Small businesses are dead and j. P. L. Said chairman says this is fine because its fine this is fun to find a monkey beautiful again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claimed last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of u. S. Aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent t
So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this i
Deficits in the out years. I remember our Health Care Costs coming back under control. I learned that the projections of the balanced budget within ten years which would be six years from now. Do you have no recollection of those . Payware that kennedy is projections. Cbo doesnt do projections of resolutions only of bills that are being considered and under the current law. On the estimates weve done sometimes they are putting the assembly of them as the bottom line for the resolution that doesnt come from us. The last time we had a High Percentage was during world war ii. In fiscal year 1945 we grew out of that it be not . What happened after world war ii is the budgets were more or less balanced. In fiscal year 1945. Truman abolished the tax and in fiscal year 194016 produced the income tax rates. He took in fiscal year 46 the federal spending from 85 billion down to 30 billion in a single year. He fired a 10 million federal employees in the deep mobilization and projected unemployme
Tougher provision on search and seizure. So Law Enforcement people are very practical. To give a general answer to it you would have to be specific place by place. Would it overwhelm the state is that what youre talking about . No. As a general matter, we ought to defer to the states. One of the previous witnesses said in ascertaining, when you go through the list of things that you ought to consider, the differential in penalties was not on their list of things that were legitimate to consider. Do you agree with that . No. That you can pick and choose your jurisdiction based on the absolutely. We did it. Well, yeah, did you it. We did it. The question was an we did it in richmond. People brag about the fact that project exile worked. I have an article against project exile. Without pointing out that the crime rate went down but in other cities in virginia that didnt have project exile, the crime rate went down more. Exactly. I pointed that out in my article. You mentioned a notice. Ha
These are are three different studies the first one by doj the other one involved the same person but with different methodologies used and thats why the different numbers. I see but that does not indicate that there was no growth in the number of there was growth but actually it may or may not have been 300. Its more. It was more than that. Well, okay. All right. Well, so thats a modest assessment. 3300 as of 98. That was 300 more than in 1983. Between 1998 and 2008, that ten year period saw a rise to 4,450 according to your the 1998 figure which i explain in there is not a reliable figure because it did not follow the methodology. So you think it was higher. It was much higher. Okay. The doj methodology which i used and which has been my email told to me by the person conducted it that i used the same methodology that doj did. We explained it to crs and they followed that. But what happened in 1998, they not break particular statutes down into the various crimes within ones statute.