This is gps the Global Public square. Welcome to all of you in the United States and Around The World. Im Fareed Zakaria coming to you from aspen, colorado. Today, an extra special program with three, yes, three former secretaries of the treasury. First, ill talk to Henry Paulson and Timothy Geithner about the state of American Politics and the downgrade of the uss Credit Ratings and the struggles of the chinese economy and then robert ruben talks to me about how to make hard decisions and what a yellow legal pad has to do with that skill. Finally, david burn came to fame with his new wave band talking heads, some 40 years ago. Ill talk to him about his latest wave of creativity which includes a musical about former fill pina first lady Imelda Marcos. Performed in a Broadway Theater thats been transformed into a disco. But first, heres my take. For years American Politics has been shaped by the idea of the china shock. The term coined by three economists in a paper captured the widespr
World. Im Fareed Zakaria coming to you from aspen, colorado. Today, an extra special program with three, yes, three former secretaries of the treasury. First ill auck to Henne Paulson and Timothy Geithner about the downgradingst u. S. Credit ratings and the struggles the chinese economy. And then robert rubin talks about how to make hard decisions. And what a yellow legal pad has to do with that skill. Finally, david byrne came to fame with his new wave band Talking Heads. Some 40 years ago. I talk to him about his latest wave of creativity which includes a musical about former philippina first lady Imelda Marcos. Performed in a broadway theater. That has been transformed into a disco. But first, here is my take. For years now, American Politics has been shaped by the idea of the chinese shock. The term coined by three economists in a 2016 paper captures the widespread believe that trade with china has resulted in the deindustrialization of significant parts of the u. S. And loss of hu
I think eric did a great with job of talking about some of the problems that we see, that economic inequality seems to breed political inequality. We also have Health Inequalities which is, you know, tightly related to income. And i think what we should be focusing on is the welfare of our nation. And, i mean, that does include focusing on the welfare of those at the bottom of the income distribution, but we shouldnt lose sight that there are people in the middle who really, you know, have seen their incomes stagnate over the last 20 or 30 years. The body language suggests that robert would like to [laughter] i mean, obviously, i worked in the poverty programs for 18 years, and im really focused on the bottom. I will offer this, though, there are some solutions on the income inequality issue. And one of them is and im a believer in the transparency with regard to the ratios between ceos and the workers. That rule has been passed. Sec is trying to enforce it. Thatll with be a good thing
Plus, monster missile. Kim jongun showing off a weapon that only a few countries can produce, how close is north korea to being able to nuke the east coast . Welcome to the lead, im jake tapper, unsettling headline this afternoon. Officials at the u. S. State department were so concerned about the antimuslim videos that President Trump retweeted yesterday, they told the white house they were actually worried that the president s actions might spark a reprise of violent protests at u. S. Embassies in the middle east. Theyre already on high security alert. Quote, it didnt manifest in anything actionable, but it was a big concern. One state Department Official told cnn reporters. Just think about that for a second. President trumps state department worried about the safety and security of americans abroad. And why . Because the president recklessly pushed out videos of questionable veracity from an extremist, far right wing britain first group. The resulting security concerns are another