John Ydstie http://kgou.org en Political Support Erodes For Export-Import Bank http://kgou.org/post/political-support-erodes-export-import-bank Transcript <p>DAVID GREENE, HOST: <p>The Export-Import Bank is an 80-year-old Washington institution whose mission is to help U.S. companies sell products abroad. Now the bank is being threatened with extinction. Tea Party Republicans argue that the bank's really just providing corporate welfare. NPR's John Ydstie has more.<p>JOHN YDSTIE, BYLINE: The Ex-Im bank was created during Franklin Roosevelt's New Deal to support the export of U.S. goods. Today, some of the nation's largest companies are its biggest beneficiaries including Boeing, Caterpillar and General Electric. Wed, 25 Jun 2014 09:15:00 +0000 John Ydstie 32027 at http://kgou.org In Press Conference, Fed Chair Keeps Things Upbeat — And Vague http://kgou.org/post/press-conference-fed-chair-keeps-things-upbeat-and-vague Transcript <p>: This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.<p>ROBERT SIEGEL, HOST: <p>And I am Robert Siegel. Federal Reserve chair Janet Yellen may have learned a lesson - don't get specific when talking about when the benchmark interest rate may go up. She made that mistake during her first news conference as Fed chief. Wed, 18 Jun 2014 21:18:00 +0000 John Ydstie 31619 at http://kgou.org Study: Climate Change Is A Growing Threat To Corn Production http://kgou.org/post/study-climate-change-growing-threat-corn-production Transcript <p>RENEE MONTAGNE, HOST: <p>And from food to fuel, corn is a major pillar of the U.S. economy. It's the country's biggest crop. One-third of all U.S. cropland is dedicated to corn. A new study says climate change and unsustainable irrigation practices are a long-term threat to U.S. corn production. The study calls on farmers, governments and businesses to cooperate to head off those negative effects. NPR's John Ydstie has more.<p>JOHN YDSTIE, BYLINE: There's no doubt extreme weather has hurt U.S. corn production in some recent years. Thu, 12 Jun 2014 09:27:00 +0000 John Ydstie 31156 at http://kgou.org In May Jobs Report, A Milestone: A Return To Pre-Recession Levels http://kgou.org/post/may-jobs-report-milestone-return-pre-recession-levels The May jobs report showed steady job creation. Payrolls expanded by 217,000, and unemployment held steady at 6.3%. And there was a milestone: The U.S. economy now has slightly more jobs than it did in December 2007, when the last recession began. Fri, 06 Jun 2014 20:13:00 +0000 John Ydstie 30838 at http://kgou.org May Employment Data Show U.S. Surpassed Pre-Recession Job Totals http://kgou.org/post/may-employment-data-may-reflect-record-job-growth The Labor Department released its monthly employment report on Friday. The economy added 217,000 jobs in May, and the unemployment rate was unchanged at 6.3 percent. Fri, 06 Jun 2014 09:08:00 +0000 John Ydstie 30786 at http://kgou.org New Pollution Rules Leave Utilities Frustrated, As Details Remain Up In Air http://kgou.org/post/new-pollution-rules-leave-utilities-frustrated-details-remain-air The Obama administration has proposed rules for limiting greenhouse gases, but many of the details must still be set by states, leaving utilities unsure about specifics they'll be expected to achieve. Wed, 04 Jun 2014 20:08:00 +0000 John Ydstie 30669 at http://kgou.org Lifting Ban On Crude Oil Exports Would Boost U.S. Economy http://kgou.org/post/lifting-ban-crude-oil-exports-would-boost-us-economy Transcript <p>STEVE INSKEEP, HOST: <p>NPR's Business News starts with something a little crude. A new study is recommending the United States end its four-decade ban on crude oil exports. The report by the energy branch of the global consulting firm IHS says ending the ban would lower gasoline prices, create jobs and boost government revenues. NPR's John Ydstie has more.<p>JOHN YDSTIE, BYLINE: The ban on crude oil exports was implemented in the 1970s, during an era of U.S. price controls and declining U.S. production. Thu, 29 May 2014 09:22:00 +0000 John Ydstie 30239 at http://kgou.org Study Questions Need For Employer Health Care Requirement http://kgou.org/post/study-questions-need-employer-health-care-requirement When the Affordable Care Act was unveiled, business groups railed against the provision that requires companies with 50 or more employees to provide health insurance for their full-time workers.<p>The Obama administration responded by pushing back the deadline for the coverage, so it hasn't yet taken effect. Wed, 28 May 2014 20:30:00 +0000 John Ydstie 30200 at http://kgou.org Study Questions Need For Employer Health Care Requirement 'Financial Times' Picks Apart Picketty, Sparking An Argument http://kgou.org/post/financial-times-picks-apart-picketty-sparking-argument Transcript <p>MELISSA BLOCK, HOST: <p>The feeling among the super-rich that capitalism is under siege may be heightened by the release of the book "Capital In The Twenty-First Century." It's by the French economist, Thomas Piketty. The book, which deals with growing inequality, has been a publishing phenomenon. It currently tops many non-fiction best seller lists. But late last week, The Financial Times published a story citing errors in the book and suggesting that some of its conclusions are mistaken. Tue, 27 May 2014 20:17:00 +0000 John Ydstie 30124 at http://kgou.org The Merits Of Income Inequality: What's The Right Amount? http://kgou.org/post/merits-income-inequality-whats-right-amount Income inequality is a big problem, many economists agree. But they also say some level of inequality is necessary for capitalism to work.<p>Inequality in the U.S. has risen to levels not seen since the 1920s. The top 1 percent pocket more than 20 percent of the nation's income, and the 400 richest people in the country own more wealth than everyone in the bottom 50 percent.<p>That's not healthy for the society or the economy, says Branko Milanovic, an economist at the City University of New York Graduate Center. Sun, 18 May 2014 09:29:00 +0000 John Ydstie 29476 at http://kgou.org The Merits Of Income Inequality: What's The Right Amount?