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Wonk Watch 7.2.09

Posted Thursday, July 2, 2009 - 4:06pm

Brad DeLong posted a fairly ambivalent soliloquy on the state of, well, states. In good news, the "economy appears to be nearing the end of contraction," even as only 10 percent of stimulus funds have been sent out to state and local governments, DeLong said. That being said, it's pretty easy to see that state fiscal budgets are suffering in a bad way, Brad added, and it's difficult to see how the stimulus is helping the situation, particularly in the realm of public works and infrastructure.

  • Amy Tennery is a proud former intern of The Big Money. She is currently an editorial assistant at The Real Deal and can be reached at at@therealdeal.com.
  • Gabriel Beltrone is an intern at The Big Money.

When Cheaper Fashion Yields Dumber Ads


Posted Thursday, July 2, 2009 - 2:06pm

TBM's Jill Priluck wrote a piece today about Coach's (COH) new line, Poppy. The article raises a timely question: How do you survive a recession when you're a luxury brand that doesn't want to water down your image?

  • Amy Tennery is a proud former intern of The Big Money. She is currently an editorial assistant at The Real Deal and can be reached at at@therealdeal.com.

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