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« Good News/Bad News For Oliver Willis | Main | Oh, That Liberal Ombudsman »
June 08, 2004

Bang the Bell for Bessie: 60% of CEO's Expect to Hire More Workers

*tuk tuk tuk tuk*:

Fewer executives expected economic conditions 12 months in the futures to be better than now, at 59 percent compared with 69.6 percent in the first quarter.

But bear in mind, that's because current economic conditions are sizzling.

For that reason, the overall CEO Confidence Index fell to 111.9 in the second quarter this from 113.9 in the first, although it is up from 100 in the second quarter a year ago.

More than 80 percent expected revenues to increase over the next 12 months and more than 70 percent expected profits to improve -- roughly the same as in the first quarter.

As a result, 59.7 percent expected to hire workers steadily over the course of this year and almost half said higher wages would be the main method of retaining or luring employees.

"Firms planned in the second quarter to hire more employees, increase wages and spend more on investments in new productive capacity," said Richard Curtin, a consultant to TEC International on the survey and head of the University of Michigan's consumer surveys.

As for the Fed beginning to raise its official rate from a 46-year low of 1 percent now to 2 percent by the end of the year, 49.2 percent said there would be no impact on their business, while 41.1 percent said it would have a mild negative impact.

Confidence is a big part of this deal; we need it to sustain and extend the recovery. We also need it to get George W. Bush elected. It's all fine and dandy that he's creating jobs like gangbusters, but if the public doesn't "get" this fact, then it does him no good at the polls.

Rasmussen Reports that consumer confidence has climbed out of its trough to a multimonth high, rising eleven of the past twelve days.

Furthermore:

Thirty-four percent (34%) of Americans now rate the economy as good or excellent. That's up from 31% before Friday's employment report. Since Friday, the number saying that the economy is in poor shape has fallen from 32% to 28%.

That's not much movement, but it is movement in the right direction.

Modest cowbell:


posted by Ace at 01:57 PM
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Ahhh.......cowbell.

Posted by: Da Goddess on June 8, 2004 11:20 PM
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What? Skeleton of the most famous Musketeer, D'Artagnan, possibly discovered in Dutch church closet.
Dumas picked four names of real musketeers out of a history book, D'Artagnan, Athos, Aramis, and Porthos. So there was an actual D'Artagnan, though he made most of the story up. (Or, you know, all of it.)*
Charles de Batz de Castelmore, known as d'Artagnan, the famous musketeer of Kings Louis XIII and Louis XIV, spent his life in the service of the French crown.
The Gascon nobleman inspired Alexandre Dumas's hero in "The Three Musketeers" in the 19th century, a character now known worldwide thanks to the novel and numerous film adaptations.
D'Artagnan was killed during the siege of Maastricht in 1673, and there is a statue honoring the musketeer in the city. His final resting place has remained a mystery ever since.

