Airconditioning, looking out the window, it is great. Six out of ten. The two. Excessive heat warning in effect again today, and tomorrow, nothing to show you on radar, at least not yet. But whether we see the future cast in a little bit, you will see the possibility of some pop ups today. 75 degrees, 74 degrees, lancaster, 71, six a mount pocono, muggy 73 Atlantic City and dover, delaware, close to 80 already, 77 degrees, dew point are in the upper 60s, lower 70s, at 73 degrees dew point in philadelphia. Means were in the oppressive range. And thats where we will stay for the rest of the day. Wick warm wednesday, took us to 95 degrees when we should have been at eight seven. And, we are looking at pop up thunderstorms later on, i would say, any time after 2 00 this afternoon, start watching the sky, 8 32 your sunset time. There is your steamy thursday, bob kelly, all week long, folks have been steamed, havent they, about the Regional Rails . Exactly. Steamed if you use the trains, ste
Will feel like. Yes indeed, will continue day after day. So this is day one of what will probably be so whats the number . The number we chose, we did committee in the early show, a seven out every ten. Cant give it nine or ten, it will be too uncomfortable. Unless youre by the pool with bus stop buddy and muggy the dog. He comes out when it is really humid. And here he is, with a water bottle for bus stop buddy is a good idea. Temperatures in the 70s, we have excessive heat warning through friday. 93 degrees today. Heat index in triple digits in some places, got to take care of yourself and those who need you to take care of them. Sunset time is 8 32, more details coming up, on this upcoming heatwave. Bob kelly . Sue, good morning, everybody, 6 01, this wednesday morning, got an accident, northbound on the new jersey turnpike, at exit number four, thats route 73, in mt. Laurel, new jersey, tying us up. And then of course it is day number two, yesterday, everybody has the horror storie
To talk about two examples, case studies, if you would come of the approaches that we took when i was in the senate to actually get things done and move things forward. Ive had fellow senators during my tenure who had come to the end of 5 years and say they werent even able to get an amendment that theyve introduced to a vote on the senate floor. I will take two cases here to show you the way that we were able to do this. The first is on the post 9 11 g. I. Bill which i believe is the greatest Educational Program for our veterans in history. I started speaking about the need for a new g. I. Bill a real g. I. Bill fo for the people who would serve since nine 9 11 well before he decided to run for the senate in 20 2006. I come from a family that has a citizen soldier military tradition. My father served in world war ii. I grew up in a military. My son left college and enlisted in the marine corps during the iraq war and was in ramadi, iraq, and we kept hearing over and over again this is
Performs quite well across the range of different assumptions of how the economy is structured and operates. Despite these attractive features, i do not believe any prescriptive rule including the taylor rule can take the place of a Monetary Policy framework that has the collective assessment of a larger number of factors that impact the Economic Outlook. As i say, the taylor rule has significant shortcomings that could be detrimental to attainment of the mandated objectives. Not just theoretical but very relevant to Monetary Policy in recent years. First, the taylor rule is not forwardlooking. Its policy prescriptions based on the current size of the output gap in the deviation from the feds objective, not how these examples are likely to evolve in the future. In a rapidly changing environmt, the taylor rule and other similar will be behind the curve. Rulee fall of 2008, taylor were above the level of rates at the time. And a sharp, tightening financial conditions that occurred during
The problem with that is when job,graduate and find a there are only so many of that type of job. But frankly, there are more jobs these days that you can get without having a college degree. Most of my employees with our half, had noaybe background and what we do prior to working for us. We train them. You looking for basic skills and then train them. Paul exactly, we are looking for hardworking ethic. And we have settled with saying we will teach them the rest. My cto has become the educator in chief, helping employees develop and grow skills. You can see that across all industries. I dont think there is a job shortage. I think there is a worker shortage. But i dont think theres a people shortage. Bob we could spend a lot of time. Heidi, if you could address this briefly and then audience questions. Heidi i think the key is education reform, and private Public Partnerships like ibm is doing. Things like that where you got employers telling the Education System what skills they need a