Economics & Economy

02/20/17: An economics linguistic lesson

Feb 20, 2017
Sam Harnett

When you read a story about minimum wage or hear a story about it on air, chances are we use the word "hike." It's short, it's punchy, but it also has some negative connotations attached to it. We take a look at the linguistics behind the word shaping our conversations about minimum wage. Also on today's show: New Environmental Protection Agency Administrator Scott Pruitt takes control of the agency this week. What will his EPA look like?

President Donald Trump picked his new National Security Adviser today. Army Lt. Gen. H.R. McMaster will replace Michael Flynn, who resigned after withholding information about a call with Russia's ambassador. Tomorrow, Scott Pruitt -- another high-profile appointee -- will take his job as the head of the Environmental Protection Agency.  Pruitt has a complicated past with his new agency. He sued the EPA 14 times when he the was Attorney General of Oklahoma. The Trump administration has said it wants to move quickly to dismantle some of the Obama administration's regulation.

Canada increases immigration to build its workforce

Feb 20, 2017

Two years ago, Canada passed a troubling milestone. The number of people age 65 and over surpassed those age 14 and under.  To bolster its workforce, the country is increasingly relying on immigrants and has brought in more than 800,000 over the past five years. But with a twist. More than half of those immigrants came in through a system that awards points for things like age, education and language fluency.

Click the above audio player to hear the full story.

How an old shipyard became a home for hardware startups

Feb 20, 2017
Stephanie Hughes and Bruce Johnson

New York City is known for lots of things, but having plenty of space isn’t one of them. And space is what you need when you’re creating hardware--the actual stuff that makes our technology work.

New Lab is a new facility located in the Brooklyn Navy Yard, a massive building that was once used to build ships. Now, New Lab is receiving a tax credit to house companies that are building new hardware. But if those companies are successful, will they able to remain in New York City?

The Republican Congress is using a little-known law to reverse regulations put into place by President Barack Obama in the waning days of his presidency, including rules on gun control, environmental issues, and federal contracting. The Congressional Review Act, which got bipartisan support when it was passed in 1996, requires a veto-proof majority in the House and Senate, and gives Congress a limited amount of time to act.

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