Economist. I want to start way subject that ought to be near and dear to your heart. Nafta, and the transpacific partnership. We now have a president who believes all those things were terrible mistakes, that the u. S. Has been a loser as a result of free trade. Why are they wrong . And what are the risks of them behaving as if youre wrong . Theyre wrong because each of those were good deals and they were good deals in the following very specific sense. If you looked at how much trade barriers in the United States were reduced and you looked at how much trade barriers in the other countries were reduced, in every case, they were reduced two, three, four, five times as much in the other countries as they were reduced in the United States. The reality is that rightly or wrongly, by the mid1980s, the United States had an essentially open market so the main things these trade agreements have done is to open other markets to our businesses and to our exports. So you dont have to get into ab
Gasparino, so long with ben stein and adam adam lashinsky. Kennedy is off this week once she heard gasparino is here this week. Not true not true at all. She didnt want to come back. Neil so lauren what do you think of that hes saying the irs has to do these timetables and Everything Else but yes its doable february the net changes can already be in there. And the irs has said that early february. It could be possible. Its tax time. I know, its very unpopular right now when we talk about this tax cut that could happen. It could be our Christmas Gift but i think were also experiencing a sea change something that we havent seen before. Look at the latest numbers from just this week, retail sales on an annual basis up almost 6 so consumers are confident without seeing a tax cut. Small businesses looking at the second highest number. Neil that could keep the window yes, so we are seeing improvements without that tax reform so should we get it . We could see benefits by february. Im saying
Gasparino, so long with ben stein and adam adam lashinsky. Kennedy is off this week once she heard gasparino is here this week. Not true not true at all. She didnt want to come back. Neil so lauren what do you think of that hes saying the irs has to do these timetables and Everything Else but yes its doable february the net changes can already be in there. And the irs has said that early february. It could be possible. Its tax time. I know, its very unpopular right now when we talk about this tax cut that could happen. It could be our Christmas Gift but i think were also experiencing a sea change something that we havent seen before. Look at the latest numbers from just this week, retail sales on an annual basis up almost 6 so consumers are confident without seeing a tax cut. Small businesses looking at the second highest number. Neil that could keep the window yes, so we are seeing improvements without that tax reform so should we get it . We could see benefits by february. Im saying
For a conversation on Monetary Policy and the possibility of inflation in the u. S. Economy. Former Federal Reserve chair bernanke and Larry Summers speaking. Live coverage just getting underway. Will undoubted lly weighing. Thats the fun. We think that the question of rethinking the two Percent Inflation target is one of the most important questions facing Monetary Policy makers at the moment. You might say the backward looking question that we need to think about which we are thinking about is how did unconventional policy really work and should unconventional policy really be considered conventional policy. We look forward i think you have to argue that one of the biggest questions now is whether given everything we know whether a two Percent Inflation target framework is the right one for Monetary Policy. After all, when it was conceived nobody anticipated we would have so many years of trying to get inflation up to two percent and nor did we think that the long run equilibrium Int
Did you go to bed when it was tied . I did. What a finish. Alabama completes a astonishing come back to win yet another National Championship. But there was an Unlikely Hero , he was put into the game by coach saban, what . You are put ago this guy . Good day, it is, tuesday, january 9th, january 9th that is Richard Nixons birthday. Lets crank that up. Who is that cab callaway. I have never heard of jimmy davis, but i got in trouble with my 40s music. Your we playing the 40s music it will get in the 40s. When was last time it was in the 40s in the delaware valley. Sue . I can tell you when last time was, Christmas Day we reached 40 degrees. It has not been 40s in 2018. Not since and it hasnt happened yet when you wish upon a star we need big band music in the 40s. Harry james, we have kay kieser, my mother loved him. Glenn miller. Yeah, that is right. Moon light serenade. Were in trouble. I dont even know all this stuff, it is really sad. We have eight out of ten. That is right an eigh