You know section 342 that created the office and part of the thing that we have struggled with is the whole reporting authority and the standards for reporting back what those federal regulation officers are doing. Do you have any insight on the program . I think it is important for countries to take a look at their own debt. And its time for us to look in the mirror and address our own problems, including the 18 trillion in debt that we have accumulated at this time. The Federal Reserve has employed and i will say exceptionally accommodated monastery Monetary Policy to spur Economic Growth, but we are now nearly seven years out with the federal funds rate still at the down. The quantitative easing have made it much easier and certainly has solve our longterm debt problem. And both you and your predecessor have argued that the fiscal reform is important over the long term. However, you also stated that the fiscal prudence can be ignored in the short term does not hamper the economic re
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
Maintenance, aviation intelligence. And i think that you will see nato come on board as we continue to build on the capability of those forces. We are willing to stay a little longer if need be. I think that we are waiting to see where the u. S. Is going to go. Every day we are assessing that. Another my Senior Leadership at the end of the fighting these individuals, we will make some decisions in 2016 and beyond. Thank you very much. Our question about the Afghan Government. I would like to ask one about the region and then we will wrap up from there. We have talked about how abdullah and president ghani are doing. We have heard reports about how long it has taken for them to be formed. Could you just explain whatever you think are the most important highlights. In the broader question is how well are they doing twomac are they starting to make headway or is this sort of capping these tensions that are so severe that they could explode at any given time. I think that this is the best
Interoperability with our allied brethrens. When it comes to migration especially from the caribbean, do you support the feet dry policy . How have recent diplomatic efforts in cuba likely to affect that . Ill let you draw your conclusions. We have brandnew response cutters. They are great platforms. There was an expectation that a migration policy was going to change around christmas. It didnt but that was the perception back in cuba so we had a spike in migration. We were able to apprehend almost every one of those boats destined for the florida coastline. But then it takes five days to go through a screening process before these folks are brought back to cuba. Within the last two weeks we had two my grants that shot themselves, then were medevacd before we apprehended them so they were medevacd back to the United States. We have others that will selfmutilate to do whatever it takes to get their feet dry in the United States. Meanwhile our crews are trying to safeguard these folks fo
Sun, that we reset nature reset its clock in 2012, and this effected everything as far as our weather goes and as time goes on, the taps will rebuild themselves and it is natures way of resetting the clock in other words. Does he know anything about that . Thank you. You know, there are a lot of theories and there has been a lot of research and things like the orbital wobble of the earth the wobble on its axis, solar cycles, sun spot activity and so on. And i think clearly there is a huge natural variability in the earths climate and over long periods of time these big things, these big astronomical things and sun spots and earths orbit play a role. I would just say in terms of the data that we have we see natural cycles, over 100year periods and over roughly 1,000year periods and were in between the ice ages and the interglacial periods with 10,000 to 12,000 years an the ice age is 100,000 years an were late into the interglacial cycle and that is allowed human beings to develop and f