Tuesday, June 30, 2009

Jobs Summit 'incubation period' ends

During the past 12 years, whenever my company has failed to perform to its owners' expectations, it has invariably called for "ideas". But in the end, it has ignored most of these, and simply made more workers "redundant".

The above cartoon is from the Manawatu Standard of June 29, 2009.

Sunday, June 28, 2009

McDonald's has the last laugh

Fast-food outlets seem to be among the few businesses prospering at the moment. Incidentally, what's the point of telling people they should eat more healthy food when they are increasingly unable to afford to buy it?

(The above cartoon is from the Manawatu Standard of June 26, 2009. Click on the cartoon to enlarge it.)

Reflections on the 'Jobs Summit'

I'm surprised that anyone still remembers the "Jobs Summit" of February 27, 2009. I had to go to the New Zealand Herald to refresh my memory. Here is part of what I found:

"A nine-day working fortnight, an investment fund worth hundreds of millions of dollars and – the surprise item – a cycleway the length of New Zealand are among the few specific ideas to emerge in a 21-point plan to counter the ailing economy.

"Prime Minister John Key will give priority to working on taxpayer-paid training subsidies for businesses that cut a working fortnight to nine days, with nine days' pay."

All these proposals seem to have been eclipsed by the continuing loss of jobs.

(The above cartoon is from the Manawatu Standard of June 25, 2009.)

Monday, June 15, 2009

No liftoff in economy

On June 11, the Reserve Bank kept the official cash rate at 2.50 per cent, prompting the above cartoon in the June 12 edition of the Manawatu Standard. Looking at movements in the rate during the past few years, it's hard to believe that, between July 2007 and June 2008 it was unchanged at 8.25 per cent.

Bank interest rates on the deposits of pensioners are still appallingly low, though they have recently moved to about 4.25 per cent. Someone in the office says, "I'm waiting for the suicide rate among pensioners to skyrocket".

Saturday, June 6, 2009

Loaded Web directory a winner

"Here at Loaded Web we are trying to be the first purely geo-based blog directory. This means we want to organize blogs primarily by geography - where the blogger is from.

"So we have to grow slowly but surely - first [covering] countries we know a lot about (Canada, the US, the UK, Australia, and New Zealand) before we expand into other countries."

That's all the info I can find at Loaded Web, which promises to be a very useful directory.

Yellow Pages for Palmerston North, New Zealand