Probably get an answer of efficacy more quickly. Once you get the efficacy you we will distribute that vaccine to everybody and anybody who might benefit. Ultimately if ultimately if it works everyone we will get. That is the framework. Then we look at the advantages and disadvantages if you are distributing a vaccine before you no it works for the advantages if it does work you get it to people quickly. The disadvantage is you may not ever prove that it does work. The inevitable next outbreak we wont no if we have a vaccine that works. The issue with the randomized controlled placebo trial as some people are not getting it right away. Away. There is an absolute understandable desire that if something will be beneficial get it their as quickly as possible. I will finish with this. I mentioned this at another seminar about the issue of the difference between therapies you make readily available for which i was the champion versus a vaccine that you dont know works. And there is big diff
In one year later over 50 of the participating increased at least one little the grid letter grade. It is making a difference in the district and two of his principles are here to test to that. Stacey from milwaukee Valley Intermediate School and derek from milwaukee valley middle school, both of whom had courage to take part and schools have seen great growth in their kids and in their grades. Congratulations. [applause] thank you for your willingness to help our kids. This year we should fund and implement a similar mentor ship program but for teachers. Exemplary teachers struggling with it and in doing so we can make big gains. Classroom by classroom. And school by school. And if education is the most powerful tool in the life of a child we should honor and reward our best teachers and to intervene quickly to help those who need it. But we must shoes courage over comfort. The status quo is comfortable. Each teacher paid the same. Every evaluation identical with the misguided believe
Tax returns will help unravel this puzzle, but only b available to some so the last few years, weve seen this tax rate really defined as the tax collection divided by profit has been low. We think there will be some recovery in that for the longer term average because we are making an edgeucated guess thats whats happened in the last few years is because of circumstanceses of the last few years, so there will be rebound over the next few years. The same time, theres a different thing going on which is that companies are trying to find ways to reduce the Corporate Taxes they pay. Some of what theyre doing inviolas them moving business income from the corporate sector to the noncorporate sector. Out of C Corporations and into s corporations. Weve written about that before. Theres been an ongoing downward trend in the share of business income thats taxed at the corporate level. We think that will continue. The second factor we described with a set of efforts by companies to increase the a
Are open. The numbers are on the bottom of your screen. A very good saturday morning. Here are the headlines that americans are waking up to this morning. Many of them talking about the economic and jobs situation in the country. The lead story in the Los Angeles Times the wall street journal this morning. The Orange County register this morning. Heres the front page of the Financial Times weekend paper. Finally to the front page of the Washington Post this morning. President obama spoke about the jobs situation and wage situation yesterday in remarks at the white house briefly before he introduced his new pick to head the pentagon. Heres a bit of what the president had to say at the beginning of that statement. Last month americas businesses created more than 300,000 jobs. This keeps a pace so tar this year so far this year that we have not seen since the 1990s. So far this year over the first 11 months of 2014 our economy has created 2. 65 million jobs. Thats more than in any entire
Tumultuous session. Another month of equities but not just equities that got squeezed. Government bond yields touched record lows new ones and the price of oil surged. Strangely to its biggest oneday gain in two and a half years. With losses accelerating into the close, heres how the major averages ended the day. The dow was down 251 points. Thats its worst month in a year. The nasdaq all fight 48 and the s p lower by 26. Also ending its worst month since last january. For the month, the dow and the s p were both down more than 3 . The nasdaq off by 2 and during january, the dow get this triple digit moves, 70 of the time. Volatility is back. In the bond market yield on the benchmark ten year treasury note bounced from a 20 year low and closed a year session high of 1. 66 and oil with a big day as we mentioned there. 8 higher. Biggest oneday gain since june of 2012 following sharpest weekly drop in the u. S. Oil rig count in nearly three decades. Looming over the entire day, a dismal r