Here’s some stuff you might like.
Business: A new study shows that U.S. geographic income disparities rose sharply between 1980 and 2013. In other words, a few high-income places like San Francisco, Seattle, New York, and, especially, Washington, D.C. got a lot wealthier. Meanwhile a whole bunch of 1980’s middle-of-the-road income areas (like much of Oregon, including Central Oregon) shifted into below-median-income territory by 2013. People with high incomes are clustering in a few mostly-coastal cities (and North Dakota, presumably due to the oil boom there). I’ll be curious to see if this trend continues, or whether the outflux of high-income people from expensive, crowded places like the Bay Area to less expensive places like Bend and Portland has dented the trend.
Law: When someones sells a business, the seller is often contractually prohibited from soliciting employees from the business he or she just sold. Understandably, the buyer doesn’t want key employees hired away by the old boss. Well, the guy who founded Pacific Foods, which I think pioneered the practice of putting soup in cardboard cartons specifically designed to spill when you finally wrench them open, sold the business to Campbell Soup. Campbell is now suing, claiming the seller recruited eight employees to work in his new business. I don’t know the details of this case, but because sales contracts typically prohibit the seller from soliciting for hire former employees, there is often a fact question about whether they were recruited or proactively sought out employment with the old boss.
Politics: For those who didn’t get enough of my Tom McCall screed in the last BBR, The Bulletin published my op-ed that touches on him and the impact of anti-growth sentiment on Oregon housing prices.
Et cetera: Allow me to ask a delicate question: have you ever driven east of Bend? And no, not to the Badlands, but farther out than that? There’s a lot of cool stuff out there, especially if you appreciate wide open spaces and really high cow-to-human and F-350-to-Audi ratios. If you do go east, toward Burns, the first, ah, loosely speaking, civilization you’ll come to is the ghost town of Millican. Millican used to be a happening spot until its one resident passed away. Now its current owner has a pretty cool website with photos and old newspaper articles about the town.
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Have a great weekend!