progress. hourly wages also were up highe. april s are the largest monthly gain in more than a year. but that is something economists say could spell trouble. weird to say but wage growth is so strong that that might make the fed nervous about future inflation and raise interest rates, which, of course, will hurt the economy down the road. reporter: those higher wages are helping fill jobs, starting pay for lifeguards near minneapolis went from $11.19 an hour. o tr and ee coies likettebuter.his athods lin ers, a frs of pert, because of struggling regional banks. two more took big stumbles this week on wall street. adding to those fears, the potential failure to raise the country s borrowing limit by june 1st, which could lead to economic calamity. today, president biden attacked republicans were trying to extract billions of dollars in cuts in order to raise the limit.
breaks the air traffic controller straight quite famously. uses a newfound power and popularity, and absolutely decimated collective bargaining in this country, and there you, see it worker action takes a nosedive. i don t know if the labor movement will ever reach the heights of the 19 fifties, again when good high paying union jobs built the american middle class. but it does seem pretty clear that this country is now at an inflection point. something has been disrupted, where you re seeing mass collective action the way we have nine generations, to try to get to the bottom of why next. o tr to get to the bottom of wh next next nah, a stormy day. classical music plays. um uh, brass band, new orleans. she drives hands free. along the coast. make it palm springs. cadillac is going electric. if you want to be bold, you have to go off-script. experience the all-electric cadillac lyriq. 80 years ago in 1940, won
spirit is chris matthews s new book. historic day today. i feel like history kind of hits you hard on a day like today. it s really hard to get away from. today is the anniversary of the day that cap weinberger was inieted. today is the anniversary of the day the house judiciary committee first voted to start impeachment proceedings against nixon. and this stuff comes around and you can never the bigger the news day the further the harder it is to get away from history. if i were trump i d remember one thing about watergate and i d keep it in my head. it wasn t a political argument. it wasn t what jimmy breslin said, the guys who couldn t shoot straight or the guys that finally won. it was about fact. and in the end the courts produced the 23rd june tape about nixon covering up. and all the the talk nixon said i didn t do tr, i didn t do it, was countered by the fact. and what trump has to deal with is his first facts was there was no russian effort to influence our election.