[cheers and applause] it is now my distinct honor to present to you the governor of the state of vermont, the honorable philip scott. [applause] thank you. Governor scott madame sergeant at arms. Vermont state senate. Distinguished guests and fellow vermonters, since 1778, vermonters have gathered to open session. Slative they left farms, families and businesses, traveled over winding valley roads from every corner of our state to come together to solve problems, to shape the future. The work of those who came before us carved out vermonts place in the world with a greater share and influence in our small size population would subscribe. Through our courage and conviction, vermont has pushed forward with progress when progress seemed unachievable. Weve been the example, set the tone, and helped usher positive change into our nation when the need for change was essential. My friends, weve reached that time again. History has placed us together in a difficult moment for our state and our
The annual state of the address state of the state address. This is about 40 minutes. [applause] it is not my distinct honor to present to you the governor of the state of vermont. [applause] gov. Scott thank you. Thank you very much. Mr. Speaker, mr. President , mr. Chief justice, members of the general assembly, distinguished vermont isce 1778, bound by a common oath to open up the legislative session. Families and businesses traveled over rugged mountain gaps and rugged valley roads to come together and solve problems to shape the future. The work of those that came for the greater share and influence. Through our courage and conviction, vermont has pushed forward in progress when it seemed unachievable. Example, setthe the tone and helped usher positive change into our nation for the need when the need for change was essential. My friends, we have reached that time again. History has placed us together in a difficult moment for our state and country. Here at home, we must address e
Multiple Railroad Tracks give him the of multiple Railroad Tracks give him the opportunity. Tonight at 8 00 eastern on cspans q a. Now, vermont Governor Scott delivers his annual state of the state address. This is about 35 minutes. It is not my distinct honor to present to you the governor of the state of vermont. [applause] gov. Scott thank you. Thank you very much. Mr. Speaker, mr. President , mr. Chief justice, members of the general assembly, distinguished guests, since 1778, vermont is bound by a common oath to open up the legislative session. Families and businesses traveled over rugged mountain gaps and rugged valley roads to come together and solve problems to shape the future. The work of those that came before for the greater share and influence. Through our courage and conviction, vermont has pushed forward in progress when it seemed unachievable. We have been the example, set the tone and helped usher positive change into our nation for the need when the need for change wa
On their way back to la early in the morning when this happened. Now we are also speaking with multiple witnesses im told suspect was buying cigars inside. While in line casing people out glancing inside purses. He picked th victim. Bc of his jewerly. Right before th attack he moved his car to a side street and took off his shirt if you recognize him call police mahsa saeidi, 13 action news breaking right now. Hurricane matthew down to a category two storm but still packing a punch as georiga and South Carolina wait on its arrival. The eye of the storm is now about 100 miles south south east of savannah georgia. Top sustained winds are now at 110 miles per hour. Surge and flooding. In South Carolina governor Nikki Haley Says 355 thousand people have heeded the warnings to evacuate. Meanwhile in floridapower is being slowly restored in some areas, residents are assesing the damage. At the height of the storm more than 23 thousand people were in shelters. Hurricane matthew is moving alon
Consultations. One of the things we quickly mentioned, theres problems looking at measures of real Interest Rates to try to figure out whats going on in the long run. We have the same concept of ken. Whats the and rate going to be in five to seven years. There are persistent deviations from potential output during these periods. You see these periods of very low Interest Rates. It reflects cyclical or medium term inflationary dynamics and not really longer term view on real Interest Rates. What we did is we thought we need to think about this. We need to look at output, Interest Rates, and you have to think about this as a system of equations. That way you can control for the things that ken talked about. Inflation is moving up and down. Youre deep in the suit in terms of being in recessions and things. And real try to filter out. Separate out cyclical development from longer term developments. The key finding we have had, by the way, we update every quarter and post them on the feds w