Marketplace for Wednesday, January 8, 2014
Jan 8, 2014

Marketplace for Wednesday, January 8, 2014

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Today, on the the fifty-year anniversary of Lyndon B. Johnson’s State of the Union address, in which he issued a call to arms against poverty, we look at the fierce debate, not only over whether the U.S. has won or lost the war on poverty, but whether the country as a whole is gaining ground or retreating. Also, this week marks the 50th anniversary of a report by the Surgeon General on the health effects of smoking, linking it to lung cancer and heart disease. We hear about the impact the report had on one of the biggest industries in the nation. And, the National Federation of Independent Business said small business owners added more jobs per firm last month than they have in eight years. Even so, there are more Americans unemployed now than at any time since World War II, while Congress is debating whether to extend benefits for the long-term unemployed.

Segments From this episode

Prospects bleak for long-term unemployed

Jan 8, 2014
As Congress considers extending federal benefits, the long-term unemployed find it harder to find a job with every day they're out of the workforce.

American presidents and the rhetoric of poverty

Jan 8, 2014
January 8, 2014, marks fifty years since President Lyndon B. Johnson declared war on poverty in America.

Man, this book is depressing

Jan 8, 2014
Researchers in the UK come up with a literary misery index that corresponds with economic downturns.

FTC cracks down on weight-loss products

Jan 8, 2014
The Washington Post’s Lydia DePillis explains the deceptive advertising around weight-loss drugs.

Barnes and Noble hopes to turn the page on falling sales

Jan 8, 2014
Between competition from Amazon, and the less-than-tremendous success of its Nook, Barnes and Noble is in a tough spot.

We've come a long way, baby

Jan 8, 2014
50 years ago this week, the Surgeon General of the United States issued a report that linked smoking to lung cancer. A look at how that affected the industry and where we are now.
A woman smokes a cigarette in the pedestrian plaza located in Times Square May 23, 2011 in New York City.
Daniel Barry/Getty Images

Beef prices surge as cold weather rolls in

Jan 8, 2014
A Missouri cattle farmer tells us why.

Velveeta shortage?!?

Jan 8, 2014
Bloomberg's Venessa Wong talks about how supplies of the famous cheese are melting away just before the nation's busiest dip season.

Today, on the the fifty-year anniversary of Lyndon B. Johnson’s State of the Union address, in which he issued a call to arms against poverty, we look at the fierce debate, not only over whether the U.S. has won or lost the war on poverty, but whether the country as a whole is gaining ground or retreating. Also, this week marks the 50th anniversary of a report by the Surgeon General on the health effects of smoking, linking it to lung cancer and heart disease. We hear about the impact the report had on one of the biggest industries in the nation. And, the National Federation of Independent Business said small business owners added more jobs per firm last month than they have in eight years. Even so, there are more Americans unemployed now than at any time since World War II, while Congress is debating whether to extend benefits for the long-term unemployed.

Music from the episode

Black & Blue Miike Snow
Cirrus Bonobo
God Made the World Cold Cave
God Made the World Cold Cave