Roles Rather Congress can do much more efficient stimulus through some subsidized job creation and some director job creation. To bring it full circle again, i think we are all tied up in this plays right now what if we were asked are ready for the next recession right now the answer would be no. But the long answer we do think is really possible. If we do strengthen our automatic stabilizers and build some architecture and other programs like we recommend in the paper we think we will be ready for it when it gets here. So thank you very much. [applause] thanks everyone. Thanks very much. Ill talk about policies for the next recession, will do my focus. Want to start by uploading ben. Ive taken a quick glance at the paper so at first glance some things i disagree but it seems important and im glad theyre doing it. The hard work, whats right thing to do and how to prepare, and the point that ben made at the end about this a good program have the infrastructure set up to wrap up. It seem
Lets check on the markets for you. Two hours and 30 minutes away from the market opening in new york and futures are a little bit softer. The s p 500 futures are negative five. Over in europe, the stoxx 600 getting beaten up this week coul. The ftse off by 8 10 of 1 . Heres the dollar ahead of payrolls. The eurodollar 11426. The dollar on the back foot they re. A forecast for low inflation down under. Yields are creeping a little bit lower, down a basis point at 1. 4 for the 10 year. Big moves in the bond market, matt. Matt that is one of the stories we will be focused on throughout the hour. I also want to kick off my stock move percent with what is i goig on in europe. Another loss that was 42 narrower than the same quarter last year. A secondhalf rally as steel prices improved. Man group is the Worlds Largest publicly traded hedge fund. Bywas moved from a cell to a off of Hedge Fund Fee structures. Paschi took fewer bad loan writeoffs as they are up, but it is a penny stock for real
Will you marry me its the ultimate live surprise on this veterans day. This serviceman getting superstar help to ask his girlfriend to marry him. Singer jason derulo here to make an incredible moment shell never forget, only on gma. And good morning, america. And on this veterans day, a big thank you to all those to serve our country, including the dozens of active duty servicemen and women here today for our live surprise. A greatlooking group. The woman at the center of it all is sequestered. No requested what is happening. She thinks shes here for her boyfriend to receive an award. We begin with the latest on the devastating typhoon in the philippines. 10,000 feared dead. The view from the air. Pure destruction. Look at hose two massive ships carried ashore by a storm surge up to 19 feet. It hit for two full days. Terry moran and Gloria Riviera are there. Reporter george, night have fallen here in tacloban. Were well past the 72hour point. Those who have been able to survive this lo
SAN ANTONIO - Numerous school districts around our area are facing huge budget shortfalls heading into the next school year.Now, superintendents across Texas ar
Republican voters in Texas sent a strong message this primary season about their expectations for ideological purity, casting out 15 state House GOP incumbents who bucked the grassroots on issues