Saturday, November 7

Job Losses in USA post recessions

You can click on the graph to show the full resolution. Its getting worse than previous recessions. One additional bit which you might notice is that by and large, as time goes on, the length of time it takes to get back to the previous top employment levels is stretching. In other words, this huge fall of unemployment which you are seeing can well take over another 2-3 years to recover. Can you imagine the repercussions? Think about the fact that the unemployment will still be lower and hurting when President Obama is going for re-election. I am going to hazard a guess that his re-election is not guaranteed, silver tongue orator notwithstanding. To get people to work in jobs, President Obama has to do something drastic but where is the fiscal firepower to actually fire a bigger gun? I suspect he will let the dollar depreciate, sod the status of reserve currency and let inflation help him out.

But whichever way you look at this, life is going to be fun.

Friday, November 6

God has always been planning things for me'

A simple honest story. h/t ac. Power of dreams, power of teachers, power of motivation.

 

'God has always been planning things for me'
Shobha Warrier
Rediff
July 28, 2008
http://specials.rediff.com/news/2008/jul/28sl1.htm
Naga Naresh Karutura has just passed out of IIT Madras in Computer
Science and has joined Google in Bangalore.
You may ask, what's so special about this 21-year-old when there are
hundreds of students passing out from various IITs and joining big
companies like Google?
Naresh is special. His parents are illiterate. He has no legs and moves
around in his powered wheel chair. (In fact, when I could not locate his
lab, he told me over the mobile phone, 'I will come and pick you up'.
And in no time, he was there to guide me)
Ever smiling, optimistic and full of spirit; that is Naresh. He says,
"God has always been planning things for me. That is why I feel I am
lucky."
Read why Naresh feels he is lucky.
Childhood in a village
I spent the first seven years of my life in Teeparru, a small village in
Andhra Pradesh, on the banks of the river Godavari. My father Prasad was
a lorry driver and my mother Kumari, a house wife. Though they were
illiterate, my parents instilled in me and my elder sister (Sirisha) the
importance of studying.
Looking back, one thing that surprises me now is the way my father
taught me when I was in the 1st and 2nd standards. My father would ask
me questions from the text book, and I would answer them. At that time,
I didn't know he could not read or write but to make me happy, he helped
me in my studies!
Another memory that doesn't go away is the floods in the village and how
I was carried on top of a buffalo by my uncle. I also remember plucking
fruits from a tree that was full of thorns.
I used to be very naughty, running around and playing all the time with
my friends. I used to get a lot of scolding for disturbing the elders
who slept in the afternoon. The moment they started scolding, I would
run away to the fields!
I also remember finishing my school work fast in class and sleeping on
the teacher's lap!
January 11, 1993, the fateful day
On the January 11, 1993 when we had the sankranti holidays, my mother
took my sister and me to a nearby village for a family function. From
there we were to go with our grandmother to our native place. But my
grandmother did not come there. As there were no buses that day, my
mother took a lift in my father's friend's lorry. As there were many
people in the lorry, he made me sit next to him, close to the door.
It was my fault; I fiddled with the door latch and it opened wide
throwing me out. As I fell, my legs got cut by the iron rods protruding
from the lorry. Nothing happened to me except scratches on my legs.
The accident had happened just in front of a big private hospital but
they refused to treat me saying it was an accident case. Then a police
constable who was passing by took us to a government hospital.
First I underwent an operation as my small intestine got twisted. The
doctors also bandaged my legs. I was there for a week. When the doctors
found that gangrene had developed and it had reached up to my knees,
they asked my father to take me to a district hospital. There, the
doctors scolded my parents a lot for neglecting the wounds and allowing
the gangrene to develop. But what could my ignorant parents do?
In no time, both my legs were amputated up to the hips.
I remember waking up and asking my mother, where are my legs? I also
remember that my mother cried when I asked the question. I was in the
hospital for three months.
Life without legs
I don't think my life changed dramatically after I lost both my legs.
Because all at home were doting on me, I was enjoying all the attention
rather than pitying myself. I was happy that I got a lot of fruits and
biscuits.
'I never wallowed in self-pity'
July 28, 2008
The day I reached my village, my house was flooded with curious people;
all of them wanted to know how a boy without legs looked. But I was not
bothered; I was happy to see so many of them coming to see me,
especially my friends!
All my friends saw to it that I was part of all the games they played;
they carried me everywhere.
God's hand
I believe in God. I believe in destiny. I feel he plans everything for
you. If not for the accident, we would not have moved from the village
to Tanuku, a town. There I joined a missionary school, and my father
built a house next to the school. Till the tenth standard, I studied in
that school.
If I had continued in Teeparu, I may not have studied after the 10th. I
may have started working as a farmer or someone like that after my
studies. I am sure God had other plans for me.
My sister, my friend
