Jun 22, 2010

Marketplace for Tuesday, June 22, 2010

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Marketplace for Tuesday, June 22, 2010

Segments From this episode

NY cigarette tax puffs up prices

Jun 22, 2010
The New York State legislature passed a bill that will increase taxes on cigarettes by $1.60. That could mean New Yorkers might pay upwards of $9 to puff. Cigarette taxes are an easy way to raise revenue, but Jeremy Hobson reports other states aren't racing to follow New York's lead.

U.K. aims to control deficit with big cuts

Jun 22, 2010
Britain's new government unveiled its first budget, and austerity was the main theme to put it mildly. It was the most draconian budget in the U.K. for three decades. The aim: to convince investors that the country is serious about getting its massive deficit under control. Stephen Beard reports.

China's only children carry family hope

Jun 22, 2010
Imagine a life with no siblings, cousins, aunts or uncles. For many children in China that's the reality almost 30 years after the country banned hundreds of millions of Chinese from having more than one child. Scott Tong takes a look at life as an only-child in urban China.

Letters: Hedge fund, BP, retail music

Jun 22, 2010
Kai Ryssdal reviews what listeners had to say about stories involving an Upright Citizens Brigade hedge fund manager skit, Britain's view on the BP oil spill, and shopping music.

Economic troubles lead to 'end of men'

Jun 22, 2010
Some of the few industries still hiring are dominated by women, while other industries classically staffed by men are slowly dying out. The Atlantic's Hanna Rosin talks with Kai Ryssdal about an article she wrote that discusses why men are getting squeezed out of the economy.

The problems with home mod. program

Jun 22, 2010
The Treasury Department's latest report says the Home Affordable Modification Program has only helped about 340,000 people get their loan payments reduced. And more than a third of the borrowers enrolled in the program have dropped out. Stacey Vanek-Smith reports.
Home Affordable Modification Program website for servicers
hmpadmin.com

A divide over sustaining global recovery

Jun 22, 2010
U.S. and Europe are at odds over how to steer the global economy. Europe, and much of the world, is sailing toward austerity. The U.S. wants more government spending. Nancy Marshall Genzer reports.

Music from the episode

Knuddelmaus Ulrich Schnauss
Love Is The Drug Roxy Music
Smoke Medeski, Martin & Wood