Millions of Americans wake up each morning without a job, even though they desperately want to work. It's one of the depressing legacies of the financial crisis and Great Recession.
NPR and the Kaiser Family Foundation conducted a poll of people who had been unemployed or with an insufficient level of work for more than a year. The results document the financial, emotional and physical effects of long-term unemployment and underemployment.
Dear EarthTalk: Is it true that gas furnaces cost less to run and burn cleaner than their oil counterparts? If I make the switch, how long should I expect it to take for me to pay back my initial investment? And are there any greener options I should consider? -- Veronica Austin, Boston, MA
"By 2008, the United States had become the biggest international borrower in world history, with two-thirds of its $6 trillion federal debt in foreign hands" points out Jeffry Frieden, co-author of a new book called Lost Decades: The Making of America's Debt Crisis. International borrowing has been a long-standing economic tradition -- we even funded the American Revolution this way. But, Frieden points out, more recent borrowing is massive compared to the past and encouraged debt-fueled consumption rather than sound investments.
Recently, we told you about a gas station in the border town of Methuen, Massachusetts. According to Massachusetts State Lottery Executive Director Paul Sternburg, it’s on track to do $13 million this year in lottery revenues. When we spoke with Ted’s Mobil owner Tony Amico, he estimated at least half his customers are from New Hampshire. And StateImpact’s unscientific survey of license plates in the gas station parking lot bore t
The Bi-Partisan Congressional Super-committee failed last week to reach a deficit reduction agreement. That means automatic spending cuts kick in, in twenty thirteen…and President Obama says he’ll veto any attempt avoid those. We talk with two economists about what this all means…and about the rocky political and economic roads ahead.