The idea in larrys revival of stagnation is that because Going Forward the returns to capital and Consumer Spending are likely to be weaker than theyve been in the past, that the real Interest Rate that is needed to provide full employment could be very, very low. And there are a lot of reasons as we see very low Interest Rates, and he talked about in his remarks to the association of business economics a number of reasons why the demand for capital and the demand for Consumer Spending might be unusually low Going Forward and the same ones that, essentially, you need very low Interest Rates to get the economy up to full employment. Slower growth both from population and and also from possibly slower technical change, also he notes and i think this is an interesting point that if you look at new Industries Like facebook on the one hand versus the industries that were dominant in the 50s and 60s like steel making obviously, facebook and Similar Companies have much smaller needs for capit
Rather than supporting growth and i argued as chairman during that time that shortterm fiscal policy ought to be more attentive to the needs of recovery those concerned about fiscal sustainability should be in no long term framework but that fiscal policy of though whole ethic is even more of a burden on the fed to keep Interest Rates low to full employment you will get your answer. [laughter] but i could give fate fiscal recommendation. [laughter] fed is not beyond my scope. Can you talk about what to reduce the global imbalance to weaken the currency . What leverage and with those currency levels so for the following reason no chance it will be excepted. Oldfield the economists can tell the difference with the Exchange Rate and Monetary Policy have not sure a technical legal document could do that. And i dont think theres anything wrong with Monetary Policy. With the given economy even with the Exchange Rate. The with the perspective of the trade partners the exchangerate movements i
Im going to introduce them when i introduce the governor for his remarks but you should know theyve been listening and speaking with a wide variety from stakeholders from the grass roots level up and theyll continue working hard until their recommendations are finalized in june. The dean see conducted a postelection poll with 100,000 of our supporters. The association of state democratic chairs you should ray buckleys leadership conducted a survey of its membership and each of the Campaign Committees all contributed research and information to this task force and we will continue to Work Together. The work has reached into all 50 states to look at what it takes to build, run, and win political campaigns in america but the bottom line of what we food to do is educate people who are not in this room voters Donor Community leaders and activists and we need to do it through every channel possible from Voter Registration to candidate recruitment and training. As the dnc, it is our responsib
Diverse contracting practices by working with top vendors to encourage diverse hiring and contracting practices throughout our supply chain. Second continue to grow Training Programs that promote diversity like the Hope Institute training and job placement program. Third, ensure that diversity policies are followed throughout the structure of the dnc, including state Party Delegate selection and 2016 convention vendor usage and staffing. Fourth, improve diverse hiring practices, monitoring senior and general staff in identifying more diversity in our internship opportunities. Fifth, work with our state partners to grow diversity by sharing best practices and helping develop statespecific expectations and goals. The Strategies Tactics aen and tools of the party are designed to spread the democratic message. As for the message itself, its one to be proud of. Middleclass economics as president obama said yesterday works. Six years ago president obama inherited an economy that had been los
Forces. But they will not be responsible for securing iraq. Tonight we are going to update you on the political realities that have led to the present ends than of his plan to degrade and destroy the Islamic State. Joining us is k. T. Mcfarland democratic strategist doug schoen and National Reviews Jillian Kay Melchior. Also herotorus srecynd idologal aitiowhave be cahingupthilary clton. W ll nbershowthe jori ofmerinsave cide tha the former secretary of date is anything but honest and trustworthy. We are going to examine the mounting problems for the clinton president ial campaign and the Baltimore Mayor who wants said that she wanted to save face for those protesters and demonstrators that wanted to destroy parts of baltimore. And now she wants us to pay she Christian Adams is with us to discuss the liberal campaign against Law Enforcement decency and common sense. We begin tonight with a white house that is as it has been in so many other is in transition. This time trying to move on