Good News: Pets in the USA

Family Pet Ownership is Up to 70% from 56%

https://www.americanpetproducts.org/press_industrytrends.asp

People Invest Even More in Their Pets

https://www.iii.org/fact-statistic/facts-statistics-pet-ownership-and-insurance

https://www.americanpetproducts.org/press_industrytrends.asp

2020-21 was a positive, but challenging, year for the industry, which is working hard to adapt to a new environment.

https://petlifetoday.com/state-of-pet-healthcare/

Pets are Seen as Family Members

80% consider their pets to be family members. 85% of dog owners. 76% of cat owners.

https://humanepro.org/page/pets-by-the-numbers

Other research says 95% consider pets part of their family.

The Veterinarian Profession is Healthy

Good News at Pet Shelters

In the last decade, animal intake is down more than 10% from 7.2M to 6.3M annually.

In the last decade, the number of animals euthanized has dropped by 60%, from 2.6M to 0.9M annually.

The failure rate has dropped from 36% to 14%, or 1/3 animals to just 1/7.

https://www.aspca.org/helping-people-pets/shelter-intake-and-surrender/pet-statistics

Growth of “No Kill” Shelters is a Big Success Story

https://bestfriends.org/about/our-story/no-kill-timeline

Charitable Giving to Animal Welfare Organizations is Growing

https://info.rkdgroup.com/aw2020benchmarks

Animal welfare giving is up 10% in the latest quarter.

Even before the pandemic, this philanthropic subsector was seeing 9% annual growth rate.

There are opportunities for significant charitable giving increases in this subsector, and strategies for securing greater support are clear.

Animal welfare organizations’ effectiveness is tracked, leading to more effective operations and opportunities for donors.

The Betty White Challenge may raise millions more for animals.

https://www.cnet.com/news/betty-white-challenge-urges-fans-to-donate-to-animal-shelters-in-late-stars-honor/

Good News: Lawyers Have Less Power in the US.

https://en.wikipedia.org/wiki/Let%27s_kill_all_the_lawyers

The US population has doubled from 1960-2020, so the share of new lawyers remains roughly at the same percentage, despite the greatly increased complexity of modern business, communications, intellectual property and society. This ratio is now way down from the 2000’s when it was unusually elevated.

Supply and demand drove lower salaries and higher unemployment after 2010.

https://abovethelaw.com/2021/08/law-schools-are-building-another-giant-lawyer-bubble-destined-to-burst-in-the-legal-job-market/

Starting salaries at major law firms have always been attractive to undergraduates. The distribution of starting salaries shows that the legal profession is divided between those in the top one-fourth and all of the rest. The median starting salary at $100K for 7 years of college education looks more like an engineer, pharmacist, actuary, data scientist, financial analyst or market researcher than a world changing persuader.

The percentage of US congress reps with a legal background has declined decade after decade.

Lawyers occupy 9% of CEO roles; far less than their MBA competitors.

https://hbr.org/2017/08/do-lawyers-make-better-ceos-than-mbas

In general, public opinion has less and less support for the “advocate” model of legal representation.

https://medium.com/indian-thoughts/devils-advocate-the-new-age-sophists-bf25c928eefdhttps:/

New lawyer debt is at a record high level ($150K). (page 27).

The legal profession remains 86% white, far removed from the American population distribution. (page 34).

Legal wage growth accelerated in the “oughts” and then rose by less than inflation in the teens (page 47).

The number of law school applicants dropped nearly in half from 2004 to 2015, from 101,000 to 54,000. (page 55).

Despite the great reduction in new law school entrants, the bar exam pass rate has declined from 80% to 70%. (page 80).

The highest skilled lawyers remain in high demand in the US, earning $120-180K for starting salaries. They are typically not “changing the world”. But, they are helping the owners of great wealth to maintain and improve their positions. As an accountant, engaged to measure and advise, I appreciate this value-added role in society.

My Favorite Airport Landings and Takeoffs

I’ve been flying for business and pleasure for more than 40 years. I’d like to share some of my favorite domestic and international airports.

Cleveland Burke Lakefront: steps from downtown; my boss Ron Diderich used to fly here daily from DTW in 1982.

Sarasota: My first landing in 1974; so much busier today where Sue and I have our winter home.

Indy Exec Airport. I served on the local airport board for 8 years.

Boston Logan is a major NE hub with an ocean approach which I first experienced landing in 1975.

Mackinac Island is a small airport with varied service.

Chicago Midway Airport

Chicago’s Midway Airport is a Southwest hub and used to be a hub for Indy’s American TransAir (ATA). The airport is in a 1 x 1 mile block in Chicago with a very short 5,200 foot long main runway.

New York is a huge US hub; enjoy a Newark approach.

Maui (’nuff said).

Key West; Another Island Paradise

San Diego; more exciting landing than expected.

San Francisco; I observed this approach from the front seat in 1998.

Washington, DC: Reagan. The greatest mainstream US airport approach, every time.

Aspen, CO. A mountain approach and a very exciting takeoff.

Tokyo.

Nice, France.

Old Hong Kong Airport (I first experienced in 1997).

https://www.cnn.com/travel/article/hong-kong-kai-tak-airport/index.html

https://www.atlasobscura.com/articles/kai-tak-hong-kong-airport-scary-landing

Queenstown, NZ. Truly Amazing.

Romantic Songs from 1950’s Movies

Set aside an hour and enjoy the (color) movies and music.

(HD 1080p CC) Theme From “An Affair To Remember”, Our Love Affair – YouTube

Some enchanted evening – South Pacific – YouTube

Love is a many splendored thing (Old Film) – MiraLove – YouTube

Percy Faith & His Orchestra – A Summer Place – 1959 – YouTube

To Sir, with Love • Theme Song • Lulu – YouTube

The Music Man Shirley Jones “Till There Was You” – YouTube

ON THE STREET WHERE YOU LIVE – YouTube

Nat King Cole – Unforgettable – YouTube

Swingrowers – Via Con Me (It’s Wonderful) – (Official Music Video) Rome in the 50s – YouTube

Doris Day – Fly me to the moon – YouTube

Zorba le Grec – Sirtaki – YouTube

Yul Brynner and Deborah Kerr perform “Shall We Dance” from The King and I – YouTube

Dean Martin – That’s Amore (HD) – YouTube

Lara’s Theme from Doctor Zhivago – YouTube

Sway with me Rita Hayworth – YouTube

Moon River – Breakfast at Tiffanys – YouTube

Doris Day – Que Sera Sera – YouTube