That really we shouldnt expect today in successful, modern, techdriven economy, and closing this gap was a big part of the motivation, both for my term of duty in Public Service as well as i wanted to write the book. Host the subtitle is how new technologies can transform government. How does the u. S. Government use technology and does it do it successfully. Guest were moving in the right direction, i think about American History in the book. Go back to our founding fathers. We have had a long tradition of having government keep pace and often lead the private sector in the use of technology to solve problems. I noted, for example, one of the Founding Technology oz ibm had its origins in a Census Bureau employee who face seemingly irsurmountmentables to calculate the number of people in the country. So governments have long history of being innovative and the capability to deliver Better Services, and the last several decades we have sign a divergence in the capacity in the private se
Of the motivation both for my term of duty in Public Service as well as why i wanted to write the book. Your subtitle is how new technologies can transform government. How does the u. S. Government use technology and does it do it successfully . We are moving in the right direction. I try to spend a lot of my time thinking about American History in the book. If we go back to our Founding Fathers we have a long tradition of having government not just keep pace, but often lead the private sector in the use of technology to solve problems. I noted that one of the founding technologies of ibm had its origins in a Census Bureau employee who faced insurmountable odds to calculate the number of people that were in this country in the late 1800s. Governments had long history of being innovative and having the capability to solve and deliver Better Services. It has been the last several decades we have seen the big divergence between the capacity of the private sector and the capacity of the pu
Launches a new broadband service. Shares in henkle. The ukraine crisis is hurting europe but russias economy remains strong. The surrounding countries are reacting and russia remains strong. Europe is strong now. But germany is having the strongest growth since 2012. 6 billion and counting. Alibaba firmly on course for record breaking sales as consumers snap up online bargains. Cnbc speaks to founder jack ma later today. Display youre watching worldwide exchange, bringing you Business News from around the globe. Nouriel roubini says he doesnt think the fed will hike Interest Rates anytime soon. Factors in whether the u. S. Inflation and the rest of the world could lead officials to start hiking more slowly. It could be sometime in the middle of the year. Could be june, could be july. Even if inflation Employment Data the right level to start hiking, the fed would like to wait a little bit longer just to make sure that if they start hiking with the liftoff, theyre not going to abort it
Lackluster week. Lackluster again. Mixed markets, dow and s p 500 lower than nasdaq, but holding on. We got a report contracted, showing the lowest level of activities since july of 2009. Also, taking a look at dell shares. Surging more than 6 on an upgrade at goldman sachs, actually, a 180 on the stock. Goldman had it at a sell for two years, upgraded to a buying and increasing the price target from 9 to 13. Dell is up today. Back to you. Thank you very much. The majority, believe it or not of americans, have a low opinion of the lawmakers when it comes to being honest. Just above pushers at the local car dealership. Doug shone, what do you think of this . Ive been in the profession a long time. Ive seen it. Bottom line, just one category below politicians b and politicians, and thats political consultants. People are cynical, and with justification, lori. Whats going on in washington, they cant make sense of it. Do you think its change at all . Ust a fever pitch with the cliff coming
Because of the nature of inflation in there in the u. Actually in the eurozone is very different than to the nature of, of inflation in the us here. Inflation is very much driven, certainly in the beginning and by Energy Prices. And that would have been an important to identify because this is what determines what they said we can do. If youre going to raise Interest Rates without resolving this, of Energy Prices are you doing is youre affecting there real economy and without necessarily managing inflation. So it is dangerous. How can you resolve the issue of Energy Prices . Is it only through the war or will we see them settled down over time . Thats absolutely essential. And not just for inflation and Energy Prices. The resolution of the war quickly is absolutely essential. That is going to ease a little bit of a show of the Energy Prices. And then it is a matter of the transition how quickly we can transition into Meeting Energy demands, stabilizing in, in newark, librium. And of co