Hunt hello, i am hunt nichols. Welcome to bloomberg best. We have been speaking with the worlds most influential policymakers to get there take Business World today and where it is heading. Do you think this downturn means something more sinister for the World Economy . Has iced down the downward turn, and i think that is where we are at the moment. We have come out of the deepest financial crisis and we are now nine years out of that crisis. In that time, the global order had reversed. There was policy problems and in market, therency were new roles, and some it some used these wisely and some didnt. Now that things are reverting to the old order, the industry countries are doing better than emerging markets. It is a normal correction. Time,l last for some more but i dont think we will see changes with the downward economy. Does it feel to good right now that this is just a correction or is this something deeper and more enduring . It feels like a correction to me. Was china in a free
Or retracement, we got that with the latest rate of 24. 5. A little bit higher than what we got in october and september. But again, that was a oneoff. In terms of leading indicators, this is better than expected. Zero. 6 gain in leading indicators for the same time, we need to caution that the previous months dane of 9 10 of 1 has been revised lower to 6 10 of 1 . Forad gains of 6 10 of 1 leading Economic Indicators. In a little bit weaker than anticipated. In terms of market impact, we lowers. Stock coming off than expected. 30 minutes of trade. Do not look for that to hold, necessarily. The 10 year yield of 2. 1 percent. Lesbian bloombergs own economist for some analysis of the numbers. Carl, what do you think . We expected a pullback in the november print was off the radar so we knew it had to retrace. What is important here why . Because it is not consistent with what we are seeing, improve, but still a slow moving economy. What is important as we look at the retracement. Most of
Performing students to help prepare them for college. We read philosophical tests ranging and wrote revised College Level essays. At the same time i worked with the lowest performing students who had yet to pass the state tests of the with them we did mindless test prep. Even though i was really good at it getting 100 of those students to pass their exams in my final year doing it i was doing the students no favors. I think about a senior who could hardly write and struggled to read. Sure she passed the test but she was still ready, she was not ready for the Community College work she encountered that fall. When we focus efforts only helping struggling students jump over a hurd definitely mandated exams the learning an opportunity gap widens. My Current School harvest collegiate is a member of new york performing standard consortium of a group of 48 schools that offer more alternative model. We use more rigorous Testing Systems than state exams. Highstakes assessments are not on demand
Let me me before you keep thinking about your answer to do something else. To frame the question we are talking about questioning and accountability and that goes off into education and i have to refresh myself with 15 minutes even though ive been fooling about it for years. The federal government under no child left behind requires 17 standardized tests today to seven tests, seven in reading. Grade three through eight and once in high school. And then three tests in since i intend once in grades three through five and six through nine and once in high school there are 17 tests that must be used by the law as a primary means of determining the academic performance of the state. Florida reported that. There are 183 state and local tests in addition to the 17 federal tests and when this report they start to make a spotlight on the test is that maybe that is too many tests and they started getting fewer tests. So if we are talking about what kind of tests. Its whether whether it is the fe
Discussion draft. I hope we can begin conversations about a truly bipartisan approach to help fix this broken law. I know the members on my side are anxious to begin work and to continue the long tradition of this committee tackling tough problems in a bipartisan fashion. Fixing no child left behind should not be a partisan issue. It should be one that we do work hand in hand not as democrats and republicans but as americans. This is an issue that is not about politics. It is about what is best for our kids. In our country we believe that every student should have access to a quality Public Education regardless of where they live or how they learn or how much money their parents make. That vision is a big part of what we mean when we talk about america, what makes our country great. Other countries in the world are investing in education. They are working every day to get it right for their students. China, india and others think they can beat us in the classroom. We know better. We kn