Polling at just one percent in nearly all the major early 2020 presidential polls, Congressman Tim Ryan (D-Ohio) is hoping to break through on the debate stage Wednesday night by portraying himself as the one leader who faced hardships similar to most Americans.
"I'm just going to be myself. I know who I am, and where I come from, and I want to share that with the American people," Ryan told Cheddar at Rep. Jim Clyburn's "World Famous Fish Fry" in Columbia, South Carolina on Friday night.
A self-described capitalist, Ryan's 2020 stump speech has been for the worker. The district Ryan has represented for eight-terms, Ohio 13, is located in the northeast portion of the state, and includes working class, auto manufacturing cities like Lordstown and Youngstow, both of which have been crushed by changes in the industry. Ryan drew parallels between his constituents and the South Carolinian voters at Clyburn's event.
"This is a working class state, and our motto is 'JOBS, JOBS, JOBS,'" Ryan said. "I mean the best social program is a job, and we want to start building things again, and the communities I represent like Youngstown, Ohio look a lot like South Carolina."
In March, Ryan's district was hit hard when a massive GM manufacturing plant shuttered in Lordstown with nearly 1,700 hourly workers being sent home without a plan in sight.
But these hardships might help a presidential candidate understand the reality Americans face in 2019. Ryan wants to increase U.S. investment in electric vehicles and solar energy as a way to both go green and drive job growth.
On the debate stage Wednesday, Ryan intends to discuss what he has overcome (or is in the process of overcoming) as a way to level with the American people. "I come from a community that has seen job loss, has seen an opioid epidemic, that has seen an infant mortality epidemic, and the next president has got to deeply understand what the American people are going through."
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
