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🎧Salary Caps

Greg and Todd debate whether there should be limits to salaries.

#Podcast_Transcript
🇺🇸Todd: So Greg in the last one we were talking about minimum wage, and this is one of the topics in your book and it's about income disparity. One of the chapters is about income disparity. Now the opposite would be should there the a salary cap, which would mean that basically you could only earn so much, like let's say you can only earn five million dollars, ten million dollars. Nobody could earn more than that. What do you think about that concept?

🇺🇸Greg: I personally agree with a salary cap. I'm not sure how much it should be, but definitely the discrepancy in wages is way to great. There's too many people who have to ... a husband and a wife work hard forty hours or more, both of them. They're barely, barely getting by, and then you got all these other people who are just buying Rolls-Royce cars and Mercedes, and country clubs and it's just not fair.

Todd: But, well, for one, though I mean, Mercedes and Rolls-Royce and those are products that provide jobs, so I would argue with that. Actually, as you can probably tell, I'm against the idea mainly because, you know, I think that hurts innovation. You know, you look at people like the CEO of a very powerful internet company or software company, and you know, take google for example, I'm sure that they make more than ten million, but they're service is used so much around the world, that they should get that money, and if people couldn't ... hang on... if people couldn't get ... couldn't earn that salary then maybe they wouldn't have the same motivation and drive to be successful and that people would lose out as a result.

Greg: I think that there's not proof to say that these people are making these products because they're making such tremendous amounts of money. What came first: the product and then they got the money in most cases. There's ... these people could be ... society can have all sorts of wonderful products and still have a fair income system, and I have nothing against people becoming rich or making a good salary, a very good salary, but not such an incredible gap. You have executives of some major international corporations that are making more money than millions of people in the world make combined. The opposite side of not having a cap is that you have people who are making too little, and those people are also working hard. Those people deserve validation. Those people deserve a good life standard which millions of people across the world are not having.

Todd: Well, I think ... well, I agree with you about that. I agree with you about that. That there's people who work hard and that they're under compensated, but ... and they're a lot of people that get grossly overpaid but I think that's just a problem of management and that in some cases so people do deserve millions and millions, perhaps billions of dollars is they have really contributed to the product or the outcome. So, basically we're gonna disagree on this one.

Greg: Yeah.
🔍Learn Vocabulary from the lesson!


▪️The discrepancy in wages

The discrepancy in wages is way too great.

We use the phrase 'discrepancy in wages' to talk about the difference between how much money people earn. If, for example, one person makes 18,000 Euros a year and another makes 2,000,000 Euros, the discrepancy in wages is very big. Notice the following:

▫️Though American women have achieved social equality with men, discrepancy in wages still exists.

▫️The discrepancy in wages in many emerging economies is fast becoming a politically sensitive topic.


▪️Barely getting by

They are barely getting by.

When we are 'barley getting by' that means we have very little money to buy basic things like food, clothing, and shelter. Here are two samples.

▫️Though South East Asian economies are growing fast, in some countries the majority of people are barley getting by.

▫️As a kid, my family was really poor. Both mom and dad worked, but we barely got by.


▪️Hurt innovation

I think that hurts innovation.

Here, Todd thinks that limiting salaries discourages people from thinking of new ideas or ways to do things. Notice the samples.

▫️Capitalists would argue that socialism hurts innovation.

▫️Like it or not, money motivates most people. No money, no motivation, which hurts innovation.


▪️Hang on

Hang on a minute. I did not say that.

'Hang on' simply means wait a moment. It's very informal and a bit direct. Here are two samples.

▫️Sorry, that's my phone. Hang on a minute while I take this call.

▫️It's cold outside.  Hang on a minute while I get my coat.


▪️Lose out

People would lose out as a result.

When we 'lose' out', that means something has had a negative effect on us. Notice the sample sentences"

▫️Some economists believe that when we raise corporate taxes, the cost is passed on to consumers and people lose out.

▫️Limiting salaries hurts innovation and both people and the companies that employ them lose out.


▪️I have nothing against

I have nothing against people becoming rich or making a good salary.

When we have nothing against something or someone, that means we do not have a problem.  Notice the following:

▫️I have nothing against professional athletes, but I think their salaries are too high.

▫️My dad says he had nothing against me studying abroad.


▪️Grossly overpaid

I think some people get grossly overpaid.

When someone is grossly overpaid, they are paid, in the opinion of some, way too much money. Notice the following:

▫️I think it's unfair that some people are grossly overpaid, unless of course it's me!

▫️David Beckham is a great player, but he's getting older and slower now so to be honest, I think he's grossly overpaid.
Audio
6 Minute BBC Podcasts
🎧 ( 2019 / 8 / 15 )

A new kind of money might be appearing soon - Libra from Facebook. Sam and Catherine discuss how different it is from Bitcoin, give you the basics about cryptocurrencies and teach you related vocabulary.

#Podcast_Transcript_6Minute_BBC
#bbclearningenglish
@english_union
Audio
🎧Tai Chi

Monica talks about the increasingly popular exercise of Tai Chi.

#Podcast_Transcript
#pod
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🇺🇸Todd: So, Monica, you do Tai Chi?

