Question/Comment: At what point does increasing Productivity damage a consumption-based economy? Can this be discussed with respect to the recent historically high levels of productivity in “modern industrialized” economies with relatively inelastic labor pools? Paul Solman: Most economists will tell … Continue reading
A new study on American higher education gave all but one state a failing grade on affordability, and warned that college could soon be out of reach for most Americans. Continue reading
Food banks and charities around the country are experiencing shortages as the economy continues to slide. In a two-part report, Tom Bearden examines how food banks are faring and Ray Suarez talks to analysts about the rising number of Americans using food stamps. Continue reading
Question/Comment: The only income I have is social security. Do I have to file my social security in order to get the rebate or will I get it automatically? Do I receive a rebate? Paul Solman: This Internal Revenue Service … Continue reading
- Harley Davidson was a success story in your “Rust Belt” series, but I understand that their workers were recently given unpaid leave. How do you reconcile this?
Question/Comment: You used Harley Davidson as a success story in your “Rust Belt” series, but I understand that their workers were recently given unpaid leave. How do you reconcile this? Paul Solman: Because the workers still have good-paying jobs. Unpaid … Continue reading