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Alyssa

Why ‘Lean In’ Is Worth Reading—Particularly For Young Women

When Sheryl Sandberg’s Lean In was released earlier this year, I, to use the oft-repurposed and much-misunderstood lingo of Sandberg herself, leaned out. The book was the subject of a feminist furor, fueled by a quotation from an interview Sandberg gave for the documentary Makers that was unfairly truncated to suggest that she saw herself as some sort of social visionary, and the suggestion that readers form “Lean In Circles,” a sort of consciousness-raising-meets-corporate-boardroom series of study groups. The fray seemed unappealing, and besides, I’d reasoned, I was doing a decent job of leaning in, even if I haven’t yet complicated my work-life balance with marriage and children.

But last week, a good girlfriend suggested I give Lean In a try, and I finished it just as Anne Applebaum published a joint review of Sandberg’s book and Hanna Rosin’s The End Of Men in the New York Review of Books, situating Sandberg’s volume squarely in the tradition of business advice books. Applebaum seems disappointed, as she puts it, that “this is not a book that belongs on the shelf alongside Gloria Steinem and Susan Faludi. It belongs in the business section,” and maybe given some of the hype around Lean In, that’s fair. I’m more than willing to grant that the book has many of the flaws that have been ascribed to it, including a failure to extensively discuss the role of paid help in Sandberg’s work-life balance, the fact that the book is not particularly applicable to working-class women, and its cursory treatment of women in the Third World. But if you are a woman preparing to begin a white-collar job, or to level up from one to the next, Lean In is worth reading precisely as a business book, and not because it has definitive answers for every situation, but as a useful guide for thinking through situations where there is no clear or easy answer—particularly those where women face social obstacles particular to their gender.

Applebaum’s critique of Lean In as business advice—separate from her criticisms of Sandberg’s argument that women in business leadership will create a more supportive environment for the women coming up behind them—has three central tenets. First, that Sandberg’s advice appears contradictory, suggesting that women speak more at some times and less at others, or arguing for women to project confidence they don’t feel in some situations, while being emotionally honest in others. Second, she argues that Sandberg doesn’t provide enough specific detail about her childcare arrangements for other women to model. And finally, Applebaum suggests that Sandberg hasn’t given enough room to discuss factors like luck and her ability to get along with difficult men, like former Treasury Secretary and longtime Sandberg mentor Larry Summers. Those last two criticisms aren’t unreasonable, and it would be fascinating to read Sandberg’s advice for dealing with Summers, but it’s hard to see how knowing precisely how many nannies Sandberg hires would help those of us who don’t have her financial resources. And I think Sandberg would have no disagreement with Applebaum’s argument that:

In practice, a successful woman—like a successful man—must learn, early on, how much emotion to show and how much to conceal, depending on the circumstances. She must learn how much to speak and how much to keep silent, for that depends on the circumstances too. Above all, she must understand herself well enough to know which challenges are worth accepting and which—given her personal situation, her husband, her finances, her interests, her age—must be sensibly refused.

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Climate Progress

We’re Number One: U.S. Installed Most Wind Power In 2012, U.S. Company GE Wind Is #1 Supplier

Credit: Navigant Research

The U.S. is now the largest wind power market, and a U.S. company is the world’s number 1 supplier, according to a new industry report by Navigant Research.

This is a big shakeup in the global wind market. Danish wind manufacturer Vestas had been the world leader from 2000 to 2011 but in 2012, GE Wind grabbed 15.5 percent of the market share. Vestas dropped to 14 percent.

The U.S. also snuck ahead of China as the the biggest wind power market last year.

The United States recaptured its title as the worldʹs largest market with 13,124 MW of new wind power installed in 2012. China came a close second with 12,960 MW, followed by Germany, India, and the U.K.

The same is true regionally:

Europe lost its position as the world region installing the most wind power, recording 28.5% of all new installation in 2012, a 4% increase on 2011, but 12.5% less than five years ago. Driven by the US, Canada, and Brazil, wind installations in the Americas grew by 12.3% compared with 2011. The American continent represented 35.2% of the global wind market in 2012.

