09/12/11
Marketplace Morning Report for Monday, September 12, 2011
Episode Description:
Marketplace Morning Report for Monday, September 12, 2011
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Obama jobs plan overlooks related housing crisis
The jobs plan Obama is trying to push through Congress addresses the huge unemployment problem in the U.S. today. But jobs are intimately tied to housing, and the plan overlooks that ongoing crisis.
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Greece may be forced to leave euro zone due to debt crisis
Greece is coming under tougher pressure to adopt austerity measures and deal with their public debt. If not, they could be forced out of the euro zone and off the euro currency.
2
Does Greece await the fate of Lehman Brothers?
The situation in Greece has been rapidly deteriorating, and the government's austerity measures are sparking ongoing conflict. Now analysts fear that Greece could be the next Lehman Brothers.
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Scotch whisky exports up 22 percent from 2010
Despite the global recession, Scotch whisky exports to the rest of the world were worth more than $2.8 billion in the first half of the year. But it might not be because of financial woes that more people are drinking up.
8
Politics, not economics to blame for poor U.S. financial state
The banking crisis, housing bubble and other financial meltdowns have caused our economy to spiral downward. But Fortune Magazine's Allan Sloan says it's the political acrimony now that's dragging down the economy.
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Economist: We haven't seen a situation like this since WWII
Are things really as bad as so many people are saying? We speak to Nobel Prize-winning economist Peter Diamond about bipartisanship, housing, and when a recovery could come.
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How the Greek debt crisis can hurt hiring in the U.S.
In a global economy, the Greek crisis will affect the far reaches of business and finance, including the U.S. job market.
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HARP falls short of expectations for mortgage refinancing
In 2009, the Home Affordable Refinance Program was put into action to allow around 5 million homeowners to refinance. Now, only a fraction of those have been helped and the program is falling below expectations.
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With Greece in trouble yet again, the euro loses value
Greece's financial troubles have left the euro zone shaky for months now. But are we prepared for the worst case scenario?
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President's job training program has model
The president's national job training program takes a page from one underway in Georgia. But is Georgia's model easily scalable?
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