Defer paying their income tax and we expanded tax refunds, very substantially. Thanks to our efforts and incredible resilience much our nations Small Businesses, and i really think we can add the foundation that we built. We built the greatest economy ever built. And that foundation was so strong, instead of coming weekly back, or going in the other direction, because this is coming back and we havent totally succeeded yet. We will soon, but we havent killed all of the virus yet. And yet you look at these numbers. That is based on a very Strong Foundation we built, a Foundation Like no other, a foundation had we not been attacked by this virus, this horrible virus we were doing things and had things planned that nobody else had ever even thought of. Paying off debt, building numbers, the likes of which nobody has seen. And yet next year well be in a position where i believe in a certain respect i think well even be stronger than we would have been because of what were doing but only th
Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in general today. Mike santoli is looking at market valuations with the dow above 26,000 Steve Liesman is breaking down todays better than expected jobs numbers and how to square the conflicting messages were getting about the economy. Meg tirrell monitoring cases weve seen in some states which dampened Market Sentiment when reported and Kayla Tausche is standing by for disclosures about who received billions in emergency aid from the government, but mike, first lets go to you. We have a tidy little r
It is entitled covid19 and federalism. John is a fellow at the Hoover Institution and served in all three branches of government, including the u. S. Department of justice, Senate Judiciary committee, and Supreme Court. Prof. Yoo thanks for tuning in. I can see you on the others of the zoom. Sometimes that can lead to very disturbing images. Here, in terms of you guys, i cant call on you either if you have questions, so we benefit from the new world we live in. Many appreciate that you cant see them. [laughter] i want to kick this off by jumping in the middle of the federalism debate. Federalism is about division of authority amongst different political leaders at different levels. We have seen some governors be aggressive in embracing shelterinplace and stayathome orders to flatten the curve. Other governors have been more open, arguing the local conditions didnt warrant it. Governors who adopted rigorous shutdown policies have been confronted by their citizens and city and local lead
A social distancing restrictions are lifted well tell you why theyre calling it revenge shopping. Im gratified welcome to the program the European Commission is hosting a virtual fundraiser today to help efforts to develop a vaccine and treatments against the coronavirus event is expected to raise more than 7000000000 euros german chancellor Angela Merkel french president obama where mccall and United Nations secretary general antonio wood terrace among World Leaders who have pledged their support. The battle against covert 19 has many fronts and it looks different in every country but the ultimate goal is the same a vaccine and an effective treatment. Everyone can follow through with a virus and that is why we have the task of editing together worldwide. Many of the world for a vaccine is available for whites broke use. But there are efforts underway to speak things up by pooling resources and pouring money into research. We have to build up capacities to manufacture it villianous of
Restrictions are lifted well tell you why theyre calling it revenge shopping. Im going out as welcome to the program the European Commission is hosting a virtual fundraiser today to help efforts to develop a vaccine and treatments against the coronavirus event is expected to raise more than 7000000000 euros german chancellor Angela Merkel french president manuel marco and United Nations secretary general and tony would terrorists World Leaders who have pledged their support its. The battle against that 19 has many fronts and it looks different in every country but the ultimate goal is the same a vaccine and an effective treatment. Anyone can fall into with a virus and that is why we have the task of editing together while white. Many of the world for a vaccine is available for white sprite use but there are efforts underway to speed things up by pooling resources and pouring money into research. You have to build up capacities to manufacture it this illions of those and then we have to