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The Conversation

Mortgage Relief, and Layoffs or Pay Cuts?

02/18/2009 at 12:00 p.m.

Obama Mortgage Relief Plan

President Obama announces a $75 billion mortgage relief plan. What will it mean to you? Will the relief plan stabilize housing prices?

Layoffs or Pay Cuts?

City Council member Nick Licata told the Seattle Times that in the face of a $20 to $30 million budget shortfall, furloughs and hiring freezes won't be enough to balance the budget. Have you ever been asked to take a pay cut? How's your employer handling the financial crunch? What should the boss do? Layoff the unproductive employees or have everyone work fewer hours?

Bus Cuts and Tracking Your Next Ride

Metro service could be cut by 20 percent. We talk to King County Metro. And a new tool to help you catch the next bus.

Guest(s)

Jane Bryant Quinn is a personal finance expert, Newsweek columnist and the author of "Smart and Simple Financial Strategies for Busy People."

Ben Moore is managing director at Seattle Repertory Theater.

Kevin Desmond is general manager of King County Metro.

Brian Ferris is a graduate student in the Computer Science Department at the University of Washington.

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11.20.09

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