Friday, August 29, 2014

LABOR DAY PRESENT

The best book I have read in a long time is 'Nice Dragons Finish Last', by Rachel Aaron. The first chapter is a little too generic. But when we meet the nice dragon, the book takes off.

Labor Day is the day that those who labor are supposed to rest. It became a holiday back when people actually believed that workers should be PAID for their work.

It is also a celebration of the fact that some dragons were taught that they could not kill workers and then just hire another worker. Of course, in many countries, this is still true.

Here in the US, we STILL have not learned that paying people a living wage would be great for the entire economy, making the 1% even richer.

If I was to get a present for Labor Day, I want accountants to reverse the rule that stock options need to be immediately expensed. Accountants were TOLD that such a rule would mean only the top executives would get stock options, which is EXACTLY WHAT HAPPENED.

Stock options are an amazing way to pay workers, get workers involved in the success of the business and to keep the 1% from selfishly taking everything.

So have fun reading about the nice dragon.

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