Originally published on Thu November 15, 2012 7:07 am
Republicans claim President Obama's plan to raise taxes on the wealthy will cost the economy 700,000 jobs. Another study from the Congressional Budget Office puts the number of lost jobs as 200,000. But both studies also assume millions of new jobs will be created.
When President Obama sets off to Asia this weekend to highlight his so-called pivot to the region, he will make a bit of history: Obama will become the first sitting U.S. president to visit Myanmar.
The country, also known as Burma, was a pariah state for decades, ruled by a ruthless military dictatorship. That is changing, and the Obama administration has encouraged a dramatic reform process in the country. But it may be too early for a victory lap.
Prices change; that's fundamental to how economies work.
And yet: In 1886, a bottle of Coke cost a nickel. It was also a nickel in 1900, 1915 and 1930. In fact, 70 years after the first Coke was sold, you could still buy a bottle for a nickel.
Three wars, the Great Depression, hundreds of competitors — none of it made any difference for the price of Coke. Why not?
Though new Chinese leader Xi Jinping "didn't once mention Marxism or Mao Zedong" today as he stepped into his new role, the make-up of the "gang of seven" that he now heads "will disappoint those hoping for sweeping reform," NPR's Louisa Lim reports from Beijing.
New England Compounding Center co-owner Barry Cadden went to Capitol Hill for a congressional hearing Wednesday on the fungal meningitis outbreak. Choosing to take the Fifth Amendment, Cadden did not testify.
Members of a House subcommittee clashed repeatedly Wednesday with U.S. Food and Drug Commissioner Margaret Hamburg over the outbreak of meningitis caused by contaminated steroid injections.
Two new studies and a proposed class-action lawsuit settlement all have the potential to change dollar signs as lawmakers address the impending fiscal cliff.
A liberal think-tank closely allied with the Obama administration is proposing a health care spending plan it says could save hundreds of billions of dollars in entitlement spending without hurting middle- and low-income patients.
Originally published on Wed November 14, 2012 6:49 pm
A president just re-elected has arguably the most political capital he's likely to have during his entire second term.
And President Obama clearly has some capital, though he didn't overtly refer to it or vow to "spend it," as his predecessor George W. Bush famously said upon his 2004 re-election.
Pharmacy and medical services stores closed in Coney Island.
Credit Reema Khrais / NPR
Michael Liburd was waiting for essential medical supplies to arrive when Hurricane Sandy hit. Now, the delivery company can't find them. He says he's afraid he'll have to go to the hospital if he doesn't get them soon.
In Coney Island, on the southern end of Brooklyn, long lines of EMS trucks and buses of National Guardsmen rolled down the roads this week — trekking from residential building to building.
Since Friday, dozens of troops and officials from the City Health Department have been dropping in at the hardest hit areas of New York, making sure all residents are equipped with the essentials: Do they have food? Water? Do they need medical attention?
New York Gov. Andrew Cuomo meets Nov. 10 with residents of the Far Rockaways section of Queens, which was hit hard by Hurricane Sandy. Cuomo is seeking $30 billion in federal assistance to help rebuild his state at a time when Congress is already consumed with reducing the deficit.
Political leaders from the Mid-Atlantic and Northeast have not been shy about their intent to seek as much federal funding as possible for their storm-struck states. Damages and lost economic activity as a result of Hurricane Sandy have been estimated as high as $50 billion.
Gov. Andrew Cuomo, D-N.Y., wants $30 billion in federal assistance to help rebuild his state. This request, and others, come at a time when Congress is already consumed with reducing the deficit.
Think Mom's same old Thanksgiving mashed potatoes are boring? Jejune? Predictable?
Debbie Lee's are anything but. And they all started with a happy accident.
Lee is the owner and operator of the Los Angeles-based Korean-American restaurant Ahn Joo, and the author of Seoultown Kitchen: Korean Pub Grub To Share With Family And Friends. While Korean by heritage, Lee didn't grow up eating traditional Korean foods.