Economy

 
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This Labor Day, we need protests

Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade, says former Labor Secretary Robert Reich.

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Jon Huntsman opens the door to ‘tax increase,’ challenges the orthodoxy of the Tea Party

In opening the door to comprehensive tax reform, the former Utah governor is casting himself as the moderate in the race, and taking on the Tea Party.

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‘Reverse brain drain’ in the U.S.

Foreign-born entrepreneurs educated in the U.S. are increasingly returning to their home countries to start businesses there. How is the U.S. handling this loss of innovation?

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  Jeff Madrick on the politics of protecting consumers

Jeff Madrick, senior fellow at the Roosevelt Institute, discusses the new consumer protections enacted as part of the Wall Street reform bill passed last year.

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  Neither a borrower, nor a lender

Can an agency protect consumers from making bad decisions about their finances? We meet one military family whose situation seems tailor-made for the mission of the new Consumer Financial Protection Bureau.

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  Are we slaves to debt? David Graeber on the history of spending more than we have

The debate over what to do about debt is nothing new, according to anthropologist David Graeber. Alison Stewart talks with Graeber about our misconceptions about debt and why it plays such a large role in history.

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  The thin green line: Investing in urban parks

Need to Know visits the High Line, a flowering oasis built atop an old train trestle on Manhattan’s west side. It has drawn millions of admiring locals and tourists. But it’s more than just a nice place to relax and take in the view — it’s an economic engine.

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Debt ceiling agreement guarantees that Bush tax cuts will be major issue in 2012

Democrats will get another chance to re-litigate the fight over tax increases, with the scheduled expiration of the Bush tax cuts at the end of 2012.

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On the origins of the debt-ceiling crisis

Stephen Squibb examines how the GOP successfully recast retirement and healthcare savings as “entitlements,” refused tax increases and now finds itself perched on the edge of its greatest victory.