Globally there is 285.7 gigawatts in wind power capacity, and 44.9 of those were installed in 2012 — an 18.6 percent increase. Concretely, this means nearly 23,350 new wind turbines were erected in 60 countries. Navigant’s numbers are different than those reported by the Global Wind Energy Council, which came out last month.

More fun facts from Navigant:

  • According to the forecast, the total value of the wind market will grow from $74.2 billion in 2012 to $109.8 billion in 2017.
  • We can expect wind power to generate more than 2.62 percent of the world’s electricity in 2013, and 4.9 percent in 2017.
  • The average turbine installed in 2012 was 1,847 kW. Offshore turbines installed last year got even larger too: 3,793 kW.
  • Direct drive turbines — which transfer energy from the rotor to the generator without a gearbox — are becoming more popular, which make offshore wind more feasible because they are cheaper and more scalable.
  • Wind companies are diversifying their product lines, with specialized options for low wind speed areas, for operation in high altitudes or in cold climates.

While it may be true that U.S. production and installation numbers spiked last year as the wind industry stutter-stepped in anticipation of the expiring wind production tax credit, the industry has been growing stronger. With another year on the clock for the wind PTC, the industry shouldn’t contract, but it may slow a bit.

The global wind forecast for the next five years dropped 10 percent, with 241,620 megawatts expected to be installed through 2017. This is mainly due to expected slower growth in the next two years — after 2015 the market should grow strongly again. It’s possible that the market is even reacting to the right sorts of stimuli, per Navigant:

Concerns about security of electricity supply and manmade climate change continue to be the main drivers for increased use of wind energy.  This reportʹs market prediction for the 2018‐2022 period indicates an improved average growth rate of 8.9%.

Success stories like this are a welcome but too-infrequent sight. If the U.S. wants to see them happen more often, it should make the wind production tax credit permanent, which would provide this roaring new industry the same sort of regulatory stability that the oil and gas industry has relied on for decades.

Election

CPAC Ideas: Republicans Versus Big Business?

The Republican Party retains, as its soul, its opposition to government intervention in the economy. On Friday afternoon, two CPAC panels demonstrated that the party can take this core commitment in two directions: either further down the dead end of applied Austrian ideology, or towards an problems-oriented application of free-market principles, one that responds to political issues in evidence rather than divining solutions from on high.

The GOP’s conventional economic wisdom was well on display at the panel entitled “The Europeanization of America.” Two European Parliament members huffed warnings (representative line: “you could compare Greece with California”), while two Republican members of the House treated the Continent as if it were being autopsied before the audience. Nowhere was there an attempt to seriously grapple with Europe — its across-the-board higher living standards and minimal economic inequality — or really do anything other than crow about the superiority the American economy to its European competitors. One couldn’t have imagined a better demonstration of the staleness of GOP economic doctrine.

But a panel directly afterwards — on whether we are “back on the road to serfdom” — offered two ways forward. Following the first, however, likely wouldn’t take the GOP to a place it wanted to go. Brian Domitrovic, a professor at Sam Houston State University, advocated the abolition of progressive income taxes and the Federal Reserve and a return to the gold standard. He surmised that, had we never left the gold standard, our GDP would be double its current size today. Res ipsa loquitur, I suppose.

The second speaker, The Washington Examiner‘s Tim Carney, developed a far more persuasive vision of conservative economic policy. Carney’s well known for his critique of crony capitalism, the fusion of government and business interests to the detriment of both, but what made his presentation interesting was its development of that theme into a broader guiding philosophy for conservatives, one that even some progressives might find something to like in.

On Carney’s picture, the central problem afflicting today’s political economy is its total penetration by big business. Businesses (he used General Electric, Boeing, and Microsoft as examples) devote extraordinary resources to lobbying, because, in its current state, the political system makes it a quick, if not necessary, path for prosperity. There are innumerable pathways to get tax breaks and legislative protections for one’s patented products through federal legislation, and corporations with means, being rational enough to recognize this, exploit them.

