New York Times article about Jerry Yang

SAN FRANCISCO — One of the first questions that Jerry Yang and his top lieutenants pondered after he became chief executive of Yahoo last summer was whether the company could remainMr. Yang, a cerebral, highly analytic executive who, by all accounts, cares deeply about the company he helped build and its workers, appears to have run out of time to answer those questions.It took until last week, more than six months into Mr. Yang’s tenure, for him to announce that Yahoo would cut 1,000 employees. At the same time, however, Mr. Yang warned investors that he had decided to make larger-than-expected investments in the business.“We are still trying to do too many things, and fund them in a way that we need to in order to win,” said a senior executive who has grown disillusioned with Mr. Yang. “With the stock at $24 or $25, we’d be having a very different conversation now. But there were decisions made that were naïve that have left us in a position where we can’t control our destiny.”

comparison of their policies for the US Economy.

Hillary ClintonClinton's economic platform, though aggressive, is well-thought out, detailed and grounded in many of the current economic programs. She is the only candidate that has stated a commitment to a balanced budget. Since the budget deficit is a large contributor to the declining dollar, high oil prices and inflation, its elimination is critical to the long-term health of the U.S. economy. For these reasons, Clinton's platform would be most beneficial to the economy.
Barack ObamaObama's economic platform is visionary, yet does not give enough detail to determine if it is feasible. Without a commitment to a balanced budget, it could be detrimental to the economy.

Recession?

1)RECESSION is the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year.2)Is the American economy heading toward a recession? ABC World News business correspondent Betsy Stark talks about the disappointing report that the nation only added 18,000 jobs last month.
Bill Blakemore: Betsy, is 18,000 far off the mark of what is considered healthy?
Betsy Stark: Oh, it’s way off the mark of what’s considered healthy. You need about 100,000 jobs to just absorb all the new people who come into the job market every month looking for work. So this really is a bleak number. And the other thing that happened was there was a 3/10th of a percent jump in the unemployment rate to 5%. So put those two things together and it’s really flashing recession3)I don't think that us is entereing because the estate of decline is no enough to tell that the nation is recession.

1st post

text