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Transcripts For MSNBC PoliticsNation 20240706



politicsnation. we are following a breaking news story, a suspected chinese surveillance balloon has been shot down off of the carolina coast, just a few hours ago. the president confirming that he gave the order earlier this week but the military waited until the balloon could be down safety the government is now collecting the balloons remains from u.s. waters. the news comes after the faa partially shut down airspace and the region earlier today. we are bringing the latest on this breaking news story as details a marriage. and i have talked to the ranking democrat on the house intelligence committee about whether americans should be worried. that isn t just a minute but first, tonight s lead, boosting black voices. right, now democrats are gaming out with the next two years will look like for the party as expected earlier today. the dnc voted to reorder democrats presidential primary schedule. elevating south carolina to lead off of that schedule. with other racial ....

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Implementation And Transmission Of Monetary Policy, Federal Reserve Governor Philip N. Jefferson, At The H. Parker Willis Lecture, Washington And Lee University, Lexington, Virginia

<p><span>Thank you very much for inviting me to be part of the H. Parker Willis Lecture Series. As you know, Dr. Willis was a distinguished professor here at Washington and Lee University. Among many other accomplishments, he helped create the Federal Reserve System. He served as the first secretary to the Federal Reserve Board from 1914 to 1918 and later as the first research director.</span></p> ....

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Transcripts for MSNBC PoliticsNation 20240604 22:05:00

You blow it out of the sky and it lands on hard ground, you will have a hard time re-assembling it. figuring out exactly what it, knows what it does, what it is capable of. the fact that it went on over, water where we are in a position probably to preserve it better than if it had been in a flaming crater over montana, again i think it was just a textbook treatment of what was face, it pretty uncomfortable moment. now for the last few days, speaker kevin mccarthy another top republicans in congress have hammered the biden administration over the chinese bloom. arguing that the incident is a sign of white house weakness towards china. are these legitimate concerns or just politics as usual. well, rev nothing joe biden can say or do that is not going to draw criticism. i m sure we will hear criticism that we are shutting down the missile, who knows. you can i both know whatever joe biden, does the republicans are going to attack him for. it what i will tell you is that many of them ....

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Why Biden and Krugman Are Wrong about the $15 Minimum Wage


President Biden claimed during his Super Bowl interview that “all the economics show” that if the government imposes a $15 minimum wage then “the whole economy rises.” For his part, Nobel laureate Paul Krugman has claimed for years that “[t]here’s just no evidence that raising the minimum wage costs jobs, at least when the starting point is as low as it is in modern America.” Is this really possible? Are all of the free market fans on the internet just spouting unscientific nonsense when they argue that a minimum wage hike will hurt unskilled workers?
The quick answer is no; Biden and Krugman are wrong. Although the empirical evidence regarding the minimum wage is not the slam dunk it once was, the studies that find a modest impact on employment couch their results in terms of a ....

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