Potential gdp is a concept to get your arms around because we dont know what the productivity growth is going to do in the future and not so much of the gdp growth but where can you push the Unemployment Rate safely. What kind of policy rules to use referring to this some put more weight on the output gap and others last. One of the reason is we get this uncertainty problems or to put you in the direction in that respect. [inaudible] we would have called for the funds. Which other as far as prescription what you proposed as far as the prescription which the fed proposed into the communication [inaudible] september 17 the committee released a Statement Today i suppose the question is what has changed between the end of august and the 24th of september in so far as this stuff is concerned . Thank you. A rule that i proposed ages ago i still like and its one thing to think about. Its held up over time. Its worse in different countries. The attempts to modify it are great. If they tell you
Time as mayor. He represented the eighth ward until the time of his death. Is Memorial Service scheduled to get underway at 11 00 this morning eastern time. We understand that it is running a bit behind schedule. Thel then, discussion on job numbers from washington journal. We are joined by the wall street journal economics reporter. , you talked about the data points beyond the topline numbers. The key one was wage growth. Lets start with that. Guest there was a lot of attention to the headline , 321,000n the report new jobs created. The most significant number in the report is nine. Muchcents, thats how earnings went up. It is twice the average the we have seen per month over the last year. On au look at it yearoveryear basis, it is not as impressive. Increase. Om a 2. 1 economists have been watching for any sign that wages are going to pick up. They have been so slow to grow over this recovery. We have different measures that show that they may be picking up. This is the first time
[applause] coming up on cspan the Funeral Service of marion barry and samuel leto governor and jeb bush discuss the bill of rights and then Funeral Service for ben bradley. On the next washington journal we look at the state of the Affordable Care act and what changes are coming in 2015. Our guests are julie robner. Well also take your calls on the healthcare law. Washington journal is live every morning at 7 00 eastern and you can join the conversation on facebook and twitter. Marks a decade of conversations featuring an interview of the series. Tomorrow our interview with alfredo. He spoke about his memoir becoming dr. Q. And coming to the u. S. As an undocumented immigrant before becoming a brain surgeon. Watch the interview tomorrow on 7 00 p. M. Eastern on cspan. New years day on the cspan networks. Here are some of our featured programs. 10 00 a. M. Eastern the washington ideas forum. Energy conservation with david crane and cake love owner warren brown and inventor dean cayman.
Worked with marion in the movement is much too long to call, my friends. But among them are and were john lewis, frank smith, bob ruby ray robinson, diana nash, james gorman almost carmichael, james forman, stokley carmichael, ivanhoe, donaldson richardson, lafayette and the reverend Jesse Jackson who will deliver the eulogy here today. All of us knew marion barry when he was being formed as a man by the Civil Rights Movement. Years later, here in washington when marion and i had different roles, i used to tease him on the dance floor about bringing those cotton chopping moves to the big city as marion did what he called dancing. He laughed, knowing that this was my way as a d. C. Girl of from soup south of saying to my old friend from the southern movement, you have come a long way from picking cotton in mississippi to running the missions capital Nations Capital go. [applause] but those cotton picking roots served marion barry, jr. , well. He challenged poverty by working himself out
There. It was actually from that window over there that they had to rescue a man. Im told he is perfectly fine but its fortunate because i talked to a Business Owner who said on a normal day, there would be several dozen people up there. Thats not the case today. Heres the video today that we arrived on the scene a while ago. This started around 1 15 and the trucks got here in two minutes and they found a lot of smoke once they got on the scene. Again, they believe this fire may have started in the kitchen of the district two bar and restaurant but theyre not sure at this point. Thats still under investigation. We asked the fire chief what this means for the restaurant and the other businesses around here. Heres what he had to say. Yes theyre going to remain closed at this time. Its under investigation and theres a lot of water damage inside and we had to open up a lot of the ceiling to check for further extensions. Back out here live youre looking into an open window into the district