The good economic news really got rolling back in February.
You may remember it was then that we discovered the same companies that were announcing layoffs, were actually rehiring.
Then you started noticing positive bounces: Foreclosures slowing, layoffs plummeting and housing markets stabilizing.
Pretty soon you had over 101 economic positives to talk about at the water cooler or in the lunch room.
And then facebook fans and groups kicked in.
Then yesterday the mainstream media started cluing into the fact that hundreds and hundreds of positive stories do exist about the economy and that their audience is just plain sick and tired of hearing the gloom and doom over and over.
But here's the most exciting part today: One of our very own positive economic news bloggers, Barry Lauterwasser of Positive Economic News is doing a radio spot on Tuesday at 1:20p CDT on WCCO News Radio Minneapolis, MN. You can tune in over the internet at:
http://www.wccoradio.com/ Click on the big "Listen Live" button.
Barry says he is "absolutely thrilled that mainstream is starting to 'get it'. I was very excited to see [positive economic news] start to get some play [in the mainstream press]", says Barry in a recent post on his blog.
Let's take an early or late lunch and all tune in to cheer Barry on. Let's focus good energy on some Keynesian "economic animal spirits" and help to assure an economic turnaround by summer.
(Be sure to check out the comments sections of several of the most recent posts. In addition to links that are provided in the main story, additional economic good news pointers are provided by readers. Thanks all for your contributions!)
When all you read is gloom, turn here for a much different perspective.
Monday, March 9, 2009
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The link to the radio interview is now available at this link.
ReplyDeleteNice job Barry.
Below is a post that I submitted to several doom and gloom economic stories on the local and not so local news sites. At the end of the article an 'add your comments' tag was added. Many people put depressing non-productive comments and I tried to shed some light...the comments I tried to submit are below. Not a single on-line news agency choose to display it, but every other post I have submitted made it thru-->
ReplyDelete+++++++++++++++++++++++++++++++
Have you noticed the following:
The media likes the words/phrases: TUMBLED, SLASHED, SPIRALED, TANKED, FREEFALL, COMPARED TO, HIGHEST LEVEL SINCE, THE GREAT DEPRESSION, COLLAPSE
Economists like the word/phrases: UNEXPECTED, UNLIKELY, WORRIED, WARN, STILL TO COME, MAY WORSEN, DEFLATION, INFLATION, STAGFLATION
I, as well as 92% of population have a job.....but compared to the great depression this is obviously the worst economic downturn since that time, as fears about inflation have created bubbles that have caused deflation to spiral out of control. But even though there are signs of a recovery, don't get too optimistic, because an unexpected bank failure will have reprecussions that may lead to a complete collapse of the economic system as we know it, but in all likelyhood we should see a modest recovery towards the end of the year and life might go on and we'll be just fine.
whew!!
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I wonder why this post was ignored!