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Thursday, April 25, 2024

‘It’s Just Happening Spontaneously’

‘It’s Just Happening Spontaneously’

Courtesy of Michael Panzner of Financial Armageddon 

PBS NewsHour correspondent recently sat down with colleague and business and economics correspondent Paul Solman and asked him how the series of pieces he’s been doing in recent weeks and months about people who are underemployed, unemployed, and really trying to find work have been different than the range of stories he’s been doing for the sho for so long.

The striking thing — one striking thing — and actually, a somewhat disturbing thing when you’re …doing the interviewing, is how many of them are now — or have been in the last six months months, let’s say — crying on camera. It’s just happening spontaneously. Now, I’ve been doing reporting on TV about business and economics for 33 years — I swear to you, in the last six months I’ve had more people cry on camera than in the entire thirty-two-and-a-half years before that.

Just in case there are any investors reading this and looking for any sort of excuse to put their buying boots on, he said "crying," not "laughing," or "smiling," or "cheering." Oh, wait, those are also bullish words these days, aren’t they?

Here is the complete interview. 

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