Search Results - th-century motif-wealthy

Comment on: Blog Post 'Wasted Opportunity': e/index.html Inequality in America is getting worse. The gap between the "haves" and "have nots" is widening, according to the latest data out this week. The rich are money-making machines. Today, the top mega wealthy -- the top 1% -- earn an average of $1.3 million a year. It's more than three times as much as the 1980s, when the rich "only" made $428,000, on average, according to economists Thomas Piketty, Emmanuel Saez and Gabriel Zucman. Powered by SmartAsset.com SMARTASSET.COM Meanwhile, the bottom 50% of the American population earned an average of $16,000 in pre-tax income in 1980. That hasn't changed in over three decades. As if that's not depressing enough, living the American Dream is also getting harder to do. Millennials, born in the 1980s, only have a 50% likelihood -- a coin toss chance -- of earning more money than their parents did, according to new research released this month from the Equality of Opportunity Project. It wasn't always this way. In the 1940s, almost everyone in America grew up to be better off financially than their parents. While money isn't the only definition of success, more wealth typically leads to bigger houses, grander vacations, fancier cars and more opportunities to advance. "Children's prospects of achieving the 'American Dream' of earning more than their parents have fallen from 90% to 50% over the past half century," the researchers wrote in their report. Related: Trump's new plan to save jobs Wealthy taking a bigger piece of 'pie' The wealthy didn't always take such a big share of the proverbial "pie." In the 1970s, a decade generally seen as fairly prosperous, the top 1% of Americans earned just over 10% of all U.S. income (i.e. the "pie"). Over time, the rich became more lucky -- or more greedy. Today the top 1% take home more than 20% of all U.S. income. As the wealthy earned more, someone else in America had to get less. The bottom 50% went from capturing over 20% of national income for much of the 1970s to earning barely 12% today. The turning point started around 1980, as seen in the graph below. By the mid-1990s, the fortunes of the top 1% were clearly on the rise and those of the bottom half were declining rapidly. Related: Elizabeth Warren watchdog under siege Wages aren't going up for bottom 50% The Great Recession hit everyone hard. While job losses hit the bottom half, the tanking of the stock market and the sharp drop-off in home and property values caused the wealth of the top 1% to also fall dramatically. Around 2009 and 2010, inequality narrowed slightly because the rich had lost a lot of wealth. But since then, inequality has grown and is on track to widen further. The wealthy have recovered far faster as the stock market has surged over 230% since bottoming out in March 2009 and property values have shot back up to pre-recession levels. In the meantime, wages for the bottom aren't moving. The U.S. tax system is supposed to help the poor. Yet even after-tax income shows that the bottom 50% averaged just $25,000 a person in 2014, according to the latest data. That's just a touch above the $20,000 someone in the bottom half earned way back in 1974 (after adjusting for inflation). "Income has boomed at the top: in 1980, top 1% adults earned on average 27 times more than bottom 50% adults, while they earn 81 times more today," write Piketty, Saez and Zucman. …; Added by Keith D. Halperin at 1:04pm on October 2, 2017

Blog Post: Make Your “Tomb Raider” Dream Adventure Come True at Angkor Archaeological Park !

If you are looking for fun adventure and excitement, Cambodia could offer you a great deal. Feel free to be like Lara Croft or Indiana Jones while trekking inside the magnificent temples…

Added by Charles Saints at 10:09pm on March 7, 2016

Blog Post: Digging Into RBC v 2.07

Digging Into RBC v 2.07

(Feb 20, 2009) Last night, I got into a long conversation about the meaning of "media", how it has evolved and what it means for the HR/HCM/Recruiting Industry. It…

Added by John Sumser at 12:43am on February 20, 2009

Blog Post: The Evolution of the Job Posting

It might be…

Added by Maury Hanigan at 1:08pm on February 29, 2016

Blog Post: Artificial Intelligence: Will It Destroy or Create Jobs?: In the first quarter of the 19th century, a series of violent revolts in…; Added by Kevin Ko at 2:26pm on September 7, 2017

Topic: Digging Into RBC v 2.07: out of a round of appreciation for Rayanne Thorn's new vehicle, "Bonus Track". The idea behind "Bonus Track" (graciously sponsored by MaxHire.net) is to provide deeper insight into the business aspects of recruiting from philosophy to time management. The model is a conversation starter, that might include an interview, coupled with a ripping good discussion on the merits of the topic. This is a form of training that was not possible before the web. This new media, "interactive conversation as courseware" is shifting the power base all over our industry. Recent debates about the value of motivational speakers with no immediate feedback loop are part of the evolution. It's worth looking over our shoulders for a moment. The idea of a "medium" comes from painting. The "medium" is the liquid in which pigment is mixed by a painter." The medium carries the pigments. Pigments supply the color, the medium supplies properties of adherence and spreadability. Every definition of medium is a metaphor based on the physical medium used in painting. Media is simply the plural of medium ie, one medium, two media. Radio is a medium, Radio waves carry sound. Record albums are a medium. Vinyl carries sound. Television is a medium. Radio waves carry video. Cable is a medium. Paper is a very important medium. Cassettes, eight track tapes, posters, PA systems, ink, and CDs are all forms of media. Each form of media has its own characteristics. They are so unique that Marshall McLuhan is known for saying that "the medium is the message" (Actually, he said "massage") He meant that the way that information is transmitted profoundly influences its meaning. Take tattoos on your bottom, for example. That's the evolution of today's usage of the words media and medium. A process through which information is transmitted. Things really changed when media became digital. Up until then, it took a great deal of capital to create content and distribute it. The media was so expensive that only the wealthiest could broadcast, publish, record, write, distribute or recycle. The ownership of media was concentrated in a few hands. In general, they were the very spoiled great grandchildren of really interesting 19th century entrepreneurs. The personal computer changed all of that in under a generation. What was once the province of the wealthy became everyman's playground. It's easy to do things today, like publishing a blog or posting your status on twitter, that were not even possible to imagine 20 years ago. The focus on the technology, however, keeps us from seeing the real revolution. Education, news distribution, creativity, experimentation have all become personal. We each are able to do what could only be done by corporate giants 15 years ago. It's easy, fun and profoundly better. So when Rayanne adds another Bonus Track, she is exercising a pioneering process. She's homesteading, as we all are, in a great new world. Our forty acres and a mule are blogging tools, netbooks and wireless connections. The amount of opportunity that has been thrust upon us is staggering. That's why it galls me to see Recruiters acting like old fashioned media owners, lazy, spoiled and stupid. The new media fosters such quick intimacy; so, sending out mass quantities of bulk email is embarrassing for our profession. Spamming (sending many copies of the same email to a large group) is an ineffective use of the new toolset. It's a way of repeating the errors that were allowed when media ownership was concentrated. We could be setting powerful examples of how to make social media really work, we seem to prefer the thoughtless imposition of our sloth on already overburdened potential customers. It's sad. The good news is that folks like Rayanne are setting a more positive example. I'm on Twitter, Facebook, LinkedIn and Friendfeed. Catch up with me.Free Webinar: Sumser and Dimitri Boylan : Adding Strategic Value In Downcycle Recruiting Feb 26th 1PM PST Register here …; Added by John Sumser at 12:44am on February 20, 2009

Blog Post: The Billion Dollar Ballers and How Much They Pay Their Staff

If we trawl back through the depths of history, we are able to lay our eyes on some pretty wealthy figures.

We aren’t talking mere millions here either. No, that would be considered pocket…

Added by Caitlin Purvis at 10:50am on October 8, 2020

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