California State University Channel Islands
Sung Won Sohn is the Smith Professor of Economics at California State University Channel Islands and director of its Institute of Global Economic Research. A vice chairman of the retailer Forever 21, from 1998- 2004 he served as executive vice chairman and chief economist for Wells Fargo Bank.
Will President Trump's first foreign policy test be in Asia? Barack Obama warned Donald Trump about trouble from North Korea, and his prediction is coming true. With North Korea's missile tests and America's missile defenses, China says they're like trains accelerating toward one another. China itself feels threatened, and South Korea, where the defenses are being installed, has just kicked its president out of office. Meantime, North Korea's Kim Jung Un appears to have orchestrated the public assassination of his half-brother. Is all this building up to a regional crisis?
How Will Increased Sales Tax Affect Car Sales in California? Billboards, radio ads and reminders by mail are urging California consumers to “Buy Now,” before the state sales tax goes up tomorrow by one cent on the dollar. We look at tomorrow's tax increase and its possible impact on California.
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?
How was the trip? President Trump's travels got less fun as he went from the Middle East to Europe.
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.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.