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.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.