Very much with us. Is greg joining us davis. I want to push you into a realm of speculation about the president or google hope he has a speedy recovery along with the first lady walk me through how you processed this. Ultimately, how soon will we actually got some simple therapeutics and when will a vaccine be available and how will that translate into the economy and allowing businesses to get back to usual. Do you thinkt about the degree to which consumers will engage or disengage in the coming months, given what is playing out in europe and the spark spike in the United States . Gereg when we start to see start to see effective vaccines, you will see a broader reopening of the economy not just in the u. S. But until people get back to facetoface activity and trash traveling and leisure and hospitality, it will be a drag on the economy. We still think the recovery will be relatively slow here when you think about the implementation and availability of the vaccine, it will go to front
Remote hearings certainly arent the same as sitting together in our Committee Room but this new authority has allowed us to continue to do our work on behalf of the American Peoples while keeping our staff, family and broader communities safe. This is the second official virtual subcommittee hearing in the ways and means committee. As with our previous hearing i want members to know i plan to continue this committees long tradition of collegiality and substantive debates. Even as we conduct our business from afar i will continue to work with our Ranking Member and his staff so to ensure that the rights of all members are respected in this new virtual format. Before we turn to todays important topic i want to remind members of a few procedures to help you navigate this new platform. First, consistent with regulations the committee will keep microphones muted to limit background noise. Members are responsible for on meeting themselves when they seek recognition or when recognized for the
Implications for Monetary Policy but the implications for fiscal policy. Moree longer we wait, the institutional damage. Michael collins joining us. I think that was the first question everyone asked when this job support dropped, what do these numbers mean for the talks in d. C. . Michael i dont think these numbers have any impact. They are backward looking to a large extent. The survey period ended weeks ago. The is important is trajectory of job growth over the next couple quarters. Personally, it will be really sluggish. We have had a big rebound, a and part of that rebound is over, and it will be really tough. You have the expiration of some of these programs like ppp, unemployment benefits, and that is going to weigh on income and spending. Until theyy not act have a gun to their head. Are doing well, ostensibly, the markets are improving, they are dragging their feet. Negativewill take more data for them to act in unison. Jonathan in this market, it is not pushing anyone around.
So today, were going to be, of course, reviewing and discussing section that really talks about malcolms views, malcolm xs views on on africa and even the middle east. And of course, we read a few of the letters that he sent home when he was traveling in 1959, as well as in 1964 in africa as well as the middle east. As well as a few speeches that he made. One in 1959 and another in 1965 before he was killed. That really sort of talked about his viewpoints on africa. And then also a very critical interview that he gave when he attended the organizational organization of African Unity conference in in late july of 1964. In which he sort of discussed his strategy and the reason why he came to that conference and was appealing to these african heads of state. So hopefully, everyones read and and listened to these speeches. And so we can really sort of get a sense of of malcolm xs viewpoints on africa. But really, i mean, i think in order for us to really understand why malcolm expressed so
And of course, we read a few of the letters that he sent home when he was traveling in 1959, as well as in 1964 in africa as well as the middle east. As well as a few speeches that he made. One in 1959 and another in 1965 before he was killed. That really sort of talked about his viewpoints on africa. And then also a very critical interview that he gave when he attended the organizational organization of African Unity conference in in late july of 1964. In which he sort of discussed his strategy and the reason why he came to that conference and was appealing to these african heads of state. So hopefully, everyones read and and listened to these speeches. And so we can really sort of get a sense of of malcolm xs viewpoints on africa. But really, i mean, i think in order for us to really understand why malcolm expressed some of the things he did in these in these letters. Because in many ways, we see that hes sort of arguing against particular ideas within the black community that were w