Arts Apr 22 Our National Debt: Political Gamesmanship or a Game of Chicken? A graphic chronicle of debt ceiling hikes from Bloomberg Businessweek. For the record, it doesn't seem like either 'political gamesmanship' or a game of chicken, so much as a vivid illustration of how and why the national…
Science Apr 21 Budget Showdown: What’s In the Obama and Ryan Plans? Editor's Note: This week President Obama has been crisscrossing the country, selling his budget plan to the American people. Meanwhile, Republican Representative Paul Ryan has been pitching his budget proposal to constituents in Wisconsin. We wanted…
Arts Apr 20 What Happens to Us Codgers if the Debt Limit Isn’t Raised? 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…
Arts Apr 18 Making Sen$e: How Much Did President Obama Make in 2010? Editor's Note: The First Family's 2010 tax return was released today. We've pulled out some of the more interesting numbers in a graphic. Here's the snapshot: the Obamas reported an adjusted gross income of $1,728,096, about $3.78…
Arts Apr 15 Making Sen$e: How Does Investing Create Jobs? Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days…
Arts Apr 13 Making Sen$e: The ‘Real’ Effects of Unemployment Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Wednesday's query: Name: George Sacco Question: In these economic reports there never seems to…
Arts Apr 12 Tool$ Tuesday: Tips For Tax Day Tax day is breathing down our necks: just under one week left to file. And that's including this year's three-day extension; tax day bumped from the traditional April 15th to the 18th, since D.C. government workers have the day off…
Arts Apr 11 Could ‘Financial Weather Observers’ Prevent Another Economic Crisis? Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Michael Cassady Question: As I read deeper into the details about…
Arts Apr 07 Making Sen$e: The Need for a Long-Term Budget Fix Alice Rivlin (seated in green) with Senate Majority Whip Richard Durbin, D-Ill., and Andy Stern, president of the Service Employees International Union, during a meeting of the National Commission on Fiscal Responsibility and Reform in late 2010. (Photo By Tom…
Economy Apr 06 Government Shutdown: Rx of the Devil or Just What the Doctor Ordered? A conversation this morning with a centrist Democrat from the Brookings Institution who lived through the shutdown of 1995, economist Martin Baily. "In terms of the economy, it had a surprisingly small effect," he said. "On the other…