09/23/22

The Generation Z Worker Challenge

The Gen Z worker presents a challenge to employers particularly startups and small businesses.

First, let’s define our terms:

Generation Z workers are 25 and younger

Millennials are 26 – 41

Gen X workers are 42 – 57

Boomers II are 58 – 67

Boomers I are 68 – 76 Continue reading

09/22/22

Russian War Crimes in Ukraine Theater

Today in New York, the United Nations Security Council meets to discuss Russian war crimes in Ukraine. This will be a circus.

Since Russia invaded Ukraine more than 5,000 Ukrainian civilians are dead at Russian hands. These are not soldiers killed in fighting; these are innocent civilians killed by Russian attacks on civilian targets. Continue reading

09/16/22

Embedded Inflation

Do y’all recall when inflation was “transitory?” When the Secretary of the Treasury and the POTUS used to assure us that inflation was going to come and go? That the target would continue to be 2% – which, in fact, it had been?

Well it’s more than a year later and, clearly, that is not going to happen. In fact, we are in this inflationary spiral for the long term — meaning three years until there is any relief.

How did we get here, Big Red Car?

Let’s review the bidding to see how we got here, shall we?

This chart is not lying to you. Study it.

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09/12/22

Quiet Quitting

Once the folks have left the farm and seen Paris, it is hard to get them back in the traces. During the pandemic — which is officially over, right? — the work force got used to working from home.

WFH had huge real and perceived benefits: no commute, no cost to commute, no commute stress, no time lost in commuting, pajamas, improved work-life balance meaning you could jam personal time into company time, and a sense of control over things.

WFH also extracted huge costs in the employer – employee relationship.
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09/7/22

The German Blunder, Chancellor Merkel’s Disaster

In late September 2018 — four years before the Russian invasion of Ukraine — the American President gave a speech, a prescient and foretelling speech, at the United Nations in which he cautioned the German nation not to become dependent upon Russia for its energy needs.

President Donald J Trump in a reflective moment before giving his best foreign policy speech at the United Nations at the high point of his tenure.

In that speech the American President said:

Reliance on a single foreign supplier can leave a nation vulnerable to extortion and intimidation. That is why we congratulate European states, such as Poland, for leading the construction of a Baltic pipeline so that nations are not dependent on Russia to meet their energy needs. Germany will become totally dependent on Russian energy if it does not immediately change course.

He was referring to the completion of NordStream II and the continuing operation of NordStream I.

Continue reading