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You and the president were taking credit when things were going well in the economy. The president now when so many people are suffering . Larry well, there a lot of there, i agree, ut i will also argue the economy has registered a very the g comeback from pandemic, including todays jobs a 6. 7 unemployment rate. Now theres still over 10 Million People who are jobless, not good. That is hardship. Be ay the way, that should target of any in any assistance package. At the peak it was 23 million. 150 million t working. And thats way up. The 10 million unemployed is way down. I like that. I have to say, look, in terms of these numbers i know you are deep in the get numbers, but you still got on. Es a housing boom going Consumer Spending is strong. Business and of Factory Production going on. T. M. I. s s and the were ....
Multiple seeking challenges in the rise of yonperforming loans, so m second question is on banks. The general counsel discuss the onond containment measures european banks . Thank you. Thank you very much for your question. Tltro is a longterm refinancing scheme that is really intended help the financing of the economy because banks are offered very attractive terms in order and provided that the lind to the economy. It is not that they lend to the economy. It is not that it was a very generous package of refinancing without any conditionalities. The banks are going to only be eligible to the very attractive rate of 100 basis points provided that they lend at least as much as they did to the economy. So that is number one. It is an encouragement to finance the economy. And all sectors of the economy, not just large corporate accounts. It is focused on small and mediumsized enterprises. Through the enlargement of collateral pools, we make sure it can reached the small osborne orders and ....
Here are your top headlines from the bloomberg terminal. Confirmed coronavirus deaths top one million globally but some estimates are double that. Angela merkel warns about a christmas virus bike as the netherlands imposes a threeweek curfew on bars and restaurants. Stimulus still drives stocks. House democrats released a scaledback 2. 2 trillion proposal. President trump goes headtohead with joe biden tonight in the first u. S. President ial debate. Out free now, considering the purchase of daimler and bmws joint shares 3 . 3 into the close. Lets take a look at futures. We see green arrows, but only up. 1 or. 2 . U. S. Futures are doing better at this early hour, up one third of 1 . Regardless of where you look, the dow jones, s p, or nasdaq, contracts are rising. What do you see on the gmm . Anna a fascinating day yesterday in markets, with gains of more than 3 on some European Markets. As you have been through, futures looking ....
Good morning. Guest thank you for having me. Host how do you define the middle class . Guest there are so many ways you can define the middle class. I like to define it as an aspirational set of Economic Security items that americans want to have to make their lives feel safe and secure. So i do find somebody who is middleclass as somebody who is able to buy their own home, a car, send their kids to school and save for retirement. These are basic comforts that help everyone feel more stable, even through difficult economic times. If you have a job that gives you enough income and you can build enough wealth to get those things, then i think in america we would call you middleclass. The people striving for that security bucket of goods are aspirational middleclass. Far back in our history does the use of the term middleclass go to refer to economic success . Guest we think of the middle class as quintessentially american, but it ....
Book about the middle class in the United States. Rudolph discusses foreign interference in campaign 2020 at 9 15 a. M. Host following the Police Killing of a black man, jacob blake, in kenosha, wisconsin, and a week of protest and violence, President Trump went to kenosha yesterday to meet with Law Enforcement and tour the damage. He reiterated his Campaign Theme of law order. Good morning. This is washington journal. We will spend the first hour getting your views on the Campaign Message on law order. Is it working . The lines for those of you supporting former Vice President joe biden is 202 748 ....