Its good to talk to you. Thank you very much for your time. Youre welcome. Its a nice to be here. Well, he said recently that whatever are the final results of the u. S. , national, theyve, your law abiding will refute the asian or policies because, you know, remains weak rockley in crowds. And i am with you dont know why that ad council just that there was an almost full Bipartisan Commission or policies. Because if you look at joe bidens least promise is especially in the domestic they really look like restyled paste role charms label. And worst of what a nickel class b. Shaking, international trade. What share for all dairy carrots challenged the democrats really rejected the substance of his policies. Yet they would like to do. I think if youll say its see a real shift. I mean, the problem is donald trump was of course and still is that hes not a real democrat if keely authoritarian tendencies. We see that in his refusal to leave the white collar to concede the election to joe bide
I think you go say see a real shift. I mean, the problem is donald trump was of course he still is that hes not a real democrat if keely authoritarian tendencies. We see that in his refusal to leave the white collar to concede the election to joe biden, though its pretty clear that the u. S. Lost the election. Even republican senator. Now isnt there an indian style of behavior asking, you know, absent of policy . Yeah, exactly. And so joe biden has announced he will convene a summit for democracy so he wants to rally americans and us round table again to really make them more coherent to improve the relationship, particularly see where p. And ls suno. And the relations was in nato relations was in the e. U. Back if straight he had a very hostile, almost relationship to international. So biden will have a totally different policy. Trishas has value over the last and above all, he seems to realize that the United States is a lot stronger to get as well as its allies. Rather let it go, it
The outgoing chairman, mike johnson from louisiana from indiana mike johnson from louisiana and jim thanks from indiana. Im going to do a quick interruption of them and then ask questions but we will take questions from the audience. If you would like to ask questions, please submit them to chris see hris. Gavin at a. Org. We will put them up. I have a bunch of my own questions as well so we will try to get to them as they come up. Representative jim thanks is chairman elect to the committee and representative thinks is inn his second term representative of the Third District covering the Northeast Corner of the date including four lane. Thanks service in the Armed Services committee on education and Labor Committee and Veterans Affairs committee. He is the father of Young Children so we always like to have, no about peoples families. Representative johnson is the outgoing chairman, the second term representing Fourth District of louisiana covering the northwest part of the state inclu
A real shift. I mean, the problem is donald trump was of course he still is that hes not a real democrat if keely authoritarian tendencies. We see that in this refusal to leave the white collar to concede the election to joe biden, though its pretty clear that yes, lost the election. Even republican senator now is an indian style of behavior asking, you know, absent of policy. Yeah, exactly. And so joe biden, bill has announced it will convene a summit for democracy, so he wants to rally americans and us round table again to really make them more coherent to improve the relationship, particularly the c. E. O. Of p. And ls suno. And the relations was in nato. Relations was in the e. U. Back if straight he had a very hostile, almost relationship to enter. So biden will have a totally different policy. Trishas has value of life. And above all, he seems to realize that the United States is a lot stronger to get all its allies rather than to go it alone. And under, under trump, we saw a mor
Declining. We saw a constructive things. Waiting for the eighth or ninth year of expansion is not a perfect strategy. There is an issue of wanting to do as much as we can to avoid exacerbating the longstanding inferences and get back to a Strong Economy or we can start making progress again, which is what we were doing in february. Senator smith as the fed chair and at the fed you have the mission of low unemployment and managing inflation. And this need to spur job growth. We said there is not been a big worry about inflation. What if the fed were to lower its target for employment, even under 3 . What impact might that have on addressing longterm needs for addressing inequality. Changeowell we made a in our operating framework which addresses that directly. We will have an estimate of the natural rate of unemployment. We will not act on that, even if unemployment goes below that, unless we see inflation or some other problematic thing that seems to be late to where our rates are. We