FROM John Murphy
Stimulating the Economy, Now and in the Future The whole world is waiting to see what President Obama's stimulus package will bring. It will have consequences not just for the United States, but also for both trading partners and economic competitors. The House stimulus bill calls for prohibiting foreign steel and iron from infrastructure projects. The Senate version being debated this week goes further, with few exceptions to the requirement for American-made goods and equipment. Republicans, including Minority Leader Mitch McConnell, call that “protectionism.” In this rebroadcast of To the Point, we preview the debate raging in Washington over the biggest government spending package since WWII.
Stimulating the Economy, Now and in the Future The President and the Congress are prepared to break records for government spending, with consequences for America and the rest of the world. The stimulus package is supposed to move fast enough to have immediate impact, but not so fast that it's reckless or wasteful. The House bill calls for prohibiting foreign steel and iron from infrastructure projects. The Senate version being debated this week goes further, with few exceptions to the requirement for American-made goods and equipment. Republicans, including Minority Leader Mitch McConnell, call that "protectionism." Could such provisions lead to foreign retaliation? Do other elements advance the Democrats' social agenda, rather than focusing on creating jobs. What should be the long-term objectives? Can past levels of growth and prosperity be restored or will Americans have to tighten their belts permanently?
Free Trade and the Presidential Campaign Barack Obama says Pennsylvania's rural voters are "bitter" over lost jobs. Hillary Clinton bellies up for a beer with a whiskey chaser in a working-class Indiana bar. So go the latest primaries, with voting scheduled for next week and another televised debate tomorrow. One real issue that might come up is the free-trade deal, like the deal with Colombia, which Democrats have scuttled, at least for the moment. Both Obama and Clinton have publicly promised to renegotiate NAFTA , while surrogates were reassuring Canada they supported free trade. They're both opposed to President Bush's trade pact with Colombia , too. But Bill Clinton's a big supporter. What are the pros and cons? Why do Bill and Hillary Clinton disagree? Is free trade America's only choice in the global economy?
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
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.
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.