Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is something you expect to hear. Again it wasnt just tech, it was broadbased. Look at the dow winners you can see we have
Populist politics his combine standard republican tax cuts and deregulation with restriction policies of trade and immigration. And sometimes inflammatory those with lawmakers alike. Have those policies been successful in Going Forward what lesson should policymakers apply with the left and the right . List two great guest first Casey Mulligan is a professor at the university of chicago serving as the chief economist the council of economic advisers with the Trump Administration from 2018 august 2019 and the most recent book just last month is your hired. And michael is the director of Economic Policy studies here at aei author of the American Dream is not dead. Released february of the sheer. To start off casey will speak for about ten minutes then mike will offer a ten minute response and then we will have a Panel Discussion and toward the end at about 1045 we will do q a. Please submit your questions on twitter with ask aei. Good morning. I have some slides to share during my presen
Have those policies been successful in Going Forward what lesson should policymakers apply with the left and the right . List two great guest first Casey Mulligan is a professor at the university of chicago serving as the chief economist the council of economic advisers with the Trump Administration from 2018 august 2019 and the most recent book just last month is your hired. And michael is the director of Economic Policy studies here at aei author of the American Dream is not dead. Released february of the sheer. To start off casey will speak for about ten minutes then mike will offer a ten minute response and then we will have a Panel Discussion and toward the end at about 1045 we will do q a. Please submit your questions on twitter with ask aei. Good morning. I have some slides to share during my presentation good morning i really appreciate aei organizing this i want to monetize your time you can find more in my new book readers have been time for also coming away agreeing that pop
Years since 1793. Paul joining the panel this week, wall street journal columnist, dan heniger, kim kim strassel and jason riley. Dan, lets give context of where we are now in the election fight. As i look at it, donald trump to win would have to turn results in some combination of georgia, arizona, pennsylvania or wisconsin. How likely is that . I dont think its very likely that its going to change very much. Its good that georgias going to do this manual recount so we can have a clear idea of how one of these elections turned out with a legitimate recount. But you know, theres a couple things to keep in mind here. Joe bidens lead in most of these states is tens of thousands of votes. The other most famous recount in american president ial history was florida in 2000, al gore and george w bush. Between them, there were less than 600 votes. Out of millions cast. So as a statistical proposition, paul, its pretty unlikely you can turn around that many votes. Having said that, the percent
Going forward what lesson should policymakers learn from this recent rise of populism on both the left and the right . Today i were discussing these issues with two great guests, first Casey Mulligan is professor of economics at university of chicago and he served as chief economist for the council of economic advisers in the Trump Administration from september 2015 august 20 because most recent book released last month is your hired, untold successes and failures. Michael strain is a john scholar and director of Economic Policy studies here aei, the author of the American Dream is not dead but populism could kill it, released in february of this year. Heres how the event is going to go. To start up k she will speak for about ten minutes and then mike will offer a ten minute response and after that we will have a Panel Discussion for a while, and towards the end of the discussion about 10 45 we will do a q a so please submit your questions on twitter with the hashtag ask aei econ. With