Home Archives April 2008 Q&A with economic pundit Bill Conerly

Q&A with economic pundit Bill Conerly

| Print |  Email
Tuesday, April 01, 2008

BillConerly.jpg Who ya gonna call?

HEADY TIMES  if you’re an economic pundit. The economy is getting sour, so TV stations want your sound bite and reporters want your quotes. It might be a bad time to be a mortgage broker, or a banker, or a construction worker, but it’s high times on the media gravy train for econ warriors like Bill Conerly. Conerly is one of the region’s best-known economists and author of Businomics: From Headlines to Your Bottomline, How to Profit in Any Economic Cycle. As such, he’s had calls from wisdom-hungry media ranging from USA Today to the News Hour with Jim Lehrer. In a gloomy market, Conerly is a go-to guy. We caught up with him recently to extract a little wisdom.

Let’s get this out of the way at the top. Recession. Yes or no? Maybe. It’s either a recession or a recession-ette. For many businesses, a near-recession is pretty darn harsh anyway.

Is the economic gloom keeping you busy? I’ve done a lot more media interviews lately. When everything is going along fine, the economy is not in the news. Starting late last year reporters I hadn’t talked to in years began calling. There was a time when it was exciting to be interviewed on TV, but I’m 20 years past that. But I’m not 20 years past loving economics. I fell in love with it when I was 16. My wife asks me why I keep working. If I were retired, I would still be getting up in the morning checking the economic news. I might as well get paid for it.

How stupid are journalists about economics? There are some very sharp people in the journalism profession and there are some very stupid ones.

How stupid is everyone else? On a scale of 1-10, the country is a 3 in overall economic intelligence. People who are not well informed are more fearful. The presidential election doesn’t help. There is rarely anything sensible coming out of the mouths of candidates. Virtually every candidate is talking about jump-starting the economy. The consensus among all of us economists is that the president doesn’t run the economy.

Do you answer the same questions over and over? Yeah, over and over. Some of the smart reporters know the answers but need me on the record saying it. Some of the reporters are just so totally clueless. Some reporters are covering an economic story because that’s what they have to do to get to their ultimate goal: the ax murder beat.

Any special beauty routine for your TV appearances? No. For a while I was thinking I should keep a jacket and a tie around. But I am what I am.

Dating a supermodel yet? No, but people will ask me about Giselle, the Brazilian model who asked to be paid in euros not dollars. And for the record, I don’t comment on economic groupies.

ROBIN DOUSSARD


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Video: Kickstarting Oregon business

News
Thursday, March 27, 2014
02.04.14 Thumbnail VideoBY JESSICA RIDGWAY | OB WEB EDITOR

Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.


Read more...

Banishing oil burners reaps benefits for schools

News
Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Read more...

Green your workplace

News
Thursday, April 03, 2014
100Green14logo200oxBY OB STAFF

Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...

Speeding up science

News
Tuesday, February 25, 2014
02.25.14 Thumbnail MedwasteBY JOE ROJAS-BURKE | OB BLOGGER

The medical research enterprise wastes tens of billions of dollars a year on irrelevant studies. It’s time to fix it.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...

Eking out a living

News
Tuesday, April 08, 2014
04.08.14 thumb ourtable-coopfarmsBY HANNAH WALLACE | OB BLOGGER

It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS