A few years ago in Copenhagen, a young woman challenged a gathering of United Nations climate delegates by asking, "How old will you be in 2050?" It was a simple, but powerful, shot across the bow for the "adults" in the room -- most of whom will not be around to see the impact of their policy plans. Such poignant moments are, unfortunately, too rare.
So, while I may not be able to work a traditional nine to five, I absolutely have an occupation; one that requires much time, effort, precision, and responsibility. When I now sit down in those uncomfortable waiting room chairs to fill out the dreaded new patient paper work I no longer have a lump in my throat. When I reach the occupation blank I can write with satisfaction that I am a "Professional Patient."
Today's strong jobs report shows continued solid growth in payroll employment, and many other labor market indicators have recovered substantially since the Great Recession. Nevertheless, the Federal Reserve should not rush to raise interest rates but should test whether it can push unemployment lower.
Congress should amend the President's free tuition idea to create the civilian equivalent of a GI Bill for young adults who engage in 1-3 years of national service. That single change would turn the President's proposal from a college giveaway to an opportunity that serves both the individual and the country.
Does self-discipline today really pay off later in life -- in jobs, paychecks, promotions and bonuses, professional prestige and wealth? Surprisingly, given the importance of employment to well-being and the global economy, the link between self-control and job success has not been thoroughly studied. Until now.