Jul 30 Watch Will U.S. Auto Industry Manage to Survive Recession? On a day that President Obama touted his administration's efforts to save the U.S. auto industry, Judy Woodruff assesses the state of the industry with Micheline Maynard, senior editor of Changing Gears, a new public media project focusing on the… Continue watching
Jul 21 Watch News Wrap: Bernanke Promises to Bolster Recovery If Needed In other news Wednesday, Federal Reserve Chairman Ben Bernanke voiced concern about slow economic growth, saying the Fed would take action if needed to help the U.S. economic recovery along. Continue watching
Jul 16 China’s Economy Rebounds With Sizable Growth By PBS News Hour The Chinese government reported that the country's economy grew by 7.9 percent in the second quarter of this year, fueled by massive stimulus spending and more than $1 trillion in lending by state-run banks. Continue reading
Jun 24 In Case You Missed It: The Shape of the Recovery On last night’s NewsHour, Paul examined the debate raging over which shape the economic recovery might take. Some economists are predicting a V-shaped recovery — a steep period of decline followed by an equally steep period of growth. Others are… Continue reading
Jun 02 Geithner in China: How Is China Weathering the Economic Crisis? By Business Desk Question: How is China weathering the economic crisis? And does China want to remain the United States’ largest creditor? Paul Solman: With Treasury Secretary Tim Geithner in Beijing for the past few days, the financial world has been watching and… Continue reading
Mar 13 If China Is Worried About U.S. Debt, How Worried Should We Be? Question: China’s Premier Wen Jiabao said today he was “worried” about China’s $1 trillion investment in U.S. securities. So, should the United States be worried about his worry? Paul Solman: In response to any economic problem these days, I’m… Continue reading
Feb 18 At What Point Does Increasing Productivity Damage a Consumption-Based Economy? Question/Comment: At what point does increasing Productivity damage a consumption-based economy? Can this be discussed with respect to the recent historically high levels of productivity in “modern industrialized” economies with relatively inelastic labor pools? Paul Solman: Most economists will tell… Continue reading
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
Jan 09 In Case You Missed It: Economists Explain Why Hints of the Economic Crisis Eluded Them By Business Desk Paul Solman reports from San Francisco on a conference for economists and why hints of a recession were missed. // ]> // ]]>… Continue reading
Dec 19 What Needs to Happen For the Recession to Be Short? Question/Comment: I have heard guests on the NewsHour say that the recession will last into 2009 or 2010. What is it that is supposed to happen in this short time period that will result in happy days being here again?… Continue reading