Friday’s monthly job numbers were devastating, showing that 20.5 million Americans lost their jobs in April — and the report only covered half of the month, leading the experts to believe that next month’s numbers could be even worse.
Are we officially now in a depression?
That’s one of the questions I put to Stephanie Kelton, Modern Monetary Theory expert, professor and author whose new book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, will be released on June 9. We’ll begin the show with a look and listen to some of what happened yesterday as the Supreme Court (and we) heard a few cases on whether Donald Trump, as president, is above the law, and in the Senate where Dr. Fauci and others testified before the HELP committee about the Covid-19 crisis and the nation’s response.
Today’s funny was yet another parody from the Founders Sing. This time, they take on Bill Barr by way of Paul McCartney…