This Morning With Gordon Deal This Morning with Gordon Deal November 29, 2024
Nov 29, 2024
The discussion tackles the fallout from the $1.9 trillion American Rescue Plan and its ties to inflation and voter unrest. It scrutinizes how ambitious promotions in management can backfire, suggesting innovative assessment methods to improve leadership selection. The show also dives into the ironic financial strains faced by high earners, termed 'Henrys,' as they navigate rising costs and student debt. Moreover, holiday travel choices shift towards driving, revealing consumer preferences amid airline delays and economic pressures.
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American Rescue Plan's Impact
- The American Rescue Plan's $1.9 trillion stimulus contributed to inflation and voter discontent, aiding Trump's return.
- While some measures were necessary, others, like stimulus checks and expanded unemployment benefits, appear questionable in hindsight.
Improving Managerial Promotions
- Companies should use tests like resource allocation games or IQ tests to predict managerial skill.
- Relying on preference for management or prior performance alone often leads to poor management choices.
Saving on Holiday Travel
- To save on holiday travel, consider fuel loyalty programs and credit cards with cashback rewards at gas stations.
- Use apps like GasBuddy, Upside, and Checkout 51 to compare prices and find cashback deals.