Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Republicans should be willing to take a couple hundred billion dollars more
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
An ancient treasure trove, dating back more than 2000 years. So the conflict in ethiopia is not only escalating but widening with the leader of the to greater region confirming that his forces have launched attacks across the border on the eritrean capital. At least 3 rockets have been fired. 2 of them hit the main airport in us mara. It follows earlier, threats by the to great Peoples Liberation front. One can mr. We will conduct missile attacks to full military movements in misawa and a smart one. We will undertake every other kinds of measures to full efforts to subjugate the take rate people inside say, gray, or other places with them. The t. P. L. F. Is fighting against Ethiopian Government forces. Prime minister abi ahmed launched a military campaign in the take grey region 11 days ago. He says the campaign is going well to great leaders eventually admitted that they will strike the fighting has sent thousands of civilians fleeing into neighboring sudan. There are reports of mass
Want to say hello you recognize somebody else in the room thats the place to do that. If you have a question at any time during this evening you will see below our speakers here at the ask a question button simply tap on the button at any point when a question occurs to you you can type in that question you are not disturbing anybody else. Another interesting part of the ask a question button you can look and see what other people have asked. Finally, one other button here thats important to us that the book stall it says by the book here. Click on that and in the evening or after the event is over thats a button you can click that takes you right to our website where you can purchase a copy of chicagos great fire. Big box Stores Like Amazon and target and walmart are all doing really well right now in this pandemic, the places that arent doing so well and struggling are small indie bookstores. We are really grateful to you and your book purchases keeping us able to bring you this free
Suspending ant Group Listing major issues, this is days before the largest ipo of all time well give you the latest details. And social Media Election strategies how facebook and twitter aim to tackle misinformation on their platforms as voters head to the polls and beyond whatever beyond means, carl. David, thanks guys, were going to be talking all day and all night about arizona, florida, georgia, North Carolina, jim, goldmans got a note out just now saying because it would be difficult if the president does not win any of those states, quote, there is a good chance the election outcome will be clear on election night. Right, i think that thats what the market is saying. So the collectionive voice of the market, both yesterday and not just the morning, but when the nasdaq rallied in the afternoon and today with the futures, people say, we cannot afford after last week with the market being down, we cant afford to wait for the outcome we have to presume the outcome is going to lead to