Good evening and welcome to Hudson Institute policy center. Im john walters, the chief operating officer and i like to welcome our audience here out of pennsylvania avenue headquarters and our cspan audience to our first ever podcast keeping, that is both live and marks the Second Season premiere of podcast of the Second Season of the realignment hosted by hudson media fellow marshall kosloff. We are proud of the realignment here at hudson. Podcast launched last year and i recommend aspersion for those of you who have been following it that you take a look at the episodes from last year, particularly the conversation with secretary of state mike pompeo, josh hawley, micah gallagher, Michael Doran and others. Its an Excellent Program partly because of the two people who put it together and their ability to bring up topics and to move the argument along. We couldnt be prouder of the work they have done and i want to thank them for that and we are happy to launch this Years Program with m
And the estimated number of deaths we will get ism today. Adp is out several european banks are spending dividends jim, how much of this mornings action does reflect the grim picture that the white house set forth yesterday . Its difficult to imagine how, lets say, optimistic people were versus what the president said last night. I think many people in the stock market understood that the numbers were completely understated. You did leave the office saying, wow, that could be just terrible because they didnt caveat it as much as you might have thought they didnt say, all right, but were doing great in this state, this state, this state they said look, this is the reality. I think the reality rolls back some of the 19. 9 gain we had last week in the s p then whats going to roll back the rest is if we have credit problems ill defer to david. David knows behind the scene what day it is today today is the day youre supposed to pay your rent david, a lot of people wont make those payments,
Audience to the firstever podcast taping and mark the Second Season of the premier of the podcast of the Second Season of the realignment by the hudson media fellows. We are proud of the realignment of hudson with the podcast launched last year and i recommend especially for those of you that have been following it that you take a look at the efforts from last year. Mike pompeo, josh holly, mike gallagher, mike duran and others its an Excellent Program partly because of the two people who put it together to bring out topics and move the argument along so we couldnt be prouder of the work theyve done and i want to thank them for that and we are happy to launch this years program. Michael is a professor at the lyndon b. Johnson school of Public Affairs at the university of texas. Saving democracy for the managerial elite. The book that you could purchase at the back thats just published today so we are here at the launch. Congratulations on that. Theres a direct line between the class fo
The trial issue room shifted the national conversation. In 2014 relative to today, the Democratic Front runner, china is a significant problem economically and in the International Security sense. The credit for changing the conversation goes largely to the 2016 election and donald trump. Host on the democratic stage only one candidate said he would take away china tariffs and most said they would vote for a street deal with nafta. If that is not a political realignment not sure what is. An interesting thing, we should one of the east economically disruptive are implemented to restore a more even balance of power to the capital and labor. Tight labor markets, labor naturally wants a buyers market in labor or a sellers market in labor and employees want to buy ors market so that is basic, from the 1820s until 1990s the labor market from and tended to be, more generous policies, the former Country Club Republicans have become the new postal democrats, the children or grandchildren have,
Business closures as well as layoffs. We will show you how markets are reacting as well. Eugene scalia and richard will join with me about the jobs picture, what they have to say about the jobs market, stimulus package and what lies ahead for the u. S. Economy. Twoday rally for the dow and s p 500 poise to come to an end today, future pointing to losses, down 200 points. Down 93 on the nasdaq after gains of wall street yesterday but markets did close off of the highs of the day, in fact, the nasdaq as you could see finished negative. Dow industrials yesterday up 409 points at the close and the s p was up 28. President trump says parts of the u. S. Could be going back to work in a few weeks participating in a Virtual Conference with g20 leaders today working on a coordinated response for the coronavirus pandemic. Plus americas biggest music star coming together for iheart living concert for america. Special feature includes elton john and alicia keys. Mornings with maria is live right n