brian: the national economic council, the mandate, the mission of the organization is to coordinate economicy across the executive branch and across the cabinet, to make sure the president is getting the benefit of -- when making decisions -- of his entire economic cabinet, and also the cabinet is getting clear direction from the president as well. that two-way. it's a coordination function. on the nec itself are all of the relevant cabinet members. the core economic team, omb, council of economic advisors, treasury, but also the secretary of labor and secretary of commerce. my team, the nec team, a small team in the white house, our job is to do that coordination. we do across the range of economic policy issues. david: you were the deputy in the obama administration at the nec. now you're the director. which nec worked better, the obama administration one or the biden one? [laughter] brian: on the issues i worked on in the obama administration, it worked well. [laughter] the current nec works well as well. david: let's talk about your own background. i mentioned before that you grew up in

brian: the national economic council -- the job, mandate, mission of the organization is to coordinatenomic policy across the executive branch and across the cabinet to make sure that they are getting the benefit of when making decisions of his entire economic cabinet and also that the economic cabinet is getting clear direction from the president. it's a coordination function. on the nec itself or all of the relevant cabinet members is a core economic team, counseled economic advisory treasury but also secretary of labor, secretary of commerce. my team is a small team within the white house and our job is to do that coordination across the range of economic policy. david: you are the deputy in the obama administration, which worked better, obama administration or by an? brian: on the issues i worked on in the obama administration, it worked very well. the current nec works very well as well. david: let's talk about your own background. i mention before you grew up in the boston area, what did your family do? were they in business, academics, politics, important things like private equ

the director of the national economic council will be with us this morning. >>> and there's now just one week left until the pandemic era poicy title 42 is set to, pyre. officials at the southern border are grappling with a steady increase of families seeking asylum in the united states. looel we'll look at this humanitarian crisis. >>> and today marks ten years since the devastating massacre at sandy hook that took the lives of 20 first graders and 6 educators. speak with a congresswoman that represents the newtown area about how the community is healing. >>> we begin with our top story. dualing weather threats acarrot the country. the national weather service confirms a tornado touched down in mississippi east of jackson. and overnight tornadoes in multiple states left dozens injured. at least two people dead, including one child. emergency crews are searching through debro for victims and survivors after the storm tore through texas, louisiana, and oklahoma decimating homes and leaving others without power. meanwhile, millions of americans are now under blizzard warnings as a mass

are in favor of opening so they'vef downgraded starting with bill clinton by creating the national economic council where you put someone who e is more of a political person in charge and downgraded the role of the council of economic advisors. the. other thing is the president's like experts that told them what they want to hear. it's not quite the vladimir putin problem, they have experts that it often emerges between the economists in the west wing and the president because i have to give him what he wants to hear. one of the most entertaining things for me to do is all those years at cnbcye we would get new senators and they would go into broadcast mode. there are very few jack kennedy's in the world. liberal economic, conservative, he was somebody you could talk to. lyndon johnson was not a someone someoneyou could talk to. ronald reagan. donald trump wasn't a someone you could talk to. donald trump would've told the economist what he wanteded to hear. >> let's go to david in michigan on the independent line. >> thanks for taking my call. the gentle man made a comment earlier about climate cha

last year, two seconds, 2021, we wrote to brian deese, the director of national economic council, requesting information on the administration's plan to combat inflation. we have not received a response. more recently, on august 24th, 2022, we wrote to president biden requesting a briefing on his response to inflation and received no response. they, we are sending another letter to brian deese, requesting a briefing on the solution to address the economic crisis, for the sake of the american people. the members of this committee hope that we can conduct real oversight to the cause of this historic inflation, and work to ensure that the american people are better taking care of to get through this crisis. thank you very much, and i yield back. >> thank you, mr. cloud. i would not like to introduce our witnesses. our first witnesses, excuse me. >> our first witness is mr. mike konczal, director of macroeconomic analysis at the roosevelt institute. our second witness is the honorable robert b. reich, former secretary of labor and current carmelo friesen professor of public policy at the goldman

an upward revision also revised slightly higher for a 4.7% annualized rate joining us is national economic council director brian deese good to see you. happy holidays. >> likewise. good to be here. >> it's been a mixed bag today what do you make of that final look at the third quarter, and all of the folks who says at the time they thought we were in recession? >> well, you know, usually the final revisions to gdp don't tell you all that much we see a resill gens, that the growth was solid, and importantly we saw more of that was driven by the consumer and private final demand, which is valuable and important in this context. and at the same time, some promising signs of inflation easing as well we have seen that in multiple parts of the economy so when we look at this, we look back several months, and this is what we needed to see, a very strong recovery to a transition to growth that's more steady and stable, but to do that transition, i think the data we have seen in the course of the last month, as well as the revision we got today are consistent with that transition playing out here >> if we

