FROM Sheila Bair
Is Economic Recovery Increasing Economic Inequality? Today's Dow Jones Industrial Average jumped over yesterday's record high. It's a "golden age" for corporate profits, which are the largest share of the economy since 1950. But the portion that goes to employees is close to the lowest since 1966. Both liberal and conservative economists are worried because the gap between the rich and the poor is growing so fast. The gap is also alarming Democrats — and some Republicans. Eighty-five billion dollars in federal sequestration could increase unemployment by 700,000 jobs without making a dent in the markets or corporate earnings. How much is the Obama Administration to blame? Is there a potential fix that might appeal to partisans on both sides?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
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?
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.
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?