Word: wage
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Sources familiar with AARP say the group will for the first time acknowledge that "third rail" political issues like raising the retirement age, indexing Social Security benefits for age and increasing the taxable wage base need to be openly debated. And Novelli says AARP won't lobby just for its powerful constituency, the 37 million citizens over 50 who belong to his organization. "We have to be fair to all generations, and all options should be on the table," he says. "But AARP is going to be vocal and strong...
...Uglydolls?each accompanied by a quirky, amusing narrative?have plopped down at the forefront of the designer-toy movement. The dolls' creators, David Horvath and Sun-Min Kim, are themselves outsiders in a nearly monopolized corporate toy industry. Their first doll, a snaggle-toothed, apron-donning orange blob named Wage who, the story goes, works at a grocery store and lives for chocolate-chip-cookie dough, was born in 2001 not as a pop-culture collectible but as a love letter turned art project...
...show his drawings of what were to become Uglydolls to a major toy company (he's mum about which one). "They flat out told me none of my characters could translate into anything," he says. Frustrated, that night he wrote Kim a letter with a little drawing of Wage at the bottom. "Basically I was like, I'm going to work hard and find a way for us to get back together." When Kim received the letter, she decided to do something with it. "I knew it would make David happy to see his character alive in the real world...
...Giant Robot owner. "The prototype had great energy and didn't ask too much in terms of analyzing it as a form or design concept. It was just easy to like. So I ordered 20." They sold out immediately. Kim sewed a second batch of a new character, Babo (Wage's blue, buck-toothed, dumb-but-loyal best friend). They sold out in two days...
...rare privilege in the world's second most populous nation. Fewer than 17 million out of India's 1.2 billion people have been lucky enough to study past high school. And India needs educated workers. Despite its economic boom and massive young population, India faces a serious skills shortage. Wage rates are growing by 20% a year, sometimes more, as Indian companies battle to attract educated workers. It helps that as opportunities at home improve, more students are deciding to return to India after their studies abroad. But if the world's universities can set up shop in India...