State of the economy plus the Airline Industry could be facing a grim future as the pen demick has created turbulence for sales we take a look at the performance of the sector with a packed show today so lets dive right in. And the United States economy declined by 4. 8 percent in the 1st quarter of 2020 according to data released by the u. S. Commerce Department Wednesday while contraction was expected a survey of economists by dow jones had estimated g. D. P. Would only fall by 3. 5 percent for the quarter Consumer Spending dropped by 7. 6 percent for the 1st quarter as not essential businesses across the nation have been closed due to the coronavirus pandemic now exports fell by 8. 7 percent and imports to the u. S. Withered up by 15. 3 percent now this was the 1st time u. S. G. D. P. Went negative since the 1st quarter of 2014 and the biggest drop since the last recession in the United States this Economic Contraction as the longest period of economic expansion in us has. And like
Well and all your loved ones are are safe we are joined today by Jack Osborne Jack of course grew up in the spotlight im always i always like to see people come out of the other end of that fame flume because man you know over the falls and get buried and that for all the time the water wont let it come back to the surface but hes back up and run and hes got a show im fascinated by this because i do like spooky places mandalay from rebecca and all that the host and executive producers on the travel channel cult portholes to hell and season 2 came out last month to get a 2nd season in anything these days good for him and jack also appeared in and serves as executive producer for the documentary the 9 lives of ozzy osborne that will air on a and e. This summer jacka sport welcome and thank you max hammond at. How goes your corner you have 3 lovely diff 3 lovely daughters i think i do. Its you know my girls are kind of homebodies theyre not like b. You know softball played and you know vo
Come on ill show you heres an air force base in alaska this is interesting that this move is taking place right now its right there at the base that the have 30 fives are going to be drawing meaning the 6 teams and what else do they have that they have 169 air refueling units so its a big operation that theyre going to have theyre now whats the reason for any type of enhanced u. S. Military presence in this area the 1st thing obviously to look at is russia right why well geography and history both play into this story look at how close sometimes we forget just how close russia and the United States are to each other maybe as close as any other country out there when you really zoom in and thats what i want to do i want to zoom in for you take a look at this thing that we just discovered there are 2 little while and right here in between the edge of russia and the edge of alaska one. Those islands is called the big di i mean island and the other one is called di i mean island or little
This is boom bust the one business show you cant afford to miss more in washington coming up Economic Growth numbers are out for the 1st quarter of 2020 is taking a hit due to the ongoing pandemic weve expert analysis on hand to break down the state of the economy plus the Airline Industry could be facing a grim future as a pandemic has created turbulence 1st sales will take a look at the performance of the sector with a packed show today so lets dive right in. And the United States economy declined by 4. 8 percent in the 1st quarter of 2020 according to data released by the u. S. Commerce Department Wednesday while contraction was expected a survey of economists by dow jones had estimated g. D. P. Would only fall by 3. 5 percent for the quarter Consumer Spending dropped by 7. 6 percent for the 1st quarter as not essential businesses across the nation have been closed due to the. Coronavirus pandemic now exports fell by 8. 7 percent imports to the us withered up by 15. 3 percent now th
Capitalism work for all. Across talking capitalism im joined by my guest Geoffrey Tucker in new york he is editorial director for the American Institute for Economic Research in los angeles we have piii and he is an independent economic and geo political analyst former commodities trader and Strategic Planning advisor and in indianapolis we Cross Alexandra hudson she is an independent scholar writer consultant and speaker or across type rules in effect that means you can jump in anytime you want and i always appreciate its go to pi 1st because i one of my rules on this program we always go to the person that got up early is that you got up really early for those programs i wrote very much appreciated by you know theres a lot of talk about how capitalism is. Performing and for whom and we look at the generation x. We look at the middle millennial as we see the attraction of socialism in the polls so my question is very broad and its a very deep question at the same time he said is capit