Question: Obama and Geithner said they would act aggressively to fix the economy. So, why hasn’t the administration limited the number of employees that profitable companies may lay off? That could help significantly by keeping the unemployment rate down, partially … Continue reading
Question: For nearly 150 years, Anheuser-Busch was locally owned here in St. Louis. Now, it’s owned by someone in Belgium. Does this really mean anything for St. Louis beyond those who work for Anheuser-Busch/InBev? Paul Solman: It certainly might. A … Continue reading
The California Assembly approved the state’s long-awaited budget, sending the package to Gov. Arnold Schwarzenegger after several all-night sessions and political concessions. Continue reading
Nine weeks after automakers made their first plea to Congress for emergency aid, General Motors and Chrysler submitted new restructuring strategies and requests for additional federal funds that could bring the government’s total tab to $39 billion. Continue reading
- Could You Explain How Deflation is Different From Companies Setting Prices to Reflect Input Costs and Efficiencies?
Question/Comment: Dear Mr. Solman, I’ve read several articles recently discussing the risk of deflation. I think I understand broadly why deflation is bad for the economy in general. Could you explain how deflation is different from companies setting prices to … Continue reading