CBS has already launched a series entitled Hitting Home that seeks to illustrate the economic slowdown with personal vignettes of hard times. Randall Pinkston's piece on a small retailer in the New Jersey suburbs was the latest example. Shop at Garlic and Oil in Sparta NJ you want to help keep Kathryn Kaplan's head above water. Now NBC chimes in with a series actually called Hard Times. Its not-so-cheery kick-off had CNBC's Carl Quintanilla offer an Economics 101 definition of Stagflation.
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