The Cheapest Generation…The Acute Heptagram of Impact……Econ Recon: The Thelma and Louise Economy……Ten Worst College Majors

“Tomorrow is the most important thing in life. Comes into us at midnight very clean.  It’s perfect when it arrives and it puts itself in our hands. It hopes we’ve learned something from yesterday.”

John Wayne  – American Actor

 The Cheapest Generation

Millennials have come of work-life age as the Great Recession hit.  Unlike their parents at the same age, they are not buying cars and houses at the same rate.   This consumption  trend, if unaltered, may have profound implications for us all because every business either directly or indirectly, ultimately serves the consumer.  Explore this powerful trend by learning more about “The Cheapest Generation.”

Project not working?  Check out The Acute Heptagram of Impact

Is your project, plan or initiative stuck?  Maybe one or more of the seven elements of the  Acute Hepatgram of Impact  aren’t right.   Check it out!

Econ Recon:  The Thelma and Louise Economy

The “Thelma and Louise” Economy:   Remember the hit movie, “Thelma and Louise” which featured an ending where the heroines drive off a cliff rather than face arrest? Economist Brian Wesbury wonders whether the Congress will be reenacting this scene (with us at the wheel this time)  when the automatic budget cuts and tax increases take effect at year end  as a consequence of the so called  “Super Committee’s” failure to make some hard fiscal choices.  This will be the first big issue for the new president, whoever that may be.

Two brief articles will help you begin get up to speed on an issue that will likely affect you:    Wesbury analyzes the economic prospects of automatic cuts and tax increases, coming to the conclusion that only one of these warrants real concern….learn which one in this one page analysis:  “Thelma and Louise and the Fiscal Cliff.”     For some insights into understanding the psychological dynamics that resulted in Congress defaulting to  “sequestration” instead of” deliberation” (i.e. what we pay them for), and the likely outcomes, check out this two page article by James Surowiecki in the New Yorker on the “Cliffhangers.”

Ten Worst College Majors:” What You Make Depends on What you Take”

From Forbes (and special delivery from the “DUH” truck):  Not all college degrees are created equal.  We all knew that; now a study proves it.  According to a report by the Center on Education and the Workforce (CEW) at Georgetown University, the choice of college major substantially affects employment prospects and earnings. “What you make depends a lot on what you take,” says Anthony P. Carnevale, Ph.D., director of Georgetown’s CEW. “Most young people in college take whatever interests them, without thinking what it can really do for them.”  Here are the Ten Worst College Majors for employment and earnings.  Share with a student you care about as they make an informed choice about what to work on in college.