Thu, Sep 18, 2014, 6:05 AM EDT - U.S. Markets open in 3 hrs 25 mins

Recent

% | $
Quotes you view appear here for quick access.

Hewlett-Packard Company Message Board

  • unclefulbert unclefulbert Sep 4, 2012 10:23 AM Flag

    $16.97, Are you better off?

    From Paul Krugman's blog:
    Dean Baker has exactly the right metaphor for journalists asking the really dumb “are you better off” question:

    Suppose your house is on fire and the firefighters race to the scene. They set up their hoses and start spraying water on the blaze as quickly as possible. After the fire is put out, the courageous news reporter on the scene asks the chief firefighter, “is the house in better shape than when you got here?”

    Yes, that would be a really ridiculous question.



    A serious reporter asks the fire chief if he had brought a large enough crew, if they enough hoses, if the water pressure was sufficient. That might require some minimal knowledge of how to put out fires.

    Obama came to office in the midst of the worst economic crisis since the 1930s. The question should be how well he dealt with that crisis — and in particular whether the man seeking to replace him would have done better.

    And the facts of how we’ve done aren’t complicated: the economy was in free fall in January 2009; it stabilized and began growing by mid-2009; but growth has been disappointing, and employment has barely kept up with population.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
HPQ
36.67+0.41(+1.13%)Sep 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.