What would happen if Congress doesn't raise the debt ceiling and the U.S. defaults on its debt later this month? The broad economic implications are unpredictable, but a default could cause huge trouble for the global economy.
But whatever happens to the global economy, one thing is clear: People all over the world who have loaned the U.S. government money won't get paid on time.
Tina Brown, editor-in-chief of The Daily Beast, joins NPR's Steve Inskeep again for a recurring feature Morning Edition likes to call Word of Mouth. This month her suggestions are all about heroes — whether being heroic means doing something, or not doing something.
Originally published on Thu October 10, 2013 10:49 am
South of Florida's Lake Okeechobee, hundreds of thousands of acres of sugar cane thrive in the heart of one of the world's largest wetlands. The Everglades stretches from the tip of the peninsula to central Florida, north of Lake Okeechobee.
"The Everglades actually begins at Shingle Creek, outside of Orlando," says Jonathan Ullman of the Sierra Club.
That's nearly 200 miles north of the agricultural land that Ullman and other environmentalists say is crucial to state and federal efforts to restore the wetlands area to a healthy ecosystem.
Part of a series about small businesses in America
When it comes to job creation, politicians talk about small businesses as the engines of the U.S. economy. It's been a familiar refrain among politicians from both major parties for years.
But it obscures the economic reality. It makes a nice slogan, but it's not really accurate to say that small businesses produce most of the nation's new jobs, says John Haltiwanger, an economics professor at the University of Maryland.
Two hundred years ago today, in a small northern Italian village, a couple named Verdi — tavern owners by trade — welcomed the birth of a baby boy who would later change the face of opera forever. And, whether we recognize it or not, on the bicentennial of his birth, Giuseppe Verdi is still vital.