The Breakdown | Explaining Southern California's economy
Business & Economy

DeBord Report on 'America Now with Andy Dean,' June 29 edition

Listen in to last Friday's economy report on "America Now" with the always engaging and on-the-ball Andy Dean. He's a conservative to be sure, but a thinking conservative. So we start out with a pretty nuanced discussion about the Supreme Court decision upholding a key provision of the Affordable Care Act (but giving the states' the right to decline federal money for an expansion of Medicaid without losing their current Medicaid funding). Then it's on to poverty and why we might be creating a permanent underclass in the U.S. by supporting the poor to the extent that they have a disincentive to work harder and become more self-reliant. I disagree that that's what happening — in fact, I think that we're squeezing the middle class and pushing more people into circumstances where they need public assistance to make ends meet, buy food, etc.

Finally, the tragedy of Research in Motion, maker of my beloved BlackBerry but lately just hammered by the stock market and trading at a fraction of its once-considerable valuation. Sad. It will probably be sold for parts in the next year or so.

And, as always, tune in live on Friday at 4 p.m. Pacific Time to hear Andy andy myself hash it out. BUT NOT THIS FRIDAY! The "America Now" crew is taking a break, appropriately enough during American Week.

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