Pennsylvania v. Trump / Stocks Through the Stratosphere
PA Attorney General Josh Shapiro / Donald J. Trump
On the Tuesday October 17th, 2017 edition of WITF’s Smart Talk:
Earlier this month, President Trump relaxed an Obama-era mandate that prevented employers from restricting access to birth control through health insurance. Pennsylvania Attorney General Josh Shapiro is suing Trump as a result. “Millions of women could be denied needed contraceptive care against the advice of science, public health and medical professionals,” he announced at a press conference at the Planned Parenthood Southeastern Pennsylvania clinic in Philadelphia. “The federal government – under the direction of the Trump Administration – broke the law and undermined the health and economic independence of American women.”
Shapiro is filing another lawsuit against the administration – this one regarding Trumps’ plan to stop payments of cost-sharing subsidies aiding low-income Affordable Care Act beneficiaries. Shapiro joins seventeen other states suing Trump over perceived sabotage of the ACA.
More than 426,000 Pennsylvanians receive healthcare coverage from the ACA exchange. The AG spoke to Pittsburgh’s KDKA, saying “. . . of that number, about 233,000 Pennsylvanians get a direct benefit from these so-called cost sharing subsidies.”
On the Tuesday edition of Smart Talk, we’ll discuss thethe legal actions with AG Shapiro and how he feels these decisions could impact Pennsylvanians.
Also, since March of 2009, the stock market has seen 103 straight months of growth. Neither continuing wars, hurricanes, nor a chaotic presidential campaign and subsequent Trump Administration have registered even a negative blip on Wall Street tickers.
We’ll discuss the record-breaking trending in the financial sectors and what it means for investors and the national, state and regional economies with Tim Decker, President of the ISI Financial Group in Lancaster.
Tim Decker – President, ISI Financial Services
Smart Talk encourages you to join the conversation by calling the program at 800-729-7532 or via email at smarttalk@witf.org. Follow us on twitter at @SmartTalkWITF.
emails
for AG Shapiro:
– Thank you to Attorney General Shapiro for standing up for women’s reproductive rights. It’s not appropriate to place the financial burden for reproductive health on the shoulders of women alone.
Consistent with this position, paid parental leave for mothers and fathers is so important to achieving equality in the workplace. The AGs office has zero paid leave. Is this something your office is looking to change? – Brigid, Camp Hill
The markets continue to increase based on the promises of tax reforms by our president. Should one of the reforms not pass do you feel as though the market will still increase on the earnings? – Eric
– As Tim stated, many people have been scared off by the last correction of the Dow going from 14,000 to 6,500 and are fearful of what the next correction could mean. Does the current Bull Market from 2009 to now foretell anything about the next correction. – Tom
– I believe we primarily vote with our dollars. If you’re suggesting investing in just large companies, how do you become an ethical investor and still make money? Our financial advisor sent us a portfolio of stocks that he thought were ethical, but large pharmaceutical companies were not what I had in mind… – Stephanie, York
– Do you have any general advice for individuals contemplating retirement in the next two to three years, given what you have observed about the current stock market cycle? – Ann
