That you used to have, yesterday forecast a world where Interest Rates will be reaching 4. 6 in 2023. He said this was unfortunate but unavoidable. I know you dont want to secondguess someone who has a job that you once had. Let me ask you, what are the implications for the American Economy . First, let me say i think inflation has been running at an unacceptably high rate. It is a huge issue for every american household, it is leading to a great sense of economic insecurity for americans, and we dont want to see it become endemic. I live through the 1970s when we had a long period of high inflation. It is president bidens top economic priority to get it down and thats what the fed is trying to do. Some of the inflation is coming from supply chain bottlenecks relating to the pandemic and the shifts we saw in patterns of spending, and i think we can see some early evidence that is beginning to resolve, but it is still contributing to inflation, and putins completely unacceptable and imm
Pandemic, inflation, and the war in ukraine. I just learned david from law school class, we were in law school together. Today is the first day of fall, i think, and you described the summer as the cnn of substance. I just want to look back at the pieces of legislation that we just had an to get your sense of how they add up, because sometimes the messiness of the legislative process and the fact that its been so uncertain, its hard to remember if there was actually a theory we hind some pieces of legislation or if there is a vision behind it all. Well, there was. First of all, when you talk about the biden agenda, a lot of it is built on the obamabiden agenda, we were able to expand Health Care Coverage to a number of people, we were able to pass Climate Change legislation because we had the Paris Agreement that president obama worked on. So we built on a foundation, but i think we took that foundation to a new direction. The first is, we face different problems and we faced in the ob
Hey there. Im Joshua Johnson live at headquarters in new york. There is no sign of slowing the spread of coronavirus across the u. S. A short time ago that number surpassed 3,000 cases and 60 deaths. The white house has scheduled a press conference in two hours led by the Vice President , and the doctor america is turning to for leadership, dr. Anthony fouci, says we must do more. Americans should be prepared that theyre going to have to hunker down significantly more than we as a country are doing. After weeks of demand the boost the number of test kits, there is a glimmer of hope. Obviously early on we werent in the situation where we could get the tests out. We need to get the private sector involved. Just a couple of days ago we had the ceos who going to be putting it on full overdrive. I would expect that soon. Im talking about days to a week, where youll start to see it go up like this. Not everybody tomorrow is going to be able to get a test. Pretty soon youll see a major escala
Of heights. One, two, three. Good evening on this friday night, diane has the evening off, as we come on the air for the west coast we begin with chaos and panic at l. A. X. In los angeles. A lone gunman pulling a semiautomatic rifle from a bag and opening fire in the middle of morning rush. Families in the security line told to run take shelter wherever they could. Right here in a bathroom. Outside passengers fleeing, bags in tow. It happened here at terminal 3 where jet blue, spirit frontier flights all take off right at the security gate, passengers have been lined up ready to take off shoes and belts, tonight we have the latest developments here, the shooter in custody and right here on the ground, the powerful weapon he used tonight, the fbi confirming his name, 23yearold paul anthony ciancia, and word this evening his family reportedly had been in touch with authorities beforehand. A note found at the scene reportedly believed to have included antigovernment beliefs. Among his vi