President elect biden good afternoon. Today, im very proud to be announcing our health care and covid team at a critical time, as we near the end of one of the toughest years weve faced as a nation. More than 285,000 dead americans because of covid19, and counting. Last week, covid19 was the number one cause of death in america. Of covid19 and counting. Last week, covid19 was the number one cause of death in america. For black, latino and native americans, were nearly three times as likely to die from it, covid19 is a mass causality. For families and friends left behind, its a gaping hole in your heart that never will be fully healed. As a country, weve been living with this pandemic for so long, were at risk of becoming numb to its toll on all of us. Were resigned to feel that theres nothing we can do. And we cant trust one another. That we must accept death, pain and sorrow. Were in the midst of this deadly pandemic that has infected almost 15 million americans. 1 out of every 22 peo
Election demonstrates is that 5 of the Congress Building in guatemala is capital angry over cuts to health and Education Services and in sport. Rafa nadal his quest for his 1st ever a. T. P. Finals title has ended. A 20 time grand slam champion was stunned by russias Danielle Medvedev at the season and examined. We begin this news hour in ethiopia, where Government Forces say they plan to encircle the capital city of the northern tier, a region with time and then seize it. Mckelway is controlled by the Peoples Liberation front Government Troops launched an offensive on the group this month. Now the Reuters News Agency is reporting that the t. P. I. Left says its Standing Firm and has destroyed roads and bridges to stop the government advance. 100. 00 ad is in for more on the fighting for us and mamma tell us about the advances that the government says its making. In t. Gray. When more on Government Forces vans in on the city of from the north, south and west than parts. And they say to
Washington coming up the numbers are in the United States took a major hit to its g. D. P. In the wake of the coronavirus dropping more than 30 percent annually straight ahead we analyze the extreme drop and the state of the real economy here in the u. S. Plus a big texas seeing an influx of antitrust cases as tech tensions continue to rise across the globe later on in the show where to take a look at the cases and whats at stake moving forward with a packed show today so lets dive right in. And we lead the program with the latest Economic Data out of the United States the Commerce Department reported wednesday Gross Domestic Product fell by a record 31. 4 percent in the 2nd quarter of 2020 now the number was a slightly better than the 31. 7 percent decline projected in august the contraction was more than triple that of the previous record holder of 10 per cent in the 1st quarter of 1958 now economists back substantial gains in the 3rd quarter as. Millions of americans have gone back
This is boom bust one business show you cant afford to miss friendship or in washington coming up the numbers are in the United States took a major hit to its g. D. P. In the wake of the coronavirus dropping more than 30 percent annually straight ahead we analyze the extreme drop and the state of the real economy here in the u. S. Plus a big texas seeing an influx of antitrust cases as tech tensions continue to rise across the globe later on in the show where to take a look at the cases and whats at stake moving forward with a packed show today so lets dive right in. And we lead the program with the latest Economic Data out of the United States the Commerce Department reported wednesday Gross Domestic Product fell by a record 31. 4 percent in the 2nd quarter of 2020 now the number was a slightly better than the 31. 7 percent decline projected in august the contraction was more than triple that of the previous record holder of 10 per cent in the 1st quarter of 1958 now economists suspec
Added 749000. 00 jobs in the month of september according to payroll firm a. D. P. A. D. P. Reported the sectors that gained the most jobs were trade transportation and utilities followed by manufacturing than leisure and hospitality which has just been decimated by the cove in 1000 pandemic and the health and Education Services sector so what does this all mean for the overall state of the economy and the prospects of a recovery lets go ahead and get some expert analysis from professor Richard Wolfe author of the sickness is the system and capitalism fails to save us from pandemics or itself and boom bust cohost christi i thank you both for being here professor wolf i want to start with you many people still believe that this rebound is still intact and that the 3rd and 4th quarter will swing back and expectations are that the economy will expand at an annual rate of 30 percent as businesses have reopened and millions of people have gone back to work as we just mentioned now do you se