the unions provide a third of their votes on their ruling national economic council, national executive committee , half the delegates committee, half the delegates for party conferences, and, of course, millions of pounds each yeah course, millions of pounds each year. but i'm seeing signs, and maybe you are too of some people in labour trying to distance themselves more and more from themselves more and more from the trade unions as the public begins to lose patience . we've begins to lose patience. we've got multiple strikes across multiple sectors and so christmas and beyond in particular, wes streeting very much tipped as a leader of the future health sector shadow health secretary, complaining that why should the doctors get 26% pay rise, which they're going to strike over when so few people can see? yeah, when so many people have problems getting hold of a doctor. he's presenting himself as a patient's champion rather than the of the trade the representative of the trade unions within the nhs. lord blunkett as well in the daily express over the weekend, saying similar things that

big economic issue. >> director of the white house national economic council brian deese. on foreign relations, richard haass, and "morning joe" economic analyst, steve rattner, and you have charts on this, steve. why don't we start with that. >> i've got charts. a lot of people don't know what a chip is or what it looks like. so the first thing is on the left is chip built in 1956, when richard and i were born. you're a year older. and you can see it's about an inch by 3/4 of an inch wide. the chip on the right is the current cutting edge chip, and roughly the same size. here's my "morning joe" quiz of the day. >> please. >> how many of the things on the left are in the thing on the right? >> a thousand. >> how many things on the left are in the thing on the right. >> a million. >> 10 million. >> the answer is 57 billion with a b. >> i was the closest. >> wait, in just one. >> in just one. >> i have a headache. >> it's like the price is right. >> i'll give you another small factoid. >> no more quizzes, please. we failed. >> in 1971, intel built the first micro processer, s

larry kudlow was the former director of the national economic council and is the host of kudlow on foxhy would mitch mcconnell go along with something like this? >> your point is right because mcconnell is going along with the scum of the senate leadership is going along with democrats, it is a betrayal of the house, the new house, the republican house -- kevin mccarthy's leadership presumably and if this bill is passed in the senate it will probably pass the house with democratic votes. what it means is it won't give mccarthy and company a chance to rewrite the budget, to have different priorities, to cut spending where it's necessary, to refund areas like the border for example which needs additional funds for various things. to cut taxes, to open up the spigots for oil and gas, it shuts all that off for almost a year and why mcconnell is part of this betrayal i will never know. it is a terrible idea. it's bad economics because it's more spending and it's really bad politics because it will damage the republican party. >> tucker: it also seems like a defense against democracy, i thou

player behind president biden's big anti-trust push he is leading the white house and the national economic councils coming wednesday after a 22-month tenure. they will be left to pick up the ecarge "th check" is back after a quick break. just look around. this digital age we're living in, it's pretty problem is, not everyone's fully living in it. nobody should have to take a class or fill out a medical form on public wifi with a screen the size of your hand. home internet shouldn't be a luxury. everyone should have it and now a lot more people can. so let's go. the digital age is waiting. >>> 2022 has been a wake up call for the crypto industry, as you probably know by now after bitcoin reached an all time in 2021, the crypto winter came and we never saw it etho, ripple, they all tumbled this year and collapsed altogether 2022 also saw the departure of many crypto moguls we have seen ceo departures to micro strategies michael sailer, except down in the latter finally sold their first bitcoin holding this week. all of this culminated in the arrest of sam bank man-fried wh faces up to 115 years in p

are sitting in the roosevelt room and most of the cabinet is relevant to the issue in the national economic council andirector with mcmaster and then we go around the room and the bosses asking what's going on we get around their and in the end there's only two people in the room who realize the policy is him and me i see his eyebrows raisin it was in a pitney for him that there was trouble there but my point is that this never should have happened in the organizing principle is it is bad personnel but also bad politics in the failure in 2020 as we come into the campaign and election day to go was hard as we should have are the basic principles by american and with those border issues but the whole michelle notion of strategic failures that made the election to close. >> i understand all of that. what i found interesting about taking back trumps america is there seems to be a level of disappointment and anger not just him policy choices that were made byy you didn't think you are very good people because you referred to the former agriculture or ambassador to china, excuse me terry branstad as a fo

