Congress and President Obama have yet to reach an agreement to raise the nation’s debt ceiling, a necessity to ensure that the United States is able to meet its financial obligations. William Dickens, a Distinguished Professor of Economics and Social Policy at Northeastern, said that the U.S. economy could slide into depression if a deal is not agreed upon by the Aug. 2 deadline.
3Qs: Gender pay equity makes slow progress
A report released by the White House last week on women’s status in America shows that females have surpassed males in college attendance, but income inequality between the sexes persists. Economics professor William Dickens discusses the persistent gap between men and women’s incomes.