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Paul Solman @paulsolman

Business and Economics Correspondent for PBS NewsHour pbs.org/newshour/busin… Boston 10 mile radius Joined December 2008
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PBS NewsHour @NewsHour

2 months ago

Many Americans say they are unhappy about the country's economy despite indicators that it’s improving. @paulsolman reports on what’s causing the disconnect. to.pbs.org/3wGzx3s

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Paul Solman @paulsolman

2 months ago

There's almost nothing growing on that land, Jim. Some animal grazing is pretty much it.

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Jim @Jim21572663

2 months ago

There's almost nothing growing on that land, Jim. Some animal grazing is pretty much it.

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Paul Solman @paulsolman

2 months ago

Our effort to mend the country, the American Exchange Project. Update: yesterday's where-you're-going-this-summer event at our member high school in American Fork, Utah instagram.com/reel/C3-mAleuI… Same thing at 61 other high schools around the country yesterday, 650 seniors in all

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Paul Solman @paulsolman

7 months ago

To get a real sense of "America's best kept secret," the American Exchange Project, just watch this piece from CBS Sunday Morning: google.com/gasearch?q=you…

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Paul Solman @paulsolman

7 months ago

The American Exchange Project, "America's best kept secret." Well maybe not after yesterday's "cover story" on CBS Sunday Morning: google.com/gasearch?q=you…

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Paul Solman @paulsolman

10 months ago

"About $1.4 trillion of commercial real estate loans are due this year & next...When the deadline arrives, owners facing large principal payments may prefer to default" (John Ellis, via Bloomberg) Initially b/c of work from home. pbs.org/newshour/show/… Now: Higher interest rates

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Paul Solman @paulsolman

10 months ago

Northwestern Mutual; "U.S. adults believe they’ll need $1.27mm to retire...avg retirement savings up to $89,300 from $86,869 in 2022...plan to work until 65, up from 64 last year, 62.6 in '21. Gen Z aiming to retire...at 60 and many are expecting to live to age 100."

Paul Solman retweeted
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Yak Sax @sax_yak

11 months ago

@INArteCarloDoss Dr Kitty, I calculated the broadest measure of unemployment rate (U-7) as invented by @paulsolman. (Includes part time to econ reasons + margin attached + want a job) My May 23 U-7 rate is: 9.47% Dec 19' was 9.14% which was pretty tight. Labor Market holding strong.

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Paul Solman @paulsolman

11 months ago

Branco Milanovic: Global inequality at an all-time low? Maybe, but for sure, the world's "wealthy economies" now have the world’s richest citizens, and the POOREST. foreignaffairs.com/world/great-co…

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Paul Solman @paulsolman

11 months ago

Is your household at risk in retirement? "The Index calculates...projected retirement income as a % of pre-retirement earnings & compares that replacement rate w/ a target rate from a consumption smoothing model." Not within 10% of the target: "at risk." Almost HALF of us.

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Paul Solman @paulsolman

11 months ago

As the picture shows, it was Zimbabwean dollars: worthless.

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TheSchoolDoc @TheSchoolDoc

11 months ago

As the picture shows, it was Zimbabwean dollars: worthless.

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Paul Solman @paulsolman

11 months ago

Pew: Americans say "a family of 4 needs a minimum income of $85k annually to 'get by'... During [the past decade], the proportion of Americans who believe that a family needs more than $100k to get by has tripled to 30%"; 18% sat $75k-$100k; 31%, $50k-$85k.

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Paul Solman @paulsolman

11 months ago

Actually Byron, at the risk of braggadocio, I won $100 trillion on a first bet — that our eggflation story would top 800,000 views on YouTube — and then 200 trillion on a double or nothing bet at 900k, and finally a cool quadrillion, betting the over on 1 million views.

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Byron Duvall @ByronDuvall

11 months ago

Actually Byron, at the risk of braggadocio, I won $100 trillion on a first bet — that our eggflation story would top 800,000 views on YouTube — and then 200 trillion on a double or nothing bet at 900k, and finally a cool quadrillion, betting the over on 1 million views. https://t.co/9rpom90pSE

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Paul Solman @paulsolman

11 months ago

Our most important story this year, w/ producers Layla Quran and Mary Fecteau, part of Peabody award-winning series on guns, but little watched:youtu.be/R2t2bbAT3Cg Not just gun ads to young men, though, but their declining prospects, status, $ increased alienation.

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Paul Solman @paulsolman

12 months ago

Ultimately, the courts would decide. The fear is that in the meantime, investors would panic.

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J. Sanders @jskdn

12 months ago

Ultimately, the courts would decide. The fear is that in the meantime, investors would panic.

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Paul Solman @paulsolman

12 months ago

And furthermore: “We have to take baby steps towards arms control, in which each side presents the other with controllable material about capabilities...if you then rely entirely on what you can achieve through power, you’re likely to destroy the world."

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Paul Solman @paulsolman

12 months ago

For those who haven't read the interview with Henry Kissinger in the Economist: "it has never been possible to destroy all your opponents, because of limitations of geography and of accuracy. [Now] there are no limitations. Every adversary is 100% vulnerable.”

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Paul Solman @paulsolman

12 months ago

"a 2-mile difference in where you live may mean a 23-year difference in life expectancy...Boston Public Health Commission shows the longest avg life expectancy is nearly 92 for residents in a section of the Back Bay. Residents near Nubian Square in Roxbury...69 years." -WBUR

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Paul Solman @paulsolman

12 months ago

No price gouging? Via Adam Tooze's Chartbook:

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Paul Solman @paulsolman

12 months ago

Given this CEO's evidence that a 4-day work week pays off: "With the acceleration of AI & other technologies...we should prepare for a radically new world of work. In [which] even a 4-day week working from home might seem positively outdated." washingtonpost.com/opinions/2023/…

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