biotechnology and major investments in that field and to really have a partnership between the national economic council and the national security council on the proposition that america is stronger when the american middle class is -- and americans workers are deeply invested in and improves our competitive position in geo politics, and the climate, pandemics, or the kinds of food and energy insecurity that we see around the world. so that's one. the second is when we were thinking about these things, supply chains was not a headline issue in the world. that really came with covid-19. but we have done an enormous amount of work at the nfc, thinking about how we build, strong, diversified resilient supply chains so we don't see the kinds of disruption in the future that we saw in 2020 and this is fundamental to the american middle class being able to afford the things that they need for their lives and livelihoods that we are not able to be coerced by adversaries at a moment of geopolitical peril by any country being able to turn off some essential good coming to the u.s. this has fundamental impacts on

biotechnology and major investments in that field and to really have a partnership between the national economic council and the national security council on the proposition that america is stronger when the american middle class is -- and americans workers are deeply invested in and improves our competitive position in geo politics, and the climate, pandemics, or the kinds of food and energy insecurity that we see around the world. so that's one. the second is when we were thinking about these things, supply chains was not a headline issue in the world. that really came with covid-19. but we have done an enormous amount of work at the nfc, thinking about how we build, strong, diversified resilient supply chains so we don't see the kinds of disruption in the future that we saw in 2020 and this is fundamental to the american middle class being able to afford the things that they need for their lives and livelihoods that we are not able to be coerced by adversaries at a moment of geopolitical peril by any country being able to turn off some essential good coming to the u.s. this has fundamental impacts on

experts are and think about how we can marshal them and maybe we need coordination under the national economic councilbring us together but what i would want to see is a lot of duplication and creating a lot of different new entities to do the same work. >> being a veteran of commerce, i would say to be at the congress department but consorting with the i.t. -- idt c, found no -- the expertise is that the department of energy on anything with a substantial military component is dod but there should be someone having run -- i do think ita is closest to the place where it should be centered but we are working closely with ustr and the itc and department of energy. when the responsibility to repair this report on a regular basis, -- no one would ever hurt a solar you think someone in the government would have discovered that before -- there is in a report on some other -- is not a report or some other areas there -- where we could lose capabilities to our other competitors. >> any other -- you need to go back to the mic. we will wrap up after this. >> this is our panel that should have happened four year

we got everybody from the west wing, gary cohn, the national economic council director. we've gotcm mcmaster in their. we go around the room and the boss is asking what's going on with this? we get around their at the end,, there's only two people in the room he realizes that support his trade policy,y, and that's m and me. and i see as i browse kind of rays and he looks around. it was an epiphany for him then that there was trouble there. but my point here is that this never should have happened. and the principal that i have, that's kind of one of the organizing principles is a policy, this is bad personal. it's not just that policy but bad politics. and our failure in 2020 as we came intoca the campaign and election day to run and do as hard as we could and should have on our basic maga principles, particularly the buy american, particularly tough on china, particularly some of the border issues was this whole notion of strategic failures that made that election too close. >> host: and i understand all that. i think what i found very sort of interesting about "taking

of the cabinet were there who were relevant and you have everybody from the west wing a national economic council director and mcmaster. we go around the room and the boss is asking what's going on with this? at the end there were only two people in the room he realizes theha support the trade policy d that is him and me. i see his eyebrows raised and it was an epiphany for him. there was trouble there. my point here is this neverth should have happened and one of the organizing principals is impersonal policy this is bad personality not just in policy. bad politics. our failure in 2020 as we came into the campaign and election day to run and do as hard as we could and should have our basic maga principals particularly the buy american and the help on china particularly some of the border issues and this whole notion of strategic failure that made that election too close and i understand all of that. i think whatt i found very interesting about taking back -- "taking back trump's america" was there seemed to be a level of disappointment and anger not just in policy choices that were made atwe the

like so the fact that the new economics not just in the treasury department anymore or the national economic councils also carried out by every federal agency by epa, energy, commerce, the fact it is whole of government and physical and reparative which i'm happy and excited to talk about that the new economics is more complicated than neo- liberalism and the libertarian parts i think that is a construct is credibly complicated for social reasons but the libertarian parts are fairly simple but the new economics is very complicated because it recognizes and centers government is the most powerful regulator and watchdog the single bird biggest purchaser from the universal institute and amplifier and critic but the new economics uses every part of government which makes it potentially very powerful but that also means and with that west virginia epa case that all of the's pieces are creditor on —- incredibly vulnerable without a real rethinking of jurisprudence. so some specific examples the way economics is new home i think race is very important just rethinking that and with that kind of protection b

