Hitting the people that we actually wanted in San Francisco versus the corporations that buy up a lot of real estate here that are going to get a huge break with this tax deduction. Lets just hope that people have a moral conscience and thats farfetched, i know, and well pushback on this but i think that we are i mean, its hard to see what the changes might be because everything is in flux but just looking at this i think that it could really hit a lot of San Francisco, but what were trying to do to get people middleclass folks in sa San Francisco to invest in a small piece of real estate here, its going to be detrimental to that effort. Supervisor cohen definitely. Any other tax wisdom that you want to share with us . Not at this moment. Ill turn it over to cindy comerford from the department of Public Health with an update on affordable care. Supervisor cohen okay. Okay, good afternoon supervisors, my name is cindy comerford and i manage the policy and planning at the department of P
Basel iv banks regulatory information. U. S. Futures pointing higher on the back of a global rally this morning. 100 points higher for the dow. We are down about 0. 2 for the s p and the dow. Nasdaq down about a half percent. As ive said throughout the last couple of day, even though theres riskoff move in the market, were not really down this week. Were seeing big swings in the pound on the news that the uk reached a landmark brexit deal with the European Union. Lets get to cnbcs willem marx live in london with the story thats broken overnight. Willem thats right. Very early start for the british Prime Minister and the head of the European Commission and Jeanclaude Juncker, they met around 7 00 a. M. Brussels time to settle the financial bill, the irish border issue and come to an agreement on european Citizens Rights in the uk and vice versa, that seems to have been kicked down the road to phase two of negotiations. Leo varadkar, the irish Prime Minister, heres what he had to say abo
Following yesterdays rout john ferroli and dan sculley join us. Happy friday to you both a lot of debate this morning about the jobs number, and the degree to which it tilts the macro debate whats your take its more of the same, which is strong job growth, low unemployment, but disappointing wage numbers which is the story weve seen a bunch of times over the last year or two i dont think this does much to resolve the debate growth looks good. The question is where inflation is going the wage numbers dont scream out that theres a whole lot of inflation worries for the nrt nearterm. Dan, do you agree how long can that dynamic last i would say we had solid news in particular in the manufacturing jobs sector this morning. We may continue to see that as we get infrastructure announcements into january potentially some changes in capex trends as we have fiscal tax reform and tax changes the broader takeaway for our team is that were seeing a rate of change inflection in job growth going back
Officials. 2027488001 for republicans, 2027488000 for democrats, for ndependents, 2027488002. Thanks very much for being with us. Inside the opinion page of Washington Post, photograph of senator al franken, one of three public official who is resigned this week along with trent franks of alabama and john conyers of michigan. And also in the Washington Post, nbcs matt lauer, roy moore of the Alabama Senate race, bill oreilly of the Fox News Channel sch and harvey weinstein. Will the federalist website have two different points of view that we want to get your opinions on this. First from denise in mccallister. She wrote a mans character is certainly a factor in the quality of his governors but when the sins are governance, but when the since are personal n nature, host you can read the full essay by the federalist website. And theres this from georgey borman if a politicians personal life doesnt matter for voting, why even voice support for those values at all . Going on to say im not
Work available at washingtonpost. Com and moana who is a senior chairman at the Ethics Center and indicated syndicated columnist. Having worked for jack kemp does the tax bill moving to the senate have mirrored what jack kemp would have wanted. In many ways no. The tax bill has a feeling of desperation about it that was simply necessary to pass something and so they went for arbitrary corporate levels and for me the biggest disappointment in the big the bill, there are many good things but the disappointing part of it was mike lee and marco rubio proposed they just drop the corporate rate from 35 to 20 and with the savings they got there they get added benefits to families raising children and they didnt go for that. I thought that would have been the kind of tax reform that would have really touched the lives of a lot of people who need it desperately. It is, it feels more like just standard republican, you know, cut taxes for businesses and it will create growth about which im not ho