Today Nelson Lichtenstein presenting his book a fabulous failure the Clinton Presidency and the chance formation of american capitalism. Professor lichtenstein, Research Professor in the department of history at uc santa barbara, where he directs the center for the study work, labor and democracy. He is the preeminent 20th century historian of u. S. And is the author or editor of 18 books, including the most dangerous man in detroit. A biography of the uaw leader walter ruther. And also state of the union a century of american labor, which i commend to anyone to understand the Labor Movement in the century. He has served on the editorial of numerous journals and writes frequently the popular press as well for academic journals and is the recipient of too many awards and fellowships for me to enumerate. Im also delighted to introduce alex hurdle fernandez, who will serve as the discussant today. He is associate professor of International Public affairs at columbia university, where he a
Presenting his book a fabulous failure the Clinton Presidency and the chance formation of american capitalism. Professor lichtenstein, Research Professor in the department of history at uc santa barbara, where he directs the center for the study work, labor and democracy. He is the preeminent 20th century historian of u. S. And is the author or editor of 18 books, including the most dangerous man in detroit. A biography of the uaw leader walter ruther. And also state of the union a century of american labor, which i commend to anyone to understand the Labor Movement in the century. He has served on the editorial of numerous journals and writes frequently the popular press as well for academic journals and is the recipient of too many awards and fellowships for me to enumerate. Im also delighted to introduce alex hurdle fernandez, who will serve as the discussant today. He is associate professor of International Public affairs at columbia university, where he also serves as vice dean fo
We have followed that policy. And we never said that it was a target, which we would i understand that. I appreciate the kauvcaveats. Youre very good at caveats, i appreciate that. That brings me to my second point. A full six and a half years after the recovery, as you acknowledged there is slack in the labor market and there are significant weaknesses in the labor market, in the overall economy. In fact, a recent investors business daily article said the over all group has been 13. 3 . Thats less than half the average growth rate in the previous ten recoveries since waurld world war 2. If it had been average, gdp would by had 1. 9 trillion larger today. You recognized this in your report saying the measure of labor under utilization remains relative. That would explain why youve invoked that caveat and havent raised the rates even though you came below that 6. 5 . I understand the analysis. Lets talk about the cause of that underlying weakness. Its clearly not Monetary Policy from th
Be militarily defeated without being treated in the homebase and so this fight eventually has to go over the iraqi border not odd. [inaudible] you dont really expect to defeat them . But there are ground forces. [inaudible] we have are the spoken about playing the role and im not suggesting that we have an optimally configured ground force in the region but im equally clear that injecting western boots on the ground would not be the solution. That would not deliver the solution. Try as they may leave lead us on to this. Thank you, mr. Chairman on this point. This analysis is being done with whatever you hope to achieve with airstrikes. And of course we are talking about this in recent years and so what are your plans for this situation . It also remains to be seen as far as a political transition in the regime to a government which has legitimately. [inaudible] at the outcome that we see is not going to be it easy to deliver and we recognize that. In the meantime it is easy to challeng
That we passed in the house today brings us one step closer to historic tax reform. That means more jobs, fairer taxes, bigger paychecks for americans. Long, the American People have been living under a broken system where they see too little of their hardearned dollars. They spend hours and hours, dollars just doing their taxes. So much time and money is wasted just complying with this incredibly complicated tax code, only to be rewarded by having a big chunk of their income taken and claimed by the government. It is unsustainable. People really are struggling in this country. So many people are living paycheck to paycheck. Families deserve a break. Single moms deserve a break. Parents working to send their kids to college deserve a break. The guy who just got a job a couple of months ago deserves a break. That is what this tax plan is all about. Our tax reform plan invests in these people, in real people, because we believe that families know how to invest their dollars better than t