 National Post, FP1.
      ..from its high-profile international-equities section...
      [And THAT is the way current management has created this recession, and is still worsening it by persisting in trying to get UPsizing, alias growth, out of traumatic and destructive DOWNsizing (dream on, Schumpeter, there's nothing "creative" about this "destruction") - instead of practicing a totally positive and growth-friendly strategy, such as TIMEsizing (and transitional worksharing wherever needed).]

      BANKRUPTCY tsunami in the news (archives) - staunched only by risky war or safe timesizing -
    • Credit squeeze threatens to swell the march to bankruptcy,
      12/02 Wall St Journal, C1.

      spiraling ECONOMIC DECLINE via $$ funnel-up (archives) - solved by war, or smarter, timesizing -
    • Several economic reports showed that the U.S. economic recovery is gaining steam, but remains too weak to bring down high unemployment, 12/02 WSJ, A1 pointer to A4.
      [Got news fer ya - employment creates recoveries, not vice versa. If several economic reports are showing "recovery gaining steam," it's just vapor. No employment, no recovery. No centrifugation of the money supply, no markets, no economy.]
    • Rebound [Canada's] loses its bounce - Economists warb=n of slow 2011 as Canada's 1% growth in Q3 disappoints, 12/01 National Post, FP1.
    • As Canada's economy slows, exports to U.S. become more crucial, 12/01 Toronto Globe, B1.
      [At a time when the U.S. consumer base is shrinking?? More crucial is for Canada to become more self-reliant, economywise, by restoring full employment and markets, however short a workweek it takes.]
    • Jobless rate [Canada's] of 8% may persist, 12/01 National Post, FP3.
      [That's lower than the US's 9.5% but still a lot of deactivated consumers and wasted consumer-markets potential.]
    • European crisis [mild compared to US's] fuels fears of defaults, weaker EU states.
      12/01 National Post, FP1.



      Click for dooms du jour in -
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      January 1-30/2004
      December 2-31/2003
      November/2003 + Dec.1
      October/2003
      Sept.2-30/2003
      August/2003 + Sep.1
      July/2003
      June/2003 + May 31
      May 1-30/2003
      Apr/2003
      Mar/2003
      Feb/2003
      Jan/2003
      Dec/2002 + Nov.30
      Nov.1-29/2002
      Oct/2002
      Sept/2002
      Aug/2002
      July/2002
      June/2002
      May/2002
      Apr/2002
      Mar/2002
      Feb/2002
      Jan/2002
      Dec/2001
      Nov/2001
      Oct/2001
      Sept/2001
      Aug/2001
      July/2001
      June/2001
      May/2001
      Apr/2001
      Mar/2001
      Feb/2001
      Jan/2001
      Dec/2000
      Nov/2000
      Oct/2000
      Sep/2000
      Aug/2000
      July/2000
      June/2000
      May/2000
      Apr/2000
      Mar/2000
      Feb/2000
      Jan/2000
      Dec/1999
      Nov/99
      Oct/99
      Sept/99
      Aug-July/99
      June-May/99
      before April 30/99

      For more details on the work-sharing approach, see our layman's guide Timesizing, Not Downsizing which is available at bookstores in Harvard Square, Cambridge, Mass. or from *Amazon.com online.

      Questions, comments, feedback? Phone 617-623-8080 (Boston) or email us.


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