For Carney, this isn’t just one economic problem: it’s a fundamental one. The government-business nexus crushes what entrepreneurial “virtue,” it makes success not so much about hard work but ascending to the top of the corporate ladder inside a company whose advantages are guaranteed by federal fiat. People aren’t encouraged to innovate so much as conform, damaging both economic productivity and the moral character of people who attempt to participate in business. Or, in Carney’s words, “When you become a beggar, you become something slightly approaching a serf.”

Progressives concerned with the growing power of big business in our society should find a lot here. Carney didn’t propose much in the way of solutions, but a generalized vision of markets as a zone of society that all people, not just the powerful, should have access to is a radically anti-corporate one — one whose implications could be far more egalitarian than Carney would likely want. At the very least, it’s a conservative economic vision oriented around a real threat to our free market system — and not the imagined spectre of European socialism.

Climate Progress

The Business Council On Sustainable Energy’s Ideas To Immediately Address Climate Change

By Julius Fischer

The companies and trade associations in the Business Council for Sustainable Energy (BCSE) a few days ago agreed that tackling climate change will revitalize U.S. industry and grow the U.S. economy by expanding the use of clean technologies. The group released a number of recommendations regarding action the federal government can take to address climate change, in response to an open letter the Bicameral Task Force on Climate Change sent on January 31 to the National Association of Clean Air Agencies (NACAA) and others.

In its original letter, the Task Force stated that “the window to prevent catastrophic climate change is rapidly closing,” and asked for suggestions on how federal agencies could reduce greenhouse gas emissions and improve resilience to climate change. It also requested ideas for how Congress could strengthen federal agencies in their response to climate change.

Referring to its recently released Sustainable Energy in America 2013 Factbook, BCSE replied that comprehensive market-based legislation would be the “optimal policy,” but recommended a number of measures that can be taken in the meantime. Many of the BCSE’s suggestions for action concern the Environmental Protection Agency (EPA), including:

  • Use the flexibility under Section 111(d) of the Clean Air Act to allow existing power plants to achieve target emission rates.
  • Use an output-based approach to setting emissions standards for New Source Performance Standards (NSPS) of greenhouse gases.

Aside from suggestions for the EPA, BCSE also recommended measures that the Department of Energy (DOE), the Department of Housing and Urban Development (HUD), the federal government, and Congress can and should take, including:

  • DOE should implement efficiency measures, including appliance and equipment standards, manufactured housing efficiency standards, and previously announced programs for commercial buildings.
  • The federal government should follow through on commitments made in the White House Executive Order 13514, including making greater use of federal performance contracting, aggregating procurements within federal agencies, between federal agencies, and leveraged with state and local government procurements, and clarify that Combined Heat and Power (CHP) qualifies under this executive order.
  • Federal agencies should support efforts to strengthen the smart grid, especially distributed generation at disaster centers, hospitals, etc., and should implement and update climate change adaptation plans to improve resilience.
  • Congress should continue to support research, development and deployment of homegrown and clean energy sources. More specifically Congress should support funding for energy efficiency (of buildings, industrial technologies, vehicles, and advanced manufacturing), and the “wise, safe and efficient” development of natural gas.

BCSE called for Congress and federal agencies to continue supporting successful technologies and programs like CHP, smart grid, and efficiency measures. The Council also urged federal agencies to follow through on previous commitments and exercise the authority provided to them by Congress to implement existing provisions, such as those in the SAVE Act. Combined together, these recommendations would allow for “significant reductions in greenhouse gas emissions.”

Julius Fischer is an intern with the Energy Team at Center for American Progress.

Health

Taco Bell Franchise Cuts Worker Hours To Avoid Giving Them Health Coverage Under Obamacare

A Taco Bell in Guthrie, Oklahoma is cutting all its restaurant workers’ hours to part-time in order to skirt federal law requiring them to provide health insurance for employees.

Nearly 20 employees work for this particular Taco Bell franchise. They were informed just before Christmas that everyone’s hours would be cut to 28 hours or less per week because the owners disliked the Obamacare requirement that large companies had to help provide health coverage for workers.

Among those employees affected is Johnna Davis, a single mother of three who relied on her full-time hours to support her family. News 9 has more on her struggle:

Johnna Davis has worked at the Taco Bell in Guthrie since September. She’s seen a 200 dollar cut in her paycheck since a new store policy went into effect.

