Which Way, L.A.?
The Latest on Stem-Cell Research in California
The Obama budget and tax plan would shift America’s wealth from the top down. On our rebroadcast of today’s To the Point, is it time to close the gap between rich and poor or would increased taxes remove incentives for the wealthy to keep on working? Also, today the President lifted the Bush restrictions on stem cell research. What’s the impact on California, where voters invested $3 billion five years ago? Plus, 50 years of Barbie.
President Obama has taken the lid off federal spending on stem cell research. We speak with the man who persuaded California voters to raise $3 billion for stem cell projects. What will this mean for research into Parkinson’s, Huntington’s, Diabetes and other diseases? On our rebroadcast of today’s To the Point, a debate on whether it’s time to close the gap between rich and poor. Would increased taxes stifle growth by removing incentives for the wealthy to keep on working?
Banner image: President Obama lifts restrictions on stem-cell research. White House Photo: Chuck Kennedy
In this episode
3 storiesIncome Redistribution: Basic Fairness or 'Class Warfare?'
The stimulus package already passed and signed into law provides tax credits for 95 percent of American workers. Now the President wants to increase taxes on the wealthy, partly by letting the Bush tax cuts expire. One of his goals is to reduce the growing gap between the rich and the poor.
Read the story26 minPresident Obama and Stem-Cell Research in California
President Obama has made good on a campaign promise and lifted Bush Administration restrictions on human embryonic stem cell research. He said it has “he potential to help us understand and possibly cure some of our most devastating diseases and conditions.”
Read the story18 minHappy 50th Birthday, Barbie
Ruth Handler, co-founder of Mattel, introduced Barbie at the New York Toy Fair in 1959. Since then, Mattel has sold a billion Barbie dolls and influenced generations of American girls. Deborah Ryan chairs the Toy Department at the Otis College of Art and Design near LAX.
Read the story7 min