@andrewmccalip it’s beautiful. well stated.
of course things are different now but vertical integration does have its advantages. we’ve stretched too far and need to balance.
@romanhelmetguy is such butchery even legal?!
i have a generational theory: baby boomers (aka the liberal admin, profs) view the world is about THEM, so they literally changed History to focus on them—their worldview, their “white guilt”. they are stuck in the EGO and now project it to students
Thank you, but no. I don’t want to write faster. I want to write slowly, very slowly. I want to rummage around in the murky caverns of my unformed thoughts and wrench each word out with my own grimy fingers, crack it painfully open like a geode dripping with primordial slime. I want to set each fragment onto the white wall of the page and shuffle them all around for hours. I want the sun to rise outside in my peripheral vision while I’m squinting at commas and nudging prepositions from place to place. And when it’s done, my techie friend, when my fingers feel arthritic from tinkering and my eyes are half blind with searching in the dark, then you can take my little word mosaic and crunch it up to feed your little autocomplete function, and then your machine can learn from me. I know that’s what you’ll do; it’s in your nature. It’s all you know. That’s OK. I forgive you. I won’t be around to watch anyway. I’ll be back in the caverns, writing slowly, and I’ll be happy.
In honor of Disney (a company I used to work for as an ABC News correspondent) announcing its new CEO, here’s a quick reminder of the value of money… in Disney terms.
Everyone says wages are higher than ever, right? In dollar terms, they are. But in real money terms? Not even close.
Back in 1975, a minimum-wage Disney worker earned about $2.10 an hour. Gold was roughly $139 an ounce. That meant it took about 66 hours of work - less than two weeks! - to earn one ounce of gold.
Fast forward to today. A Disney theme park worker earning around $18 an hour needs nearly 275 hours to buy that same ounce!! That’s almost seven weeks on the job. Same ounce. Four times the work.
This is what wage deflation looks like (right Jeff Booth?!). Paychecks got bigger, but the money's purchasing power disappeared. The unit we measure wages in keeps losing value, so workers have to put in more and more time just to stay in the same place.
That’s why people feel squeezed even when they’re “earning more.” That’s why raises don’t translate into security. That’s why saving feels like running uphill.
The problem isn’t workers or their efforts.
It’s The Money, Mickey!
When you measure wages in something that can’t be printed, the story becomes impossible to ignore: workers today are being paid far less than they were decades ago.
Maybe Disney will embrace digital gold to make a difference for the next generation. #Bitcoin