Good morning. I'm Steve Inskeep with an update on a hot dog war.
Kraft Foods and Sara Lee settled dueling lawsuits. Kraft claims its Oscar Mayer hot dogs defeated Sara Lee's Ball Park Franks. Sara Lee claimed to be America's best franks. And each company sued the other for exaggeration. Now the companies have settled out of court. Each will drop its claim that the other's hot dog wasn't so great. This way they avoid the danger of the court ruling that they were both right.
This week: the deficit may affect the Farm Bill in 2012. We have an update on the progress of Missouri’s special legislative session. And, an MU business professor explains that two CEO’s are better than one.
When I was a kid, I assumed that in the future things would get better and better until we were all driving flying cars and playing badminton with space aliens on top of 500-story buildings. Frankly, I kind of counted on this happening. But now I don't assume that we'll just keep going up anymore.
SCOTT SIMON, host: This week is the Federal Emergency Management Agency, or FEMA, was coordinating the national relief effort in Hurricane Irene's wake. Texas congressman and Republican presidential candidate Ron Paul was calling for the agency's elimination. He said quote, "FEMA has one of the worst reputations for a bureaucracy ever. It's a system of bureaucratic central economic planning, which is a policy that is deeply flawed."
Not having a summer or after-school job affects more than just a kid's wallet. It also has real consequences for his or her personal and economic development.
While the overall unemployment rate is stuck at 9.1 percent, the unemployment rate for 16- to 19-year-olds has been going up since February. Currently 25.4 percent of teenagers who want jobs can't find them.