Sen. Roland W. Burris (D-Ill.) says Wednesday on the Senate floor that a public option plan would spur innovation in the health insurance industry. (0:51)

 

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By Michael Ruhl, University of New Mexico – Talk Radio News Service

Correspondent Michael Ruhl reports on the recent release of the unemployment statistics for March.

Long segment: (01:00)
Short segment: (00:32)

 

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By Michael Ruhl, University of New Mexico – Talk Radio News Service

Bureau of Labor Statistics Commissioner Keith Hall testifies before Congress on the nation’s unemployment numbers from March 2009, and how the recession has affected employment.

Hall said that unemployment numbers have climbed from 8.1 percent to 8.5 percent, and that the industries hardest hit are manufacturing, construction, and temporary services.

(00:34)

 

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By Michael Ruhl, University of New Mexico – Talk Radio News Service

A day after President Barack Obama’s budget was passed by a Congress boiling with partisanship, the Bureau of Labor Statistics released a report showing unemployment at its highest since 1983. There are now 13.2 million Americans out of work.

The pouring rain in Washington mirrored the sobered mood in the room, as the Joint Economic Committee heard the testimony of Keith Hall, the Commissioner of the Bureau of Labor Statistics.

March was one of the worst Months on record for unemployment, and when asked outright, Hall told the committee that there were no “bright spots” in the report.

National unemployment climbed to 8.5 percent in March, rising from the level of 8.1 percent in February and 7.6 percent in January.

Hall said that two-thirds of the job loss has happened in the past 5 months. Every state is in recession for the first time in 30 years, according to Carolyn Maloney (D-NY).

Official unemployment numbers do not encompass underemployed Americans or those who have officially left the workforce. It is reported that 16 percent of the country is out of work or underemployed. One in four of those unemployed have been out of work for more than six months, and of those, half have been looking for work for over a year, Hall said.

Maloney highlighted that last month, 8,000 jobs were lost in the news publishing industry. Those losses total 70,000 job cuts since Dec. 2007, Hall said, adding that most job losses have been see in the manufacturing, construction, and temporary services industries. The only area to see any growth in March was the Healthcare industry, Hall said.

Ranking Committee member Senator Sam Brownback (R-KA) noted that the impact of the ongoing recession was not severe for almost a year after it began in December 2007. Brownback attributed recent dramatic jumps in job losses over the past five months to the lockup in the credit markets and the government bailouts that followed.

The Federal Reserve believes that unemployment will peak at 8.8 percent this year, but Ranking House Committee Member Kevin Brady (R-TX) said that the unemployment rate is already higher than what the administration anticipated for 2009. Brady said that the Obama Administration’s “optimistic assumptions” would not get the country out of its current mess.

President Obama’s Economic Stimulus package was passed by Congress earlier this year, and saw an unprecedented amount of money placed into public works meant to put people back to work. Obama has pledged the legislation will save or create three to four million jobs over the next two years.

Read the report here: Bureau of Labor Statistics Report

By Michael Ruhl, University of New Mexico – Talk Radio News Service

Former presidential candidate and long time consumer rights advocate Ralph Nader talked with Michael Ruhl to discuss the status of his lawsuit against the Democratic National Committee (DNC). This was immediately following the circuit court argument for Nader vs. DNC. Nader claims that he was harassed and burdened in 2004 presidential election by the DNC, in what he calls “an abuse of the legal process” and malicious prosecution. In this interview, Nader explained background of the case, and the case’s current status. He said, “there is no other western democracy that comes close to obstructing voters and obstructing candidates as is the case in our country.”

Nader also spoke about the two-party system, and the effect that his case has on future third party candidates in the presidential process. He said that his case is designed to draw boundaries, to make sure that third party candidates can exercise their First Amendment rights. Nader also referred to the issue as one of democracy, because he said in limiting ballot access, one is truly limiting the right of the people to decide who they want to represent them. Nader called for national ballot standards, instead of ballot standards which vary state by state. He also advocated instant runoff voting and public funding of public campaigns.

Nader said that the two-party system is not allowing third parties access to the higher tiers of federal government, and this two-party system is moving gradually to a one-party system, where gerrymandered districts make reelection almost certain for many members of Congress. He called this a system that can be rented by the rich. In spite of the stronghold that the two parties have on the system, Nader said that he has talked with several members of Congress who may be interested in helping to move legislation on election reform. He mentioned by name: John Conyers (D-Mich.), Ron Paul (R-Texas), Dennis Kucinich (D-Ohio), and Jessie Jackson, Jr. (D-Ill.). He anticipates this reform effort to be difficult, because as he said, “the foxes are guarding the chicken coop.” Nader seems ready for a fight.

(08:50)

 

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Jay Goodman Tamboli speaks with Congresswoman Bean (D-Ill.) about the Recovery Act. (5:33)

 

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Pennsylvania Governor Ed Rendell reacts with sadness to the arrest of Illinois Governor Rod Blagojevich, remarking that it is a “sad day” (0:30).

 

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Meredith MacKenzie speaks with Rep. John Shimkus at the House Republican Radio Row about the flooding in southern Illinois and the Republican energy agenda. (4:12)

 

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