Saturday, October 14, 2006

#40: Population is declining

Work bit 1: In many countries, population is declining. For example, Russia’s population is declining by around 700 000 a year. Male life expectancy is less than 59 years. Because of AIDS, both statistics will get worse. Imagine the economic and social consequences.

Work bit 2: Poverty is everywhere. According to the US Census Bureau, 37 million US people were in poverty in 2005. That’s almost the population of my African homeland. Back then I thought America was the land of plenty.

Work bit 3: An annual World Bank study again named Africa the most difficult region in which to do business.

Work bit 4: Jack Welch once wrote: “People always overestimate how complex business is. This isn’t rocket science; we’ve chosen one of the world’s more simple professions.” I agree with him, but why do CEOs earn so much for something so simple?


I’m james@nonsenseatwork.com

Copyright: 2006 James Henry McIntosh

James can be heard on Public Radio, 88.9 FM WCVE, Richmond VA.
Monday - 7:19am and Saturday - 8:19am

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