Feb 24

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Paying For Public Pensions

Editor's Note: As the fire over collective bargaining and public worker benefits burns across the country, on Thursday's broadcast we're looking at perhaps the issue behind it all: public pensions and how to pay for them. Our story takes place…

The specter of Euro-debt default is again roiling the markets. "Worries Over Europe Pose Risks for Euro," read a headline in Monday's Wall Street Journal. "Spain Pegs Cajas' Possible Problem Debt," warned another. (Cajas are the regional Spanish…

Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and AIG had underwritten a large number of credit default swaps (that I understand pay up if a certain percentage of mortgages in a portfolio go into foreclosure), then…

Jan 20

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In its heyday it boasted nearly two million people; the world's premier industry (autos); the world's most popular music (Motown); and perhaps the country's most prosperous black middle class. But Detroit's population is down 50 percent; so are wages in…

Unemployment rose little in November, with the official rate edging up slightly from 9.6 percent to 9.8 percent. The government's broadest measure of unemployment stayed steady at 17 percent. This figure includes the unemployed plus all who are only marginally…

Nov 30

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Today's Tool$ Tuesday is another look at how the tax cuts might be implemented. This Bush Tax Cut tool comes by way of the Tax Policy Center, a much-appreciated think tank in today's hyper-polarized environment.

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