Happen to miss The Larry O’Connor Show today? Recap today’s program by checking out topics from the program below:
Congressional Democrats are demanding an “ideological wish list” including new collective bargaining powers for unions as they hold up a nearly $2 trillion economic package of coronavirus relief, Republicans said Monday.
The Democrats’ belated list of demands includes new, tighter fuel emission standards for airlines and an expansion of wind and solar tax credits, a senior Republican aide said. [Read More]
The U.S. economy is in trouble, and if you can believe it, that trouble isn’t simply the closure of Main Street, the massive number of nationwide layoffs, and the danger of financial crisis we’ve all heard about. As companies run out of cash, pushing them toward insolvency, our country’s business-to-business trust is at risk of coming apart — tearing and ultimately collapsing the delicate system that keeps industries as diverse as farming, chemicals, and aluminum profitable and solvent.
Just beyond — and in the midst of — the public health and financial liquidity crises is the expansive and potentially devastating solvency crisis. It won’t be solved by the Federal Reserve or Washington stimulus, although there is a way to draw from an important Depression-era lesson and hold it at bay. [Read More]