Anded establish the idc, was in the first of the president of the icc. Currently the head of head director of publicity for the swiss foreign minister. Catherine has done a tremendous anunt of work and was advisor. Within the office of the General Council at the cia at the start of her career. She is currently involved in so Many International discussions i wont even list them. Colonel gary brown to the left, the ambassador, is currently a security of cyber the Marine Corps University in quantico. Thank you for joining us. Prior to that, he was in the icrc in the washington office. He has been an advocate for Cyber Command and other military commands. There he experienced in this. Finally, david simon, who was in of the unnamed lawyers the New York Times article yesterday. He is looking down. I shouldnt have said that. Special counsel to dod, the general counsels office for a long time. With otheroing a lot security issues. One of the real experts we call on here in washington. Will do
Get into the question of what policy can do and what the administration has proposed to foster higher savings. And so im going to start with the macro case for higher saving. So, the u. S. Personal saving rate, which is loosely defined as saving net of new borrowing divided by aftertax income has declined markedly over the past several decades. Americans saved 12 of their incomes on average in the 1970s. About nine percent on average in the 1980s, and about seven percent on average in the 1990s. Since 2000, the personal saving rate has averaged just under five percent, which is about where it is today. And its a very low level by historical standards. Researchers dont entirely understand the source of the longer term decline in personal saving rate but some have pointed to lower interest raise, higher aggregate wealth, and a greater ability and willingness of households to borrow as possible contributing factors. Whatever the reason, low permanent saving can be problematic for the grow
Were lied to about weapons of mass destruction. Yes, like to. Yes, lied to. We know where the weapons are, they didnt know where the weapons are, that was a lie. Warblican party, the bushs put us in it. Not only did the creek is to joy war, but they created the wars not only did they create the 2 trillion war, we did exactly what the experts told us not to do. It was a hornets nests. Dan. Ou,hat it would be disingenuous to say the Obama Administration costs are dead. He inherited the debt. Clearly, it would be disingenuous to say barack obama has not been responsible either. He is added to trillion dollars to the national debt. Trillion to the national debt. Been, to be fair, a Republican Congress that worked with a democrat president to have a balanced budget and we have not had one since. Debt and deficit is a bipartisan calamity. Inh have been complicit being fiscally irresponsible. This is one area where we will blame both sides of the issue. It isis no questions that the democrat
Recording this conversation on monday afternoon, most good time when the full scope of the russian strike simple in the ukrainian infrastructure is still unclear. Although i think we can all admit that its extremely distressing. On a human level, seeing people sheltering in the subway, running, destroyed down the streets. But i think in the olympic liam as a, as a former war correspondent, its kind of predictable, especially in the light of sundays. The attack on the crimea branch as well as the previous attacks on the, on the russian gas pipelines. Do you expect further escalation at this point, or do you think it will stop here . Unfortunately, i see this. Its very possible its going to escalate further up. And i think largely because the west wants to escalate, in particular the u. S. And the u. K. Ah, you know, i think the whole purpose from the Western Point of view for this war was to undermine russia to weaken russia in the way that the afghan war of the eightys was intended to
Dont have proof, though. There is some evidence. Anyway, there are some circumstantial evidence, but im pretty certain the us did do that. And whats important, dramatic about that is not only was that an attack against russians, an attack against german, right. I mean, it really what the us, i think intended to do there was to make it impossible for the natural gas to blow again from russia to germany. And just they are for make in exit auction for russia more unlikely. So what we see is the u. S, trying to cut off all avenues of exit from this conflict. Thats what i think youre seeing happening. Even in the United States is behind the attacks on the, on the pipelines. Its still carries on, maintains a certain degree of plausible deniability. But when it comes to the crimea bridge explosion, i think the, the ukrainians are actively celebrating. And i mean, there are just, im sure theyre calling a National Holiday on that occasion. And i think what as an additional detail to this whole