Page 16 - Eric Lowe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

in employment, okay, and one final point is that the data on employment are very much at odds with the data on income right now. employment is growing at a pretty rapid pace. income has been surprisingly depressed. although the revisions are starting to come in upward. historically there's been an average of something like 2%, 3% points upward recision to income over time. >> we're going to have audience questions as well. we better get on to another question. >> i just want to very quickly, you mentioned capital spending and that's actually an important point and it ties to dr. pall...

terms of replacement of bank executives and bank boards. there was a lot of symbolism -- [ applause ] that would have made a huge difference, witness the audience reaction, in terms of how it wbt down with the public at large. the second is that there's still a lot of discussion about the undertone of the dead beat borrower. it's now much more complicated than that. the people who really took out the mortgages, the teaser loans, a lot of those have already been foreclosed those op those were the resets were in 2007-2008. a lot of the people are gone. the people who were losing their ...