Extension. If the president signed that . The im not sure that anybody knows what the outcome of the situation is going to be. We saw the speaker of the house going on television over the weekend to declare that he is certainly comfortable with not funding the department of Homeland Security. I am not sure what kind of an of general mlss leads to that conclusion. And im not sure that its in the best interest of the vote tabulation that i can see. But yet he said that its on the left. And i think that does raise some questions about whether or not this new governing public and majority in congress is committed to actually being responsible in acting at the best interest to get one of the things he said at the end of last year was one of his goals was to make sure that Republican Leadership didnt appear scary to the american people. He was setting the bar really low. It looks like right now they are prepared to wiggle underneath the bar. We are going to see what should emerge as a plan f
Inequality. If you look at what actually happened to people, a lot of what matters, they are aftertax income and weve had substantial tax cuts in middleclass families, make tax cuts permanent that are worth thousands of dollars a year, had additional tax cuts for the areas like the itc and Child Tax Credit and on top of that you have the Affordable Care act. When you take all that into account, the policies of this administration have substantially reduced income inequality relative to what you otherwise would have had. In terms of the underlying trend in the economy i think that challenge is to with this and their dynamics, technology, education, globalization institutional changes, declining value of the minimum wage, all of those factors i think our continuing you know to create an underlying challenge to inequality and thats what were proposing all the steps we are for minimum wage to education to shaping globalization in terms are good for American Workers and the American Economy
The communicators is on location. This week well look at some of the new technologies coming out from ces international and talk to policymakers as well. This is the communicators on cspan from las vegas. Well now we want to introduce you to Ulf Ewaldsson with the Erickson Corporation Senior Vice President group chief Technology Officer. Mr. E waldson, before we get into what you do, just want to make the statement that erickson is not the Consumer Product corporation that it was a few years ago is that a fair statement . Guest absolutely. We are not in consumer at all. But being here at the Consumer Electronics show in las vegas you can really see how relevant networks, which we are doing, are becoming to just basically, every Consumer Product out here. Host for a while people owned erickson phones. Do you even manufacture them anymore . Guest no, we dont. Host so a more of a business to business type . Guest we are the Global Leader in infrastructure for networks where we provide bot
Is that a fair statement . Absolutely. We are not the Consumer Product at all. But being here at the consumer electronic show in las vegas you can see how Relevant Networks which we are doing, is becomes important to every Consumer Product that wants to be connect connected. For a while people owned ericsson phones. But do you manufacture phones . No we dont. It is more businesstobusiness . What we do is we are the Global Leader for infrastructure for networks and provide infrastructure and Telecom Services and services for operators. So that is the business we are in basically. What is ericsson demonstrating here . What are they putting on the floor . First of all the main message for us is to make sure everyone who is out there is showing the different project and Consumer Device and things they have build that want to be connected and benefit from being connected over very good networks. Of course we are showing l g products andilate es latest and Great Depression est systems why ar
I wish it were. I wish we are having a real conversation about what that means. Because what that means in my view, is that we will do even as they maintenance of effort we have been doing. But i think devolution means we will be doing less. Less of maintenance, less of new capacity building. And look you look around the globe, there are countries that are experiencing population declines. And maybe thats a deeper stretch for country, or declines in the amount of commercial goods movement. But we are expecting expansion increases in both of those areas. And so its like what do we get about this . It is not, i promise there will be more expensive for us to doddle around for years and years and years and it would be to just bite the bullet, develop a strategy, stick to the strategy, a now because its going to be a lot cheaper than trying to pay later. I had a conversation with secretary duncan a lot because i think education interest petition have a lot in common. In the sense that they