Slate, the online magazine, has a fascinating explainer of an oft-asked question: can individuals help pay down the debt and if so, how?
We reported last week on the fear and trembling of bond vigilantism, real or imagined — that the bond market would punish the country for profligacy by raising the interest it demanded to lend us money, thus making everything from … Continue reading
By Elizabeth Shell Just in time for tax season: a tax receipt calculator that shows you how the U.S. federal government spends your taxes. It’s easy to use: just enter your federal tax amount for 2010 and press ‘calculate receipt.’ … Continue reading
From Thursday’s NewsHour: “The Japanese yen settled near record highs against the U.S. dollar today, which make Japanese exports more expensive. Banks and finance ministers of the G7 are considering measures to decrease its value in order to help with … Continue reading
EDITOR’S NOTE: Paul Solman and Dante Chinni of Patchwork Nation recently traveled to Ohio’s Crawford and Delaware counties to examine economic inequality. In a preview of the upcoming story, which is slated to air on Tuesday’s broadcast, we’re cross-posting a … Continue reading
EDITOR’S NOTE: Paul Solman is traveling today but we here at Making Sen$e wanted to share a list of reports we’ve been following on the financial impact of the earthquake and tsunami in Japan. Though it’s too soon to say … Continue reading
By Diane Lincoln Estes and Paul Solman As you’ve probably heard by now either on our program or elsewhere, the administration’s Home Affordable Modification Program (HAMP for short) has been a disappointment — to put it generously. The program, announced … Continue reading