will get the white house's take on the fed's decision in a first on cnbc interview with national economic council director brian deese remember that job? also, doubleline's jeffrey gundlach and the impact on the market at the top of the market on "overtime." power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. did you know your health has more to do with your zip code than your genetic code? that doesn't seem fair. we agree. but where you live determines access to doctors, green spaces and fresh food. that's why we grow our own. smart. we don't think it's right that some people are healthier than others just because of where they live. that's why we're delivering food to areas with less access to it, and helping schools teac

. >> larry kudlow is the former director of the national economic council. he's also the host, of course, of kudlow on fox business and our friend, he joins us tonight. >> larry, thanks so much for coming on . you watch congress a long time. why would republicans why would mitch mcconnell, for example, go along with something like this? where your point that your word is right? i mean, because mcconnell's going along and this senate leadership is going along with the democrats, it is a betrayal of the house, the new house, the republican house, kevin mccarthy, leadership, presumably. and if this arenado bill is passed in the senate in a pride pass the house with democratic votes, what it needs is it won't give mccarthy and co. a chance to rewrite the budget ,to have different priorities, to cut spending where it's necessary to refund areas like the border, for example, which needs some additional funds for various things to cut taxes, to open up the spigots for oil and gas. it shuts all that off for almost a year. and why mcconnell is part of this betrayal,

including vice president of economics and chief economist, the world bank, director of the national economic council for the obama and secretary of the treasury of the united states. from 1999 to 2001. i could go on, but we would rather hear directly from professor summers. professor summers, thank you for joining by zoom and welcome back to the cato institute. i'm glad to be with you. i wish you had going on. i was rather enjoying all the nice things that you were saying about me and i was remembering what johnson had said when he was in a similar way. i wish my parents had been here for that. my father would have appreciated what you said and my mother would have believed it. i'm flattered and. honored by the invitation to participate in this book. i think that i think that puri and i to be have written a very, very important book. it is important, i think, in. three respects. first, it adds to the growing body of evidence and knowledge. i that we have documented that with all the problems, with all the travails, with all that we worry about, humanity does staggering and immense progress. ira more

consent to submit this letter for the record to director, the record, east rector of the national economic council of the biden administration's plans to address the ongoing economic crisis. >> so entered. and now, as i recognize congresswoman porter for her questions, i will point out in the first year of ronald reagan's presidency, inflation was 10. 3 2%. i don't blame him for its, but it was 10. 13%. congresswoman -- >> jimmy carter's disaster -- >> please begin your questions. >> good morning. mister counsel, you publish the paper. prices, profits and power, and analysis of 2021, firm level markups. this is a chart from your paper. what, this chart is about markups. what is a markup? >> a markup is the increase in sales over the price of production, a marginal cost production. >> over the price of production. so, let's break it down for people what this means. if it costs $10 to make the item, the product, and you sell it for 12, you have two dollar markup, right? >> 20% markup. >> so, this is showing that markets have gone up, beginning about 40 years ago. what is this top gun kind of traject

and we'll follow up the talks with america's biggest ceos by asking national economical council's brianuarterly profit forecast, another profit for the current quarter. that's the company's ceo at 11:00 a.m. this morning on "tech check. stay tuned we're coming back here on "squawk. how will your business adapt to change? you could hire an office full of peyton mannings. what's up, peyton? good morning, peyton. hold for peyton. they'd huddle.... welcome to the peytonverse. such a visionary. game plan... you go. no, you go! and call audibles... double our investment in omaha! omaha! omaha! omaha! or you could use workday. omaha. the finance, hr and planning system used by over half of the fortune 500. for a be-agile-like-an-mvp world. workday. for a changing world. >>> welcome back to "squawk," black lives ceo robert fink facing calls to resign the u.s.-based production firm blue bell capital partners with a letter they sent to fink last month. bluebell $50 million in assets waging campaigns against companies argues that blackrock changed from thermal coal production in a context in widel

