Feb 09 Watch Obama Courts Public Support for Economic Stimulus Plan President Obama traveled to Indiana Monday and planned a primetime news conference to build support for the stimulus bill that is nearing a final Senate vote. Reporters examine the next steps for the stimulus plan. Continue watching
Feb 09 In a Finite World, Can We Really Have Infinite Growth? Question/Comment: Given we live in a finite world, how can economists explain the viability of an economic system which demands infinite growth? Paul Solman: They’d be hard-pressed, I guess. But not necessarily stumped. I can think of three responses. 1)… Continue reading
Feb 06 Senate Closes In on Deal for Stimulus Plan By Admin, PBS News Hour The Democratic-led U.S. Senate appeared to strike a deal Friday evening with key Republicans on a long-debated stimulus package to stem a deepening recession, news agencies report. Continue reading
Feb 06 Watch Shields and Brooks Mull Stimulus Debate, Obama's Next Policy Steps Columnists Mark Shields and David Brooks discuss the tough debate on Capitol Hill over the stimulus bill, the tax trouble that ended Tom Daschle's Cabinet nomination and how President Obama is faring so far. Continue watching
Feb 06 Watch Good Bank vs. Bad Bank: Segregating Toxic Assets Might Help U.S. Economy Rebound Business correspondent Paul Solman explores the problem of banks holding toxic assets and explains how the Swedes successfully emerged from a similar economic crisis by splitting banks into "good" and "bad" categories. Continue watching
Feb 06 Watch In Other News, Stocks Rise on Wall Street, Calif. Budget Crisis Deepens Despite a dismal jobs report, the market rose as the Senate began debating the economic stimulus bill. California closed most of its government offices today due to its worsening budget shortfalls, forcing more than 200,000 state workers to stay home… Continue watching
Feb 06 Watch Axelrod Reflects on Struggles Over Stimulus, Troubled Cabinet Bids White House Senior Adviser David Axelrod discusses President Barack Obama's stance in the struggle to pass a stimulus bill and reflects on errors made in how the Obama team has handled some of the nominations to top administration positions. Continue watching
Feb 06 Watch Gloomy Job Numbers Signal New Woes for Economy U.S. employers cut 598,000 jobs in January, bringing the unemployment rate to 7.6 percent, in another sign of the deepening recession. It was the worst one-month job loss since 1974. Continue watching
Feb 06 Employers Slash 598,000 Jobs in January By Admin, PBS News Hour U.S. employers shed 598,000 jobs in January, pushing the unemployment rate to 7.6 percent in the latest sign of how the nation's labor market is retracting under the weight of the recession. Continue reading
Feb 05 Watch Other News: Jobless Claims Rise; Ginsburg Hospitalized Jobless claims rose and Supreme Court Justice Ruth Bader Ginsburg underwent surgery after a diagnosis of pancreatic cancer. Jim Lehrer reports on these and other news developments of the day. Continue watching