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POPSThe Value of Money George Washington was paid a salary of $25,000 a year from 1789 to 1797 as the first president of the United States. The current salary of the president has recently been doubled to $400,000, to go with a $50,000 expense account, a generous pension and several other benefits. Has the remuneration improved? Making a comparison using the CPI for 1790 shows that $25,000 corresponds to over $585,000 today, so the recent raise means current presidents have an equal command over consumer goods as the Father of the Country. When comparing Washington's salary to an unskilled worker, or the measure of average income, GDP per capita, then the comparable numbers are $11 and $24 million. Granted that would not put him in the ranks of the top 25 executives today that make over $200 million. It would, however, be many times more than any elected official in this country is paid today.
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POPSObama's Depressing Tax Plan He has opposed the Columbian Free Trade Agreement, even though it primarily removes tariffs on American exports to that country, with barriers to Columbian exports to America already almost all removed under the Andean Trade Preferences Act. In sharp contrast, McCain has promised tax cuts to promote economic growth and strengthen the U.S. dollar. The federal corporate tax rate today is 35 percent, and McCain suggests cutting it to 25 percent. This would mirror rates elsewhere: The average corporate tax rate in the European Union was slashed from 38 percent in 1996 to 24 percent by 2007. The rates in India and China are lower as well. American companies are not going to produce more jobs and higher wages with this crippling competitive disadvantage.
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POPSDo corrupt workers infest Blackpool council? If you work for the deprived of Blackpool, this article comes of little surprise. The ease with which Blackpool council castigate and humiliate the elderly, the ill-educated and the vulnerable is better than legend. There is something drastically wrong within the system if vulnerable people are harangued in the way they are, while insiders hide their evil duplicity under a welter of needless accusations against innocent residents. £6000.000 tells the truth. The mass majority of council workers are conscientious and honest individuals. This situation can only arise because the average, decent employee cannot use their common sense. They are hen-pecked with stupid regulations and abeyance of political correctness. If the top hierarchy of the Finance Department were really held accountable and dismissed, the position replaced by a competent clerk on a reasonable salary, then the problem would be solved
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POPSTypewriter Art This is an amazing story of a man born with spastic cerebral palsy. Though disabled in many ways, he taught himself to create detailed pictures using one finger on a typewriter that resembled pencil or charcoal drawings. Another tribute to the indomitable human spirit.
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POPSTo Die For Blueberry Muffins These got an incredible number of 5-star reviews. Some suggestions from reviewers: add vanilla, fill muffin cups 2/3 full, bake regular-sized muffins for 18 minutes, use brown sugar in the topping.
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POPSHow to choose a tattoo design Reports are that more than 25% of tattoos are unwanted after users get them. Learn how to avoid getting a tattoo you will regret before you get them as tattoos are permanent.
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POPSThe Best States For Business Forbes Annual Listing In Forbes' annual ranking of the Best States for Business, Virginia finished first for the third straight year. But Georgia is the real story, moving from 15th to fifth place. Georgia finished in the top 10 in four of the six categories we examined (economic climate, growth prospects, labor supply and regulatory environment). Just two other states, Virginia and third-ranked Washington, managed this feat. Our rankings measure states on six main areas of importance: business costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. Business costs are weighted the most, but low costs were not enough to keep Louisiana and West Virginia from being the bottom two in our ranking. We look at a total of 32 data points to compile rankings of the six main categories.
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POPSC'mon McCain - Do You Really Think They'll Share the Wealth McCain's plans for spurring economic growth are wishful thinking. Sure, lowering taxes on businesses will leave them with more money. But do you really think businesses are going to share that extra money by paying their people more? C'mon now, if you believe that, I've got a bridge to sell you. It'll be the same way it is now - the leaders/CxOs of companies will just continue to take in more and more while wage growth for workers stays where it is.
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POPSMicroscope On A Chip Researchers at Caltech, recently developed the revolutionary new type of microscope without lenses. The devices could be mass-produced at a cost of $10 each and incorporated into large arrays, enabling high-throughput imaging in biology labs. The device is also compact enough to be put in a cell phone and it can use just sunlight for illumination. This makes it very appealing for Third-World applications,