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108
Sep 1, 2014
09/14
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the discussion will not only be with the mission of the oec including the mugs alongside of the border, but the -- i cross my finger and hope that it will be cease-fire. >> there you see the ukrainian president, this poor man is essentially saying we need help, we've been invaded, but none of the other leaders of the eu wanted to come aboard with that. because once they do, the military options have to be on the table. essentially, they want to stay as far away from that as possible. >> i guess we are also waiting more to see what the response of the eastern part of ukrainian people is as well. whether they would more want to be towards russia or whether they actually would want to remain ukrainian. >> absolutely. and i spoke with the lithuanian prime minister and asked how worried she was about this. >> russia is against ukraine meaning it is in stage of war against the country. practical russia is in a stage of war against europe. and that means that we need to help ukraine to battle it back, to defend itself, its territory and its people and to help militarily, especially with the m
the discussion will not only be with the mission of the oec including the mugs alongside of the border, but the -- i cross my finger and hope that it will be cease-fire. >> there you see the ukrainian president, this poor man is essentially saying we need help, we've been invaded, but none of the other leaders of the eu wanted to come aboard with that. because once they do, the military options have to be on the table. essentially, they want to stay as far away from that as possible....
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45
Sep 26, 2014
09/14
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. >> a study came out last year and it looked at the oec countries and what they have done to their corporate rate. from 2000 to 2013, there were 14 tax rate cuts of .50% or more. of that number, only eight of those were paid for by some kind of con commitant tax increase somewhere else. if you look at what happens whenever oecd countries, mainly think about european countries when they cut their income tax rate. you see demon in addition for a year or two, and then it catches up and goes above and beyond. there's been a big argument about what's going on there and how that applies to the united states. part of what's going on in europe is that they have very closely integrated economies and so capital is very mobile between one country rand another so there's a lot more dinism the world has changed in the last 50 years, capital has become a lot more mobile and i think you would expect that the united states revamp its corporate tax code and made it a lot move independent in regards to capital and investment. you should expect a lot more investment to come, not just in the united states, but
. >> a study came out last year and it looked at the oec countries and what they have done to their corporate rate. from 2000 to 2013, there were 14 tax rate cuts of .50% or more. of that number, only eight of those were paid for by some kind of con commitant tax increase somewhere else. if you look at what happens whenever oecd countries, mainly think about european countries when they cut their income tax rate. you see demon in addition for a year or two, and then it catches up and goes...
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337
Sep 24, 2014
09/14
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FBC
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on average, 16% of jobs in oec countries are considering low paying. 25% of jobs here in the u.s. as earning less than 2/3 of the country's median income. charles, how depressing is that. >> it is depressing. it reflects a couple things. bifurcated nation, income inequality thing. what we need to focus on this sort of information that steve will definitely echo this, be manipulated into the notion, hey we can solve this, clinton alluded to this yesterday. here is how you solve it. higher minimum wage. fix the job mix. take money from corporate balance sheets. melissa: still low-paying. >> minimum wage is still minimum wage. we also have education crisis here. if you think this number is bad now, 10, 20 years ago, will be knowledge-based economy, global economist. this is wake-up call, clarion call. get our act together. melissa: steve, doesn't it say all the middle jobs have gone away. that's what this stat tells you. the good jobs in the mid did i, those have disappeared no? >> m entirely different. this is most ridiculous study i ever seen. we have a lot of low pay jobs in this
on average, 16% of jobs in oec countries are considering low paying. 25% of jobs here in the u.s. as earning less than 2/3 of the country's median income. charles, how depressing is that. >> it is depressing. it reflects a couple things. bifurcated nation, income inequality thing. what we need to focus on this sort of information that steve will definitely echo this, be manipulated into the notion, hey we can solve this, clinton alluded to this yesterday. here is how you solve it. higher...
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153
Sep 16, 2014
09/14
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david, this sentiment data coming from germany later today, we had the oec forecast lowering gdp yesterday in europe. do you think this now means we're set making sure we keep europe very low for the foreseeable future? and what does this mean for countries like germany? >> they don't have that many to get there, but maintaining easing policy, especially in light of what the fed is likely to do, maybe not next meeting, but eventually rate hikes. that will help it achieve that goal. as far as what it means for germany, germany has a fiscal surplus and it wants to maintain that going forward. it's the wrong policy for the rest of europe and germany, of all countries, does not need a weaker exchange rate. but it's going to get it. so does that mean sentiment should pick up in germany? yes, i think, you know, it's hard to call it a move, but you can see 2% growth there for an economy that's already doing very well. >> but the high current account policy surplus, it's not merkel's fault. it's the euro's fault because it's artificially low for germany, isn't it? >> that's certainly part of it. y
david, this sentiment data coming from germany later today, we had the oec forecast lowering gdp yesterday in europe. do you think this now means we're set making sure we keep europe very low for the foreseeable future? and what does this mean for countries like germany? >> they don't have that many to get there, but maintaining easing policy, especially in light of what the fed is likely to do, maybe not next meeting, but eventually rate hikes. that will help it achieve that goal. as far...
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94
Sep 22, 2014
09/14
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they said they were 90% of the way there and the imf and oec says the 900 recommendations they manageding to the table would grow the global economy by 1.8% above current expectations. but more does need to be done and we saw a number of criticisms leveled at europe during the two-day talk. in particular, the u.s. treasury secretary jack lew who pointed the finger at germany as a country to do more and could use some of its excess firepower. now, i sat down with the managing director of the imf, christine la guagarde, and asker the same question, and here's what she had to say. >> a country like germany definitely has a surplus and is balancing its budget. it is committing to invest and infrastructure, which is clearly needed. and there is an economy that will allow that and will help the rest of the your row zone. the more they can do the better. equally, they have to be mindful of the equalibrium they have on the domestic market. >> i also asked the french finance minister if we thought similar, if germany rather should take the lead when it comes to the eurozone. and this is what he
they said they were 90% of the way there and the imf and oec says the 900 recommendations they manageding to the table would grow the global economy by 1.8% above current expectations. but more does need to be done and we saw a number of criticisms leveled at europe during the two-day talk. in particular, the u.s. treasury secretary jack lew who pointed the finger at germany as a country to do more and could use some of its excess firepower. now, i sat down with the managing director of the...