Originally published on Thu March 22, 2012 6:14 pm
Why do economists keep getting it wrong?
For months, the job market's strength has been exceeding economists' predictions. It happened again today: the Labor Department's weekly report on first-time jobless claims came in at just 348,000 — the lowest level in four years.
Most economists had predicted about 355,000 people had applied for unemployment benefits in the week ended March 17. So why do they keep missing the mark?
The only Canadian on death row in the United States is in the Montana State Prison, about an hour and a half southeast of Missoula. After almost three decades, he is asking the governor of Montana for mercy. The request for clemency is the last chance Alberta native Ronald Allen Smith has of avoiding execution.
"I've been here for 29 years," says Smith, who has spent more of his life inside the state's maximum security block than he has spent outside of it. He has tried to think about his crime as little as possible.
The Patient Protection and Affordable Care Act — the health care overhaul law that President Obama championed and Republicans rejected — turns two on Friday.
The law is headed to the Supreme Court on Monday, where the Justices begin hearing three days of arguments about the constitutionality of the law. Ahead of the big day, we asked for questions from our audiences online and on air. Here's a sampling of questions, edited for clarity and length, and the answers.