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Showing posts with label Life Style. Show all posts
Showing posts with label Life Style. Show all posts

12/29/11

Plastic Surgery - Miami the most vain city in the world ?

If you find people who haven’t had tummy tucks, laser facial hair removal and botox to be gruesomely ugly and unkept you might want to consider moving to Miamia, Fl., the area that was most recently called the most “vain” of all U.S. based cities and probably also of the world.

According to a LivingSocial.com survey Miami is the worst city and is then followed by Chicago, Atlanta, Philadelphia, and Phoenix. Surprisingly Los Angeles didn’t manage to make the Top 5 list.

In Miami 53% of respondents said women are more beautiful in their city while 38% said men were more handsome. According to one female Miami resident: “It’s all about your image, it’s what you’re wearing, the bag that you’re carrying, and the car you’re driving.”

11/12/09

NYT: American Wages Are Out of Balance - by Edward Hadas and Martin Hutchinson

Will Americans be able to sustain their life style?


For the complete report from the NYTimes.com click on this link

American workers are overpaid, relative to equally productive employees elsewhere doing the same work. If the global economy is to get into balance, that gap must close. Americans take advantage of the higher productivity that makes their country rich: better education and infrastructure, abundant capital and a strong work ethic. But how much higher should American wages be? The answer depends in large part on two measures: the difference in productivity in making goods that can be traded across borders, and the quantity of such goods. Both measures point to a narrowing wage gap. Many factors are raising productivity in poor countries. Fast development, cheap capital and more efficient shipping all help. Cheap communication via the Internet reduces costs and makes it easy to trade many more goods and especially services. The global wage gap has been narrowing, but recent labor market statistics in the United States suggest the adjustment has not gone far enough.

Global wage convergence is great for the poor but tough on the overpaid. It’s possible to run the numbers to show that American manufacturing workers should take average real wage cuts of as much as 20 percent to get into global balance. The required cut may be smaller. But if American wages get stuck above global market-clearing levels, as in the 1930s, the result could well be something approaching Depression-era levels of unemployment.