In the other Washington, lawmakers are still trying to reach a deal to avoid the "fiscal cliff," a series of sharp tax increases and spending cuts taking effect January 1. House Speaker John Boehner and President Obama spoke on the phone yesterday, a day after the president offered to reduce his initial demand for $1.6 trillion in higher tax revenue over a decade to $1.4 trillion.
Obama wants much of the revenue to come from raising tax rates on the wealthy. House Speaker John Boehner has accused the White House of stalling the negotiations. Central to a final settlement is Washington’s senior senator, Patty Murray. Ross Reynolds speaks with Senator Patty Murray about the looming fiscal cliff.
Correction: This story has been corrected to show that of the 120,000 people who were cut off unemployment benefits before they found a job from summer to 2008 to November 2012, 70 percent have not yet found work.
A program Congress has extended 10 times over the last four years is expected to end this month. The emergency unemployment compensation program has been a safety net for 400,000 people in Washington since the summer of 2008. Four years later 70 percent of people who were cut off from benefits before they found work are still looking. That's about 84,000 people.
Jeff Rubin was a high-flying economist at a major Canadian investment bank, until he decided to write a book about how high oil prices were going to flatten the global economy. Ross Reynolds talks Jeff Rubin about the steadily mounting demand for cheap oil in a world of dwindling supply.
Up to one-third of working adults in the United States are independent contractors. Do you have what it takes to make it on your own? Freelancers Union founder Sara Horowitz joins us to talk about how independent workers are changing the national job landscape and what you need to know before joining the ranks of the self-employed.
There is bipartisan consensus that unleashing America's entrepreneurial potential is vital to reviving the economy. Yet, there are many challenges facing today’s entrepreneur, from local regulatory and tax burdens to federal visa restrictions. Explore the topic in depth in the first part of a new America Abroad series: American Entrepreneurship in a Global Economy.
Vancouver Sun columnist Vaughn Palmer explores how Washington state's election results would effect British Columbia and Canada, Robert Horton talks scary movies, and Michael Parks reviews the latest economic numbers.
HOQUIAM, Wash. – Nearly 300,000 people in Washington are still unemployed and looking for work. But there was reason to celebrate Monday in coastal Grays Harbor County – where the unemployment rate is tied for the highest in the state. A shuttered paper mill there recently roared back to life. With it came 175 jobs.
It was a party atmosphere inside the long, narrow shipping warehouse at Harbor Paper. Several hundred people milled about as dignitaries, including Governor Chris Gregoire, mounted a makeshift stage.
Vancouver Sun political correspondent Vaughn Palmer brings us the news from Canada, we look at what’s happening at the movies with film critic Robert Horton, and The Seattle Times columnist Jon Talton reviews the latest economic news.
New York Times columnist Paul Krugman explains why he believes we are in a depression and how a massive government investment could get us out of it. Ross Reynolds interviewed Paul Krugman in front of a live studio audience, May 24, 2012.