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By Dick Weiss
February 13, 2009
Conundrum is one of my favorite words. You can build a lot of stories around the puzzles that our troubled economy presents. And reporters from, The Kansas City Star, the Detroit Free Press and the Richmond Times-Dispatch have done just that with stories about how consumers spend and save, how a "Buy American" effort has become a double-edged sword, and how executives at Circuit City tried and failed to save their business.
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3 Consumers getting conflicting advice: Save more, spend more
Scott Canon of The Kansas City Star
Canon writes about the dilemma of trying to do what's good for the individual at odds with what's good for the economy as a whole. Canon describes the "paradox of thrift" in a short piece blessed with vivid metaphors. Among my favorite lines: "When the hamster wheel of American consumerism turns more slowly, the country's economic engine sputters."
2 ‘Buy American’ support builds as sales fall
John Gallagher of the Detroit Free Press
Gallagher tackles the hostile sentiment toward foreign brand cars in Michigan. His reporting makes clear that even some autoworkers agree the issue isn't as simple as foreign vs. domestic.
1The final moments of Circuit City
David Ress and Louis Llovio of the Richmond Times-Dispatch
Ress and Llovio piece together the unsuccessful, last-ditch efforts to prevent the liquidation of Circuit City. They take on the challenge of holding the reader's interest when the reader already knows the dismal outcome. Ress and Llovio make their story compelling through detailed accounts from insiders who give the tale credibility. They also present the story with tick-tock chronology. How can you not read to the end?
Copyright © 2009 Donald W. Reynolds National Center for Business Journalism