“What we were being told was one thing, and that was, ‘we’re going to offer benefits, we’ll just keep all of our full time employees and then come December, their whole story changed,” Johnna Davis said. [...]

Now this single mother of 3 is looking for a new full-time job. Nearly 20 employees their have seen their hours cut.

The Guthrie restaurant is owned by a Missouri-based company named Treadwell Enterprises, which told News 9 that it would allow supervisors and managers to work full-time, but not workers.

Taco Bell is not a struggling brand scraping by to make ends meet. The company saw a banner year in 2012, with its parent corporation enjoying a 73 percent jump in profits in the beginning of the year and an additional 23 percent increase later in the year.

Other restaurants have attempted this ill-conceived move as well. This fall, when a Denny’s franchise announced it would cut its workers’ hours to avoid the health care law, the corporate office distanced itself from the move. Similarly, when Darden Restaurants, which includes Olive Garden and Red Lobster, looked to cut hours, the public backlash resulted in a hasty 37 percent drop in profits. Other restaurants have attempted (and mostly retracted) the same ploy, including Papa John’s and Wendy’s.

Call for comment from Taco Bell’s corporate offices was not immediately returned.

Health

Wendy’s Franchise Cuts Employee Hours To Part-Time To Avoid Obamacare

Not long after the owner of the Olive Garden and Red Lobster chains admitted their anti-Obamacare campaigns hurt more than helped, the owner of a Wendy’s franchise in Omaha, Nebraska plans to cut 300 employees’ hours to part-time to avoid providing them health care coverage.

By moving workers to part-time status in order to avoid paying for their health benefits, the Wendy’s franchise would shift the costs of insurance coverage onto hundreds of employees:

The company has announced that all non-management positions will have their hours reduced to 28 a week. Gary Burdette, vice president of operations for the local franchise, says the cuts are coming because the new Affordable Health Care Act requires employers to offer health insurance to employees working 32-38 hours a week. Under the current law they are not considered full time and that as a small business owner, he can’t afford to stay in operation and pay for everyone’s health insurance.

But anecdotal evidence suggests this strategy may backfire on the Omaha Wendy’s operations. This fall, Denny’s quickly distanced itself from a franchisee’s similar ploy, while Darden Restaurants saw a sharp 37 percent drop in profit after threatening to cut workers to part-time.

Heaping blame on Obamacare may be a popular tactic among the fast food industry, but it is a misleading one. According to the Urban Institute, Obamacare has a negligible impact on business costs, leaving large companies virtually unaffected while actually reducing costs for small businesses.

Health

Denny’s Franchise Owner Scolded By Company CEO For Anti-Obamacare Comments

An owner of 40 Denny’s restaurants declared last week that he planned to add a five percent “Obamacare surcharge” to customers’ bills, earning him a rebuke from the chain’s CEO.

John Miller, who runs the Denny’s corporation, rushed to clean up the mess left by franchisee John Metz, whose comments on Fox News Thursday set off a firestorm. Miller made it clear that he didn’t agree with Metz’s comments and it was not the company’s policy.

The Huffington Post has more:

Denny’s chief executive John Miller privately reached out to Metz to express his “disappointment” with the Florida franchisee’s controversial statements about Obamacare, which sparked a wave of backlash for the national restaurant chain over the past few days. [...]

“We recognize his right to speak on issues, but registered our disappointment that his comments have been interpreted as the company’s position,” Miller said in an email to The Huffington Post.

Metz also released a statement following their conversation expressing remorse for his comments. “We regret that the statements we made may have been interpreted as representative of the Denny’s brand or of other franchisees, which they are not,” Metz said. “Our stores do not have a 5 percent surcharge.”

The backlash has spread to other Denny’s franchises as well. An owner of seven locations in Florida said that they nearly unplugged the phones after a deluge of angry callers to the restaurants.

Health

Denny’s Franchise CEO Threatens To Cut Employees Back To Part-Time Over Obamacare

Employees at the 40 Denny’s restaurants and five Hurricane Grill and Wings owned by John Metz now have fair warning: their hours are getting cut back in January of 2014.

