Stimulating the Economy, Now and in the Future
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Bill Clinton declared the Era of Big Government "over." Well, it's
back, with a stimulus package big enough to start re-shaping the
economy. On this rebroadcast of today's To the Point, we look at the possible impacts now and in the long term. What will it mean for free trade and the global economy? Also, Iraq's elections were peaceful. Does that mean US troops can leave sooner than currently scheduled?
Iraqi Elections and US Troop Withdrawal ()
Iraq's elections went off so well that, “If American forces want to speed up their withdrawal… the Iraqi forces are ready enough.” That's according to a legislator allied with Prime Minister Nouri al-Maliki, quoted in the Chicago Tribune. Liz Sly is the Tribune's Baghdad Bureau Chief.
Stimulating the Economy, Now and in the Future ()
The whole world is waiting to see what President Obama's stimulus package will bring. It will have consequences not just for the United States, but also for both trading partners and economic competitors. The House stimulus bill calls for prohibiting foreign steel and iron from infrastructure projects. The Senate version being debated this week goes further, with few exceptions to the requirement for American-made goods and equipment. Republicans, including Minority Leader Mitch McConnell, call that “protectionism.” In this rebroadcast of To the Point, we preview the debate raging in Washington over the biggest government spending package since WWII.
- John Murphy: Vice President for International Trade, US Chamber of Commerce
- Scott Paul: Executive Director, Alliance for American Manufacturing, @ScottPaulAAM
- James Galbraith: Professor of Government and Economics, University of Texas at Austin
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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