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...example, pre-Proposition 13, California public schools were among the finest in the nation. After Proposition 13, education spending per pupil dropped to 48th in the nation. The state's educators and parents then rallied behind Proposition 98, which by a complex formula apportions roughly 40% of the state budget to K-14 education. In the past three decades, other special interests have authored - and voters have passed - numerous ballot measures dictating that millions in state funds go to various pet causes. Many of these measures, including a preschool initiative sponsored by Schwarzenegger in 2002, mandate a program but fail...
...electronics firm Philips first created it for use by secretaries and journalists. Sony, who by that point had become experts in bringing well-designed, miniaturized electronics to market (they debuted their first transistor radio in 1955), made a series of moderately successful portable cassette recorders. But the introduction of pre-recorded music tapes in the late 1960s opened a whole new market. People still chose to listen to vinyl records over cassettes at home, but the compact size of tapes made them more conducive to car stereos and mobility than vinyl or 8-tracks. On July 1, 1979, Sony Corp...
...industry backed the Senate's on-the-menu provision in an effort to pre-empt a patchwork of state and local statutes (13 have passed, and 30 or so more have been introduced). Such legislation would prevent a municipality from requiring both calories and, say, saturated fat to be tallied on menus. (The fried macaroni and cheese at the Cheesecake Factory has a staggering 69 grams of saturated fat - more than you should eat in 3½ days.) (See how many calories are in the McDonald's Chocolate Triple Thick Shake...
...perks are dwindling. "The landscape may be permanently changed in terms of what American employers are able to provide in total rewards," says Sejen. "Many employees will be looking at permanently reduced levels of compensation and benefits." The areas where HR officials don't expect to restore spending to pre-recession levels include company health-care insurance contributions, travel reimbursements and retirement savings matches...
...their part, employers are demanding better talent and faster service. Given the broader pool of talent on the market, recruiters are expected to serve up a mix of candidates that's superior to a typical pre-recession pool. Clients also expect searches to be completed more quickly. Instead of waiting 75 or 90 days from the start of a search to its conclusion, many clients want a candidate in place within 60 days...