Alternative Visions

Alternative Visions - Is the US Economy Deteriorating? + Is Trump Really President? - 05.05.17


Listen Later

Jack Rasmus looks at some contrarian negative indicators that the US economy is stumbling: reports show productivity and fixed investment are nearly stagnant. Bank loans in 2017 are growing less than 3% compared to 10% in 2014-16, retail sales are negative last two months, the worst since 2010. Auto sales are declining three months in a row, worst since 2008. US labor force participation rate indicates 10 million fewer employed today. In the 25-54 age group, for every one worker looking for a job, three have dropped out. Monthly job creation continues its slowdown, averaging now only 150,000 a month—with no growth in manufacturing, construction, and government employment.  In the second half of the show, Jack discusses the theme ‘Is Trump Really the President?’, or just a figurehead spending his evenings tweeting and days signing Executive Orders, giving tours of the white House to friends, and interviews to reporters? Trump’s 100 days record with 180 degree reversals from ‘populist’ election lies to his latest ‘about face’ on NATO, free trade, China, Mexico wall, bringing back jobs, Putin, and all the rest. Rasmus compares and comments on the quality of US presidents from Nixon to Trump.
...more
View all episodesView all episodes
Download on the App Store

Alternative VisionsBy Progressive Radio Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

25 ratings


More shows like Alternative Visions

View all
Economic Update with Richard D. Wolff by Democracy at Work, Richard D. Wolff

Economic Update with Richard D. Wolff

1,979 Listeners

The Corbett Report Podcast by The Corbett Report

The Corbett Report Podcast

918 Listeners

Progressive Commentary Hour by Progressive Radio Network

Progressive Commentary Hour

118 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,197 Listeners

The Katie Halper Show by Katie Halper

The Katie Halper Show

1,482 Listeners

The Duran Podcast by The Duran

The Duran Podcast

602 Listeners

Gerald Celente - Trends in the News by Gerald Celente

Gerald Celente - Trends in the News

252 Listeners

Bannon`s War Room by WarRoom.org

Bannon`s War Room

16,985 Listeners

Book Club with Jeffrey Sachs by Jeffrey Sachs

Book Club with Jeffrey Sachs

149 Listeners

Judging Freedom by Judge Napolitano

Judging Freedom

886 Listeners

System Update with Glenn Greenwald by Rumble

System Update with Glenn Greenwald

1,181 Listeners

Geopolitical Economy Report by Ben Norton

Geopolitical Economy Report

302 Listeners

Multipolarity by Multipolarity

Multipolarity

40 Listeners

The Chris Hedges Report by Chris Hedges

The Chris Hedges Report

333 Listeners

Daniel Davis Deep Dive by Daniel Davis

Daniel Davis Deep Dive

63 Listeners