4.8 • 1.9K Ratings
🗓️ 12 March 2024
⏱️ 29 minutes
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[EU S14 E10] Debris From A Declining Empire
This week's episode of Economic Update we discuss we discuss United Kingdom politician George Galloway by-election victory, and the raised minimum wage in UK. We will comment on Elon Musk's lawsuit against the NLRB, as Trader Joe, Starbucks, and Amazon also join to ask right-wing Supreme Court to gut regulation of business. We then look at US protectionism as the Biden administration raises tariffs on Chinese electric vehicles, in an attempt to keep Chinese EV's from US markets. Then in labor news we discuss Starbucks’ negotiations with unions and how Michigan’s legislature killed "right-to-work" law after 58 years.
Finally, we have an Interview Richard RJ Eskow on the current decline of the “US Empire”. Richard Eskow is a journalist and host of The Zero Hour. a syndicated radio and television program. A lead writer, speechwriter, and editor for Bernie Sanders’ 2016 campaign, he was also a featured columnist at The Huffington Post. He worked for years in the corporate world, with governments and with multinational organizations as the World Bank, specializing in healthcare financing, policy, and information technology.
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0:00.0 | Welcome friends to another edition of Economic Update, a weekly program devoted to the economic |
0:16.4 | dimensions of our lives and those of our children. |
0:20.4 | I'm your host, Richard Wolf. I want to begin as I often do now by reminding you |
0:26.6 | that we have a volunteer, Charlie Fabian, able and willing to receive whatever |
0:32.1 | suggestions you have for segments of this program, |
0:35.9 | topics to be covered, and so on. You can reach him at Charlie. info38 at gmail.com. |
0:46.2 | Today's program is enjoyable especially for me |
0:49.3 | partly because we're gonna be interviewing |
0:51.9 | the speech writer for Bernie Sanders presidential campaign, |
0:56.5 | Richard R.J. Esco in our second half, but also because of the personal connections I have with the first of our economic |
1:06.8 | updates. And that one is about an election victory for Parliament in Great Britain. |
1:13.4 | George Galloway won the election in the Rochdale District. |
1:19.8 | I've been on George Galloway's television program many times. |
1:26.4 | He is a remarkable political activist in Great Britain. |
1:30.8 | He's run and served in Parliament before. But here's why his victory in the |
1:36.4 | Rochdale election, and he will be going to Parliament representing that district, is interesting for several reasons. |
1:46.3 | First George Galloway is a socialist, has been for a long time, is a critic of British capitalism and the governments that it has, both in the Conservative |
1:58.6 | Party and the Labour Party, especially under leaders like Starmer Now. |
2:06.8 | But perhaps most important is to look at his vote. |
2:10.4 | George Galloway, running on what he calls the Workers' Party, which is active across England, |
2:17.0 | got more votes than the Conservative and Labour Party combined vote. |
2:25.0 | Let me say that again. |
... |
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