grading the national economic council where he put someone who is more of a political person in charge downgraded the role of the council of economic advisors. the other thing is presidents like the experts that tell them what they want to hear. it is not quite the vladimir putin prompt -- it is not quite the vladimir putin problem, but a relationship often emerges between the economists in the west wing and the president because they have to give him what he wants to hear. they come in with bias. one of the most entertaining things for me to do, all those years when i was on fox a lot and cnbc, we would get new senators and they would call me and say i want to talk to you and they would going to broadcast mode. people think political life, what is said of you is about what will fix it. all they want is advice that will support those views. there is a downgrading of economics and the notion that experts should tell me that my biases are true. there are very few jack kennedy's in the world. jack kennedy, he is a liberal, i'm a conservative, he was somebody you could talk to. lyndon john

today, and there the president, uh, yesterday, yes, as part of the meeting there of the council on national economice said this again, and the question is the challenge that we face in terms of fertility. yes , family support. and we also prepared it for the president's reason. report a-a, where they analyzed all support measures in general regions, and for families with many children, and also prepared a proposal systematically, as we would see, yes, but with experts. what other effective decisions can be made at the federal level? here we believe that it is necessary, after all, to determine a single status. e hmm what is it like who is this? yes , there is a large family, because in different regions it is different. yes, and the family moves from one region to another. it may lose part of the support measures altogether. yes, somewhere there, when 18 years old, yes, the child is fulfilled there. uh, more there, too, you are not considered to have many children. but if it's a child, like a student, who is still dependent on you. yes and but in many regions it is accepted to need something there u

morning, flight number one took off from minsk national airport in bishkek, the head of state will take part in a meeting of the supreme eurasian economic council, and an informal meeting of the belarusian leader with president of kyrgyzstan sadyr zhaparov is scheduled this evening. well, tomorrow in kyrgyzstan a rich integration program on the agenda of the summit about two dozen items of the head of state will discuss the development of cooperation projects in industry the formation of common markets work to remove barriers to barriers in mutual trade, as well as the main areas of international activity directions of development of the eurasian economic union regarding the further deepening of integration on space and ensuring the sustainability of national economies, the eurasian space is the locomotive of economic and scientific and technological development, cooperation and joint efforts. the transformation of the world order is yielding results; it forces us to act outside the box . we have a big question today. this is the production of computer technology production associated with high and precise technologies. and here it is necessary

afghanistan, a special body should be set up under the united nations security council with the right to employ political, diplomatic, economic and military means to settle and prevent such conflicts. [applause] human rights the european process has officially recognize the universality of this. that is the acceptability of international interference wherever human rights are violated. this task is not easy. even for states that signed the paris charter of 1990 and even less so for all members of the united nations. however, i believe the new world order will not be fully realized unless the united nations and its security council create structures and take into consideration existing united nations and regional structures which are authorized to impose sanctions and make use of other measures. especially when mayor eddie groups are being particularly violated. [applause] ecology -- in rio de janeiro, there's going to be the first worldwide conference on ecology. i would like to hope matters will not limit themselves to discussion and the settlement of disputes but rather an international mechanism will be created to establis

patriarchate by his decree zelenskyi implemented the decision of the national security council of december 11 on the use of personal special economic and other restrictive measures, i.e. sanctions, new sanctions are applied to such persons metropolitan of zaporizhia melitopol uoc mp andriy kovalenko metropolitan of luhansk alchevsk uoc mp vasyl povoroznyuk, abbot of the melitopol feast of the savina men's monastery of the uoc mp oleksandr prokopenko, abbot of the dormition cathedral of the uoc mp in kherson, metropolitan anthony of boryspil of brovarsky of the uoc mp, keru of the uoc mp, a member of the inter-cathedral presence of the russian orthodox church, ivan pokanych. and this is very important, and metropolitan antony is considered informal the leader of the pro-russian wing of the uoc mp is metropolitan of chernivtsi bukovynskyi meletii of the uoc mp, head of the department of external church relations valentyn yegorenko and archbishop of kostyantyniv e paisius and kari of the horliv diocese uoc mp viktor shynkarev well, one way or another, the surname will be more you, i suspect so in the near future well, what is all this

management of various sectors of the national economy on the territory of the ussr, there are 105 economic administrative regions with helms, local economic councils. the heads of the economic councils empower, the ministerial farms, the enterprises they intend to do everything from planning to control, thus collapsing earlier. the created hierarchy in planning and setting tasks somehow becomes smaller. it is clear that the ussr as a huge the ship still retained inertia, but the decisions being made were destructive powerful infrastructure projects that had already begun were canceled construction of the main turkmen canal of the volga-ural gravity canal of the hydroelectric complex on the lower don of the volga-baltic route was abandoned for the construction of a transport railway, although more than half of it was also decided to stop the construction of the kirov chemical plant of the montenegrin artificial liquid fuel plant of the shipyard-metal shipbuilding eight troer from the state department document usa of february 1954, industrial development and development of transport links between regions may slow down due to the cancellation of the

