Marketplace for Wednesday, February 13, 2013
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Ten states raised their minimum wage this year. Now, President Obama wants to increase it nationwide. Commentator Robert Reich says the federal government needs to separate investments in the economy from discretionary spending. Meanwhile, the European Union and the U.S. plan to work on what would be a gigantic trade agreement, but an equally large cultural clash threatens to quickly dash hopes of a deal. Intel says it will sell TVs directly to consumers this year. We hear about a program in Chicago giving out rent vouchers so people can move into neighborhoods with better economic opportunities. And The New York Times' David Leonhardt talks about his new e-book, the economy and the president's State of the Union address.
Posted In: State of the Union, European Union, trade
The trade deal between the U.S. and the European Union mentioned in President Obama's State of the Union speech could be profitable for both parties. It may be hard to achieve because of differences in outlook.
Posted In: State of the Union
See if you can tell which piece of tape was from President Obama's State of the Union this year, and which one was from last year.
Posted In: State of the Union, Economy
The New York Times Washington bureau chief talks about the choices we have to make with respect to our debt and the national deficit.
Posted In: minimum wage, State of the Union, restaurants, Small Business
President Obama proposed a minimum wage increase to help the lowest-paid workers. Opponents say businesses will just eliminate jobs. We go to a restaurant to talk to an employee and employer.