Battered by the covert 19 outbreak we take a deep dive into the fate of the industry with expert analysis with a packed show today so lets dive right in. And we lead the program with the latest jobs at this 6 in the United States now the u. S. Labor Department Said thursday initial jobless claims for the week ending the 15th of august came in just over one point 1000000. 00 analysts had expected a downward trend to continue after claims fell below 1000000. 00 for the 1st time in nearly 5 months the week prior now the Labor Department also reported that continuing claims which measure those receiving benefits for at least 2 weeks declined by more than 630000 leaving those still seeking benefits at just over 14800000 but well below the nearly 25000000 witnessed back in may prior to the release of these latest figures white house economic adviser larry kudlow told reporters wednesday the countrys economy is rebounding. Quote very very strongly adding that its on a selfsustaining recovery
Excellence i think thats the most important thing and theres a thats the essence of what we mean by Free Enterprise its supposed to be equal rules for everyone and that is not the situation today people making the point that facebook for instance have had more influence than than most governments but is there anything wrong with that why should governments have a monopoly on power. Thats such a fascinating question as governments become centralized in any fashion there is opportunities for collusion with with businesses that are succeeding at a certain level thats when we start having this stratified rule set the rule of law starts to break down in any country and once company can overtake and work with the politician is supposed to be protecting the public then you can get some you know problematic behavior thats unaccountable and then the rule of law breaks down again that wraps it up appreciate the company throughout the morning and early afternoon to stick with ulti if you can plen
Going to happen here and what are the contagion effect of these persistently high unemployment numbers on the economy. Could have been brought back to listen lets face it the numbers are great but the economy is slowly reopening and what youre really have is a political battle youve got the democrat the love trying to keep the economy shut so its hard to get people employed when 0. 25 are really still kind of shut down its not logical it makes no sense its a bunch of political crap that unless they resolve it is going to be like this in the elections over they do not want the kind of open they do not want to give president drop any type of victory so the jobs get to really at this point meaning us watch the markets we know that the economy and markets relate but theres plenty of money being invested and markets are making new highs and again we now understand that its the politics that are holding these jobs back not the economy christine i want to get you to weigh in on the. Quickly b
And lane college. They talked about Financial Assistance provided by the cares act and the important of addressing the hardships of minority students and those of lower socioeconomic status are facing. [inaudible conversations] good morning. The hearing of the senate health, education, labor and Pensions Committee will come to order. We want to thank our staff for working through some technical difficulties this morning and thank the senators that are witnesses who are joining us from around the country in various offices. We are all following the attending physicians protocol for safe distancing and those of us who are here are Wearing Masks on our way in and sitting at least six feet apart while we are here. Senator murray and i will each have an Opening Statement, then we will turn to our witnesses for their statement of about five minutes each, if they could summarize. There it is. Senators will each have five minute round of questions. We have a vote at 11 40 so we will need to fi
Committee heard from the president of urdu and lane college, they talked about Financial Assistance provided by the cares act and the important of addressing the hardships of minority students and those of lower socioeconomic status are facing. [inaudible conversations] [inaudible conversations] good morning. Hearing of the Senate Health Prevention Committee will come to order. We want to thank our staff for working through some technical difficulties this morning and thank the senators that are witnesses who are joining us from around the country in various offices. We are all following the attending physicians protocol for safe distancing and those of us who are here are Wearing Masks on our way in and sitting at least six feet apart while we are here. Senator murray and i will each have an Opening Statement, then we will turn to our witnesses for their statement of about 5 minutes each, if they could summarize. There it is. Senators will each have five minute round of questions. We