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
Now this is a self selecting crowd. I know some of you already know who Frances Perkins is, but a lot of people dont. So, lets start by asking this question. How many of you know who Frances Perkins is . Oh, yes. This is great. Good, good, good. How about this . How many of you know someone on Social Security . Please raise your hand. How many of you know someone who is receiving Unemployment Insurance or who has ever received Unemployment Compensation . How many of you know someone working a 40hour week . More or less. Frances pirngs work. How many of you know a 12yearold who has quit going to school so she can work fulltime in a factory . Frances perkins work, her ban on child labor enacted in the fair standards act made it possible to keep kids in School Longer instead of in mills and factories. Its awfully noisy here. I want to talk more so you know about the breadth of Frances Perkins accomplishments. A middleaged woman waited expectantly to meet with her employer at his residence
Revived trade war with china this time, the chinese are threatening to label some of our best companies as unreliable, meaning they wont be able to sell in the peoples republic. Then we got some mid retail Sales Numbers that werent just bad. They were grapes of wrath bad. But just when it looked like it would turn into a the buyers came right back. Plus, all sorts of Companies Keep reporting and telling us that april was much better than march, which bodes well for may. S p advanced 3. 9 . Nasdaq gained. What a turn. Now, that in mind, whats on tap for next week . Well, first, im dreading well come in on monday and hear about an escalation. The president s new containment strategy against china the market got hit earlier today because we are getting tough on huawei, the huge Chinese Company that the white house views as an unofficial farm of t unofficial arm of the communist party. There is a legitimate concern and if we give it to them, it is a security risk. Okay it its something he
For their handles of the response by state government, i think not doing so out of partisan motivation, but to remind some of those governors they are playing politics, several of them, that a little modesty is in order in midst of this crisis it critically required as a 7 thei a senser own struggles to contend with this crisis, no one has budget n perfect, Everyone Needs to do their best, Party Politics needs to end. The president , and his administration are throwing everything they can at response effort, yes, they have made mistakes but they have also done much, extending distancing guideline to april 30, and guideline to article 30, he had hoped symbolic day of Easter Sunday might mark the beginning of america returning to normalcy. Returning to work. But the president is now being advises that the peak of contagion may arrive at precisely that moment. Were doing a lot of things, we dont to do it too soon. You know were thinking that around easter that will be your spike that will
For Health Care Workers, his conversations with governors, partnerships with private sector companies, and whether there was a chance for the virus to return in the fall. Pres. Trump thank you very much. Thank you. Very comfortable here. A lot of room. And we appreciate you being here. Yesterday i announced we would be extending our social distance guidelines through the end of april. This is based on modeling that shows the peak in fatalities will not arrive for another two weeks. The same modeling also shows that by very vigorously following these guidelines, we can save more than one million american lives. Think of that. One million american lives. Our future is in our own hands, and the choices and sacrifices we make will determine the fate of this virus and really the fate of our victory. We will have a great victory. We have no other choice. Every one of us has a role to play in winning this war. Every citizen, family, and business and make the difference in stopping the virus.