Jan 28 How effective have stimulus packages been in the past? Question/Comment: How effective have past stimulus packages been at achieving their objectives and their impact against the estimated consequence of taking no active stimulating role? Paul Solman: Depends what you mean by “achieving their objectives.” Last time around, people spent… Continue reading
Jan 23 I always hear about the Chinese keeping their currency at an artificial rate to help exports. Where would the cost of doing that show up? Question/Comment: I always hear about the Chinese keeping their currency at an artificial rate to help exports, but I know from trying to hold a lid on a boiling pot that the pressure is going to come out somewhere. If… Continue reading
Jan 17 Watch Amid Economic Woes, Push Intensifies for Stimulus Package President Bush spoke with congressional leaders Thursday about an economic rescue package as Fed chief Ben Bernanke testified on Capitol Hill that it is "critically important" that a stimulus effort take effect quickly. Members of the House budget panel detail… Continue watching
Jan 17 Quick Implementation Best for Economic Boost, Fed Chair Says By Admin, PBS News Hour Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is "critically important" that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples' hands as soon as possible. Continue reading
Jan 17 Could you explain to us novices what long term effects will the subprime lending debacle have on our economy? Questions/Comment: Could you explain to us novices what long term effects will the subprime lending debacle have on our economy? What remedial measures need to be taken by the government and investors to limit the damage? Finally, which branch of… Continue reading
Jan 04 President Weighs Economic Options As Unemployment Tops 2 Year High By Admin, PBS News Hour President Bush met with economic advisers Friday to consider possible stimulus packages, as the Labor Department announced that low hiring in December pushed the U.S. unemployment rate to 5 percent, a two-year high. Continue reading
Dec 12 With so many consultants and service providers who essentially fly for a living, what is the trade off between efficiency and superior talent pool sourcing? Question/Comment: I just saw your story on the Nov. 29 NewsHour and was curious about the short supply chain advantage in terms of services vs. manufacturing. With so many consultants and service providers who essentially fly for a living, what… Continue reading
Dec 04 Watch Basics of U.S. Economy Are Strong, Bush Says President Bush tried to quell concerns over the recent housing slump and credit crunch Tuesday, saying "The basics in the economy are good." Two former treasury secretaries examine the state of the economy and whether the U.S. is facing a… Continue watching
Nov 29 White House Lowers Economic Outlook for 2008 By Admin, PBS News Hour U.S. economic news hit a downbeat note Thursday as the White House lowered its outlook for 2008 and a mortgage research company announced that last month's foreclosure filings nearly doubled those in October 2006. Continue reading
Nov 01 Chrysler to Slash Up to 12,000 Jobs By Admin, PBS News Hour Chrysler LLC announced Thursday it plans to cut up to 12,000 jobs as part of the automaker's ongoing effort to reduce costs and adjust to slowing demand for some of its vehicles. Continue reading