Not to worry about the economy … President Obama has a Plan B.
His response to the bump in the unemployment rate: everybody should “buy a thingamajig for their furnace” … in June, no less.
You can’t make this stuff up.
I love it when the economist-in-chief talks off-the-cuff without his teleprompter.
Now, about those transcripts …
Don’t faint, I wasn’t talking politics.
The topic on Marketplace was JC Penney’s decision to supplement their “fair & square – no sales” strategy with Friday sales.
My predictable reaction:
Kenneth Homa: Well now their basic proposition is they’re not going to have sales, except for when they have sales.
Reporter: Ken Homa teaches marketing at Georgetown’s McDonough School of Business.
Homa: I don’t know how they can possibly communicate that clearly to any consumers
click to hear the 2-minute podcast or read the full transcript
The Homa Files 