The Next Bailout

Deeper and deeper we go.
This may come as a surprise since I am a journalist, but when it comes to what news stories I follow, I think I’m pretty average. Generally, the big stories of the day catch my attention–currently the economy, Gaza, weather in Washington where Seattle is currently isolated thanks to flooding and avalanches–but how I follow them is a little bit different than the average consumer. Because I’m a journalist, I like to dig deeper, get information from sources that take the time to report and question the accepted wisdom (when there is some). It’s one of the reasons I’ve been listening to Planet Money during this Recession and urge you to as well.
Planet Money, while far from perfect, at least digs into the story a bit deeper than most outlets and asks listeners to decide what might be the right way to fix things. Take the new stimulus package for example. In stories across the major papers, because everyone cited in articles about it wants it to pass, it is taken as a given that an-almost (or maybe for-sure) $1-TRILLION stimulus bill is the right way to go. But did you know that that there is a large school of thought out there that thinks dumping more money into the economy through public works programs is not a good idea? Thanks to Planet Money I do. Now, I don’t happen to agree with that school of thought since I think that anything which creates jobs at this point is a dam good idea, but it sure is helpful to know there’s another option.
Take a minute and dig deeper.








