90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
The Economy In 2013

The US economy in 2013. We’ll look at the bright spots, red flags and big trends for the year ahead.

Traders wear "2013" glasses as they work on the floor at the New York Stock Exchange in New York. (AP)

Traders wear “2013” glasses as they work on the floor at the New York Stock Exchange in New York. (AP)

Americans have been waiting a long time now for better economic times to really hit.  Could 2013 be the year?

We’re in it.  We’ve got a fiscal cliff deal – sort of, by the skin of our teeth.  American business is sitting on a huge pile of money it could invest.  Housing seems to be firming up.  Interest rates and inflation remain low.  Maybe this is economic take-off time.

On the other hand, we’ve got no deal on spending yet.  We’ve got more cliffs ahead.  We’ve got an aging workforce.  We’ve got issues.

This hour, On Point:  Happy New Year!  We’re looking at jobs, your money, and the US economy, 2013.

-Tom Ashbrook

Guests

Rob Arnott, founder and chairman of Research Affiliates.

Diane Swonk, chief economist at Mesirow Financial.

From Tom’s Reading List

The Financial Times “Global markets weathered some huge uncertainties in 2012, of which the biggest were the intensification of the eurozone sovereign debt crisis, doubts over the outlook for the Chinese economy, and worries about the US fiscal cliff. What might 2013 bring?”

National Journal “Moody’s chief economist Mark Zandi cites three reasons to be bullish about the U.S. economy: a housing revival, the end of deleveraging, and a healthy corporate sector that will be ready to invest in 2013. CFR’s A. Michael Spence also thinks that 2013 augurs better for the world economy but cautions that lagging employment and income inequality will hamper a robust recovery.”

Bloomberg Businessweek “It’s that time of year again: Experts of all kinds are coming out of the woodwork to offer up forecasts and predictions for the year ahead. It can be amusing, but this is not the most productive way to think about the future.”

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 20, 2014
A shot from the AMC reality series, "Freakshow." (Jessica Brooks / AMC)

From TV to Broadway, circus sideshows — freak shows — are having a big cultural moment. What’s the history behind the comeback?

 
Nov 20, 2014
In this file photo, Hillsborough Sheriff deputy patrols outside the gate of JP Morgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. JP Morgan is one of several large financial institutions currently under investigation for alleged violation of Federal bankruptcy laws. (AP)

You’re supposed to have a clean slate after bankruptcy. But that’s not always true. We’ll ask what’s going on.

On Point Blog
On Point Blog
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
 
Our Week In The Web: November 14, 2014
Friday, Nov 14, 2014

On why we tweet, what we like and a Miley Cyrus and “Serial” theme song mashup you never knew you needed.

More »
Comment
 
Guest Post: U.S.-China Climate Deal is an Important Step In Long Road Ahead
Wednesday, Nov 12, 2014

After a landmark agreement between the US and China on climate change policy and clean energy development, a recent On Point guest reflects on what’s important in this new deal.

More »
Comment