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August 3rd, 2009
06:00 PM ET

Do women make better bosses?

FROM CNN's Jack Cafferty:

Women make better bosses than men. So says Carol Smith, a senior vice president at Elle media company. She tells the New York Times that there's no contest: Women are better advisers, mentors and rational thinkers.

She adds that male bosses "love to hear themselves talk," and that in some jobs, she's intentionally arrived late to meetings so she could miss the sports talk before they got down to business.

Some experts agree: They say women are more collaborative and democratic than men. Also, they say women are more encouraging and less bossy - because people tolerate bossy women even less than bossy men.

One former female executive says women give more "straight talk" than men, and that many employees complain about the feedback style of male bosses - calling it everything from harsh to evasive.

But others say that women don't necessarily make better bosses. They find them less likely to take risks and say they're more emotional, which can be a bad thing... They say that women who it make it to senior management positions wind up belittling other women as a way to prove their own superiority. One study shows that women report less stress if their boss is a man.

Research also shows that good managers usually exhibit more so-called masculine traits - like autonomy and independence - than feminine traits - like warmth and sensitivity - to what others need.

Here’s my question to you: Do women make better bosses?

Interested to know which ones made it on air?

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Filed under: Uncategorized
August 3rd, 2009
05:00 PM ET

Would raising middle class taxes cost Obama a 2nd term?

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(PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

The Obama administration is not ruling out tax increases on the middle class. And this could be a very big deal.

During the campaign - candidate Obama repeatedly promised the middle class wouldn't see their taxes increase "one single dime." In fact, he said he would cut taxes for "95-percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class."

Fast forward a year... After bank bailouts, auto bailouts and the economic stimulus package - the president is trying to figure out a way to pay for all this plus health care reform while also reducing deficits. There aren't many choices: either raise taxes or cut spending. White House Press Secretary Robert Gibbs today insisted the president wouldn't break his campaign promise.

But Treasury Secretary Tim Geithner and National Economic Council Director Larry Summers both sidestepped questions over the weekend about raising taxes on the middle class. Geithner said they're not ready to rule out a tax increase to lower the deficit, while Summers pointed out that health care overhaul needs money from somewhere, saying "it is never a good idea to absolutely rule things out, no matter what."

But the problem is, the president is the one who ruled it out. We all remember how former president George H. W. Bush's famously promised: "Read my lips... no new taxes." A couple years later, he raised taxes and that was the end of his presidency. He lost his bid for re-election to Bill Clinton after one term.

Here’s my question to you: Would breaking his word on tax hikes for the middle class make Barack Obama a one-term president?

Interested to know which ones made it on air?

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Filed under: President Barack Obama • Taxes
August 3rd, 2009
04:00 PM ET

Should Senate approve another $2b for cash for clunkers?

FROM CNN's Jack Cafferty:

The popular "cash for clunkers" program is out of cash; and its fate now lies in the hands of the Senate. The initial pool for rebates to trade in gas guzzlers was $1 billion; and the Obama administration says it will end the program next week if they don't get more money. The House already voted for an additional $2 billion.

So far, the cash for clunkers program has led to the sale of 250,000 new vehicles. It helped bring Ford its first monthly sales increase in two-years. Also, the administration says that 62-percent of the traded-in vehicles are trucks; and people are replacing them with cars that get better mileage.

Former Federal Reserve Chairman Alan Greenspan says car and truck building was rebounding even before this program started; but he adds that the "extraordinary response" shows confidence in the economy is picking up.

Meanwhile - Republicans are asking how the government will be able to handle massive health care reform if they can't manage a smaller-scale program like this. Senator Jim Demint - one of the president's toughest critics these days - says it's an example of the "stupidity coming out of Washington right now." Senator John McCain has said he would lead a filibuster against the bill for the additional $2 billion.

Other critics say the rebates are mostly helping out middle-class people who would have eventually bought a new car anyway...

Here’s my question to you: Should the Senate approve another $2 billion for the "cash for clunkers" program?

Interested to know which ones made it on air?

FULL POST


Filed under: Auto Industry • Energy