🇳🇿Monica: Yes, I've just joined a Tai Chi club?

Todd: What made you join the Tai Chi club?

Monica: Well, I wanted to do something that was a lot different to what I usually do, which is high impact sports like basketball and tennis.

Todd: So, you wanted to do something that was slower?

Monica: Yeah, well, I don't usually enjoy exercise that is quite slow such as yoga, but I decided to join this club and I'm really enjoying it.

Todd: So, what exactly is Tai Chi? What do you do in Tai Chi?

Monica: Well, there are different types of Tai Chi. There's the original Tai Chi which involves quick fast movements, and then there's a slower form of Tai Chi which is quite popular in Japan. I think it's called Mr. Young Tai Chi, and that involves very slow pronounced movements, and that's the Tai Chi that I'm doing.

Todd: How do you feel? Like after you do Tai Chi, do you feel tired? Do you feel energetic?

Monica: After I've done Tai Chi I feel quite energetic actually. I don't really feel tired because I haven't had a really hard workout, but I feel that my mind is very relaxed and focused and that I'm very motivated to do whatever I need to do for the rest of the day.

Todd: Now, you actually are a tennis coach, so you teach sports. Would you recommend Tai Chi for other athletes?

Monica: Yeah, I do recommend Tai Chi for other athletes. It's quite difficult to know exactly how you would benefit from Tai Chi, and how it can directly relate a specific sport, but I've heard that it works on your energy levels, and focuses your mind so that everything is in balance, and I think that can help in kind of sport because even in a sport like tennis, it's important to have balance when you're hitting the ball, when you're volleying, when you're getting ready for a smash. It actually involves having balance in terms of where your center of gravity is, so yeah, the concepts are similar.
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🔜 @english_union
🔍Learn Vocabulary from the lesson!


▪️High impact sports

I like high impact sports like basketball and tennis.

'High impact sports' involve a lot of running and jumping. Notice the following.

▫️For health reasons, older adults should avoid high impact sports.

▫️High impact sports can be more dangerous but, they're fun to play!


▪️For the rest of the day

This is what I need to do for the rest of the day.

'The rest of the day' is the time remaining in our day after we complete an activity. Here are two samples.

▫️I ate something bad for lunch. I think I'll take the rest of the day off.

▫️I've finished all my classes so for the rest of the day I'm going to surf the net.


▪️Energy levels

It works on your energy levels.

Your 'energy level' is your physical power to do something. Notice the samples.

▫️My energy level is always higher after a good night's sleep.

▫️Carbohydrates can quickly increase your energy level.


▪️A smash

He is getting ready for a smash.

In tennis, 'a smash' is a very powerful downward hit that most often can't be returned by an opponent. Here are some samples.

▫️Match point was decided by a crushing smash.

▫️The bright sun overhead caused him to miss an easy smash.


▪️Center of gravity

You stand where your center of gravity is.

'Our center of gravity' is a point or position where our weight is balanced. Notice the sample sentences.

▫️In rugby a low center of gravity increases power during contact.

▫️A natural awareness of one's center of gravity is important for a gymnast.
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✅ English Prepositions: In or On?
Is it ON Facebook, or IN Facebook? Did you read it ON the newspaper or IN the newspaper? In this short lesson, you will learn an easy trick to know when to use in or on. It’s so easy, you’ll never confuse these words again! Using English prepositions correctly can be hard. But after you learn this tip, you won’t have any problems with in and on.
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✅ What’s your learning style? The BEST way for YOU to learn a language.
How to a learn a language — stop wasting your time with methods that don’t work for you! There is no best way for everyone. The best way for YOU depends on YOUR learning style! People have different learning styles. In other words, they learn in different ways. Some people like to hear information, some like to see an image or diagram, and others learn by doing. In this video, I’ll show you how you can figure out your personal learning style, and how you can use this information to your advantage in the future to learn English more effectively. Knowing your preferred learning style means you can learn more effectively. You will also see that these methods are the ones that you find most interesting. Knowing how you learn best also means you can try new methods of learning English that you may not yet know about! I’ll share with you some ideas about new methods you can try out to help you develop English
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📚 Idiom of the Day

✳️ feel the pinch

✍ Meaning:

🔶If you are feeling the pinch, you're finding it harder to survive on your income.

✏️ For example:

🔷Since the price of oil went up, lots of businesses have been feeling the pinch.

🔷Inflation has been pretty bad recently, so we've all been feeling the pinch.

🆔 @English_Union
🏷 #Idiom
📚 Idioms

1)Cut somebody short

📑Explanation:
Stop somebody speaking

✏️Example:
She was just about to say who had got the job, but I cut her short and asked her to keep it secret.


2)In clover

Explanation:
In comfort or luxury


✏️ Example:
Since winning the lottery, they've been living in clover.

✴️ #Idiom #Idioms
🆔 @english_union
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📽Learning English With Famous Speeches

🗣Justin Timberlake | What Failure Means?
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Audio
🎧Kiwi Adventure

Monica gives some tips on what to do when visiting her country.

#pod #audio
#Podcast_Transcript
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🔜 @english_union
🇺🇸Todd: So, Monica, you are from New Zealand.

