Washington Week Show - # 4207
Washington Week Show - # 4207
Washington Week Show # 4207 - Economic Landscape, Midterm Elections, Transportation Woes. Hosted by Gwen Ifill, with guests Jeffrey Birnbaum, Jeanne Cummings, John Harwood, Richard Berke. Composite footage (unclean) with Washington Week title and text: United States Securities and Exchange Commission sign; President George W. Bush shaking hands at economic meeting; Wall Street analyst looking at paperwork; Pan World.com sign; money and coins in cashiers drawer; stock brokers; aerial of parked commuter train; travelers looking at departure / arrival monitors at airport; United Airlines sign at terminal; American Airlines jet taking off.
Washington Week Show - # 4207
U.S. Secretary of the Treasury Paul O'Neill stating, "I think it's slow. It's slow but we're still in the positive side and I continue to believe we're going to go out the end of the year with a respectable growth rate in the 3% range." Jeffrey Birnbaum of Fortune Magazine talks about the economic warning signs that are beginning to show and goes into details on the current anemic economic numbers.
Washington Week Show - # 4207
Jeffrey Birnbaum of Fortune Magazine explains what the President's economic advisers are telling him, what their views are in this "going nowhere" economy, and if there may be the possibility that certain economic officials will be replaced.
Washington Week Show - # 4207
U.S. President George W. Bush saying, "For the good of our economy, for the good of the people who pay taxes, my administration will spend what is truly needed and not a dollar more." Jeanne Cummings of The Wall Street Journal discusses the purpose behind the President's appearance at the economic conference at Waco and how it was carefully orchestrated. She notes that the President also was sure to make his demands to Congress to have a scapegoat if the economy does take a downturn.
Washington Week Show - # 4207
Jeanne Cummings of The Wall Street Journal gives her sense of President Bush and Vice President Cheney's engagement in economic policies.
Washington Week Show - # 4207
Gwen Ifill on campaign battles that highlight corporate corruption.
Washington Week Show - # 4207
John Harwood of The Wall Street Journal reports on the current trend of campaign ads highlighting involvement in corruption, and why these kind of ads are now in vogue, especially Democrats against Republicans. The irony of some ads attacking big business connections is that they are funded by other big businesses.
Washington Week Show - # 4207
Gwen Ifill mentions that $6 million has been spent on political attacks ads targeting corporate corruption and candidate business connections, and that number is projected to go up to $50 million. John Harwood of The Wall Street Journal wonders if this becomes a double-edged sword if or when the U.S. Chamber of Commerce comes to a candidate's aid over business ties.
Washington Week Show - # 4207
Gwen Ifill segues into new segment about troubles in the transportation sector, specifically Amtrak and major airlines. Richard Berke of The New York Times goes into detail about Amtrak and general train issues (infrastructure and money problems).
Washington Week Show - # 4207
Richard Berke of The New York Times lists the issues facing major airlines (Chapter 11 bankruptcy, scheduled rollbacks, job losses) and the possibility of a federal bailout.
Washington Week Show - # 4207
Gwen Ifill announces Senator Fred J. Thompson's role as District Attorney on the NBC television program "Law and Order."
Washington Week Show - # 4207
Gwen Ifill thanks her guest panel, wraps up the show. Credits roll.