FROM Bernard Simon
Mounting Layoffs a Sign of a Deepening Economic Downturn The US is expected to lose 200,000 jobs this month and unemployment, now 6.1 percent, could rise to 7 or 8 percent. Xerox, Coca-Cola, Whirlpool, Merck and Yahoo are laying off workers, as are most of the airlines. But cuts are expected to hit the auto industry hardest of all. Cars are not selling, and unemployment in Michigan has already reached 9 percent. Even if General Motors and Chrysler merge, jobs will be lost, and if one of the Big Three goes bankrupt the ripple effect could be in the millions. Will Washington bail out another industry? Would another stimulus package invigorate the economy? Can money to be found in defense cuts? We look at those issues today as rising unemployment adds to the income inequality that separates Americans from each other.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?