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Economy

Econ 101: June 2, 2011

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section.

  • Minnesota’s multibillion-dollar deficit becomes a thorn in Tim Pawlenty’s presidential campaign, notes the Wall Street Journal.
  • The White House estimates that taxpayers will lose about $14 billion due to the rescue of Detroit’s auto companies, less than 20 percent of the total investment. Two years ago, the projected loss was 60 percent.
  • Wall Street wants a derivatives do-over, The Hill reports.
  • The nation’s overall education spending grew at a slower pace in 2009 than at any other time in more than a decade,” the New York Times reports.

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