A lot of Dumas's stories are based on bits of real history. The plot of the >Three Musketeers, about trying to recover lost diamonds from the queen's necklace, was cribbed from the then-almost-contemporaneous Affair of the Queen's Necklace. And the Man in the Iron Mask is based on real accounts of a prisoner forced to wear a mask (though I think it was a velvet mask).
* Oh, I should mention, Dumas says all this, about finding the names in an old book, in the prologue to his novel. But authors lie a lot. They frequently present fictions as based on historic fact. The twist is, he was actually telling the truth here. At least about these four musketeers having actually existed and served under Louis XIV.
Fun fact: You know the beginning of A Fistful of Dollars where the local gunslingers make fun of Clint Eastwood's donkey and Eastwood demands they apologize to the donkey? That's lifted from The Three Musketeers. Rochefort mocks D'Artagnan's old, brokedown farm horse and D'Artagnan is incensed.
A commenter asked which should be read first, The Hobbit of LOTR?
Easy, no question -- read The Hobbit first. It's actually the start of the story and comes first chronologically. It sets up some major characters and major pieces in play in LOTR.
Also, the Hobbit is Beginner-Friendly, which LOTR isn't. The Hobbit really is a delightful book, and a fast read. It's chatty, it's casual, it's exciting, and it's funny. In that dry cheeky British humor way. I love that the narrator is constantly making little asides and commentary, like he's just sitting next to you telling you this story as it occurs to him.
LOTR is a very long story. Fifteen hundred pages or so. The Hobbit is relatively short and very punchy and easy to read. If you don't like The Hobbit, you can skip out on LOTR. If you do like it, you'll be primed to read LOTR.
Oh, I should say: The Hobbit is written as if it's for children, but one of those smart children's stories that are also for adults. Don't worry, there's also real fighting and violence and horror in it, too.
LOTR is written for adults. (It's said that Tolkien wrote both for his children, but LOTR was written 17 years later, when his children were adults.) Some might not like The Hobbit due to its sometimes frivolous tone. Me, I love it. I find it constantly amusing. Both are really good but there is a starkly different tone to both. LOTR is epic, grand, and serious, about a world war, The Hobbit is light and breezy, and about a heist. Though a heist that culminates in a war for the spoils.
The Hobbit Challenge: Read two more chapters. I didn't have much time. Bilbo got the ring.
I noticed a continuity problem. Maybe. Now, as of the time of The Hobbit, it was unknown that this magic ring was in fact a Ring of Power, and it was doubly unknown that it was the Ring of Power, the Master Ring that controlled the others.
But the narrator -- who we will learn in LOTR was none of than Bilbo himself, who wrote the book as "There and Back Again" -- says this about Gollum's ring:
"But who knows how Gollum had come by that present [the Ring], ages ago in the old days when such rings were still at large in the world? Perhaps even the Master who ruled them could not have said."
In another passage, the ring is identified as a "ring of power."
I don't know, I always thought there was a distinction between mere magic rings and the Rings of Power created by Sauron. But this suggests that Bilbo knew this was a ring of power created by Sauron.
Now I don't remember when Bilbo wrote the Hobbit. In the movie, he shows Frodo the book in Rivendell, and I guess he wrote it after he left the Shire. I guess he might have added in the part about the ring being a ring of power created by "the Master" after Gandalf appraised him of his research into the ring.
I never noticed this before. I know Tolkien re-wrote this chapter while he was writing LOTR to make the ring important from the start. And also to make Gollum more sinister and evil, and also to remove the part where Gollum actually offers Bilbo the ring as a "present" -- Bilbo had already found it on his own, but Gollum was wiling to give it away, which obviously is not something the rewritten Gollum would ever do.
But I had no memory of the ring being suggested to be The Ring so early in the tale.
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Tomorrow is March 25th, "Tolkien Reading Day," because March 25th is the day when the Ring is destroyed in the book. I think I'm going to start the Hobbit tomorrow and read all four books this time.
The only bad part of the trilogy are the Frodo/Sam chapters in The Two Towers. They're repetitive, slow, and mostly about the weather and terrain. But most everything else is good. Weirdly, the Frodo-Sam chapters in Return of the King are exciting and action-packed and among the best in the trilogy. (Though the chapters with everyone else in Return of the King get pretty slow again. Mostly people talking about marching towards war, and then marching towards war.)
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US decimation of Iran's ICBM forces is due to Space Force's instant detection of launches -- and the launchers' hiding places -- and rapid counter-attack via missiles
AI is doing a lot of the work in analyzing images to find the exact hiding place of the launchers. Counter-strikes are now coming in four hours after a launch, whereas previously it might have taken days for humans to go over the imagery and data.
Robert Mueller, Former Special Counsel Who Probed Trump, Dies
“robert mueller just died,” trump wrote in a truth social post on march 21. “good, i’m glad he’s dead. he can no longer hurt innocent people! president donald j. trump.”
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