FROM Tony Barber
The Backlash Against Austerity International May Day rallies are supposed to celebrate the dignity of human labor, but with 26 million Europeans out of work and unemployment at 27 percent in Greece and Spain, today's rallies were protests against the consequences of massive spending cuts and increased taxes. Unemployment is setting records in Eurozone countries, and the focus is shifting from reducing debt to growing troubled economies. Some economists are saying "we told you so," bolstered, believe it or not, by discovery of an Excel spread-sheet error in an influential research paper. What will the "austerity" backlash mean for the "sequester" in this country? Are politicians catching up with new ideas of what works and what doesn't?
Clinton Reaches Out to Russia, Iran at NATO Meeting Secretary of State Hillary Rodham Clinton announced today she wants a high-level meeting on Afghanistan by the end of this month, convened by UN Secretary General Ban Ki-moon and including her counterpart from Iran. Today's announcement came during a meeting of NATO in Brussels. Tony Barber is Brussels Bureau Chief for the Financial Times .
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.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?
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.