FROM Bill Virgin
Tracking the Great Recession, Region by Region In Detroit, the median price of a home is now estimated at $7500, less than the lowest priced new car on the market. In Lehigh Acres, once a middle-class suburb of Miami, one out of every four people is now on food stamps. What's now being called the Great Recession comes hard on the heels of a massive boom in construction. Construction workers, mostly men without college degrees, are among those most likely to find themselves unemployed. Just as different sectors of the economy are hit to different degrees, so are different regions of the country. Wall Street's been hit hard by unemployment, but New York City is strong and diverse enough to rebuild. Other parts of the country may not be so lucky. We examine the impact of the recession in different regions and their different prospects for economic recovery.
The 'deconstruction' of the administrative state President Trump has failed to fill high-level positions in important agencies — and some people he has named want to phase out the agencies they're supposed to lead. We look at the possible consequences for delivering services and providing security — and at top aide Steve Bannon's plans for "deconstructing the administrative state."
Trump's opening offer: Making some of America 'great again?' A massive increase for the Pentagon at the expense of domestic programs. We hear about winners and losers in the President's first proposed budget.