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How Perry and Huntsman Beat Romney on Jobs
Tweet Share on Facebook October 12, 2011 Comment (2)If you're trying to size up the GOP presidential candidates, you may be getting tired of the chest-thumping over which state is No. 1: Texas, Massachusetts or Utah.
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How to Thrive in a Stagnant Economy
Tweet Share on Facebook October 11, 2011 CommentThere's a great debate about the great stagnation.
Are we at the beginning of it, or the middle? Will it last for a decade or two, as in Japan, or might we get off easier? Most importantly, is there anything we can do about it? As with many economic questions, we won't know many of the answers until it's over. But it's a good bet that the sluggish economy we've got now will be with us for a while. Consulting firm McKinsey predicts that the "jobless recovery" will last another five years or so. Economists Carmen Reinhart and Kenneth Rogoff, co-authors of This Time Is Different: Eight Centuries of Financial Folly, argue that high levels of government and private debt, such as the United States and Europe bear now, squelch growth and generate a period of stagnation that can last a decade or more.
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Where Steve Jobs Ranks Among the Greats
Tweet Share on Facebook October 6, 2011 Comment (35)He was indisputably a titan of the digital era. But how does Steve Jobs stack up against the greatest business leaders in American history?
We won’t really know for years, of course, since nobody’s sure where technology will lead or what his company, Apple, may still achieve. But Steve Jobs was clearly a visionary who changed much about the way people use technology. His death from pancreatic cancer at just 56 feels like a national loss. And he’s one of the few people in any field who can plausibly be compared with America’s greatest innovators. So it doesn’t seem too early to try.
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5 Economic Problems Worth Protesting
Tweet Share on Facebook October 5, 2011 Comment (3)The demonstrators camped out near Wall Street in lower Manhattan seem to be earning some grudging respect, due mainly to their staying power. It hasn't hurt that Bank of America, Citibank and other big lenders—as if on cue--have provoked consumer wrath by raising fees on ordinary account holders, demonstrating the heartlessness of Big Money. Now, the "Occupy Wall Street" movement is spreading to Washington, D.C., Boston, Los Angeles and other cities.
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Why the Era of Free Stuff Is Ending
Tweet Share on Facebook October 4, 2011 Comment (21)Just a couple of years ago, writer Chris Anderson asserted that free was the new price of everything . But now, it's looking like time to say farewell to free.
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Video: How to Beat New Bank Fees
Tweet Share on Facebook October 3, 2011 CommentCNN invited me on-air recently to discuss consumer reaction to new fees imposed by Bank of America and other banks. Here's the clip:
