Comments on: AP’s Crutsinger ‘Clings to Recession’ Despite Improving Data http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/ The Business End of the Blogosphere Fri, 4 Jul 2008 21:04:21 +0000 http://wordpress.org/?v=2.5 By: dscott http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122168 dscott Thu, 08 May 2008 20:34:02 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122168 Following up on that line of thinking political campaign giving diverting money from giving to charities: Is giving money a zero sum game, well someone thinks so but it seems anecdotal since no references are given? http://mercyman53.wordpress.com/2008/02/10/political-contributions-are-robbing-charities-and-churches/ internet search results are really sparce on the issue. Following up on that line of thinking political campaign giving diverting money from giving to charities: Is giving money a zero sum game, well someone thinks so but it seems anecdotal since no references are given?
http://mercyman53.wordpress.com/2008/02/10/political-contributions-are-robbing-charities-and-churches/

internet search results are really sparce on the issue.

]]> By: TBlumer http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122167 TBlumer Thu, 08 May 2008 20:28:46 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122167 #3, you are correct. Thanks. Fixed at NB, too. It's hard to get good help these days. :--> #3, you are correct. Thanks. Fixed at NB, too. It’s hard to get good help these days. :–>

]]> By: dscott http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122166 dscott Thu, 08 May 2008 20:10:03 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122166 Here is a trailing barometer of economic activity: charities. http://www.charleston.net/news/2008/apr/08/givings_down_at_charities36435/ <i>United Way's 1,350 affiliates, which together form the largest nonprofit in the country, typically don't see a drop in giving until well after a recession begins, Belous said. It takes an extended period of hardship before people decide they can no longer help out. And many wait until the end of the year to give money, so if a recession begins earlier in the year, the organization doesn't realize it has lost support until later, he said. </i> The MSM doesn't report on it much but I think is a useful anecdotal guage of disposable income. Also one needs to factor in this is a major national election year, I have to wonder if with all those millions of dollars flowing into the Politician's money box if a significant portion was diverted from charities???? I know PBS contributions are down in my area. Here is a trailing barometer of economic activity: charities. http://www.charleston.net/news/2008/apr/08/givings_down_at_charities36435/

United Way’s 1,350 affiliates, which together form the largest nonprofit in the country, typically don’t see a drop in giving until well after a recession begins, Belous said.

It takes an extended period of hardship before people decide they can no longer help out. And many wait until the end of the year to give money, so if a recession begins earlier in the year, the organization doesn’t realize it has lost support until later, he said.

The MSM doesn’t report on it much but I think is a useful anecdotal guage of disposable income. Also one needs to factor in this is a major national election year, I have to wonder if with all those millions of dollars flowing into the Politician’s money box if a significant portion was diverted from charities???? I know PBS contributions are down in my area.

]]> By: NewEnglandDevil http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122165 NewEnglandDevil Thu, 08 May 2008 19:54:01 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122165 Your first bullet reads "The Institute for Supply Management (ISM) Manufacturing Index released a week ago, covering about 85% of the economy..." I believe that should be 15%. NED Your first bullet reads “The Institute for Supply Management (ISM) Manufacturing Index released a week ago, covering about 85% of the economy…”

I believe that should be 15%.

NED

]]> By: the Daily Ramble http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122162 the Daily Ramble Thu, 08 May 2008 16:20:28 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122162 <strong>Recession...</strong> At least if Obamessiah wins the Presidency we'll start to get good news from the MSM on the economy (regardless of the actual numbers). Just look at today compared to '96 heh... Recession…

At least if Obamessiah wins the Presidency we’ll start to get good news from the MSM on the economy (regardless of the actual numbers). Just look at today compared to ‘96 heh…

]]> By: Lord Nazh http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122161 Lord Nazh Thu, 08 May 2008 16:14:24 +0000 http://www.bizzyblog.com/2008/05/08/aps-crutsinger-clings-to-recession-in-face-of-improving-data/#comment-122161 All we need is a D in the whitehouse and we'll have all the good news on the economy they can find. :) All we need is a D in the whitehouse and we’ll have all the good news on the economy they can find.

:)

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