90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Deflation Fears: U.S. as Japan?

High unemployment and low consumer confidence. Is the U.S. looking at a Japan-style meltdown?

Left: Shoppers look around at a drugstore in Tokyo, 2010. Right: A liquor store in New Hope Pa., 2010. (AP Photos)

Big losses on Wall Street yesterday, and tough economic news all over. U.S. exports, down. Home foreclosures, up. 

U.S. economic growth is drifting down and down. The Fed may be running out of levers to pull. The “we’re coming back” theme of a few months ago is giving way to new fear of economic stumbling and tumbling.  And never mind inflation for the moment. 

Some savvy economists and investors are worried about deflation – prices and wages going down. 

Guests:

David Wessel, economics editor at the Wall Street Journal.

Frederic Mishkin, professor of banking and financial institutions at Columbia’s Graduate School of Business. From 2006 to 2008, he was a member of the Board of Governors for the Federal Reserve System.

David Resler, chief U.S. economist at tbe Nomura Group, a global investment firm founded in Japan.

Dave Scott, chief investment officer at Sunrise Advisors, a financial planning and asset management firm based in Leawood, Kansas.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Nov 21, 2014
President Barack Obama announces executive actions on immigration during a nationally televised address from the White House in Washington, Thursday, Nov. 20, 2014.  (AP)

The president throws down the gauntlet on immigration. Bloodshed and new tensions in Israel. Keystone fails. Our weekly news roundtable goes behind the headlines.

Nov 21, 2014
Laura Ingalls Wilder, an American  writer and novelist, at age 27. Her "Little House" series is a beloved semi-autobiographical take on her childhood in the Western American plains. (South Dakota State Historical Society )

A big new look at the legacy of Laura Ingalls Wilder and the woman behind the Little House.

RECENT
SHOWS
Nov 21, 2014
Laura Ingalls Wilder, an American  writer and novelist, at age 27. Her "Little House" series is a beloved semi-autobiographical take on her childhood in the Western American plains. (South Dakota State Historical Society )

A big new look at the legacy of Laura Ingalls Wilder and the woman behind the Little House.

 
Nov 21, 2014
President Barack Obama announces executive actions on immigration during a nationally televised address from the White House in Washington, Thursday, Nov. 20, 2014.  (AP)

The president throws down the gauntlet on immigration. Bloodshed and new tensions in Israel. Keystone fails. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
The Explicast, Episode Six: What Does A White House Press Correspondent Do?
Friday, Nov 21, 2014

We turn to White House Press Correspondents all the time for news, but we’ve never really wondered how they gather their information. Fortunately, our guest host Jessica Yellin had time to sit down with The Explicast to explain.

More »
Comment
 
Our Week In The Web: November 21, 2014
Friday, Nov 21, 2014

We offer a panel of hand-drawn digital sheep, and wonder how to best lead the rest of you to programs that matter.

More »
2 Comments
 
The Explicast, Episode Five: What Is Net Neutrality?
Friday, Nov 14, 2014

The Explicast dives into tech policy territory with a quick look at the real meaning of a complicated bit of tech policy known as ‘Net Neutrality.’

More »
2 Comments