However, in most cases, as in the above example, what they end up using is grade 1 Braille, which is just the alphabet, with all words spelled out.
What they haven't heard of is grade 2 Braille. Grade 2 Braille contains a system of contractions and abbreviations for saving space when writing certain common digraphs such as "sh" and "ed", and certain common words such as "the" and "and".
So I decided to whip up a handy chart:
There was a recent XKCD strip that used Braille with one grade 2 contraction (ED), but the artist apparently missed two other contractions he could have also used: GH, and P for "people". D'oh.
To learn more about Braille, I recommend http://www.brl.org/ebae/index.html .