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Worse, some analysts say that even the banks' recently deflated earnings are likely stronger than they would have been without government help. Banks have been reporting that consumer credit is improving, with fewer individuals falling behind on their mortgage or credit-card bills. But programs like the government's Home Affordable Modification Program are allowing some borrowers to skip mortgage payments and temporarily lower their bills. If that is the main reason banks are reporting fewer bad loans, that improvement may not last...
Presumably, the airlines don't mind because the change means they need fewer ramp personnel, and now they get paid every time they do handle your bag. In reality, it's the airline flight crews who are now doing the baggage handling, for no extra wages - and don't they enjoy it. (See 10 things you didn't know about money...
...think intrinsic motivators are stronger than external rewards? I think they're more important for creative, conceptual tasks. If-then motivators - if you do this, then you get that - are really good for routine algorithmic tasks. The problem is fewer of us are doing that kind of work. Now, that doesn't mean that we stop paying people. Intrinsic motivators are clearly the primary root to high performance. In the world of behavioral science that's not even controversial; the idea just hasn't migrated to business. (See the best business deals...
What ever happened to David Mamet? It may seem an odd question to ask about a playwright who is so constantly with us. No fewer than three of his plays--American Buffalo, Speed-the-Plow and Oleanna--have been revived on Broadway in just the past year or so. His terse, fragmented, elliptical dialogue; his rogue's gallery of hustlers, con men and losers; his twisty, shaggy-dog plots; his cynical take on the American dream--Mamet's style and themes have seeped into nearly every pore of American theater. (Non-American theater too: Martin McDonagh, whose Irish black comedies...
...Sources on all sides say they believe there ultimately will be a compromise that would maintain the tax but lift the threshold, so that it would be applied to fewer policies. Yet that would leave the question of where to raise the lost revenue; Obama has insisted that any bill that reaches his desk not add to the total federal deficit over the next 10 years...