Book about the middle class in the United States. Rudolph discusses foreign interference in campaign 2020 at 9 15 a. M. Host following the Police Killing of a black man, jacob blake, in kenosha, wisconsin, and a week of protest and violence, President Trump went to kenosha yesterday to meet with Law Enforcement and tour the damage. He reiterated his Campaign Theme of law order. Good morning. This is washington journal. We will spend the first hour getting your views on the Campaign Message on law order. Is it working . The lines for those of you supporting former Vice President joe biden is 202 7488000. Supporters of president and mike pence, 202 7488001. Areall others, if you undecided, that line is 202 7488002. 3. Text, 202 748800 on twitter, it is at cspan wj. On facebook, we are facebook. Com cspan. President trump touring that damage as you saw in that video. We will show you his comments during that tour. This is reporting from the kenosha news. Kenosha. Trump in with Law Enforce
Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va
The untold true story of americas middleclass. Guest thank you for having me. Host how do you define the middle class . Guest there are so many ways you can define the middle class and some new ways people have over time. Sete it as an aspirational of Economic Security items that americans want to have to make their lives feel safe and secure , and to pass a better life onto their children. I defined middleclass as someone who is able to buy their own home, their own car, send their kids to school come a safer retirement , save for retirement. Stablel people feel more through tough economic times. If you can build enough wealth up to buy those things, i think in america we would call you middleclass. Are strivingle who for that security are aspirational middleclass. Host how far back in our history does the use of the term middleclass go to refer to economic success . Guest we think of the middle class as quintessentially american, but it is relatively new term in terms of popular news
Recession in an away of low rates and lowflation the topic is particularly salient since last week, following an 18month review of its Monetary Policy strategy. The federal open Market Committee will be a revised version of its longer run goals and Monetary Policy strategies. We are honored to have governor board of governor here to offer her thoughts on the topic. After we hear from her there, will be time for questions and answers from the audience and panels to convene our discuss with ben bernanke, janet 12k0 and two marketers there will be more on that later in the program. In terms of questions, if you would like to pose a question, you can do so at email at events brookings. Edu. Before we begin, let me provide a short introduction to governor brainerd who has had a long career of Public Service in ack deema. She took office as member of the feds board of governors in june, 2014. Before that, she served as undersecretary of the u. S. Departments of the treasury from 2010 to 2013
Reserve and other central bankers, academics, public and private Sector Economists and members of the news media for this annual gathering. As you well know, its been our custom for nearly four decades to welcome you to wyoming, served for the kansas city that. I look forward to return to the online format, senate expressing my gratitude for those who travel around the globe to attend for managing jet lag. Appreciation to those attempting to manage local. With the current time, ranging from 6 00 a. M. Thursday to 1 00 a. M. Friday. This year has been an extraordinary one for Monetary Policy and central banking. Issues with time including the level of Interest Rates the effects of heightened uncertainty and how to effectively communicate Monetary Policy have been amplified by the economic fallout of the pandemic. For more than a decade, it seems the central has been in the shadow of the Global Financial crisis. It may be that the pandemic stems even further. The truly extraordinary poli