Who are the winner and losers from inflation . The primary responsibility r controlling inflation rests with the National Administration. Finally, in the 1970s, the government was pushed to take drastic action. What was the result . Rising prices became a fact of life despite the clamor to do something about it. Inflation how did the spiral begin . With economic analyst richard gill, well explore that on this edition of economics usa. Im david schoumacher. What is inflation . Here at the bureau of labor statistics, they measure inflation, in a sense, with the Consumer Price index, totaling the costs of goods and services, then comparing them from month to month and year to year. Inflation has affected everybody. Some look back nostalgically to the threecent postage stamp. When prices go up a little, were not surprised. But when they get out of hand, we take notice, as we did in the late 1960s when prices began spiraling upward. What caused that spiral . As the country grew in the 1950s
Rising prices became a fact of life despite the clamor to do something about it. Inflation how did the spiral begin . With economic analyst richard gill well explore that on this edition of economics usa. Im david schoumacher. What is inflation . Here at the bureau of labor statistics, they measure inflation in a sense with the Consumer Price index, totaling the costs of goods and services, then comparing them from month to month and year to year. Inflation has affected everybody. Some look back nostalgically to the threecent postage stamp. When prices go up a little were not surprised. But when they get out of hand, we take notice as we did in the late 1960s when prices began spiraling upward. What caused that spiral . As the country grew in the 1950s no one was worried about inflation. Then late in the decade, the economy cooled down. That became a factor in the 1960 elections. Im not satisfied to have 50 of our steel mill capacity unused or when the United States had last year the l
Techheavy nasdaq which really has been outpacing the major averages right now is down about 1. 5 , and the s p pulling back. Weve seen some names weighing on the dow, but ill talk about whats winning today, and those are some of the consumertype names, names like Procter Gamble and walmart, and theyre doing better today. Weve had three weve had three straight weeks of gains for the Dow Jones Industrials, each one of those weeks was up about 1 . The name thats weighing on the dow today is merck. Merck showed a shortfall, theyve also lost the exclusivity of tear asthma drug, and thats not good news. Stock down 2. 7 . Connell the online portal americans are using to buy Health Insurance, yet another glitch over the weekend, halting online enrollment adding to the growing list of problems. Dagen rich edson has a list that is growing. Hes in washington, d. C. For us with the very latest. Hey, rich. Reporter hey, guys. Well, the admission says officials spoke with verizons ceo, and the Telec
What was the result . Rising prices became a fact of life despite the clamor to do something about it. Inflation how did the spiral begin . With economic analyst richard gill, well explore that on this edition of economics usa. Im david schoumacher. What is inflation . Here at the bureau of labor statistics, they measure inflation, in a sense, with the Consumer Price index, totaling the costs of goods and services, then comparing them from month to month and year to year. Inflation has affected everybody. Some look back nostalgically to the threecent postage stamp. When prices go up a little, were not surprised. But when they get out of hand, we take notice, as we did in the late 1960s when prices began spiraling upward. What caused that spiral . As the country grew in the 1950s, no one was worried about inflation. Then late in the decade, the economy cooled down. That became a factor in the 1960 elections. Im not satisfied to have 50 of our steel mill capacity unused, or when the Unit
And he gets no recognition from the va for that effort. And they need it badly. Thank you, congressman. Thank you. I thank the entire panel for being here today. I go back, as a young military medical officer during the vietnam era, and i was thinking as i was listening to the testimony, what training i had had and i am an ob gyn doctor what training i had going into the military and what training i received in the military to deal with this. And i can tell you, as for what i received in the military, it was nothing. Military sexual trauma has been going on just logically thinking about it, we knew it was happening outside the military. Why wouldnt it occur inside the military . Why would it be occurring in the civilian world, and i get drafted, and the next day it is not an issue . Today, there are a lot more women serving. It is amazing how many women now are doing a phenomenal job in the military. There is that issue there. I think what we have to do, as a scientist, you identify th