The u. S. And the consumer at times. And did somebody say recession . Let us talk about these issues with larry kudlow. Please welcome them. [applause] hello, larry. Please take a seat and make yourself comfortable. Let us jump right into it as we have a lot of news this morning. They pelosi Just Announced democrats and administration have reached an agreement on the deal. Exicocanada how good is this for the rest of us . For the u. S. Economy . Will this make a difference . And is it any better than nafta . Mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. Particularly in some important new economy ways. The way this was designed by ambassador like kaiser ambassador robert lighthizer, in a bipartisan sense, you have domestic content and labor issues which have been resolved. You also have new economy issues in particular intellectual Property Rights which have never been put in one of these trade agreements before. I think financial and Di
President of the United States of america. We are showing the progress that we have made in this country. Like many of you, i know the promise of america. My grandmother came here when she was seven years old as an immigrant from mexico. Just two generations later, one of her grandsons is serving in they United States congress and the other is running for president of the United States. [indiscernible] fighting for the victims of police brutality. Fighting for those who have been let down. Watching that image it is heartbreaking. It should also piss us all off. My plan also includes getting rid of section 1325, to go back to the way we used to treat this, when somebody comes across the border, not to criminalize desperation. This president is caging kids at the border and effectively letting isis prisoners run free. After he murdered nine people worshiping at bible study without hurting him, then do not tell me that Michael Brown and ayanna jones. What about eric garner . And macdonald
Historian and others at the Texas Tribune festival in austin. [applause] thank you. Welcome. And i feel like i probably dont need to introduce my fellow panelists here, because Everybody Knows who they are. But on my left we have texas land commissioner george p. Bush who is here speaking on behalf of the bush brand. [applause] susan page is the Washington Bureau chief for usa today and author of the recent and currently, i guess, still bestselling biography of barbara bush called the matriarch. And michael beschloss, one of the wonderful president ial authors who has written so many things, so many books. I will be asking you about some of the stuff i found in my old wellworn copy of character and michael beschloss, one of the wonderful president ial authors who has written so many things, so many books. I will be asking you about some of the stuff i found in my old wellworn copy of character above all. The first thing id like to ask all of you, we lost barbara bush and george bush ju
The politicians are still on the hill for late votes, so we will do things a little differently. National holiday, so some of our competitors are still at work, the politicians are still on the hill for late votes, so we will do things a little differently. We will have the journalists compete for their champion, and when the politicians arrive they will battle it out, and the winner of each round will go headtohead to find out who is the champion. So, lets get started. Competing for the press team this year is our defending fromion, Alexandra Petri the washington post. [applause] im still smarting because she beat me last year. John donnelly of cq roll call, a long time press club member. Hey, john. [applause] f npr, myheslow o former colleague. [applause] tillman of buzzfeed. [applause] we have a buzzfeed crowd here. [laughter] cheating, she brought a second competitor. [laughter] gangitano from the hill. [applause] from theawsey washington post. There you are. [applause] eric geller
Just said, we have also seen a slowdown in u. S. Growth this year and a slump in manufacturing, a decline in business investment. From your perch, what is your outlook for the u. S. Economy in the coming year . Well, the u. S. Is in a good place. And people in this room have contributed to that. What we lave is the longest in history, expansion, lowest in the last 50 years unemployment. What we value particularly is to see that wages are going up in the u. S. And wages of lowpaid workers are outpacing wage growth on average. That is driven by productivity gains, very important to recognize, but you are right that there are issues. Manufacturing and agriculture, they are on the softer side of the economy. What we see is consumption and services being the drivers of that good growth. We see in the United States, like everywhere, prolonged periods of low Interest Rates leading to what . More leverage. Households,in the corporates. Do you see this as a vulnerability Going Forward . We see