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Thursday, October 30, 2008
The Short List: Barack's "Obama infomercial" airs
Posted by Joe Bardi on Thu, Oct 30, 2008 at 5:50 AM
Barack Obama aired his half-hour "Obama Infomercial" as the candidate called it on last night's Daily Show. (Time called it a "mini-convention six days before the election.") The production leaned heavily on tug-at-the-heartstrings profiles of "real Americans" and some very specific policy proposals. In case you missed it:
- Florida gets much love as the candidates crisscross the state.
- Millions vote early, immediately smash televisions.
- The worst part is that I had a ticket for game 6.
- There you go again, Sarah Palin.
- Can someone explain how the U.S. faces deflation after the Fed has created all this money?
- Trouble ahead for Facebook?
- 15 technologies that are about to change everything.
- God help us all: The Beatles go digital with their own edition of Rock Band.
Comments (1)
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Joe: I think the point of the NYT business article is that there currently isn't enough money in circulation, which is driving down prices and can lead to deflation. By lowering the Fed rate, as Japan did, we counter that pressure, but also put more money into circulation, increasing the threat of inflation, and as the article states, "another asset bubble."
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