are trading accusations and congress is under pressure to step in. when president bush s point man, republican transportation secretary andrew carr went to capitol hill, asking for congress to order in the strike today. democrats, who controlled the house and senate bulked. we have to act in america s interest quickly. my fear is that we have a contrived national emergency. you re coming here and telling congress to shut down the collective bargaining process. no, i m asking congress to meet its responsibility for the national economy. as nbc nightly news from june of 1992. railroad workers across the country went on strike, and that had major implications for the national economy. president george w. bush was pushing congress to help and that strike by passing a bill that would allow congress to force the railroad workers back to work. you heard in that clip has some democrats opposed forcing into
congress to order in the strike today. democrats, who controlled the house and senate bulked. we have to act in america s interest quickly. my fear is that we have a contrived national emergency. you re coming here and telling congress to shut down the collective bargaining process. no, i m asking congress to meet its responsibility for the national economy. as nbc nightly news from june of 1992. railroad workers across the country went on strike, and that had major implications for the national economy. president george w. bush was pushing congress to help and that strike by passing a bill that would allow congress to force the railroad workers back to work. you heard in that clip has some democrats opposed forcing into
is under pressure to step in. when president bush s point man andrew karr went to capitol hill asking for congress to order end to the strike today. democrats who control the house and senate balked. we have to be prepared to act in america s best interest and act quickly. my fear is that we have a contrived national emergency. you are coming here and telling congress to shut down the collective bargaining process. i m asking congress to meet its responsibility for the national economy. that is nbc nightly news from june of 1992. railroad workers had just gone on strike and that had major implications for the national economy. president george h.w. bush was pushing congress to help end that strike. passing a bill that would allow congress to force the railroad workers back to work. and you heard in that clip how some democrats opposed forcing an end to the strike out of fear it would punish railroad workers who were just fighting for
explaining it may become a self-fulfilling process on consumers. yes, and we are learning that the cost of living is continuing to go up at a rapid pace, and consumer price is up 7% which is the biggest gain since june of 1992 when ronald reagan was in the white house. there is a deceleration, but it is above expectation, and what is concerning here is that we have a, and the line is going in the wrong direction, and it is almost a 5% inflation or higher, and keep in mind that the federal reserve s goal is 2%, and we are nowhere close to that, and the soaring demand as
candidate in 1992. it took a while for i think the news media to understand that if it was conceivable he could win, unlikely, conceivable he led for a while in june of 1992 and he represented something important we needed to pay attention to, and i do think it started a lot of the politics we see unfolding today. the populism, the concern about trade, the dissatisfaction and suspicion of the washington establishment. it wasn t new wu it got a lot more intense with new, it got a lot more intense with ross perot. he managed to tap it in a way that should have told us a lot about the coming days of donald trump. steve perot got 19% in 1992. the bush family have long contended that ross perot cost george bush a second term. do the facts, do the numbers bear that out?