- How can the U.S. government be continuously providing billions of dollars to various countries (we have trillions of dollars in debt)?
Question/Comment: I have always enjoyed your professional discussions and news coverage. Could you please help me understand how the U.S. government can continuously be providing billions of dollars to various countries (we have trillions of dollars in debt)? Also, why … Continue reading
The drive to own more homes and renovate old ones in the U.S. fueled the number of bank loans that underlie the country’s meltdown. In the first in a series of interviews on the economic downturn, Daniel McGinn, author of “House Lust,” details his take on the factors behind the housing and credit crises. Continue reading
The Labor Department reported a 0.8 percent rise in consumer prices in July — double the expected rate — sending inflation on its fastest annual pace in 17 years. Continue reading
Driven down by sagging demand for vehicles, U.S. retail sales had their worst showing in five months in July, according to newly released government figures. Continue reading
Despite trillions of dollars in revenue, a large swath of domestic and foreign corporations paid no U.S. income taxes between 1998 and 2005, according to a government study released Tuesday. Continue reading
Question/Comment: Your report on “moral hazard” was really outstanding. Now, try explaining how it increases the cost of health care. Paul Solman: As with any insurance, if you’re covered for your health, you might take more risks than otherwise. “I … Continue reading
T. Boone Pickens, a Texan oil tycoon, has made it his mission to promote massive new investment toward alternative energy sources. Pickens discusses his plan and efforts to make energy independence a central issue in the fall campaign. Continue reading
Question/Comment: What can be done about the fact that in today’s unemployment statistics, there are only four times as many whites unemployed as blacks, despite there being six times as many whites in the labor force? Paul Solman: According to … Continue reading
- The “experts” all seem to be on the side of the status quo. Why can’t we hear from people inside the industry who really want to reform it?
Question/Comment: With all the discussion of the mortgage crisis, there is still hardly any mention of actually cleaning up the mortgage industry. The “experts” all seem to be on the side of the status quo, but maybe this is contributing … Continue reading