Recession News & Videos: Economy News: Recession News // Current

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As recession puts men ot of work women feel the impact

This article has me wondering if the recession could be a great thing for the feminist movement ... About 1.4 million women... more

nazbags
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Web site for unwanted goods seeks to raise funds for schools, environment & charities for free

A bake and yard sale veteran, Falmouth, Maine, resident Carolyn Gillis decided to take school fundraising to a higher level. She... more

CarolynGillis
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Recession leads to less rush hour congestion

Drivers are spending less time stuck in rush-hour traffic for a second straight year, the first-ever two-year decline in... more

ebindelglass
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Got Debt? Equifax Launches Debt Wise

What happens when you lose your job and run out of money? You stop paying your mortgage or rent, credit card bills and car... more

IlyceGlink
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Stop, thief! Tesco adds security tags to CHEESE

Tesco is putting metal strip security tags - usually reserved for pricier items like alcohol, razor bladed and CDs - on cheese.... more

burukku16
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Judge Clears Hurdle for GM's Bankruptcy Exit

A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the... more

ebindelglass
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Lingerie sales up by 50% since the start of the recession

Staying in is the new going out, and with couples spending more evenings together, the lingerie business is a-booming apparently.... more

emmaboswood
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Transitional Communities For The Homeless - Nickelsville

The tenacity of the human spirit is a remarkable force, and when individuals work together they can accomplish so much in the face... more

hardlynormal
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24 Cities, 49 Days, 8,598 Miles InvisiblePeople.tv Road Trip U.S.A.

This summer, InvisiblePeople.tv is traveling across America to capture the stories of people without a home. By visiting tent... more

hardlynormal
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"What if there were no STOP signs...,

I came across this video in YouTube and I think it is the funniest one I have seen, mimicking the process of creating/designing... more

plusaf
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Surge in US job losses 'sobering', says Obama

US President Barack Obama says the latest surge in job losses is 'sobering', after new government figures pushed the... more

Siriuslyfun19212
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Are they brave or mad? Office workers go naked to boost team spirit

A group of office staff have discovered they work better together when they are NAKED. Workers at design and marketing company... more

AndreaKnoll
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What do obama and Philip Dru have in common?

Barack H. Obama will forever be known as the first black president of the United States. This fact will likely be the least... more

slvrGelatin
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Unemployment Hits 9.5 Percent

Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent,... more

ebindelglass
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Arts in Crisis (And Not Just From the Economy)

"American arts organizations are threatened, but it is not the economy that poses the largest threat.

It is the decision-making of boards and staffs in response to economic challenges that has much greater long-term implications for the health of our arts ecology.

While arts funding only fell 6% last year, many arts organizations are making drastic cuts to their programming. Many have canceled performances, eliminated educational programming, shortened seasons, or closed altogether. Others are "dumbing down" their product; there is a widespread call to make programming more accessible (read boring). Still more are cutting their marketing dramatically; after all, they argue, who will notice if we spend less on communicating our (reduced) programming?

These approaches to dealing with the current recession all assume that cost is the underlying problem of the arts; conventional wisdom suggests that an arts organization can "save its way to health."

But this is wrong, dangerously wrong.

Arts organizations across the world have a revenue problem, not a cost problem. We are a remarkably efficient industry, doing more with less. But we do not yet know how to create the revenue streams we need to do our work in a consistent manner.

And what creates revenue for an arts organization? Good art supported by strong marketing. Arts organizations that consistently do good work and are aggressive about their marketing are the ones which succeed, both programmatically and financially.

Cutting programming and marketing, the current favored strategy, therefore, ensures that future revenue will fall. This initiates a viscous cycle; less art and marketing yielding less revenue leading to more cuts in programming and marketing, less revenue, etc. etc.

Taken to its conclusion, an arts organization simply gets too small to matter.

This is why our arts are in crisis today. We can survive the current economic downturn if we keep our programming vital and work harder than ever to convey our message. Those arts organizations who compete well will survive and recover when the economy recovers. Those that continue to cut away at their programming are likely to become irrelevant.""American arts organizations are threatened, but it is not the economy that poses the largest threat. It is the... more