Archive for July 18th, 2011

“80% of Americans agree that taxes should be raised” … say, what?

July 18, 2011

Seriously, now.

To be technically precise, Pres. Obama said that “80% of Americans favor a ‘balanced’ approach” to attacking the deficit-debt problem.

For Obama, “balanced” means tax hikes.

Problem: data doesn’t seem to support the case.

According to the latest Rasmussen survey “55% Oppose Tax Hike In Debt Ceiling Deal”.

  • Most voters oppose including tax hikes in the deal.

    Just 34% think a tax hike should be included in any legislation to raise the debt ceiling; 55% disagree and say it should not.

  • There is a huge partisan divide on the question. Fifty-eight percent (58%) of Democrats want a tax hike in the deal while 82% of Republicans do not.
  • Among those not affiliated with either major political party, 35% favor a tax hike and 51% are opposed.
  • Even those who earn less than $75,000 a year are opposed to including tax hikes.

Where’s the rub?

“By a 59% to19% margin, Political Class voters favor a tax hike in the debt ceiling deal.

By a 68% to 22% margin, Mainstream voters oppose tax hike in the debt ceiling deal.”

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Ken’s Take: I still want to see the survey that asks “Do you favor the gov’t raising YOUR taxes to reduce the national debt?”

If 80% is the over/under, I’ll bet the ranch on the under.

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Time for your quarterly performance review …

July 18, 2011

Punch line: Most companies give employees annual performance reviews, usually laced with pablum. Now, more companies are shifting to quarterly performance reviews – with substance.

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Excerpted from Thomas Friedman, NYT:

The rising trend in Silicon Valley is to evaluate employees every quarter, not annually.

Why?

Because the merger of globalization and the I.T. revolution means new products are being phased in and out so fast that companies cannot afford to wait until the end of the year to figure out whether a team leader or team member  is doing a good job.

Ken’s Take: Quarterly performance review have been a staple at high-octane consulting firms for years … not surprising that the practice is finally catching on.

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