Balneus

Australian Lefty on Politics, Governance, Science and Info Management

Archive for November 30th, 2008

Rightsizing is better than Recession

Posted by Dave Bath on 2008-11-30

The "R" word discussed by politicians and pundits should not be "Recession" but "Rightsizing"

The finance sector needs rightsizing compared to the rest of the economy, as it grew from 10% of US corporate profits from mid-eighties to 40% in mid-noughties (source The Economist).

Appetites need rightsizing: the diabesity epidemic shows we consume far too much on average.

Executive pay, acquisitiveness, population, … rightsize them.

Mind you, to get rightsized compassion and intelligence, we’d all have to yell "supersize me" compared to current statistical norms.

Read the rest of this entry »

Posted in Economics and Business, Politics, Society | 5 Comments »