FROM Carol Scudere
'Ridiculous, Ostentatious Wealth' in America A conservative columnist reports that we're in " the second great Gilded Age ." A liberal author warns that "a bloated over-class can drag down society." But a New York Times Magazine article is headlined " Don't Hate Them Because They're Rich : The Trickle-down Effect of Ridiculous, Ostentatious Wealth." America's median income is $48,000, but the starting salary for some butlers is $60,000. Those numbers can be used to show that the massive wealth of the Super Rich "trickles down" to the rest of Americans, but not everybody sees it that way. In 20 years, the number of billionaires has gone from 13 to several 1000. Some see a permanent aristocracy in the making, while the middle class struggles to pay the bills. How did the super rich get that way? Are they good or bad for the economy?
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.