American Psychological Association ceo arthur evans joins us to discuss stress in america report and how covid19 is affecting Mental Health field Mental Health. Host as Congress Tries to hammer out the covid relief package, Small Businesses are in trouble. Business health and cashel have stalled. Yelp says 2800 businesses in new york city alone have closed. The Small Business administration has given out more money in the past few months than its entire history. It is tuesday, august 4, 2020. We welcome you to washington journal. We will spend this first hour asking you about the impact of the coronavirus pandemic on Small Business. If you are a Small Business owner, call 202 7488000. Or former an employee Small Business employee, 202 7488001. For all others, 202 7488002. Texts, 202 ur 7488003. Tell us your name and where you are from. On twitter, cspanwj. Facebook. Com cspan. Negotiators on capitol hill continue with the pandemic relief package. We will hear more about that later. Her
In the pacific. Welcome to washington journal. Washington journal on the 75th anniversary. Guest thank you. I am glad to be here. Host we have heard from harry truman after the hiroshima bombing. From your research and the study of the war and the bombings in particular, why did harry truman do it . I think the decision to use the bomb was really implicit in the manhattan project, so it was really assumed from the time, for the time truman came to office in ,pril after the death of fdr that this weapon, if it worked, it would be used. So it may be more accurate to say that there was a nondecision essentially. Truman did not decide to projecte, to stop a that was very much entrained when he came into office. The assumption had been made that if we had built the bomb, if we had the bomb, we would use the bomb in order to bring the war to an end, but i think from the perspective we have now that the atomic bomb, you know, is different, essentially different, from general weapon, that is s
The eventsmore on that led to the bombings when we talk president Harry Trumans grandson, Clifton Truman daniel. 75 years ago today, the uso and the Nuclear Weapons bureau. Gay,ed from the b29 enola the bomb called little boy would explode with an impact of 15 kilotons and be responsible for the death of 237,000 people. That and the bombing of nagasaki on august 9 would propel japan to surrender and the end of world war ii. Good morning. It is washington journal for this thursday, august 6, 20 20. We are going to spend the entire program on the 75th anniversary of the bombings of hiroshima and nagasaki and the end of world war ii. Would like to hear from you. Your thoughts on the decision to use the abomb, the end of the war and hiroshimas legacy. Zones, and central time 2027488000. Mountain and pacific 2027488001. World war ii veterans and their families 2027488002. Japaneseamericans, 2027488003. That line also available for your texts. Make sure you tell us where you are texting from
Today the Circuit Breakers were down 7 . A day where oil had its first decline, down 31 . The treasury went below. 15 a record low which tells you the bond market is terrified its also a day where you probably lost a lot of money its probably what happened to you. Thats because, of course, the dow plummeted 2014 points. Its worst point drop ever. The s p plunged 6. 7. Nasdaq 2. 159 now the dow was at 2. 14. It lost that much. Okay it happened. What the heck got us here . Where do we go next . First todays sellers fear we are going into a coronavirus induced recession and theyre trying to get out of other people who want to sell. Just trying to get aahead of them that may sound fanciful that we had six cases in this country and 22 deaths. In the end, it seems like a super food than the playing. As the president tweeted earlier, 37,000 americans died from the flu last year yet nothing is shut down life and the economy go on, end quote. But the marks were not reassured, not the bond marke
Stocks after the worst day for the averages in two years . Does it make sense to bail on the market when the dow just plunged 1032 points, s p 500 plummeted 3. 35 , and nasdaq nose dived 3. 17 is that the right thing to do or should we treat in melt down like a buyable pull back honestly, it depends on five factors. So lets check them down one, do you have enough cash to buy or do you need to borrow to make that happen if you dont have a decent amount of cash on the sidelines, you shouldnt do any buying. Do some selling in a moment of strength history suggests we could bounce tomorrow take advantage of that lift, do some selling promises are not going away. Look at your bank account, do you need that money in the near term, say the next 12 to 18 months, if you dont think youll need it and you havent bought anything yet, then i think it makes plenty of sense to start putting that cash to work but only if the market gets hit again. Do not buy a rally please. Get a rally, you missed it it