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When does the deficit start to matter?
Oct 16, 2018

When does the deficit start to matter?

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Corporate tax cuts from earlier this year have helped drive up the deficit, and lawmakers are debating ways to pay it down. We'll look at how the deficit works and how politicians like to use it. Then, the U.S. posted more than 7 million jobs in August. Why are so many of them in transportation? Plus, 10 years after the financial crisis, Americans are still less likely to own a home than before the crash. We'll look at what's keeping them out of the market.

Segments From this episode

How much U.S. debt is too much?

Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images

How much U.S. debt is too much?

Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images

Labor Department figures show robust jobs market

Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]

Labor Department figures show robust jobs market

Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]

Corporate tax cuts from earlier this year have helped drive up the deficit, and lawmakers are debating ways to pay it down. We’ll look at how the deficit works and how politicians like to use it. Then, the U.S. posted more than 7 million jobs in August. Why are so many of them in transportation? Plus, 10 years after the financial crisis, Americans are still less likely to own a home than before the crash. We’ll look at what’s keeping them out of the market.

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