A bigger economic problem in the us, which points to a dire situation as opposed to the rosy announcements thats made by the Us Government on things like unemployment and inflation. First let me introduce our guests black, professor of economics and law at the university of missouri, kansas city, joins us from bloomington, minnesota. Also joining us is daniel shaw, academic and commentator who joins us from new york. Welcome to you both, ill start with you, so you have uh the union and the companies uh remaining far apart in terms of the autoworkers strike on key economic issues. The ua president has said um that hes going to stick with that demand for 40 , pay hikes over fouryear contract. Uh, the companies however have offered pays of about 20 . Thats the latest we have. Whats your impression on it . Yeah, the absolute of latest is uh the uaw has gone down to around 36 . Um, you know, negotiate, you make uh smaller moves and take more time. By the way, the actually theres a settlemen
Economic problem in the us, which points to a dire situation as opposed to the rosy announcements thats made by the Us Government on things like unemployments and inflation. First let me introduce our guests black, professor of economics and law at the university of missouri kansas city, joins us from blumington minnesota. Also joining us is of daniel shaw academic and commentator who joins us from new york. Welcome to you both black, ill start with. So you have the union and the companies uh remaining far apart in terms of the autoworker strike on key economic issues. The ua president has said um that hes going to stick with that demand for 40 pays over fouryear contract uh the companies however have offered pays of about 20 . Thats the latest we have. Whats your of impression on it . Yeah the absolute latest is uh the uaw has gone down to around 36 negotiate. You make smaller moves and take more time, by the way, the actually theres a settlement uh with the Canadian Auto workers who
American dream. The im the of the whole world, but the benefits of these seemingly endless ballooning, a much less apparent nowadays, at least to ordinary people. How much longer would the United States or rather than american the leaves exist on the assumption that the world owes them a living will discuss that im now joined by Michael Hudson and the american economist undistinguished Research Professor of economics at the university of missouri. Professor hudson, its great to talk to thank you very much for being available. Thats good to be here. Now i know that your academic interest on academic ambition is in exploring and writing a history of death from scenario and times thrown secret teacher futile. Youre up to the present that im sure that must have offered you a unique lance onto the american that which has cross 13 for trillion mark recently. Do you see that primarily as an economic, as an ideological or perhaps as a psychological issue or do you see it as an issue at all on
How much longer would the United States or rather than american the leaves exist on the assumption that the world owes them a living will discuss that im now joined by Michael Hudson and the american economist undistinguished Research Professor of economics at the university of missouri. Professor hudson, its great to talk to you. Thank you very much for being available. Thats good to be here. Now i know that your academic interest on academic ambition is in exploring and writing a history of dat from sumerian times thrown secret teacher feudal europe to the present. That im sure that must have offered you a unique glance onto the american that which has cross 134 trillion mark recently. Do you see that primarily as an economic, as an idea, logical or perhaps as a psychological issue or do you see it as an issue at all on the surface . Its a, an economic issue. Yes. And the logical because of the entire 19th century explained why a death overhead was going to be crushing the economy al
A living will to discuss that im now joined by Michael Hudson and american economist undistinguished Research Professor of economics at the university of missouri. Professor hudson, its great to talk to you. Thank you very much for being available. Thats good to be here. Now i know that your academic interest on academic ambition is in exploring and writing your history of death from son marian times throwing secret teacher feudal europe to the present that im sure that must have offered you a unique lance onto the american that which has cross 13 for trillion. Mark recently. Do you see that primarily as an economic, as an ideological or perhaps as a psychological issue or do you see it as an issue at all on the surface . Its a, an economic issue. Yes. Any logical because of the entire 19th century explained why a death overhead was going to be crushing the economy. Uh, already you know, under marks. Uh uh and uh, the rest of the last of the 19th century people were saying, finance cap