CNN’s ‘Your $$$$$’ Scours the Nation for Recession Hints
Co-hosts prod guests about the R-word, select states with bad news.
By Jack Yoest
Business & Media Institute
11/7/2007 10:37:09 AM
The national economy continues its strong performance, but “Your $$$$$” co-hosts Ali Velshi and Christine Romans were looking hard for bad news.
In October, 166,000 jobs were added, twice the expected growth rate. General growth as measured by the gross domestic product was estimated at a robust 3.9 percent for the most recent quarter.
That meant CNN didn’t find a national recession and had to look for trouble on the state level.
“There are some states…where people are feeling all the elements of a recession already,” Velshi said. Earlier in October, Velshi told viewers “the bottom line is to most Americans, a recession is what it feels like to you.”
U.S. political candidates are beginning to produce work and family policy positions in response to what most Americans feel – that work and family balance is a major issue facing American families. Women in particular struggle with such balance and with achieving equality in the workplace. Several bills have been introduced in Congress to mandate paid parental leave to help women achieve better balance and more equality. But is this approach best for women as a whole?
Dr. Yoest’s experience as a researcher, policy advocate and mother of five give her an important perspective on this current debate. Join the New America Foundation’s Workforce and Family Program for a provocative discussion on paid parental leave.
“You know, Ron Reagan’s fiscal record was not so great…” claimed Karen Tumulty, national political correspondent for Time magazine. Tumulty was a guest on CNN’s ‘Your $$$$$’ October 13, providing political analysis on the economic policy proposals of the presidential candidates.
The segment was titled “Fear Factor.” Christine Romans, began with the observation that there is a political party that believes, “government needs to expand its reach to protect citizens from catastrophe.” No, Romans assured us, “We are not talking about terrorism, we are talking about the economy.”
Read the entire article and let me know what you think. Did president Ronald Reagan have a poor fiscal record? And did he really win the cold war?
Or is this simply a liberal bias from the main stream media?
Charmaine Yoest, Vice President for Communications at Family Research Council, appeared on CNN Headline News October 16, 2007 to discuss a proposal at a middle school to dispense contraceptives to its students.
Author’s former job explains her adoration of unions, but she is unopposed on ‘Your $$$$$.’
The AFL-CIO reports that only 12 percent of the work force belonged to unions last year and the hosts of “Your $$$$$” are not happy.
Hosts Ali Velshi and Christine Romans told viewers why labor unions are good — and business was not — on the September 2, pre-Labor Day broadcast. To help, they brought in Beth Shulman, author of “Betrayal of Work: How Low-Wage Jobs Failed 30 Million Americans and Their Families.” Shulman was introduced as a “labor consultant” rather than the more accurate former vice president of the United Food and Commercial Workers International Union…
Submissions, as the Alert Reader will know, are self-selected by the author, and edited and vetted by the carnival host. Not every article submission is accepted.
My friend Anita Campbell leads this week’s carnival with about the best collection of podcasts todate. This is an essential resource for anyone considering podcasting or who might want to be a guest on radio and podcasts — and who needs a list of the better podcasts. Anita Campbell presents 100 Small Business Audio Podcasts posted at Small Business Trends Radio | Small Business Information. Anita demonstrates here what is best about the blogosphere. (Full Disclosure: Your Business Blogger has written for Anita Campbell.)
As a company grows, the number of responsibilities grow right along with it. Not only do the number of departments expand, but their size and scope increases as well. Taken together, managing all departments and staff within the organization becomes too much for any one person. No one possesses the time or skills required for each and every job in the business. Delegation of responsibility is essential. It is here that problems can arise that can hurt the company’s performance.
Wayne, as usual, gets it right: One of the biggest challenges to the manager, especially the business owner, is to have staff that are less Boss reliant — and become more self reliant members of the team. Wayne Hurlbert is always worthwhile reading.
Brian at Financial Dominance shows us the new Illinois 529 Bright Start Savings plan and simply explains why this plan has went from one of the worst 529 plans in the US to one of the best. This article caught our attention: the Penta-Posse will be venturing to higher education soon (too soon…) We would have liked a bit more detail on the fee structure and how other states complicate this. But Brian points us to a way these education savings plans should work at Very Happy With Illinois 529 Savings Plan.
Effective keyword research is underrated. Really. And not just in its benefit and importance as it relates to SEO and online search marketing. Thoroughly understanding what keyword phrases your target audience is using to find you (your product or services) is literally invaluable. This knowledge is one of the best weapons you have in your business building arsenal and this weapon can be used both online and off. We’ll come back to that thought a bit later. For now, let’s dive right into how to effectively choose the best keywords for search marketing…
What’s happening to the housing and financial markets right now is the entirely foreseeable consequence of past deliberate policy decisions by the Fed and the Bush administration. The reason a bail-out is finally occurring is because the people who matter are getting hurt.
Financial markets around the globe have been weak and jittery in recent weeks. The following discussion is meant to give you some background on the subprime lending mess and how it spread throughout the financial markets.
Some website owners assume that Google keyword search rankings directly affect sales. So a #1 position will be better than a #2 or #3 position. What counts is the bottom-line result and many other factors come into play in determining that.
Politicians are trying too hard to pressure the Federal Reserve. If they aren’t stopped now, we’ll have a much harder time stopping them in a few years when they try to use an inflation tax to balance the budget.
The number of “very happy” people peaked in 1957, and has remained fairly stable or declined ever since. Even though we consume twice as much as we did in the 1950s, people were just as happy when they had less. 86% of Americans who voluntarily cut back their consumption feel happier as a result.
Some people want a variety of choice, while some people want quality pre-selected information. Whether you are selling products or ideas, how many alternatives do you provide? Here is a short article on how the number of offerings affect decision-making.
An interview with AXS-One chairman and CEO Bill Lyons on why companies struggle with their electronic documents and how email is the new legal Chernobyl.
Wally Bock at Three Star Leadership says, Evidence-Based Management offers the manager some effective tools for making better decision. But it may be harder than you think to make the vision of what Evidence-Based Management can do match up with reality. See issues.
Where are interest rates headed? James Hamilton of Econbrowser concludes that the Fed has abandoned its 5.25% target for the fed funds rate, and, when it goes back to targeting, will pick a lower value, in Whee!
The point is not to just point out the fact that a dollar is only worth 4 cents (about the exact cost of printing, regardless of the denomination), but to shed light on some things you need to be mindful of…
How would you like to live in crushing, abject poverty? Does the idea of living and sleeping on the streets of a major American city sound appealing to you? Would you like to grow old and penniless, spending your final days on this Earth barely getting by on the meager checks sent to you by some large government bureaucracy? Well, my friend, do I have the program for you.