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So this is panel two. Thank you so much for coming. Take it away. Thank you ron and thanks to all of you for being here. My name is a. Im in policy studies at the American Enterprise institute. I work in tax policy labor markets. One of the areas ive recently been focusing on is paid family leave. As im listening to the conversation i think you know generally talking about paid leave and child care and how we reform the existing system in the u. S. Is very important to the conversation that we have here. Ive also written about the system of child care, the Child Tax Credit, the you know, the system of tax credits that we have and how much of it is queued toward people at the top. How people with the benefits doesnt go to the people with the lower income. This is part of a larger discussion how do we reform child care how to we make it more accessible to people at the b ....
So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep rates unchanged. Big focus is what the fed says about inflation. Well have full coverage beginning at 2 00 pchl we have 175 s p 500 Companies Reporting this week. Today its boeing, cocacola, ford and among all the names youre ....
Important one. There are some people, call them 1 if you will, who can make enough money from their ordinary daytoday income to become truly rich. What a great thing. But for the vast majority of americans, that paycheck is not enough. You need to augment it, work with it. And if you keep watching, im going to tell you how to do that, not just for the next year or two years but the rest of your life. Usually i come in here and tell you what i think of the markets, what themes are the best, stocks that fit those themes. But the truth is before you start investing in stocks there are a lot of other things you have to do if you want the payoff from those investments to mean something later in life. When you most need the money. You may not want to hear this, but its fruitless to think you can get rich in stocks if you havent laid down a foundation for building longterm wealth beforehand. What do i mean . Simple. You can make a fortune in the market but if youre hem regging money anywhere ....
The Unemployment Rate fell to 5 . This congress should pass a serious infrastructure plan and keep those jobs coming. That would make a difference. The pipeline would not have made a serious impact on those numbers and on the American Peoples prospects for the future. The pipeline would not lower gas prices for american consumers. In fact, gas prices have already been falling steadily. The National Average gas price is down to about . 77 over a year ago. It is down one dollar over two years ago. It is down one dollars twice seven cents over three years ago 1. 27 over three years ago. A gas stationnd selling gas for less than two dollars a gallon. Politics has been consumed over a debate on whether this pipeline would create jobs and lower gas prices, we have gone ahead and created jobs and lower gas prices. Third, ....