Its with jobs. The issue is balancing the adjustment costs of moving people in markets to the longer run growth benefits of having more efficient markets. And that doesnt mean always that more is always better. But it means that preventing competition is always worse. So you have to figure out how to get around this. And thats the struggle where all of us in good faith are trying to figure out where the right point is on this issue. The final thing, before we turn to lunch and then to mark bertolinis speech, is that we are in a world and i dont want to come down on the public because i dont know enough. But were in a world where the reality is yuanou on union nigh zags is at an alltime low. And so in that context for those of us who care deeply about the distribution of wages, one thing you can talk about is giving more power back to union. Another thing you can talk about is well that doesnt seem to be happening at the moment. Do we have another avenue. And there again is where the pr
Institute for International Economic economics. Its an hour. Ladies and gentlemen, welcome back to our previously schedule programming. It is my pleasure to continue from our Economics Panel according to our practical world. We have as a special treat today, Mark Bertolini the chairman and ceo of aetna who is going to talk about the role of Corporate America in reestablishing the american middle class. Thats about as targeted and blunt a title as you can have, which i find very typical of mark. Many of you have become familiar with him recently he got him mens coverage in the New York Times and elsewhere for his leadership. I think it is fair to say the word leadership and taking aetna forward and then amongst other companies in vool tearvoluntary raiseing the wages of its vast share of low wageworkers within its company, something that so far at least none of the other Major Health Insurers in the u. S. Have announced. We have gotten to know mark over the last few years. Hes been a me
Medicare services. And with American Enterprise institute. Great to have you back on the show, scott. Thanks for having me. What is the premise of this case . What is being decided . The issue whether the law means what it says. Right now the law says the subsidies can only flow to health plans sold in exchanges established by states. Most of the states didnt establish their own exchanges. The exchanges are actually established by the federal government. If you read the plain language of the law you believe subsidies cant go to the health plan. The administration is saying that it can. Many people arguing, proponents of obamacare are arguing it was drafting mistake and congress didnt intend to write the law this way but there is good reason to believe they did intend to do this. Gerri i want to show folks the actual language of the law established by under section 1311. Take a look at that. That is how obamacare as a law reads. Are we picking a 19 here . Is this something that matters
About shutting things down back then. Despite that, dr. Fauci says he has reason for cautious optimism, citing a decrease in the rate of hospitalizations, icu admissions, and intubations. We have a team of correspondents across the country on this Easter Sunday covering the latest development in the coronavirus outbreak. Lets start with cnns Jeremy Diamond at the white house. So, jeremy, what is the administration saying about this new assessment from dr. Fauci . Well, fred, President Trump said on friday that it might be the biggest decision of his presidency, deciding when he could release those relax those social distancing guidelines and begin to reopen the country. The president is spending the weekend mulling that decision. And today, of course, is the day when he had hoped that he could reopen the country. Easter sunday is the date that the president had talked about a few weeks ago. Of course, since then, the president decided to extend those social distancing guidelines for an
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