Hindered American Consumers from keeping up with the high levels of american productivity. Her class is about 75 minutes. Its been the last few weeks considering how americans adapted to abundance, between the 1890s and the 1920s. Despite their efforts of producers, advertisers and retailers and of others, the supply of goods continue to outstrip demand. This was not because everyone all hundred 6 million americans had everything they needed. It was because they didnt have adequate purchasing power. They dont have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in the situation. But so to our trading partners around the world. They dont have enough income to buy all of the commodities we were producing in our fields and all the wonderful things are factories were making. So by the end of the 1920s, the American Economy went bust. You will know this. You all know the stock market crashed in 1929. And the World Economy went bust as well. Worldwide
The new deal, the life of Francis Perkins. Fdrs secretary of labor and his moral conscience. This was part of the ninth annual festival in washington d. C. The book festival in the national mall. inaudible the streets around these building. I will explain to you how that happened. Much of the research was done at library of congress which is sponsoring todays events. It is a wonderful institution. The beautiful buildings. They are such Important Research materials there. It is all available free. It is Public Access libraries. They are one of the things that make our nation great. I am very grateful to the library of congress for being here and for continuing to give us such wonderful material. This is a self selecting crowd. I know some of you already know who Francis Perkins is, but a lot of people do not. Let us start by asking this question. How many of you know who Francis Perkins is . Yes this is great good how many of you know someone on Social Security please raise your hand. H
Overnight, protests across the country including one in washington outside the white house were largely peaceful on a day when george floyd was honored at a Memorial Service in North Carolina where he was born. We will have more in a live report and we will talk to the mayor of st. Paul, minnesota, who is the son of a Police Officer, about the practical changes that may come of this moment. Later in our spotlight, harry smith looks at the history of protests in america, turning energy in the streets into change for the country. Then, the extraordinary graduation story of one high school student, from a secret of homelessness to a diploma with honors. Later, we revisit a favorite sunday sitdown with Kerry Washington. A conversation about race and policing around her recent netflix film american son which is getting renews attention in light of the death of george floyd. People who are white or other races who dont feel this kind actually imagine what itsitdown washington. Plus another l
Good morning, everyone. The justice and policing act establishes a bold transformative vision of policing in america. Never again should the world be subject to witnessing what we saw on the streets in minneapolis, the slow murder of an individual by a Police Officer. The world is witnessing the birth of a new movement in our country. This movement has spread to many nations around the world, with thousands marching to register their horror at hearing the cry, i cant breathe. People marching to demand transformative change that and Police Brutality, racial profiling, and the practice of denying americans the right to sue when they have been injured by an officer, that denies local jurisdictions the power to fire or prosecute offending officers. Black communities have sadly been marching for over 100 years against police abuse, but for the police to protect and serve our communities like they do elsewhere. In the 1950s, news cameras exposed the brutal horror of segregation. The news cam
Everything going on in washington, it was a historic evening last night with the the of the matus mattis essay in the atlantic. Jonathan it was quite the contrast for the president of the United States. No question about it. I know we are going to go to kevin in a moment, but it is an. Xtraordinary moment the number one thing is the president s response has pretty much been on radio silence. Looking to hear from him a little bit later this morning. Ecb and Christine Lagarde. Lisa the interesting thing to me as we are not necessarily seeing the emergency in markets. As tom was sand, we are going to get the release. We got thoseget, u. S. Initial jobless claims every thursday morning. How quickly are some of the people getting rehired . How much are these numbers understating the situation given the discrepancies we are seeing . So many questions, but hopefully we will get a glimpse into potential recovery. Jonathan we will bring that data to you at 8 30 eastern, just ahead of that News