Jun 24 A Skeptic’s Guide to the 2012 Debate Over Manufacturing Job Losses By Dante Chinni The unemployment rate is more than 9 percent. Banks are swimming in foreclosures. It's no wonder that the 2012 campaign is shaping up to be about the economy. Who wouldn't want to "fix" numbers like those? Ah, but there's the… Continue reading
Jun 24 Making Sense: Sneak Peek At a Rust Belt Success Story By Paul Solman A welder at Lincoln Electric. Photo by Jared Manders. We shot footage for an upcoming piece recently at arc welding manufacturer Lincoln Electric. The company, which we last visited back in 1992, is an improbable Rust Belt success… Continue reading
Jun 24 Sneak Peek At a Rust Belt Success Story By Elizabeth Shell A welder at Lincoln Electric. Photo by Jared Manders. We shot footage for an upcoming piece recently at arc welding manufacturer Lincoln Electric. The company, which we last visited back in 1992, is an improbable Rust Belt success story. John… Continue reading
Jun 24 With Debt Talks Stalled Over Taxes, It’s Up to Obama and Boehner President Obama and House Speaker John Boehner. File photo by Saul Loeb/AFP/Getty Images. With five weeks to go before the U.S. government could begin defaulting on its financial obligations, it's now up to President Obama and House Speaker… Continue reading
Jun 23 Watch White House, GOP Budget Deficit Talks Hit a Wall: Now What? Budget deficit negotiations between Vice President Joe Biden and GOP lawmakers broke down Thursday after House Majority Leader Eric Cantor pulled out over the question of raising taxes. Judy Woodruff discusses the breakdown and what's ahead with The Washington Post's… Continue watching
Jun 23 Making Sense: Is China’s Economic Progress In Trouble? By Paul Solman Stephen Roach of Morgan Stanley and now Yale, and author of the book "The Next Asia," has long been among the most astute and independent of economic forecasters. He has also spent much of the past decade… Continue reading
Jun 23 Is China’s Economic Progress in Trouble? By Elizabeth Shell Stephen Roach, of Morgan Stanley and now Yale and author of the book "The Next Asia," has long been among the most astute and independent of economic forecasters. He has also spent much of the past decade in the… Continue reading
Jun 22 Watch Is Your Pension Safe? States Struggle With Pricey Challenges As part of his continuing coverage of Making Sen$e of financial news, economics correspondent Paul Solman reports from Rhode Island on the struggles that states are facing over how to calculate investment returns for public pension funds to keep them… Continue watching
Jun 22 Can Investment Assumptions Worsen the State Pension Fund Crisis? By Diane Lincoln Estes Well, no. Investment assumptions themselves don't worsen the crisis, but as we explain in our story on Rhode Island on Wednesday's broadcast, decisions about pension fund investment assumptions can mean higher taxes, lower pensions and bitter politics. Why?… Continue reading
Jun 22 Can Investment Assumptions Worsen the State Pension Fund Crisis? By Elizabeth Shell By Diane Lincoln Estes Well, no. Investment assumptions themselves don't worsen the crisis but as we explain in our story on Rhode Island on Wednesday's broadcast, decisions about pension fund investment assumptions can mean higher taxes, lower pensions and bitter… Continue reading