🇳🇿Monica: Yes, that's right.

Todd: So, for people going to New Zealand, what would you recommend? What are three or four places that you must see in New Zealand?

Monica: Oh, OK, three or four places you must see. Well, it depends what you're looking for really. I think a lot of people that come to New Zealand enjoy an outdoor lifestyle, so there's lots of outdoor activities and places you can go to to enjoy in New Zealand. Personally, I find the South Island of New Zealand very scenic in comparison to the North Island, so for me, a must-do is the West Coast of the South Island. It's very pretty.

Todd: The West Coast.

Monica: Yeah. In particular, there's two glaciers. Franz Joseph and Fox Glaciers, which are very stunning to look at, and you can either have a look at them by foot, or you can pay for a helicopter ride that takes you up and shows you an ariel view of them.

Todd: Now, do people ever walk across the glaciers?

Monica: There are guides that can walk you across. Yeah, I haven't done it personally, but it is possible.

Todd: So what else would you recommend for New Zealand? What other places should people see?

Monica: I think if you want to see ... let me think ... rural New Zealand. It's quite a nice idea to drive the length of the country and then you can see the interesting farming that is taking place, in particular in the South Island. The lower part of the South Island, and a lot of the North Island as well. There's a lot of sheep in New Zealand and there's a lot of cattle as well, so I think it's interesting to go for a drive to see that firsthand.

Todd: So, you just start up in Auckland in the north and drive all the way down south?

Monica: Yeah, well, there's many ways you can do it, but I recommend one way of doing it is too arrive in Auckland and to have an experience of a big city, well a big city for New Zealand, and then drive down the center of the North Island and maybe have a farming experience somewhere. There's a lot of farm stay opportunities available for tourists who come to New Zealand, so depending on how you do it. You might want to stay two or three days with a family and experience a farming lifestyle. So that's, yeah, one thing I'd recommend. And another is to maybe go to a city like Rotorua which is really in the center of the North Island, and experience Maori culture. There's a Maori village there near the Whakarewarewa forest which hosts a lot of tourists, and you get to experience Maori waiata which is Maori songs and you get to see the hot springs in New Zealand and thermal mud pools, so, yeah, Rotorua is a nice city to go and visit, and then work your way down to the capital of New Zealand which is Wellington, and I think if you want to experience the cafe lifestyle of New Zealand that's a good place to go.
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🔜 @english_union
🔍Learn Vocabulary from the lesson!


▪️A must do

A must do is the west coast.

Here, we can think of ‘must do’ as meaning a place you must see or ‘must visit’. Notice the following:

▫️The Palace of Versailles is a must do if you’re in France.

▫️The Statue of Liberty is on my must do list when I visit New York.


▪️Stunning

It is stunning to look at.

In this context, ‘stunning’ simply means very, very beautiful. Here are two samples:

▫️On a clear day, the view from the Eiffel Tower is absolutely stunning.

▫️The natural beauty of the Amazon rainforest is stunning.


▪️An aerial view

It shows you an aerial view.

We use the word ‘aerial’ to talk about things in the sky. An ‘aerial view’ is a view from a balloon, airplane or in this case a helicopter, high above the land. Notice the samples:

▫️Helicopter tours offer a unique aerial view of the Hawaiian Islands.

▫️An aerial view of the Swiss Alps is truly unforgettable.


▪️Farm stay

There are many farm stay opportunities.

There are many places to stay when we travel; for example, hotels and youth hostels. A ‘farm stay’ is an opportunity to spend time on a farm and experience a farming lifestyle. Here are some samples:

▫️There ́s no need to hurry, Meyers Farm stays open well after zoo opening-hours!

▫️How long does a Working Holiday / Farm Stay program last?


▪️Work your way down

You should work your way down to the capital.

When we travel, we usually have a list of places we wish to visit. ‘Work your way down’ means to start at the top of the list and work your way down from the 2nd, 3rd, 4th, and so on to the last. Notice the sample sentences:

▫️We’ll start our vacation in France, next Spain, then work our way down to Italy.

▫️Wow! There are so many expensive shops to see. Let’s start at Ginza 1 and work our way down.
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🔜 @english_union
📅Phrasal Verb of the Day

✳️ jut out

✍ Meaning:

If something juts out, it is further foward than usual or it sticks out more than usual.

🔎 For example:

🔺 jut out
 The front of his car got hit because it jutted out into a busy traffic lane.

🔺 be jutting out
 If the broken pipe hadn't been jutting out from the wall, I wouldn't have tripped over it.
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🔜 @english_union
✴️ #phrasal_verb
📝 Idiom of the Day
✏️✏️✏️✏️✏️✏️✏️

✳️ jump down your throat | jump all over you


✍ Meaning:

If someone jumps down your throat, or jumps all over you, they strongly criticise you or scold you.

🔎 For example:

🔺All I did was come twenty minutes late, and the manager jumped down my throat. I don't understand why he got so mad.

🔺Janie's parents jumped all over her for forgetting to call them and tell them she'd be getting home late.

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🔜 @english_union
✴️ #Idiom
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