Jan 26 Watch News Wrap: House Passes Bill to Halt Public Financing for Presidential Campaigns In other news Wednesday, the GOP-led House passed a bill that would end public financing for presidential campaigns. Republicans said it would save $617 million over 10 years. Also, the Federal Reserve said it will maintain efforts to boost the… Continue watching
Dec 15 Why Doesn't the U.S. Just Print More Money, Rather Than Borrow? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Wednesday's query: Name: Bill Turner Question: Why does the U.S. borrow so much instead… Continue reading
Dec 15 Why Doesn't the U.S. Just Print More Money, Rather Than Borrow? By Elizabeth Shell Name: Bill Turner Question: Why does the U.S. borrow so much instead of printing as much money as we need? Paul Solman: Superb question. Two responses. Response 1: First, mightn't you borrow if you could get today's rate: a 30-year… Continue reading
Nov 17 Economics is Missing A Funny Bone | An Interview With 'Merle Hazard' By Elizabeth Shell The [Fed's announcement](http://www.pbs.org/newshour/rundown/2010/11/fed-slow-growth-disappointing-will-engage-in-second-round-of-quantitiative-easing.html) of another round of so-called "quantitative easing" (QE2) is much in the news. Basically, it's an announced commitment to create $600 billion dollars or more of new "Federal reserves" - i.e., U.S. dollars - and [pump them… Continue reading
Nov 11 American Debt and The Chinese Government: A Match Made in Purgatory? By Elizabeth Shell Editor's Note: The United States is in debt to the tune of $13.7 trillion. But for what, and to whom? Basically, the debt is the result of more spending that saving at every level, from individual households to businesses to… Continue reading
Nov 11 U.S. Debt and the Chinese Government: A Match Made in Purgatory? By Elizabeth Shell The United States is in debt to the tune of $13.7 trillion. But for what, and to whom? At its core, the debt is the result of more spending than saving at every level, from individual households to businesses… Continue reading
Nov 08 The Fed's $600 Billion Move: Monetary Debauchery? By Paul Solman Forgive me for not answering a question today, but for posting a note about the Fed. Its decision last week: to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter… Continue reading
Nov 08 The Fed's Latest Move: Monetary Debauchery? By Elizabeth Shell Forgive me for not answering a question today, but posting a note about the Fed. Its decision last week: to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a… Continue reading
Nov 05 Solman Answers Reader Questions on Latest Job Numbers By Paul Solman A flurry of questions today about the October job report from NewsHour's Facebook and Twitter. In response, a flurry of answers. ........................................................................................................................................... Janet Vetter: The economy added 150,000 jobs but the unemployment rate remained the same? What… Continue reading
Nov 05 October Job Numbers Raise Reader Questions By Elizabeth Shell A flurry of questions today about the October job report from NewsHour's Facebook and Twitter. In response, a flurry of answers. ........................................................................................................................................... Janet Vetter: The economy added 150,000 jobs but the unemployment rate remained the same? What is… Continue reading