Word: machinist
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...That?s bad news for the machinist who?s out of a job, but it?s nothing but good news for the economy as a whole. After all, here?s the scheme for the recovery, whenever it comes: Companies cut costs. Eventually they return to profitability. Prospects improve. Wall Street rewards them with increased stock valuations. They use the cash to invest in further efficiency and productivity gains so they can sell more for less, and voila! The business cycle is back on the upswing...
...Labor Department reported Friday that manufacturing, the sector of the economy unequivocably in a recession for a full year, cut 141,000 jobs - 141,000 workers from their payrolls in August. For the machinist who has to go home and tell his wife he?s out of a job, that?s bad. And it?s a sign of how glum everybody is that Wall Street sold hand-over-fist on the news - with the Dow shedding 240 points by early afternoon. (These days, investors are so strung out by this slowdown - and the Fed is easing so implacably - that most...
THUMBS UP Wouldn't it be great if you could grow your own body parts? Well, an experiment begun three years ago to do just that has proved a resounding success. After a Massachusetts machinist lost part of his thumb in an industrial accident, bone cells were taken from his forearm, placed on a thumb-shaped scaffolding made of coral and implanted on the digit. Now the coral is dissolving, new bone tissue is growing and the patient is able to write, grasp and otherwise carry on with normal activities...
...love at first byte. "I couldn't get enough," he says. "As soon as I sat down at it, I got it." He skipped lunch hours and stayed late after school to get a turn at the terminal. Neither of his parents?his dad is a machinist, his mom a store clerk?had even used a typewriter. Hungry for more than he could learn in his small hometown, Eyestrain went to Manila at age 17 to attend Systems Technology Institute, a technical college that offers low-cost programming courses. The classes were disappointing: Eyestrain found that he knew more than...
...family, including his elder brother Dean, 38. Their parents' divorce cleaved the family into separate camps, and Keith wanted no part of either one. "I was really angry," he says. He also felt that he, a self-described "meek intellectual," had nothing in common with his tattooed, motorcycle-riding, machinist brother. Then Dean started telephoning a couple of years ago, just to see how Keith was doing. Keith, to his surprise, was happy to get the calls. Dean says he had no particular plan, that he had never even thought about the years when they were out of contact...