Good morning everyone. Today the subcommittee of oversight and investigation holds a hearing entitled combatting the Opioid Crisis battles in the states. Now, make no mistake the term combatting and battled are entirely appropriate. Our nation is in the midst of devastation around every corner of the nation. In 2015 there were more than in the u. S. , more than 33,000 deaths involved in opioid. 24 increase from the prior year. Overdose death rate in 2015 was almost seven times the rate of deaths from the heroin epidemic of the 1970s. For 2016 weve already announced from New York Times weve lost roughly 60,000 people to Drug Overdose and that is more in one year than all the names on the Vietnam Veterans memorial wall. And likely that number is underestimated because much of the data will not be in until the end of this year 2017. Its staggering. For every fatal overdose its estimated there are 20 nonfatal overdoses and for 2016 that could be near 1 million. More than 183,000 lives have
Journal live at 7 00 a. M. Eastern monday morning. Join the discussion. State officials discuss efforts to combat opioid addiction. Two hours, 15 minutes. Good morning, everyone. Today the subcommittee of oversight and investigation holds a hearing entitled combatting the Opioid Crisis, battles in the states. Make no mistake, the terms combatting and battles are entirely appropriate. Our nation is in the midst of a tremendous fight against death and devastation affecting over corner of our nation. In 2015 there were more than 52,000 deaths from Drug Overdose in the u. S. With 33,000 involving opioid. 23 increase. In 2015 it was almost seven times the rate of deaths from the heroin epidemic of the 1970s. In 2016, weve lost roughly 60,000 people to Drug Overdoses, more in one year than all the names on the Vietnam Veterans memorial wall. And likely that number is underestimated because much of the data will not be in until the end of this year, 2017. Its staggering. For every fatal overd
Slightly in the european markets for this thursday morning. The tenyear note yield crossed that 2. 5 level and now 2. 572 is where we find ourselves with wti firmly above 50 a barrel as well. Lets get to our road map this morning. And it starts with the markets. Of course we are still on 20,000 watch for the dow. Lots of data as well to digest this morning. And in president elect Donald Trumps meeting with defense ceos, what did boeing and lockheed say . And what are they saying now . And two more names familiar to the cnbc audience named to trumps team, carl icahn and Peter Navarro both set to join as advisors to the president elect. The economy grew faster in the Third Quarter than the government originally thought. The final reading up 3. 5 , that is the fastest pace in two years, better than the previous estimate of 3. 2 growth. The data comes as the dow continues of course to take aim at 20,000, jim, weve been ever so close. Ive been monitoring it from my few days off, but we didn
One is that in 2006 we couldnt afford it right now with the same budget that we could afford if by 2011. I was off a couple of years by the breaking point but now we are well above the breaking point and we can implement the plan that i present in the book for less money than we have in transfers and that situation is going to get dramatically worse if you want to think of it that way over the next several years because we do have rising entitlement costs and we can pretty confidently into the future and see budget deficits that are extremely serious, and i would say one way or another there has to be major reform. Congress isnt due major reform unless it has to and i think it will absolutely have to. That is one reason. The second reason is that much more than in 2006, i am aware of a huge shift thats taking place in the job market and its ten or 20 years down the road. Theres trucks and Driverless Cars within a decade. And in just the sheer numbers and the nature of the changes are i
And, of course, he got four appointments. Richard nixon was a very lucky man. He got burger first, powell and rhenquist all within the first three years of his First Administration and that changed, enabled the reversal that we see in the burger courts. I was signing books last week in the annual convention and a judge who i wont name, a judge known to all of you saw the stack of books and said, the burger court, nothing much happened in the burger court. I said read the book. [inaudible conversations] the change the moderator is an indication that generally enjoyed talking to each other about issues about which we disagree and i dont know the extent to which we disagree. It is good that you do because otherwise this would be pretty boring. The topic is universal basic income, and i published a book on this in 2006. I had been interested in the concept since the 1980s and i republished a revised version of the this year for a couple reasons. One is in 2006, i was doing well, couldnt af