inflation is at a 40-year high, is inflation next and how bad will it be? i asked about the man that warned of today s inflation problem, larry summers. which country might president putin target next? some believe he has eyes on moldova. why? find out in my conversation with that country s prime minister. but first, here is my take. it was getting hotter so opens the ministry for the future, the disturbing novel by kim stanley robinson, the opening chapter set in india s largest state depicts a heat wave that kills mil millions across the subcontinent but the heat waves we re experiencing are going to get worse. that of course, will have dire consequences. more likely than mass death is mass migration. as bill gates points out, the area around the equator is soon going to be too hot for people to work outdoors. that could mean a collapse in farming, the most common occupation in these regions. stressed by heat, lack of water and no jobs, millions of people could start moving
40-year high, is a recession next and how bad will it be? i asked about the man that warned of today s inflation problem, larry summers. which country might president putin target next? some believe he has eyes on moldova. why? find out in my conversation with that country s prime minister. but first, here is my take. it was getting hotter. so opens the ministry for the future, the disturbing novel by kim stanley robinson, the opening chapter set in india s largest state depicts a heat wave that kills millions across the subcontinent and galvanize people to radical action. the heat waves we re experiencing are going to get worse. that of course, will have dire consequences. more likely than mass death is mass migration. as bill gates points out, the area around the equator is soon going to be too hot for people to work outdoors. that could mean a collapse in farming, the most common occupation in these regions. stressed by heat, lack of water and no jobs, millions of peop
you know, there are problems that develop that congress just has no expertise over and might not be able to foresee and that s why it relies on administrative agaencies and gives them the authority with they are expertise and flexibility to address these problems as they develop and that s precisely the sort of governance that the supreme court has called into question. all right. this feels like a big issue that we will have to monitor and we will almost certainly be coming back to. thank you so much. thank you. next on gps is america in a recession? well, we ll find out one piece of the puzzle next week second quarter gdp but in the meantime, let s hear from the man that warned about our current inflation problems larry summers. it looks like - looks like you paid too much for your r glasses. .who? anyone whoho isn t shopping at america s best - where two pairs and a free exam start at jusust $79.95. book an exam today. i don t hydrdrate like everyone else. because i m not ev
the two situations are similar in some respects in both cases the precedents are trying to address a problem they believe exists that congress did not address but they are also different in important ways. one is that in president trump s case, congress specifically rejected appropriating money for the precise purpose that president trump wanted to use the money. that i meanl namely constructing a border wall whereas here we don t know extra exactly president biden would do if the funds were available to him if he declared a climate emergency so we don t know if he would be taking the precise steps senator manchin in congress would pursue when they did not adopt the climate legislation. there is a chance or tell me how strong the chance if president biden declares a climate emergency, use some funds, what is the chance the supreme court would knock it down? so it depends what president biden attempted to do.
if what he was trying to do with the funds was let s say offer the states an incentive to address climate change, it s not clear that the supreme court would strike that down. but in light of the supreme court s decision in west virginia versus epa, the epa climate change case, it s clear the supreme court would not allow president biden to take measures that are not specifically and explicitly authorized by the statute that gives the president certain powers when he declares a nationwide emergency. so he might be limited in what he can actually do in order to address the climate emergency even if he declares one. so let s talk about that case. it strikes me as a very important case. as i understand it, the way the federal government has been set up really since franklin roosevelt created the modern administrative federal government is that congress passes these laws, which are fairly broad and administrative