Political innocent I may be, but I find great irony in that, while everybody agrees there is massive inequality in the United States today, it's in sports where the American dream still lives — more than ever.
Originally published on Tue December 17, 2013 7:34 pm
That's the number the Federal Reserve Board's policymakers wanted to see this year. Having an annual inflation rate of 2 percent would confirm that the U.S. economy is strengthening — workers are getting raises and companies are seeing enough customer demand to mark up prices.
But the 2 percent target turned out to be too high.
Doctors talking up drugs to other doctors has been quite lucrative for pharmaceutical companies — and the physicians who moonlight as their salesmen.
Drugmakers learned long ago that deputized doctors were effective pitchmen. A doctor paid by a company to give a dinner speech or to chat over lunch with colleagues can go a long way toward changing their prescribing habits.
An auto worker tightens bolts on a Focus at a Ford plant in Michigan in October. Labor unions predicted in 1993 that NAFTA would send many U.S. manufacturing jobs to Mexico, and they continue to argue that the pact prompted a race to the bottom for workers.
Two decades ago, the strongest critics of the North American Free Trade Agreement were members of labor unions. They warned that the trade deal would mean the loss of manufacturing jobs to Mexico and lower wages for U.S. workers.
Today, 20 years since NAFTA's passage, unions feel as strongly as ever that the deal was a bad idea.
As we near the end of 2013, NPR is taking a look at the numbers that tell the story of this year. They're numbers that, if you really understand them, give insight into the world we live in.
This year, for the first time, national polls show a majority of Americans support the legalization of marijuana. Gallup has been asking the question for four decades, and now it says 58 percent favor legalization.