just faced a judge standing in court in shackles, his family also in the courtroom. what we re learning this hour about when he got his top secret clearance are a stage now set for some big name republicans trump desantis haley pence, all heading to the gun convention of america s gun violence crisis right now, parisian authorities are tightening security as protesters prepare to learn the fate of the pension reform changes they ve been fighting against four weeks. these major stories and more right here on cnn news, central. this just in to cnn court documents show that dak jack to share a had top secret clearance . 20 run your 21 year old massachusetts air national guardsman appeared in a boston federal courtroom this morning. he has now been charged with allegedly being behind that massive leak of classified military documents, according to new detail from uh, new deal t of detail from court this morning to share allegedly began posting the documents around december of las
very unusual in the context. historically that tends to cause a lot more disruption even than we have seen. i m not saying that we haven t seen some disruption. also consumers were in a better position going into whatever turmoil we re seeing right now because their balance sheets were in pretty good shape. you know. after the great financial crisis, people stopped taking on a lot of debt. and then, of course, all the fiscal payments that you had during covid helped to cushion things. you mentioned interest rates, and i saw something from the atlanta fed president that i wanted to ask you about. he s not saying that the fed may be able to pause the interest rate hikes after one more move, and i think believe, he said, move of a what quarter percentage point and the reason he s and what that means in saying that is he s really expressing confidence that what they ve done is working. do you do you share in that confidence? i do. i will say that cautiously, but you can see labor inflation
this previous point about globalization and we have known it for the last half century unraveling. what we ve seen for four decades is really companies putting jobs and production wherever it was cheapest to do so and then selling it globally wherever they could. biden really wants to change that. he wants to have a system that s a little bit more germanic, a little bit more balance between workers, consumers, companies and even civic society and politicians. again, these are potentially good changes for the long term, but in the short term to midterm they are going to be inflationary. and then of course you add in all the dislocations again from the pandemic. the fiscal stimulus payments which, you know, have abated and we are seeing more women going back into the workforce, but still issues with child care, issues with younger people saying, you know, $15 an hour is not enough, it s going to take more than that to get me back into the labor force, and then that having a knock-on effe
politicians. again, these are potentially good changes for the long term, but in the short term to midterm they are going to be inflationary. and then of course you add in all the dislocations again from the pandemic. the fiscal stimulus payments which, you know, have abated and we are seeing more women going back into the workforce, but still issues with child care, issues with younger people saying, you know, $15 an hour is not enough, it s going to take more than that to get me back into the labor force, and then that having a knock-on effect to workers higher up the food chain. i m hearing from a lot of ceos because there s so much labor inflation at the bottom that also puts pressure on the wages at the middle and top end of the spectrum. i have to ask you about china. dramatically lower birth rates than they had even expected, growth has gone down, the tech industry in china, which was much wanted for a while, is under fire. does this all matter or is china