Best business commentary
Boeing is “one of the great American companies,” says Steven Pearlstein in The Washington Post, but it's also “one of the biggest corporate whiners.” The newest target for identity theft might be your kids, say Liz Moyer and Tatyana Shumsky in Forbes.com
Don’t cry for Boeing
Boeing is “one of the great American companies,” says Steven Pearlstein in The Washington Post, but it is also “one of the biggest corporate whiners in Washington.” For years it has complained “incessantly” about foreign subsidies while demanding yet “one more contract or tax break.” And now that the Air Force has shown the “temerity” to decide that “taxpayers could get more for their money” if Airbus and Northrop Grumman completed a $40 billion tanker deal, Boeing has resorted to “jingoism, protectionism, and outright hypocrisy.” Northrop-Airbus easily won the contract on its merits, and overturning the contract would “set a terrible precedent” and damage U.S. trade with its allies.
Identity theft grows down
The newest target for identity theft might be your children, say Liz Moyer and Tatyana Shumsky in Forbes.com. It is still a relatively minor threat—5 percent of known cases involve people under age 18, with half of those targets 6 or younger—but it is “practically the perfect crime” for identity thieves. Kids get Social Security numbers soon after birth, but they don’t use them until they apply for a “driver’s license or a student loan.” By that time, a child’s credit history can be wrecked, and any “crime trail is cold.” It’s a good idea to teach kids to never share personal information over the Web, watch out for credit card offers in their names, and check their credit reports.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- What would a U.S.-Russia war look like?
- 7 ways to be the most interesting person in any room
- Why is American internet so slow?
- What the collapse of the Ming Dynasty can tell us about American decline
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 22 TV shows to watch in 2014
- Who are the real gay marriage bigots?
- Ukraine's fraught relationship with Russia: A brief history
- 10 classic Sesame Street moments we wouldn't show today's kids
- Pics or it didn't happen: Millennials are a bunch of selfie-loving skeptics
Subscribe to the Week