Daily Archives: Oct. 15, 2008

The panic hits Wichita

We’ve written ad nauseum about the insulation Wichita has from the national economic downturn, and in large part that’s accurate.

But I have to speak from observation – and from the grapevine here – about last week’s stock market crash. No names, because it accomplishes nothing. Just observations.

Some of Wichita’s most savvy investors – both real and self-annointed – were wandering around town last week with the glazed look of, shall we say, a panic-stricken journalist whose 401(k) was circling the drain. No names there, either, except to observe that it appears I’ll be working well into my 100s, courtesy of the housing crisis.

There need be no more stark local proof that the era of unchecked American financial hubris is over. When the city’s financial elite hits the panic button, there’s truly trouble in River City, folks.

What do you think, Wichita?

Business Casual regular Jerry posted a comment on Carrie’s recent entry about her experience at the Coliseum. Here’s what he said:

Since some of us have a propensity to complain (and I am pointing the finger at myself on this one) I would like to see a blog topic on what individuals think Wichita needs to attract more visitors, and discuss them. This is a great forum, and I have a couple things I would like to throw out there.

So here you go, Jerry. And everyone else for that matter. What does Wichita need? The floor is yours.

The price of a bad boss

In honor of National Bosses Day on Thursday, some facts about bosses and those who work for them:

A third of American workers spend at least 20 hours a month in the office complaining about their boss, according to a recent study in Human Resource Executive magazine.

Employees working for a bad boss were 30 percent more likely to develop coronary heart disease than those who did not, according to a Finnish study.

A Gallup poll estimates American corporations lose $360 billion a year due to lost productivity from employees who are dissatisfied with their boss.

So, if you’ve got a good boss, thank him or her.