90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
The Economic Handoff
In this Jan. 5, 2009 file photo, Treasury Secretary-designate Timothy Geithner looks on at left as President-elect Barack Obama meets with members of his economic team at his transition office in Washington. Geithner, President-elect Barack Obama's choice to run the Treasury Department and lead the economic rescue effort disclosed to senators Tuesday that he failed to pay $34,000 in taxes from 2001 to 2004, a last-minute complication in an otherwise smooth path to confirmation. (AP)

Treasury Secretary-designate Timothy Geithner looks on, at left, as President-elect Barack Obama meets with members of his economic team at his transition office in Washington on Jan. 5, 2009. (AP)

First it was the banks and Wall Street in crisis. Then, the whole economy. Now it’s the bailout itself in the hot seat.

Nevermind the nail-biter over TARP funds, and the billions that seemed to disappear into the gullet of the banking world. In the high-wire economic handoff from Bush to Obama, the near trillion-dollar stimulus package itself is being buffeted from all sides. It’s too big. It’s too small. Too fast. Too slow.

It’s not easy pulling out of the dive we’re in.

This hour, On Point: What Bush leaves Obama. The high-wire handoff — and rescuing the bailout.

You can join the conversation. What are you expecting from team Obama?

Guest:

Joining us in our studio is Linda Bilmes, lecturer in public finance at Harvard’s Kennedy School of Government. Former assistant secretary and chief financial officer at the U.S. Commerce Department, she is co-author, with Joseph Stiglitz, of “The $3 Trillion War: The True Cost of the Iraq Conflict.”  Her new article with Stiglitz, “The $10 Trillion Hangover: Paying the price for eight years of Bush” (subscription required), is on the cover of the January issue of Harper’s magazine.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Mar 26, 2015
In this file photo, protesters sit at the intersection of Wall St. and Broad St. in New York, Monday, Sept. 22, 2014. The protesters, many who were affiliated with Occupy Wall Street, were trying to draw attention to the connection between capitalism and environmental destruction. (AP)

In our age of hyper-inequality, historian Steve Fraser asks when the little guy stands up and says “enough.” He’s with us.

Mar 26, 2015
A child walks through a forest landscape. (Rudolf Vlček / Flickr)

American kids today spend only four to seven minutes a day playing outdoors. We hear a new call to raise the “wild child.”

RECENT
SHOWS
Mar 25, 2015
This June 11, 2014 file photo shows Facebook's "like" symbol at the entrance to the company's campus in Menlo Park, Calif. Facebook users in the U.S. will soon be able to send their friends money using the social network’s Messenger app, the company announced Tuesday, March 17, 2015. (AP)

“Tap and pay”: mobile money, peer-to-peer, all over now. SnapChat, Venmo, now Facebook Messenger. We’ll look at security and the new anthropology of digital money.

 
Mar 25, 2015
In this file photo, Chinese President Xi Jinping, center, shows the way to the guests who attended the signing ceremony of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing Friday, Oct. 24, 2014. (AP)

Is America now its own worst enemy? Blowing a future that should be good? Harvard’s Joseph Nye and the New Yorker’s John Cassidy join us.

On Point Blog
On Point Blog
Mobile Payments Offer Convenience If You Keep Your Email Safe
Thursday, Mar 26, 2015

Thinking about moving your wallet to your phone? You can! And maybe you should? But TechCrunch senior writer Josh Constine has a few things to tell you before you do.

More »
Comment
 
Using Technology To Get Your Kids Outside
Thursday, Mar 26, 2015

The latest and greatest — using apps to make natural exploration more fun for your kids.

More »
Comment
 
Week In The Web: March 20, 2015
Friday, Mar 20, 2015

The emailed comments question continues to haunt us, we shake off / salute our haters and CNN Politics spends way too much time on FinalCut (in a good way!).

More »
Comment