In a natural relationship. But that being said, you dont want to create the government has a responsibility to the taxpayer to be fair and to be transparent. You have to do that. The question becomes how can you do that but at the same time give industry the flexibility to do what they need to do . I dont know there is a good answer which is why acquisition reform has been a buzzword for decades and continues to be something we continue to strive for and continue to struggle with. But i would say that is probably the hard problem of the century. But nevertheless it is something we have to continue to strive to get better because there is a balance between letting industry innovate and letting industry take responsibility and put goods into the hands of the war fighter that meet the war fighters needs and making sure that the responsibility to the taxpayer is upheld. So before i go, let me follow up with a specific question. Is there one word, based on your current understanding of wher
Breeze at 5 miles an hour, it is 70 degrees, with 59 relative humidity, this is a nice morning. 6 04 your sunrise time. So once the sun is up, if you want to go out and take the dog for walk, or doing little exercise in the morning, this is a good day to do that outside. 59 degrees in allentown pottstown, really cool 51 mount pocono. Sixtytwo in trenton and 66 degrees in millville, new jersey. Winds as we said, mostly out of the northnorthwest, at only 5 miles an hour, so it is not excessively breezy either. We broke the heatwave yesterday with a high of 89. Eightyfive will be our High Temperature today with sun and then some increasing clouds throughout the afternoon. But nice day with northerly breeze, this is a good one. Tomorrow, maybe not so much. We will talk about that rain leading into the weekend and when it get out of here, coming up in your seven day forecast. So, bob kelly everything is dry and tranquil right now. Somewhat. So just few moments ago, live look at comings here
Problems that may only be applicable or of interest 20 of individuals. 20 of households. Not everybody does yoga or, you know, we saw propane tanks that were, you could connect to the internet so you could know by looking at your smartphone how full they were. And thats probably not applicable to everyone because not everyone uses a gas grill. We start to move into these smaller niche markets. Actually, i have the opposite response. I think what because the cost of experimentation is so low in the market 9utn, what you actua see is sort of 1,000 experiments, 999 of them fail utterly, but when consumers find the right one, got the thing right. We talked in our book about the game draw something. And how went from zero to millions of users in a matter of days. For whatever reason they got it right, and what happens now, consumers essentially tell each other. It not, you know, its not broadcast marketing like it used to be. Its social media based. They say, all right. This is the one that
Getting this sort of thoughtful discussion it deserved. I think 15 or 20 years ago, erik and i talked about this when i was a graduate student and erik was a professor and we felt that people werent taking the issue seriously. If anything, i would say people should not panic at this point. And i think you know, there are a number of remarks i could make. I think there are season for some skepticism or at least a a little bit about how fast things are actually moving. And i would think there is a lot of aggregate data that dont suppo support the idea that the labor market or the idea is changing as a dramatic story. So the premium to Higher Education has plateaued over the last ten years. And in fact, we see evidence that highly skilled workers are moving have less rapid career directors and moving into less skills and productivity is not growing rapidly and the unemployment growth weve seen have been in relatively low education, in person serve occupations which has a Technology Elemen
Nation in the world. Our rate is the least competitive rate there is. Our business tax rate is 60 higher than our average economic competitor. Think of that. And then you say, how do you compete . Well, in many cases you dont. Our companies leave. They go to other countries. Its a massive tax on every product made in america, giving countries like germany, canada, japan, south korea, china, and mexico, not to mention so many others, a massive head start over american industry. It is time to go from dead last to pretty much the front of the pack. [applause] pretty much. We wont be the lowest but well be getting pretty close. Under your framework, we will dramatically cut the business tax rate so that American Companies and workers can beat our foreign competitors. [applause] we will cut the business tax rate from 35 all the way down to 20 below our average competition by far, and this is a revolutionary change and the biggest winners will be everyday working families as jobs start pouri