Playlist: Bailouts and stimulus
Posted by Daryl Paranada…
Posted by Daryl Paranada
For Marketplace Morning Report, Friday, October 1, 2010
Lots of news surrounding Washington, D.C. Today we looked at how the public feels about the Troubled Asset Relief Program as it winds down. And we also found out how the government feels about the $800 billion stimulus program. Their conclusion: It worked. In the auto industry, the Obama administration is proposing a new fuel standard economy and we took a spin on the new Nissan Leaf. If you want to drive it before it’s released, head to your local Enterprise. From our global perspective, we looked at what the new Brazilian president will inherit — one of the world’s fastest-growing economies. And we also looked at a United Nations’ International Labor Organization report that says continued budget cuts will hit jobs in a lot of places. For some encouraging news on this Friday — there’s hint of a thaw in the struggling retail sector and the latest personal spending and income numbers were better than expected. Finally, we have the week’s business news wrapped up in 60 seconds. Have a great weekend. Here’s what we played: