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I know you did not want to be very political, but do you put out anything at all . Because when i look at things that the government does, i draw a different conclusion than what my friend mr. Sherman draws. I see regulations that say the has regulation hayes regulation being implement it in the west, you cannot see the difference in the air. You have to have a computer to measure it. Using that regulation, coal miners being sent to the house in new mexico make 60,000 a year and they are going to be on subsistence level Government Support checks. That is an actual regulation that is penalizing the job market. I see those penalties, but do you all put out any kind of a fact sheet that says, look, you increase minimum wage, burger king is going to go and put kiosks in. The poor people are never going to get into the labor market. The gap between the rich and the poor is going to increase because we have outsourced and sent those ....
Is returning to a moderate pace. She said the fed needed to verify the expected acceleration in growth and now she isnt acknowledging that may not happen at all. Important change in language and important shift in tone for the fed and for janet yellen. The speech that she is about to couple contains a little of bombshells that help explain why. First, janet yellen now admits that Larry Summers and other prominent ecommerc economist my crisisperi t a post period may be here to stay. Admits the he also Financial Market volatility that has made it so far for the fed hard for the fed to control the economy and to raise rates is partly a consequence of what she calls accommodated Monetary Policy. Low rates can be selfdefeating. They indirectly create a barrier to higher rates. Finally, i like to draw your attention to the < ....
Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the q a session with lawmakers. Some discussion it might be more contentious than usual even with her recent comments in the meeting last week. On both sides a lot of people saying ....
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