Erg media [chanting] 1979. While americans stewed in gas lines, congress argued over what to do with 150 million acres of alaskan land. Which would we choose . Wilderness or Mineral Development . In 1939, one american in six was unemployed. By 1942, we were fighting a great war and living better than we had in years. How did we increase production of both guns and butter during world war ii . In 1978, a troubled textile industry was told to spend 2 billion combating brownlung disease. By 1980, the Supreme Court was asked to choose between saving lives or jobs and profits. How much is a life worth . Wilderness or minerals . Guns or butter . Jobs or safety . We always face choices. Resources and scarcity. Whats economics all about . With the help of economic analyst richard gill, well examine that question on economics usa. Im david schoumacher. Whats economics all about . There have always been theoretical answers to that question, but reality complicates the most elegant theories. Econ
Depravity for the white house stuart usama bin laden was wealthy. Of fort hood butcher had a job if i recall. He was a major in the army. Do you think the guy in copenhagen this last weekend when he pulled the trigger trying to kill a cartoonist, was he screaming jobs, jobs jobs . He was screaming stuart ralph peters 12 hours ago responding to the Obama Administrations suggested we could kill isis but give them jobs. Watch out. The colonel will be here in three minutes from now. Watch out. Lets deal with the markets. It is wednesday morning. The dow industrials holding to the guillotine thousand level. We are within striking distance with alltime highs for the dow. The s p is a little lower today but it reached 2100 yesterday. That is an alltime high. As for the nasdaq, closing in on 5,000, 100 points away almost back to dot. Com bubble levels. Mary kissel, wall street journal editorial board. Any similarity between nasdaq now and nasdaq 1999 . Tech bubble tend to start when you have r
Was told to spend 2 billion combating brownlung disease. By 1980, the Supreme Court was asked to choose between saving lives or jobs and profits. How much is a life worth . Wilderness or minerals . Guns or butter . Jobs or safety . We always face choices. Resources and scarcity. Whats economics all about . With the help of economic analyst richard gill well examine that question on economics usa. Im david schoumacher. Whats economics all about . There have always been theoretical answers to that question but reality complicates the most elegant theories. Economics usa is about theory and reality in 20thcentury amica, and how people and events have shaped economic decisions that affect our lives. Those decisions usually involve tradeoffs. In 1980, congress designated over 100 million acres of alaskan land as National Parks and wilderness areas. Why did Congress Make that decision . How much did it cost the nation . In 1867, when the United States purchased the territory of alaska from r
Was one of the most violent in recent years. Time for weather and traffic on the 1s. 58 degrees outside of the studios this morning. Storm team 4 meteorologist tom kierein with your weather headlines. Enough of a spring chill you will need a light jacket and have your sunglasses ready as well. The sunshine is breaking out as the morning clouds that are over us now break up. Right now, though it is rather chilly. Shenandoah valley in the mountains generally around 50 degrees. In the low to mid 50s in the nearby suburbs and across the rural areas of maryland and virginia. Generally in the mid 50s, upper 50s right around the Chesapeake Bay and on the shore low to mid 50s. Waiting for metro youll be in the 50s. A lot of clouds around and then sunshine breaking out between 8 00 and 9 00. It will be up around 60 degrees. Next weather and traffic on the 1s a look at your drive time commuter forecast for this friday. Now were looking at traffic so far, pretty good. Overall, not as much constru
A sharp rise in unemployment. Also in the programme. More angry protests across america follwing a decision not to purse a murder charge in the case of Breonna Taylor. The fbi says it is still investigating and federal charges are still possible. And the legacy lives on. As they gather to honour Ruth Bader Ginsburg in washington we will hear from 3 women whose lives were changed by the life of the late Supreme Courtjustice. Hello, i amjane obrien in washington, Christian Fraser is in london. The peaceful transition of power is the hallmark of this countrys democracy. Americas very first president , George Washintgon said its what will separate us from every other nation in the world. So, Donald Trumps refusal last night to commit to the most basic tenet of the constitution, has enraged democrats. And again it has put his own party on the defensive. Many republicans have stayed silent today about mr. Trumps comments. But prominent figures in the party have rushed to say that the party w