WhyYouCare is breaking from our norm of highlighting one article today because of the deluge of post presidential address coverage. If for some unforeseen reason you missed President Obama's address to Congress you are saved by the internet. Just about every news organization has posted a transcript (like CNN has here). However, we are particularly impressed with the web producing by both the Wall Street Journal and the New York Times for different reasons.
The New York Times has posted the entire video of President Obama's address (like many news outlets) online. However, the New York Times has one-upped the others by providing written analysis that corresponds to the President's address. In other words, as the video plays and you listen the President, written reporters' analysis automatically scrolls by for that particular moment in the speech. Nothing short of terrific producing. Which bring us to the Wall Street Journal which picked certain topics in the speech and compared those words to prior Presidents'. You just need to click on economy and compare President Obama to Presidents Kennedy and Reagan. Also, nothing short of terrific. So, if you missed it, or want more, you got it.
But our mission statement is finding the buried stories that put you ahead of the curve, and today there are two.
Here's why you care: The first is Wall Street Journal's Nick Timiraos who has written a piece on crunching the numbers on the age old dilemma of buying vs. renting. You care if you already own because as prices drop buying becomes more attractive, thus eventually driving prices back up again. Read this story, he's ahead of the curve.
Here's why you care: Another reporter ahead of the curve is the New York Times' David Leonhardt who today outlines in his Economic Scene column that the cost of a strong military and programs like Medicare mean one thing in the coming years: Higher taxes. His reporting is based on comments made by Republicans and Democrats at the White House's fiscal responsibility summit which we noted on our events calendar. His column is thoughtful and forward looking, and thus you should give him a couple minutes of your time. He'll put you ahead of the curve.