FROM Ellen Hartnett
Is a 'Jobless Recovery' Not a Recovery after All? The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. The average rate of unemployment is 9.8 percent and it’s rising. How long will it take for the economy to replace all those lost jobs? Where will the new jobs come from?
Is a 'Jobless Recovery' Not a Recovery after All? Healthcare reform and Afghanistan are getting the headlines, but President Obama's biggest challenge could be creating jobs. The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. Despite talk about economic "recovery," unemployment's at 9.8 percent, the highest in more than 25 years. Full employment isn't likely again until 2017. We hear what it's like to get laid off and how hard is it to get re-hired. What happened to that economic stimulus money? What can the government do now? Instead of promoting a quick fix, should the focus be on new jobs with long-term usefulness to American society?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
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.
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.