Fed governor saying the fed is likely going to need to shift its Monetary Policy from a policy of stabilization to a policy of accommodation which means helping the economy achieve the level of growth that it has previously. Remaining low until certain Employment Outcomes are hit. A thick fog of uncertainty now surrounds the United States. She goes onto say the Downside Risk dominates the strength will depend on Additional Support along with Monetary Policy. She urges fed emergency facile tills to be as broadly accessible as possible perhaps a concern on her part that maybe some of the current facilities are not. Melissa. Does she sound much more pessimistic compared to other Federal Reserve Board Members . She does sound somewhat more pessimistic but the fed overall has been more pessimistic than the market this continues that concern. The concern about uncertainty that really has been a consistent note from fed chair jay powell but perhaps youre right, shes more pessimistic especiall
Many situations people find themselves. The recession has laid bare the economic struggles of millions of American Families with almost no warning to the shutdown that claimed tens of millions of jobs and American Workers and families felt the ground fall from under them. The. The country was on the verge and so many have lost their livelihoods and exhausted their financial reserves. They are facing financial catastrophe. That growth hasnt been broadly shared starting in 2009 with 128 months of growth so many neighbors are facing financial catastrophe they do not fal falr r. E irreversible financial disaster. As businesses gradually reopen, many workers are coping with drastically reduced hours and lower paychecks that will not cover their bills. Even people fortunate enough to be returning to work will likely be struggling for some time to come the Child Tax Credit and earned income tax credit and it also supports workers with a more generous employer retention tax credit to maintain
College. Thank you. Thank you. Next speaker. Hi, there. My name is hawn. I teach at city college in the english department. I also want to thank the Community Members who have spoken in favor of reparations, and i stand in favor of reparations. And thank you for bringing that forward. So i am a lifelong student educator and Community Member in our Public Education system. And Public Education is the best thing thats ever happened to me and my family. And i want to just affirm that education is our right. I tell my students who come to my classes that they deserve the same opportunities as any stanford student. They just dont have the same resources. They deserve a library thats open till midnight. Their Library Closes at 6 45. And weve cut back on librarians. I want to talk about love. Because in my english 1 class, my freshman composition class, we read bell hooks all about love. We do a semester long investigation in love, on love and what is love. We learn that love is a choice. We
That say, you know, i cant because i want another opportunity to do it. Now you are supposed to do it in this semester and i say i dont have the class. And i dont want to say please i need your support to everybody to culminate together. Thats what i see, working with them. Thank you. Thank you. Next speaker. Hello. Im a 2121 member, chapter president , San Francisco general first. I want to say that the staffing in Public Health needs to be fixed. Its outrageous what we are going through right now, even people in my classification, its terrible. People are calling in sick more, their productivity is going down. We are losing money, because things arent getting done properly because you dont have enough people to fix that problem. But im really here, aside from that, as a black person, who started my early life living up in the projects in ernest point who family got pushed out because my father couldnt get a house in San Francisco. He couldnt get a loan. We ended up in bay leaf city.
Privatization scheme. So no matter how progressive we consider ourselves in San Francisco, we need to look at chile as an example in terms of whatnot to do, including the issue of our pensions, which have become privatized, and which are trying to they are trying to do that to us as well as working as well, privatize our pension systems whereas the [off mic] thank you. Next speaker. Thank you. Next speaker. Right behind you. Thank you. Hello. Members of the board, supervisors, i am aurelius walker, pastor of True Hope Church in bayview point. A pastor for 15 years and San Francisco leaders demand San Francisco create a Reparation Fund with hotel and marijuana taxes. The city must make amend for the past injustice with support for education, housing and economical opportunity. Martin luther king said the arc of a moral universe is long but it bends toward love, compassion, mercy and justice. We go forever and justice lives, creating crashes that will drive the power structure to change.