To the Point
Economic Trouble in an Election Year
The Federal Reserve made a surprise cut in the interest rate today, but the markets dropped anyway, and there's more talk about a recession. Is it coming? Is it already here? Is the stimulus package really about the economy or politics? Also, Jose Padilla is sentenced to 17 years and, in case anyone's paying attention, the Oscar nominations are in.
By Warren Olney • • 1h 0m ListenThe Federal Reserve made a surprise cut in the interest rate today, but the markets dropped anyway, and there's more talk about a recession. Is it coming? Is it already here? Is the stimulus package really about the economy or politics? Also, Jose Padilla is sentenced to 17 years, and there's no Hollywood blockbuster, but the show must go on. We hear about this year's Oscars.
Photo: Stephen Chernin/Getty Images
