Wednesday, January 19, 2011

What’s Causing U.S. Personal Spending to Drop: Job Losses, Fear or Both?



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What's Causing U.S. Personal Spending to Drop: Job Losses, Fear or Both?

Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of the U.S. economy, and that of China too, with middle-class incomes stagnant, and consumer debt more controlled following the housing market bubble, how many jobs can be exported before it impacts U.S. consumption seriously? Paul Solman: I'm assuming you mean "how many jobs can be LOST?" not necessarily ...

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Why Mannheim Steamroller Rules Christmas

Reclining on a leather seat in the cabin of his personal jet, Chip Davis gazes out the window and muses aloud about whether he'll winter at his place in the Florida Keys or his new digs on the coast of Panama. Up front, his two full-time pilots steer the Rockwell Sabreliner toward Columbia, Mo. -- the site of tonight's gig -- as Davis' marketing and logistics people discuss future shows in ...

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