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You can also open some questions. From a timing standpoint economically, i think its an interesting time. We had jackson hole, Second Quarter gdp numbers looking a little better so thats great. From a human and social perspective, its an unfortunate time in our sympathies and prayer go to the folks in houston. Get right into it. We will talk to the domestic economy and the Global Economy. Lets start off with u. S. Economy. Where do we stand right now whats the outlook for the next three to five years. First quarter gdp was 1. 2 . Second quarter was 1. 3 . For the year 2017, u. S. Economy should grow approximately two and a quarter percent. Its not great by historical standards but certainly sufficient in our view to further take slack out of the labor market, drive down the on employment rate and other measures of employment slack. We can talk about that there are a number of ....
You, beginning today. More reaction overnight following the latest missile test from north korea. In london, Scotland Yard investigating what they are calling a terrorist incident at a train station this morning. For the next hour, your calls on the apparent agreement between the present and congressional president and Congressional Democrats on the daca deal for socalled dreamers. We want to hear only from Trump Supporters for the next hour. If you voted from the president , what do you think about this agreement . 202 7488000 if you live in eastern or central times on. 202 7488001 if you live in mountain or pacific time zone spirit trapped voters only for the first out time zone. Trump voters only for the first hour. Good friday morning. Thanks for being with us. Other news at the top of the hour, from the bb ....
Income. We will get the calls and comments in a moments. We want to welcome olivia golden, the executive director for law and social policy and Robert Rector, a Senior Research fellow focusing on domestic policy. Let me go through highlights. First, property is lowered them before the 2008 recession. The rate is 12. 7 , down from 13. 5 a couple of years ago. 2. 5 Million People no longer in poverty from last year and about 6 million over the last two years. The number of people in poverty decreased from 2015. Adults 65 and older are the only group to see an increase. Poverty, theo u. S. Rates were under 10 representing about one million families, declined from 10. 5 or 8. 6 million families in 2018. Robert rector, what do these numbers tell you. Tell you in regards to poverty . They are misleading. You have to understand ....