When the school was about to reopen, my parents moved from Teeparu to
Tanuku, a town, and admitted both of us in a Missionary school. They
decided to put my sister also in the same class though she is two years
older. They thought she could take care of me if both of us were in the
same class. My sister never complained.
She would be there for everything. Many of my friends used to tell me,
you are so lucky to have such a loving sister. There are many who do not
care for their siblings.
She carried me in the school for a few years and after a while, my
friends took over the task. When I got the tricycle, my sister used to
push me around in the school.
My life, I would say, was normal, as everyone treated me like a normal
kid. I never wallowed in self-pity. I was a happy boy and competed with
others to be on top and the others also looked at me as a competitor.
Inspiration
I was inspired by two people when in school; my Maths teacher Pramod Lal
who encouraged me to participate in various local talent tests, and a
brilliant boy called Chowdhary, who was my senior.
When I came to know that he had joined Gowtham Junior College to prepare
for IIT-JEE, it became my dream too. I was school first in 10th scoring
542/600.
Because I topped in the state exams, Gowtham Junior College waived the
fee for me. Pramod Sir's recommendation also helped. The fee was around
Rs 50,000 per year, which my parents could never afford.
Moving to a residential school
Living in a residential school was a big change for me because till then
my life centred around home and school and I had my parents and sister
to take care of all my needs. It was the first time that I was
interacting with society. It took one year for me to adjust to the new
life.
There, my inspiration was a boy called K K S Bhaskar who was in the top
10 in IIT-JEE exams. He used to come to our school to encourage us.
Though my parents didn't know anything about Gowtham Junior School or
IIT, they always saw to it that I was encouraged in whatever I wanted to
do. If the results were good, they would praise me to the skies and if
bad, they would try to see something good in that. They did not want me
to feel bad.
They are such wonderful supportive parents.
Life at IIT- Madras
Though my overall rank in the IIT-JEE was not that great (992), I was
4th in the physically handicapped category. So, I joined IIT, Madras to
study Computer Science.
Here, my role model was Karthik who was also my senior in school. I
looked up to him during my years at IIT- Madras.
He had asked for attached bathrooms for those with special needs before
I came here itself. So, when I came here, the room had attached bath. He
used to help me and guide me a lot when I was here.
I evolved as a person in these four years, both academically and
personally. It has been a great experience studying here. The people I
was interacting with were so brilliant that I felt privileged to sit
along with them in the class. Just by speaking to my lab mates, I gained
a lot.
'There are more good people in society than bad ones'
July 28, 2008
Words are inadequate to express my gratitude to Prof Pandurangan and
all my lab mates; all were simply great. I was sent to Boston along with
four others for our internship by Prof Pandurangan. It was a great
experience.
Joining Google R&D
I did not want to pursue PhD as I wanted my parents to take rest now.
Morgan Stanley selected me first but I preferred Google because I wanted
to work in pure computer science, algorithms and game theory.
I am lucky
Do you know why I say I am lucky?
I get help from total strangers without me asking for it. Once after my
second year at IIT, I with some of my friends was travelling in a train
for a conference. We met a kind gentleman called Sundar in the train,
and he has been taking care of my hostel fees from then on.
I have to mention about Jaipur foot. I had Jaipur foot when I was in 3rd
standard. After two years, I stopped using them. As I had almost no
stems on my legs, it was very tough to tie them to the body. I found
walking with Jaipur foot very, very slow. Sitting also was a problem. I
found my tricycle faster because I am one guy who wants to do things
faster.
One great thing about the hospital is, they don't think their role ends
by just fixing the Jaipur foot; they arrange for livelihood for all.
They asked me what help I needed from them. I told them at that time, if
I got into an IIT, I needed financial help from them. So, from the day I
joined IIT, Madras, my fees were taken care of by them. So, my education
at the IIT was never a burden on my parents and they could take care of
my sister's Nursing studies.
Surprise awaited me at IIT
After my first year, when I went home, two things happened here at the
Institute without my knowledge.
I got a letter from my department that they had arranged a lift and
ramps at the department for me. It also said that if I came a bit early
and checked whether it met with my requirements, it would be good.
Second surprise was, the Dean, Prof Idichandy and the Students General
Secretary, Prasad had located a place that sold powered wheel chairs.
The cost was Rs 55,000. What they did was, they did not buy the wheel
chair; they gave me the money so that the wheel chair belonged to me and
not the institute.
My life changed after that. I felt free and independent.
That's why I say I am lucky. God has planned things for me and takes
care of me at every step.
The world is full of good people
I also feel if you are motivated and show some initiative, people around
you will always help you. I also feel there are more good people in
society than bad ones. I want all those who read this to feel that if
Naresh can achieve something in life, you can too.
"Every man is guilty of all the good he did not do."