To avoid having to provide health care for his employees, Metz — who owns restaurants in Florida, Virginia and Georgia — told Fox News today that he will cut back many of his workers’ hours to part time. At the same time, he’ll add a five percent “Obamacare surcharge” to his customers’ bills:

Everyone’s looking for a way to not have to provide insurance for their employees. It’s essentially a huge tax on all us business people.”

To further offset the costs, Metz, who oversees roughly 1,200 employees as president and CEO of RREMC Restaurants, LLC, said he also will slash most of the staff’s time to fewer than 30 hours per week. That change will be announced to employees next month, he said. [...]

At Denny’s restaurants operated by Metz, the average check is $9, he said, meaning the ObamaCare surcharge if implemented would be 45 cents on that bill. At Hurricane Grill & Wings locations, where the average bill is $14.50, the surcharge would total 72 cents.

Metz is just one of a growing number of CEOs in the business sector who are trying to pass expensive health care onto their employees instead of simply providing the essential coverage that their workers otherwise couldn’t afford. The company that owns Olive Garden used Obamacare as an excuse to cut back hours for its employees, Papa John’s is following suit, and an Applebee’s franchise CEO threatened to fire people and enstate a hiring freeze because of the health care requirement.

Under the Affordable Care Act, businesses with more than 50 employees are asked to provide health care to their employees. If they do not, and their employees qualify and receive subsidized coverage in the exchanges established by the ACA, employers must pay a penalty. The policy, championed by Republican Sen. Olympia Snowe (R-ME), is designed to discourage employers from opting out of providing health coverage, and to ensure that they contribute to the system as a whole.

While Metz makes it sound like that requirement spells the end of business as usual, he might be pleasantly surprised by the positive effects of choosing to provide employer-based health care. Studies have shown that Obamacare will ultimately decrease health care costs for small businesses. On top of that, providing insurance coverage generally leads to higher retention rates, more satisfied employees, and a more competitive hiring market.

Economy

‘Anti-Business’ Obama Is Best President For Corporate Profits Since 1900

Since he came into office, Republicans have consistently attacked President Obama for supposedly being anti-business. As ThinkProgress noted last week, the data shows that this charge is nonsense.

In fact, as the financial website Motley Fool noted today, President Obama is far and away the best president for corporate profits since 1900:

Even if corporate profits under Obama are compared to the 2008 peak — in order to erase the effect of the financial crisis — “average annual corporate profit growth under President Obama is 6.8%,” or nearly three times as large as it was under President Reagan. Both Presidents Bush actually oversaw corporate profit declines during their terms. Meanwhile, real GDP growth per capita is far higher under Obama than it was under either Bush administration.

Politics

Romney To Obama: Let’s Agree Not To Discuss My Business Record Or Tax Returns

Mitt Romney — who has placed his business record at the centerpiece of his presidential campaign — is now asking President Obama to stop discussing his tenure with Bain Capital.

During an interview with NBC’s Chuck Todd, the former Massachusetts governor asked Obama to avoid discussing “business or family or taxes or things of that nature”:

“[O]ur campaign would be — helped immensely if we had an agreement between both campaigns that we were only going to talk about issues and that attacks based upon — business or family or taxes or things of that nature.” [...]

“[W]e only talk about issues. And we can talk about the differences between our positions and our opponent’s position.” Romney said of his own campaign: “[O]ur ads haven’t gone after the president personally. … [W]e haven’t dredged up the old stuff that people talked about last time around. We haven’t gone after the personal things.”

The Obama campaign has turned Romney’s business past into a campaign issue, noting that the the governor himself touts that experience as his “main calling card” for setting the country on the right track.

Until recently, Romney seemed to agree. “Look, I’m very proud of my experience at Bain Capital. I hope people understand that I was investing other people’s money for them and was compensated if we were highly successful,” he told CNBC’s Larry Kudlow on July 23. “That’s the kind of record which I’m pretty proud of.”

Top surrogate and adviser John Sununu echoed this argument during a Romney campaign conference in May, saying, “I think the Bain record as a whole is fair game, and what you have to do is do an honest evaluation.”

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