biggest economy. i will be discussing all of that with these two. there they are, the head of one of south africa s leading business groups, hotels with a top priority for any new government has to be fixing the basics, electricity, water and transport. also, the man in charge of economic policy for the democratic alliance. as the second biggest party, they are said to have an influential say in the future of south africa. plus, working harder in your work day. the big boss of the us software giant that helps power netflix, levi s and fedex tells me why ai will bring a step change in human productivity. wherever you arejoining me wherever you are joining me from around the world, once again, a warm welcome. this week, we are focusing on south africa, one of the most advanced economies on the continent, but one with huge challenges for the new government to get to grips with. unemployment, power cuts and infrastructure are just the start. that is despite the imf, the internati
once again be the continent s largest economy, ahead of nigeria and egypt. the anc, it came out on top in the recent elections with 40% of the vote. but for the first time since the advent of democracy in 1994, nelson mandela s party didn t win a majority, making a coalition government very likely. what this election has made plain is that the people of south africa expect their leaders to work together to meet their needs. as you can see here, the economy has grown significantly since the end of apartheid in the 1990s. but amid widespread difficulties, it s really struggled to grow in the last decade or so. one of the most pressing issues in the election was unemployment. one in three south africans that could work don t have a job. it s one of the highest rates in the world. as a result, over 2a million people, or 39% of the population, receive some form of government welfare payments. that s just one thing that s pushed up government debt. other factors include less money
or loathe the price, it s a big deal. it sets the tone in washington for two years with direct payments going to about 90% of households and money for the unemployed and those who have children and can t pay rent or bills. this is the most kcons consequential legislation many of us will ever be a party to. what knows what the future will bring but nonetheless on this day we celebrate. now, whether it s a success may depend on what happens next. though, a massive messaging blitz and sales pitch is underway. tomorrow president biden holds the first prime time address and next tuesday stops in the home state of pennsylvania which he narrowly won last year and republicans today rolling out their counter arguments, as well. we re doing damage to the future of this country spending dramatically more money than we obviously need. we re about to have a boom, and if we do have a boom, it will have nothing to do with this $1.9 trillion. not a single republican lawmaker voted fo
good evening. it is a historic day in the fight against covid and physical and financial struggles it created. on the day president biden s signature domestic policy passed and $2 trillion covid relief bill, the president announced plans for a deal with johnson & johnson to produce 100 million more doses of the one-shot vaccine and america should have enough vaccine for every adult by the end of may. this as cases are declining again. we ll have more on that in a moment. we want to start with that covid relief bill that passed. whether you applaud the $2 trillion bill is house democrats did immediately after the pass or loathe the price, it s a big deal. it sets the tone in washington for two years with direct payments going to about 90% of households and money for the unemployed and those who have children and can t pay rent or bills. this is the most consequential legislation many of us will ever be a party to. what knows what the future will bring but nonetheless on this
Laura Ingraham shines a spotlight on everyday Americans and examines how their lives are affected by politics at the federal, state and local level. Market in decades. By the way, we have 375,000 Manufacturing Jobs that did come back to the United States president obama. According to marketwatch today wage and benefits are rising at the fastest pace in the decade. The Employment Cost Index rose. 6 percent in the second quarter, a tick below the marketwatch estimate of 7. 4 . More important, the cost of worker compensation, pay and benefits, edged up 2. 6 percent to reach the biggest gain since mid2008. In other words, workers are making out better. You bet. The argument for every republican candidate goes Something Like this. Economyant to get this going, if you want to keep this job market thriving, see your Investment Accounts growing vote republican. Number two, a way to avoid impeachment, keep the midterm elections in republicans grip . Educate voters on what The Democrats have bec