FROM Tom Evslin
Economic Stimulus: The Promise and the Reality President Obama's stimulus package is officially called the American Recovery and Reinvestment Act . It was advertised as a fast-track program for hiring the unemployed as well as creating new jobs. After it was enacted in 2009, California received $50 billion. Two years later, only half that amount has been spent. We hear from Laura Chick, California's former "stimulus watchdog" and others.
What Has 800 Billion in Stimulus Spending Bought? During the Great Depression, Franklin Roosevelt put four million people to work in four months. In two years, President Obama's $787 billion stimulus has failed to reduce unemployment as promised, and much of the money hasn't even been spent. When it was enacted in 2009, it was advertised as a fast-track program for hiring the unemployed as well as creating new jobs, and was to focus on projects called "shovel-ready?" So-called stimulus watchdogs in Vermont and California say there is no such thing. What about the money that has been spent? Has the Reinvestment and Recovery Act been a victim of false advertising as well as red tape?
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?
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.