economy

State Of US Economy
12:49 pm
Fri June 21, 2013

It’s The Economy, Stupid!

As the quote by President Bill Clinton goes, one of the highest priorities on everyone's mind is the state of the economy. The International Monetary Fund released its most recent report on the state of the US economy this week. And the Fed says it will start rolling back its stimulus plan soon. So, what does this mean for US economic recovery? Felix Salmon is a financial reporter for Reuters. He explains the latest in economic news.

Economic Inequality
11:59 am
Tue May 28, 2013

Are The Rich Undeserving?

Leslie McCall's book "Undeserving Rich."

 Do Americans feel that the proper measures are in place to deal with economic inequality in the United States? Ross Reynolds sits down with author Leslie McCall for a conversation about economics in America and her new book, "The Undeserving Rich: American Beliefs About Inequality, Opportunity, And Redistribution."

Seattle Budget Surplus
7:15 am
Tue April 23, 2013

Good News Seattle, City Budget Back In The Black

Seattle's skyline
Flickr Photo/bryce_edwards

Budget officials in the city of Seattle delivered some good news yesterday. For the first time since the financial crisis, the city is forecasting a budget surplus.

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Politics and Government
10:00 am
Mon April 22, 2013

News From Olympia, David Stockman, Covering Breaking News

Washington state capitol.
Credit Flickr Photo/Alan Cordova

This Week In Olympia
The legislative session is almost over but lots of issues remain unresolved. Education funding is still up in the air, so is an agreement on a balanced budget.  Jerry Cornfield, reporter and political columnist for the Everett Herald is waiting for answers along with the rest of us.
 

David Stockman Takes The American Economy To The Woodshed
In 1985,  federal budget Director David Stockman was sharply rebuked by his boss, Ronald Reagan, for saying the president’s tax programs were trickle-down programs to help the rich. These days, author David Stockman is taking Ben Bernanke, Wall Street Banks and the Obama administration to the woodshed for printing money, running deficits and leaving the gold standard.
 

The Media’s Boston Bomber Frenzy
CNN went on the air with misinformation about the imminent arrest of suspects in the Boston Marathon bombings. The front page of the New York Post identified the wrong men as suspects. Should audiences have any expectations for factual reporting during these fast moving stories? 

Currency
8:00 pm
Thu April 18, 2013

Rethinking The Idea Of Money

Rethinking money.
Credit Flickr Photos/Kevin Dooley

In the book "Rethinking Money," economist Bernard Lietaer and journalist Jacqui Dunne trace the beginnings of our monetary system, including its serious problems and hope for the future.

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News & Analysis
10:00 am
Wed April 17, 2013

Canada, Culture And Commerce

Canadian flag.
Credit Flickr Photo/Arlo Bates

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. Film critic Robert Horton reviews what's happening on the silver screen. Then, Michael Parks wraps up the region's recent economic news.

Economic Lessons
8:00 pm
Thu April 11, 2013

Economic Wisdom The Developing World Can Teach The Developed World

Economist and author Peter Blair Henry.
Credit Courtesy/NYU

A handful of third-world countries have turned themselves around from numerous hardships in the past 30 years: China rose from seemingly hopeless poverty, Mexico bounced back from the Third World Debt Crisis, Brazil overcame hyperinflation. 

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Savings Accounts
12:00 pm
Wed April 3, 2013

Living Off The Banking Grid

It’s estimated that about 8.2 percent of US households don’t use bank accounts. Not only that — 20.1 percent of households are considered “underbanked,” meaning they use bank accounts but still opt for payday loans, check-cashing services and other alternatives. This is according to a recent survey by the Federal Deposit Insurance Corporation.

So why aren’t people using banks? Ross Reynolds talks to some of the un- and underbanked.

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Economy
10:00 am
Wed April 3, 2013

Canada, Culture And Commerce

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. Everett Herald film critic Robert Horton contemplates "Room 237," a look at the theories about the hidden meaning of Stanley Kubrick's "The Shining." Plus, Seattle Times columnist Jon Talton considers a Puget Sound economy without Boeing and the lessons of the canceled Lake Union Fourth of July fireworks.

Four-Hour Commute
6:48 pm
Thu March 28, 2013

Pierce Transit Cuts Raise Concerns For Blind Rider

Buddy Yates and his guide dog Palmer wait for the bus.
KUOW Photo/Derek Wang

It’s 3:00 p.m. on a recent workday, and Buddy Yates sets off on the first leg of his long commute home. He and his guide dog, Palmer, step through the fast-food containers that litter the street on the way to Rainier Avenue South where he will catch his first bus.

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Urban Development
9:00 am
Mon March 25, 2013

The Creative Class: Dismissed?

The Theater District in downtown Tacoma.
Credit Flickr Photo/Scott Hingst

More than a decade ago, Richard Florida’s best-selling book, “The Rise of the Creative Class,” was a cultural phenomenon. Florida argued that young, educated, single folks would reinvent American cities. Today, Florida's critics say the wealth of the creative class hasn't trickled down to the working class. What’s the evidence? Some places, like Tacoma, used Richard Florida’s ideas as a blueprint for reinventing their downtown areas. What was the outcome? We’ll explore these ideas with journalist and geographer Joel Kotkin and Tacoma arts administrator Amy McBride.

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Aviation Workforce Reduction
4:44 pm
Fri March 22, 2013

Boeing Machinists Optimistic Despite Layoffs

A Boeing 747-8 being readied for its first flight at Paine Field in Everett, Washington..
Flickr Photo/Chuck Taylor

Boeing has announced it will lay off 800 machinists in the Puget Sound area this year. The company says workforce needs on two of its newest jet programs have been reduced.

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Tax Subsidies
11:55 am
Thu March 21, 2013

Is It Time To End Oil Subsidies?

Professor Steve Horwitz speaking at the 2013 International Students for Liberty Conference in Washington, D.C.
Flickr Photo/Gage Skidmore

While policymakers debate the government’s budget, the Brookings Institute, a private nonprofit research organization, decided to host their own brainstorming session. They asked experts from all different fields to submit ideas for responsible deficit reduction.

One expert, Harvard professor Joseph Aldy, drafted a proposal eliminating oil and gas tax subsidies. A move Aldy estimates would save the US government $41 billion over 10 years.

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Fruits Of Undocumented Labor
5:15 pm
Tue March 19, 2013

Northwest Town Rides Ups And Downs Of "Broken" Immigration System

Jessica Robinson Northwest News Network

Originally published on Wed March 20, 2013 10:57 am

BREWSTER, Wash. - There's one word that politicians almost always use when they talk about the U.S. immigration system. That word is “broken.” But what does that really mean? Residents of the small town of Brewster, Wash., know. For decades, immigrants have come from Mexico, often illegally, to work the surrounding apple and cherry orchards. Bewster, it turns out, is a microcosm of how the immigration debate is playing out.

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Economics
10:00 am
Tue March 19, 2013

The Power Of Emerging Economies

Emerging economies utilize global transport to move goods and stimulate exports. This particular ship is leaving Vancouver, Canada, passing under the Lion's Gate Bridge.
Credit Flickr Photo/Evan Leeson

In 2010, emerging economies accounted for almost 40 percent of the world's gross domestic product — twice as much as they did in 1990. Today, one in four Fortune 500 firms comes from emerging markets. How far can growth carry nations out of poverty and toward a strong economic foundation? We hear what the economic successes of developing countries can teach the developed world from Peter Blair Henry of NYU’s Stern School of Business.

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