Latest right now though it is the kaiser report stay with us. This is the kaiser report. Whats going on stacy ill tell you something max this is not normal. That is according to our 1st chart here and its from constantine gaff whos an economist and an academic a professor and he is looking at a chart of the employment Participation Rate in the United States this isnt normal he says this is a secular disaster ill just show you the Participation Rate going back to 1048. 00 post world war 2 stayed flat at around 60 percent of the u. S. Economy adults anybody between say 16 and 65 that included women who are stay at home at that time this is the surge that we saw with all the women coming into the workforce from the late sixtys and now since 1902000 weve had a plunge and back to where we began and where about 65 percent i think various 63 percent that was averaging right before this economic covert lockdown and now its closer to 60 percent so this isnt the unemployment number thats a Diffe
Gas tax, there is a federal gas tax. So, the past quartercentury, our infrastructure needs have changed a bit. Our Revenue Sources have not. Over time, there is more money pulled from the general fund. It is just not a sustainable strategy. The federal gas tax is outmoded, unable to keep up with our prevailing demand, let alone a vaulting and new demand the system is facing. States actually control their own gas taxes. We have seen, they dont have the luxury to wait. States and locality have an clearest their own overtime. To keep ahead of these parents. We have seen a lot of action at a state and local level that has not been visible to some people, as much as there has been action at a federal level. In terms, the second question was why did it not work well last time and how can it be different this time . I would say build back better as a campaign slogan, whether it be from a governing principle or not, it cant just be about building more. It is to be about building differently. M
A plunge and back to where we began and where about 65 percent i think various 63 percent that was averaging right before this economic covert lockdown and now its closer to 60 percent so this isnt the unemployment number thats a Different Number this is a much broader view of the workforce in america and it shows that the. Participation rate that is the people who are working participating in the economy is heading down and heading down in a shocking way these are they are necessary expendable sort of population of the economy and i think thats why you see all the opioid overdoses the long term like absence of any hope theres no hope for many people in the economy working age adults population and able bodied and were going to look at that the male Participation Rate in particular soon but 1st if he says constantine says that if you thing. Were getting back to normal you need to check what normal you have in mind here is the Unemployment Rate going back to the 1948 and you know unempl
That is according to our 1st chart here and its from constantine gaff whos an economist and an academic a professor and he is looking at a chart of the employment Participation Rate in the United States this isnt normal he says this is a secular disaster ill just show you the Participation Rate going back to 1048. 00 post world war 2 stayed flat at around 60 percent of the u. S. Economy adults anybody between say 16 and 65 that included women who are stay at home at that time this is the surge that we saw with all the women coming into the workforce from the late sixtys and now since 1902000 weve had a plunge and back to where we began and where about 65 percent i think barea 63 percent that was averaging right before this economic covert lockdown and now its closer to 60 percent so this isnt the unemployment number thats a Different Number this is a much broader view of the workforce in america and it shows that the. Participation rate that is the people who are working participating
Evidence. Thats it for headlines this hour coming up next it is the point stay with us. This is the kaiser report. Whats going on stacy ill tell you something max this is not normal. That is according to our 1st chart here and its from constantine gaff whos an economist im an academic a professor and he is looking at a chart of the employment Participation Rate in the United States this isnt normal he says this is a secular disaster ill just show you the Participation Rate going back to 1048. 00 post world war 2 stayed flat at around 60 percent of the u. S. Economy adults anybody between say 16 and 65 that included women who are stay at home at that time this is the surge that we saw with all the women coming into the workforce from the late sixtys and now since 1902000 weve had a plunge and back to where we began and where about 65 percent i think various 63 percent that was averaging right before this economic covert lockdown and now its closer to 60 percent so this isnt the unemploy