management of various branches of the national economy on the territory of the ussr, 105 economic administrative regions arise as rudders, local economic councilsing in the narkhozes is vested with the rights of ministers ; the savnarkhozes in the enterprises entrusted to them are engaged in everything. from planning to control , the previously created hierarchy collapses in this way; in planning and setting tasks, everything somehow becomes smaller. it is clear that the ussr, as a huge ship, still retained inertia, but the decisions made were destructive, powerful infrastructure projects had already begun the construction of the main turkmen canal of the volga-ural gravity canal was canceled; the hydroelectric complex on the lower don ; the volga-baltic railway ; shipbuilding eight troer from the document of the us state department of february 1954, industrial development and the development of transport links between regions it may slow down due to the cancellation of the industrial program of 1953-1954. the country focuses on agriculture and in general. on the development of vast lands, which will last at least 5-6 years. this circumstance c

national currencies. we also included this for energy carriers for other commodity items. let me remind you of the current meeting of the supreme and russian economic council for the first time in the last three year is held offline in the format of a personal meeting. the last time the leaders of the eu countries met at the summit was almost 3 years ago, st. petersburg. the norm of creativity informatization and the use of artificial intelligence the ministry of justice of belarus of russia summed up the results of the work in the outgoing year and made plans for the near future departments of proposals to bring into conformity with the norms governing the economic activity of the union state and relate to the activity of issuing an apostille. here it was said about the need to study the experience in digitalization, which has been accumulated in the russian federation, the experience of notarial activities and the activities of the bar in the republic of belarus , so i want to repeat once again that the basis of all proposals was the creation of the most favorable conditions for the life of citizens who live in the union state a draft protocol was agreed

trade, the transition to settlements in national currencies, the reduction in unemployment, were discussed today at a meeting of the supreme eurasian economic counciln bishkek in the capital. the leaders of the eu countries came to kyrgyzstan and our correspondent natalya solovyova natalya joins the broadcast greetings a. what else was discussed today in bishkek? there is already an understanding among the leaders. i am abrupt when i manage to refuse. for example, from the dollar in settlements, one of the topics that vladimir putin outlined and asked his colleagues to intensify efforts to switch to settlements in national currencies, but about everything in detail. so this is the first face-to-face meeting of eu heads of state in 3 years of pandemics, for a long time limited contacts only to video format for it's time in world politics economy. there have been big, if not irreversible changes, and therefore the range of topics at the meeting, the widest one of them is ensuring macroeconomic stability in the region, according to the russian president, energy tariffs in the eu are fundamentally different from other countries, gas prices are 10 or mo

you masha, she was maria grigorieva with a story about the economic part of the meeting of the council for strategic development and nationaland other topics. the central bank of russia today will hold the last outgoing year meeting of the regulator. including decide on the key rate, now it is at the level of 7 1/2% and analysts agree that it will remain the same. the fact is that now a certain balance has developed in the country's economy; necessary, the central bank made the same decision at the previous meeting. but this one acted very actively shortly after the start of the military special operation. the rate soared to a record 20% in order to contain price growth, then the regulator began to consistently reduce the rate in accordance with inflation data, we see how it should slow down by the end of the year to the indicators that the central bank was talking about now we will break for advertising. and then. to the news weather the power of taiga the power of the river the power of beauty the power of family the power of tradition the power traffic power of light no secrets transparent conditions and no commissions g

no longer being set , the planned system of creating economic councils of territorial bodies uniting the management of various sectors of the nationale regions are emerging on the territory of the ussr, a roll with which local economic councils, leaders of economic councils, endow ministers with the rights. the savnarkhozes, the enterprises entrusted to them, are engaged in everything from planning to control, thus the previously created hierarchy in planning and setting tasks is crumbling, everything somehow becomes smaller. it is clear that the ussr, as a huge ship , still retained inertia, but the decisions being made were destructive, powerful infrastructure projects already underway, the construction of the main turkmen canal, the volga-ural gravity canal, the hydroelectric complex on the lower don, the volga-baltic route, was abandoned for the construction of a transport railway, although 700 km the tracks were already ready more than half it was also decided to stop the construction of the kirov chemical plant of the montenegrin artificial liquid fuel plant of the shipyard-metal shipbuilding eight troers from a february 1954