Cross stock economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l. Go here well weve been in an l. Shaped depression since the 2000 a financial crisis i mean only that true economic data. On unemployment inflation g. D. P. And the like have been warp
Us with your first name and city , youate at 202 7488003 can also join the conversation on twitter or facebook. Yesterday follows the news that the Unemployment Rate the highest rate since the great depression. We want to hear from all of you. Becomingy about unemployed because of the pandemic. We begin with the debate on the floor. Here is David Schweitzer, the republican from arizona making the argument for the legislation. Phone calls last couple weeks talking to that Small Business person and you could almost hear the tears on the others of the call. You could hear the stress, the almost panic that they are about to hurt the very people they work with. Because their business is playing. A promise that payroll protections money that ran out a couple weeks ago. That and we engaged in a type of cruelty because we sat here and engaged, we are better than this. We knew what we had to do. Lets never do this again. For arizona, what we are about to vote on is 202,000 jobs. They shouldve h
The director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l go here well weve been in an l. Shaped depression since the 2008 financial crisis i mean only that true Economic Data on unemployment inflation g. D. P. And the like have been warped or hidden. Outrage while the fed pumped up the stock market to give the appearance
Those who needed it most. So today we are not any other action on the floor dealing with covid, so we thought we would take this opportunity to ask unanimous consent to get Something Real done that should have bipartisan support on both sides of the aisle. Who can be against transparency . Who can be against accountability . An to know where close i to 700 billion of the taxpayers money is going . Is it going to the right places . Unfortunately today at least 200 publicly traded companies have managed to secure ppp loans, and most of those are not very small, including some Companies Whose owners are large contributors to President Trump. Truly, Small Businesses, however, hundreds of thousands of momandpop shops with less than 20 employees, the proverbial restaurant owner, or the butcher, the baker and the candlestick maker have been mostly shut out because they didnt have a standing relationship with a big bank. Thereve been great despairs when it comes to minorityowned businesses. Ac
The director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l go here well weve been in an l. Shaped depression since the 2008 financial crisis i mean only that true Economic Data on unemployment inflation g. D. P. And the like have been warped or hidden. Right while the fed pumped up the stock market to give the appearance o