"I will be outspent." This simple phrase headed an email President Obama recently sent to supporters.
"We can be outspent and still win," the message read. "But we can't be outspent 10 to 1 and still win." Obama asked for donations of as little as $3 to compete against the deep pockets of Republican challenger Mitt Romney and the super political action committees that back him.
SIMON: Last Saturday, NPR's Jennifer Ludden introduced us to 30-year-old Michelle Holshue, as part of NPR's "American Dream" series. Ms. Holshue graduated with $140,000 in student loan debt just as the recession hit. She worries she'll never be able to own a home, or raise a family.
The city of Scranton, Pa., sent out paychecks to its employees Friday, like it does every two weeks. But this time the checks were much smaller than usual. Mayor Chris Doherty has reduced everyone's pay — including his own — to the state's minimum wage: $7.25 an hour.
Doherty says his city has run out of money.
Scranton has had financial troubles for a couple of decades — the town has been losing population since the end of World War II. But the budget problems became more serious in recent months as the mayor and the city council fought over how to balance the budget.
You may have heard of 3-D printers. These are computer controlled machines that create three-dimensional objects from a variety of materials. They've been kind of a novelty for a while but now they are being discovered by everyday consumers. Jon Kalish reports.
JON KALISH, BYLINE: Sean Hurley works for a software company called Autodesk. Not long ago the door on his clothes dryer at home developed a problem. It wouldn't stay shut, which made it impossible to use the dryer.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. And today, less than a year after the death of Colonel Moammar Gadhafi, Libyans are electing a new parliament. But in the months since the dictator was killed by a mob in his stronghold of Sirte, life in Libya has been troubled. This election's being seen as a test for an uncertain peace.
So, another month passes with U.S. stuck in a jobless recovery. Yet many major businesses are reportedly doing well. Their stock price is up. They have cash on hand. So why aren't more companies hiring?
I'm joined now by two chief executive officers. Christopher Gorman is the president of Key Corporate Bank and the CEO of KeyBank in Cleveland. He joins us from his office there. Mr. Gorman, thanks for being with us.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. Eight-point-two percent, that's the number economists and politicians are looking at closely. It is the unemployment rate for the month of June. The U.S. Labor Department reported that the economy added only 80,000 jobs last month. As the economy continues its very slow recovery, it's worth asking, is the jobs report always the best indicator? NPR's Sonari Glinton has more.