FROM Jeffrey Miron
“Ganjapreneurs” and the Case to Reclassify Pot These seem to be booming days for the marijuana industry, as more states move to decriminalize it. Legal pot businesses raised more than $100 million last year, according to one research firm. Even Silicon Valley is getting into the game: A prominent venture capital firm run by PayPal co-founder Peter Thiel recently became pot’s first major investor, putting millions into a cannabis company. So is pot the next big moneymaker? Also, a federal judge in Northern California has agreed to hear arguments to reclassify pot so it’s no longer a Schedule I drug. What are the implications of the case?
Are the Out-of-Work about to Be Out of Benefits? As the Great Recession rolls on, unemployment benefits have already been extended more than ever before. But the jobless picture has not improved, and the extensions have run out. Weeks ago, the Congress approved another three-month extension , but only two Republicans in the Senate will go along. With a vote expected tomorrow, President Obama made the case today.
Are the Out-of-Work about to Be Out of Benefits? As the Great Recession grinds on, more than two million Americans have had their unemployment benefits cut off this moth could get them back. The House has voted another three-month extension , but all but two Republicans in the Senate refuse to go along. Some say benefits discourage the search for work. Others call the $34 billion cost too much to pay at a time when the deficit's rising. With a showdown expected tomorrow when a new Democrat Senator will replace the late Robert Byrd of West Virginia, President Obama made the case at the White House today.
East Asia: President Trump's first foreign policy test Starting with North Korea's latest test of nuclear missiles, a chain of events is causing instability in Asia. Could it turn into the first real foreign policy crisis of the Trump Administration?
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.
Is America turning its back on the world? President Trump has made no secret of his contempt for the United Nations — and he's not alone. But, will proposed cuts in US contributions be counterproductive to America's role in the world and to national security?
'Do-or-die' time on healthcare bill President Trump has demanded a House vote today on replacing Obamacare…whatever the details might be. Despite his campaign promise that nobody would lose health insurance, that's possible for 24 million people if he were finally to sign this bill into law.