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02 May 10 Recession May Have Ended, But Not the Recessionary Mindset

Experts come on TV, talk on radio, write in the newspaper, and even blog about it, but not everyone is willing to buy the story (or fact) they are selling using all the media they can. For many American the worst is not over yet. They feel the economic recession is not over yet, as revealed by an opinion poll conducted by Harris Poll.

As much as 58% Americans do not believe that the economy is going to improve in coming year — 33% thinks it will stay all the same, but 25% fears the worse has yet to come. 10% of the respondents said they are not sure of the state of the economic affair in the United States. And only 32% showed confidence in the recovery. (See picture)

harris-economic-expectations-apr-2010

If we alter the timeline a bit then the figure is even more disheartening. Almost 80% (combined) of Americans believe the economy will not improve in the next six months — 50% believe the economy will not change in the next 6 months, whereas, 29% fear the worse may happen.

It is on the administration and regulator to falsify the belief of more than 50% of Americans. They need to work hard to prove the skeptic wrong.

harris-economic-expectations-6-months-apr-2010

In which group I fall?

Well, I am an optimist.

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22 Jan 10 Is It Good Idea to Ask People to Pay for the Online Newspaper?

Well, if someone asks me my answer would be no because as evident from the research done by Adweek Media/Harris Poll in December 2009, not many people are reading the newspaper either online or in physical format. And in situation like this, I would not like to discourage the readers who consume the newspaper by making them pay for the content.

This move will not be in the favor of the industry. In the same research, people were asked if they will pay to read the newspaper on the Internet and 77% of them answered no. And among those who agreed to pay money to read the online newspaper, 19% said that they will pay between $1 and $10 in a month, while, 5% said they will pay more than $10 per month for that. It is evident from this research that the industry needs to redefine itself if it wants to survive, or else, it will die in oblivion.

Tags: Ask Online, , , Money Online, Newspaper Online, Oblivion, Online Newspaper, , Reading Online

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