The Supreme Court’s ruling on President Barack Obama’s healthcare overhaul comes after a century of debate over what role the government should play in helping people in the United States afford medical care. A look at the issue through the years:
1912: Former President Theodore Roosevelt champions national health insurance as he unsuccessfully tries to ride his progressive Bull Moose Party back to the White House.
1929: Baylor Hospital in Texas originates group health insurance. Dallas teachers pay 50 cents a month to cover up to 21 days of hospital care per year.
1935: President Franklin D. Roosevelt favors creating national health insurance amid the Great Depression but decides to push for Social Security first.
1942: Roosevelt establishes wage and price controls during World War II. Businesses can’t attract workers with higher pay so they compete through added benefits, including health insurance, which grows into a workplace perk.
Keep reading – Healthcare reform’s long history in the U.S.
The company now employs 65,600 full- and part-time workers worldwide.
With its current trajectory, Amazon is rapidly approaching Microsoft in size. Microsoft employs more than 93,000 but hasn’t been growing as quickly as in the past. More than 40,000 of Microsoft’s employees are in the Seattle region; Amazon doesn’t break down its employment by region.
via Geek Wire
In February, 2012, Amazon purchased 3 million square feet of office space in Seattle, that would more than double their existing office space of 2 million square feet:
In one of Seattle’s biggest real-estate deals in years, fast-growing Amazon.com has agreed to buy three blocks in Seattle’s Denny Triangle — and preliminary paperwork has been filed with the city to build a 1 million-square-foot office tower on each of them.
The deal includes options for Amazon to buy even more of Denny Triangle holdings.
“In terms of economic development and new jobs for Seattle, this is off the charts,” Al Clise said.
via Seattle Times
So, why is Amazon dominating the recession and post-recession?
With physical retail in a continued decade-long slump, it’s a no-brainer that they are “eating their lunch.”
Though, it’s possible that Amazon is ramping up in another area, secretly, as they have been known to do.
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On another note, I tried to find perspective on the size of these companies. I found that, according to reports (pdf), the total size of the tech industry in United States is 4.15 million. Which is an all-time high for the industry bouncing back from 2008, the last time numbers were this good.
I also found that Foxconn and it’s parent company employ 836,000 workers, third largest in the world, and IBM employs 427,000, tenth largest in the world.
// Photo – Bala