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Week of March 25, 2007 - March 31, 2007

Rich People and Hospitality


Background: "hotels are now shutting down parts of their operations which used to be open for all hotel guests."

This was a funny comment, in my eyes:

"I think if you are going to have a resort, everybody should be treated equally," says Sandra Jarvis, a 36-year-old commercial real-estate broker from Indianapolis who went with her boyfriend to the Paradisus Riviera Cancun last October. After she was asked to leave the less-crowded Royal Service pool she had walked into one afternoon, Ms. Jarvis went to the front desk to complain and received an explanation of the upper-tier perks. She returned to the main pool, still unsatisfied. "We have our own private plane and they are telling me to leave the pool?" she says. Later that day, she ripped off her white standard-guest bracelet and carried it in her pocket for the rest of the trip.

AND

"You are paying more so you are supposed to be getting more," says spokeswoman Paola Rainieri de Díaz. She adds that hotel staff will ask "refined" customers -- for example, those who arrive on a private plane or who have an American Express black card -- or those who look like they have been to the Caribbean if they want to upgrade at check-in.

Princeton Economist Warns "Over 40 Million Jobs Can Go Over Seas..."


In todays WallStreet Journal:

At the urging of former Clinton Treasury Secretary Robert Rubin, Mr. Blinder wrote an essay, "Offshoring: The Next Industrial Revolution?" published last year in Foreign Policy. "The old assumption that if you cannot put it in a box, you cannot trade it is hopelessly obsolete," he wrote. "The cheap and easy flow of information around the globe...will require vast and unsettling adjustments in the way Americans and residents of other developed countries work, live and educate their children."

In that paper, he made a "guesstimate" that between 42 million and 56 million jobs were "potentially offshorable." Since then he has been refining those estimates, by painstakingly ranking 817 occupations, as described by the Bureau of Labor Statistics, to identify how likely each is to go overseas. From that, he derives his latest estimate that between 30 million and 40 million jobs are vulnerable.

With the housing, healthcare and job melt down, what are Americans to do?

« March 18, 2007 - March 24, 2007 | Home | April 1, 2007 - April 7, 2007 »

Mitchell C. Saunders

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