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Article: Politics and the Economy - Like Oil and Water

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Bank News
Article date:
September 1, 2008
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Strategic planning and the current economy were among the more serious subjects on the program for the Kansas Bankers Association's Senior Management Forum and Annual Meeting at the Broadmoor in Colorado Springs last week. For comic relief - or at least a change of pace - there was a dose of presidential campaign politics.

Mining for encouraging economic news was the job of Dr. Gene Stanaland, former economics professor at Auburn University and selfstyled "Will Rogers of Economics." Citing National Bureau of Economic Research data, Stanaland estimated GDP growth for the third and fourth quarters of 2008 at 2 percent and 0.9 percent, respectively, and quarter by quarter in 2009 at 1.2 ...

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