Opportunity for the nation to imagine itself otherwise. Where the country had an opportunity to leave behind the realitycynd how to organize our society and that each of those moments the country double down. And we saw was some call a backlash. We saw instead was an ongoing betrayal. What we think about the post reconstruction. And a lost cause and that anglosaxon and what it meant for the United States and the world as a betrayal. Think the mid 20th century the black freedom movement, law and order and the tax revolt in california, we need double down on our ugliness and here we are facing a chance to we imagine ourselves. If our history is any indicatio indication. Has there been an arc of progress . Of course. My life is not what my fathers life was and his life is not his fatherss. So what does it mean to suggest we live in the afterlife of jim crow is to suggest there has been and indication of change and i think one way is look at American History ofan democracy in the believe t
Talked about u. S. Military strength in a discussion at the Heritage Foundation. Good morning, everyone. Welcome to the Heritage Foundation. Welcome all of you here in the auditorium and everyone online, as well. Its a great pleasure for us to be back in the building of the Heritage Foundation. Weve been away for some type teleworking. But this is my first day back for a while. Im very pleased to be back here today for this very important hl Heritage Foundation. Weve been away for sometime teleworking but this is my first day back for a while but im very pleased to be back here today for this very important event. Of launching the Heritage Foundations 2021 index of military strength. Now this is the seventh addition of the index. And the index has become one of Heritage Foundations flagship publications. Our goal is unchanged from the very first issue. Its to provide both the leaders of this country, and also the American Public a premier open source and authoritative assessment of Ame
To work our way through. Let me start with the Michigan Consumer sentiment index. Headline number coming through at 76 point nine, broadly in line with expectations of 77. Current conditions at 87, i had of expectations. At 75. Tions youve got the difficult situation i think the consumer has got to figure out. Do i worry about the here and now and worry about the impact the virus is going to have over the next weeks and months, or do i think about what the vaccine is ultimately going to deliver . Like the markets, i think the consumer is probably having to balance those factors out. Kailey i want to point out housing data as well. The Housing Market has been particularly strong. That does continue. A pace of 909,000, versus the estimate of 975,000. We are getting october personal spending data, and for more on that as Bloomberg International economics and policy correspondent Michael Mckee to break it all down for us. Michael michael it is may the most important number of a lot of numb
Note slogan like defund the police. But you know you have lost a big audience the minute you say it. Which makes it a lot less likely are actually going to give the changes you want done. Kennedy snappy slogan, okay grandpa. The pushback was swift and ferocious especially from the squad. The real democrat shock collars. Congresswoman aoc tweeting the whole point of protesting us to make it feel uncomfortable. Activists take that uncomfortable with status quo and activate policy changes. Support star small and grows. Folks who complain makes others uncomfortable, that is the point. Congresswoman omar followed wit with. [laughter] im not going say that one. We lose people in the hands of police. I thought a slogan but a policy demand. And centering the demand for equitable investments budgets for committee across the progress. It is safety. In congresswoman iona presley jumped in with the murders of generations of unarmed black folks by police have been horrific. Lives are at stake daily
To declarer can rise a recess of the subcommittee at any time. Without objection members of the full committee not on the subcommittee are authorized participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Thatrs are also reminded they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying House Resolution 965, we will only mute members and witnesses as appropriate. When not recognized for to avoid inadvertent background noise. Members are reminded that our house rules relating to the order and the decorum of the desk decorum applied to this remote hearing. This hearing is entitled insuring against a pandemic challenges and solutions for , policyholders and insurers. I now recognize myself for three minutes to begin with an opening statement. According to the Congressional Research service, 110 Millio