Marketplace for Thursday, Feb. 5, 2009

Episode Description 
Marketplace for Thursday, Feb. 5, 2009

Subsidies give textiles a thread of hope

The U.S. textile industry was on the brink of collapse a few years ago when Chinese imports were flooding the market. But subsidies in the current Farm Bill have put the industry a cut above foreign competitors. Leoneda Inge reports.
Posted In: Retail

Did China cause the U.S. recession?

There is a lot of blame to go around for the U.S. recession. Some people are pointing their fingers at China. Bob Moon speaks with Marketplace reporter Scott Tong about why.

Low sales lead to a lift in liquidation

Consumer spending is down, leaving stores with a lot of unsold inventory. So retailers are unloading those items to companies that specialize in liquidating merchandise, and business for inventory cleaners is booming. Joel Rose reports.
Posted In: Retail

Cut mortgage rates to build economy

President Obama's stimulus package is full of lots of proposals to boost our economy. Commentator R. Glenn Hubbard says one cost-effective and easy way to lead us to recovery is lowering mortgage rates.
Posted In: Housing

Sen. Conrad: Stimulus is mixed bag

North Dakota's Democratic Sen. Kent Conrad says he's not satisfied with the current proposals in the stimulus package. Bob Moon talks with the Senate Budget Committee chairman about what he thinks it's missing.

Mr. Clean goes from kitchen to car wash

Mr. Clean is getting a second job. Procter & Gamble is planning to expand its Mr. Clean Car Wash franchise nationwide. But is it that a good idea in this recession? Mitchell Hartman reports.

Is the Dow a good market indicator?

The Dow Jones Industrial Average includes a number of companies whose stocks haven't exactly been stable -- Bank of America and General Motors to name a couple. With all that volatility, is it really an accurate representation of the overall market? Jeremy Hobson reports.
Posted In: Economy, Wall Street

Music from this show

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Drive
The Cars
Damaged Goods (Remastered Album Version)
Gang Of Four
Undone -- The Sweater Song
Weezer