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

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


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