Invest in laborsaving is it not possible that improved wages themselves can help lead to improved product activity, which can create a virtual cycle with wage growth officer time yes, thats exactly what we hope is happening right now. So youre committing to keep your foot off the brake . When i was getting ready for this hearing, i went back and read something that you said in your very first year on the fomc committee. You noted you havent seen anything in the wage data yet to support that it struck me as interesting. It got me to thinking about my frustration, and how its been 2 1 2 years since he hit the supposed definition, yet it keeps dropping and the definition of full employment keeps chasing it it made me wonder, as it relates to what you said earlier, why dont we just use woo wage data to help define it. For a lodge time there was slack in the labor market. Weve reached the point where the risks are really twosided now. If we do get behind and the economy does overheat. If th
The confederates were coming. Were able to hatch one of the most audacious plans ever factdered, despite the that they only had 40,000 men on this entire battlefield. Almost 85,000 Union Soldiers. Robert e lee and Stonewall Jackson decided tos there forces in the face of the enemy. While everybody was obvious to the east, Stonewall Jackson took considered; and march in broad daylight, cleaner and the union army. His vanguard was less than a mile away from us in setting up their position. 27,000 confederates soon filled the woods. Stonewall jackson had three divisions under his command. Behind him came jacksonville two reallyd by colston. Largest division was like an behind under the capable leadership of a major general, powell hill, apo. Ap hill. They were ideological opposites. They had profound respect for each other as professionals soldiersprofessional carried by five phone 15 on the afternoon of may 2, 1863, Stonewall Jackson had 20,000 men in line with 7000 closing in behind whe
Casualties in getting to the same place. They maintain great hope lee would triumph. Certain that lee and his men would somehow inflict a fatal blow to the norths willingness to fight. In the union army that june, soldiers saw the spires of richmond just eight miles away. Union soldiers, too, gained hope from that. But recognized, too, how hard those last eight miles would be. A pennsylvania soldier wrote of the moment, in the prospects, theres a magic influence in the expression as it passes from lip to lip. Eight miles from richmond, boys. Only eight miles from richmond. What treasure, what a restored peaceful happy in the United Country and the a free government can pay for the precious blood that must be shed in the inexpressible sufferings that must be endured before this short distance can be accomplished. That pennsylvanian could not likely have imagined just how painful the answer to that question would be. We hope that you will join us, the staff here at fredericksburg and pos
The casualties were astounding, a stouinstounding to soldiers, generals and those left back home. Amidst the staggering losses at cole harbor, for every soldier killed, wounded or captured, there was a family. Mothers, fathers, sisters, brothers, sons, daughters that also felt the loss. The loss of the men that fell at cole harbor in the spring of 1864 reverb rasreverberated thr kmunlts a communities across the north and south. The battlegrounds left indelible kbag impacts on the living left behind. So, too, were the believes of the men who fought that bloody spring. Indeed, in spite of so many lost lives, those believes and ideas about nation, government and home became even more deeply enslie enshrined in the hearts and minds of those left to fight on tonight to reflect upon and learn from today. Writing soon after the war with a perspective on hindsight. Sally putnam came to believe that in its own unique way, cole harbor had been a landmark event in the 1866 Campaign Across Central
Been going on for some three years. Massive casualties and losses. Tremendous disaffection in the north with the war. It looked like it would go on forever. Abraham lincoln, of course, is up for reelection. Its important to have battlefield victories for the north and its important to win battles in virginia. Virginia is still the preserve of robert e. Lee and the storied army of Northern Virginia. So lincoln brings east his best general, thats going to be ulysses s. Grant, the general who won all the battles in the west. And he gives grant a basically a twopart requirement. First, to bring organization, to bring continuity to the union war effort. And secondly, to defeat the army of Northern Virginia. And grant goes about making it possible to carry out that charge with a vengeance. First he puts together a program, unlike any that the war has yet seen. He realized that up to this point, battles would last a couple of days, and then the armies would pull apart for months. Grant would