let's law for some of that with the director of the resolution foundation.k tank which focuses on issues around inequality. is it really that bleak? the economy may be slowing down but it is still growing. it is a good thing that it is growing. the news in the budget was foxing language around productivity and what that meant for gdp and the size of the economy but when you look beneath the figures, what do they mean for family finances? it is a grim picture. pay is expected to be £1000 per year less than the office for budget responsibility previously thought and family incomes are thought and family incomes are thought to have a prolonged stagnation for the next few years, longer than that immediately after the financial crisis. not as deep but longer. you suggest poorer families will be hit hardest. this economic picture is affecting all families, leading to lower income and earnings across the spectrum. it is the tax and benefit policies of the government which are disproportionally taking away from poorer families. which are disproportionally taking awa

rising asset price so they don't need to work in fact they break down that data here into the resolution foundation earned windfall of eighty thousand pounds between one thousand nine hundred three and two thousand and fourteen alone and the early two thousand. that seventeen percent of working age adults earned more from their house than from their job so remarkable misallocation of resources and well right here in london and you time your mortgage to your bank account then you have the magical money tree because the value the house or the apartment or the flat in london goes up by eight hundred pounds a day and the cost of servicing the bank is five or you know seven hundred ninety pounds a day by sitting there and doing absolutely nothing and that money is given to the fifty million dollars but i reckon now we can raise three hundred million we just have some flags from london and now it's worth three hundred million pounds as headline points out is just not new wealth you're not addie you're creating new wealth of ok with a loaded trick you see the wire this is wealth creation this is wealth cr

the reports by the ifs and the resolution foundation and the obr after the budget, forecast stag na nt it is a truly frightening prospect. there was very little in the statement about the urgent need for more skills training. i am sure he will agree that we are not going to achieve growth productivity or implement this industrial strategy amassed we are able to greatly improve the level of skills amongst the workforce, especially in the area of construction where brexit is going to be certainly damaging in that we will have fewer european workers able to operate in this country, or those who will be likely to be willing to. i welcome the white paper that is so critical to the nation's fortunes. i hope it will gather consensus. this period of continuous political gloom, so it often seems, this is a reason to be cheerful. i welcome the industrial strategy council, that the select committee on science and technology was pushing very hard for. universal credit is a success story producing remarkable outcomes, in the words of a top civil servant. the new welfare system, sometimes called uc,

stephen clarke is a labour market analyst from the resolution foundation. thank you forjoining us. the gig economy is, who are the big players? the word has been around for a bit. it is used in popular discourse. it describes people who might be self—employed, but it doesn't have to be. it is associated with companies like uber and deliveroo. it is older than that. hairdressers, taxi drivers. we have had people doing jobs like this for a long time. those workers who are self—employed or who are on zero—hour contracts who have variable hours in quite diverse range of settings. how far does this draft bill go to addressing the concerns of those working in it?|j think it is important to recognise that these this is very heartening. we hear a lot of the employment and the high unemployment rate we have. is it it is also important to remove oi’ is it it is also important to remove or we have seen a lot of increase in these kind of precariousjobs. making sure that workers can't be misclassified. this bill go some way to do that. it also has some good reforms by agency workers. it is a ve

a report by the think tank the resolution foundation has warned of the longest fall in people's livingid it is poorest families who will be squeezed hardest. torsten bell is its director and has been speaking to our assistant political editor norman smith with his analysis. the news in the budget yesterday was focusing on language around productivity and what that meant for gdp, the size of our economy. what we are showing today, what do they mean for the family finances? a grim picture. pay is expected to be nearly £1000 less than previously thought and family's incomes are predicted to have a long stagnation over the next four years. a longer period than the stagnation we saw after the financial crisis. it is not as deep but it is longer. you suggest that it is poorer families that are going to be hit ha rd est. this grim economic picture is affecting all families and is leading to lower incomes and lower earnings growth right across the income spectrum. it is the tax and benefit policies of the government that are disproportionally taking away from poorer families. we are seeing ben

own property this increase in land values has provided enormous benefits according to the resolution foundation homeowners born in the one nine hundred forty s. and fifty's gained an earned windfall of eighty thousand pounds between one thousand nine hundred three and two thousand and fourteen alone and the early two thousand house price growth was so great that seventeen per cent of working age adults earned more from their house than from their job so remarkable misallocation of resources and well right here in london and you time your mortgage to your bank account then you have the magical money tree because the value the house or the apartment or the flat in london goes up by eight hundred pounds a day and the cost of servicing or the cost of maintaining that the bank is five pounds so you're making met over you know seven hundred ninety pounds a day by sitting there and doing. absolutely nothing and money is given to the dead money it's dead as dead as that bait is to be part of this eye so you can put this dead money into the ice so you know it's a good as you increase the value of this i

let's pick up some of those concerns with torsten bell, from the resolution foundation, a think—tank.bout food running out or someone saying they have never had to ask for help but then again i have to now. the shopkeeper talking about those 14 hour days on less than the minimum wage — is there anything the chancellor can start to do tomorrow that addresses trouble is on that scale? obviously, hearing the stories brings to life some of the statistics you see about the cost of living crisis and how people feel in britain today. but the big picture over quite some years is that britain's population as a whole, notjust the extreme end of this, are in a serious living standards squeeze the likes of which none of us have seen in living memory. and at the lower end of the income distribution that is felt very severely, people being squeezed who already have very little income and people being pushed into the summer the situations we heard about there. that is when some people say this is an unprecedented period in british history for people at the heart end of that it is really severe. beca

that is an issue that was picked up by think tanks like the resolution foundation, saying that pay, during a pay rise. again, we have to wait until december. next month, the scottish government will outline their budget plans, and there will be all sorts of things to do with devolved issues, like housing and nhs pay. another tweet, what about firefighters and police? public sectorjobs, and firefighters and police? public sector jobs, and people firefighters and police? public sectorjobs, and people we have seen go on strike and complain about salary is not going up and thejob getting tougher. i think a pay rise is really overdue, and i hope it can be in the coming year. that is a sign that there is some loosening with the police. the 1% agreement plus another 1% rise for police officers and prison officers. above that public sector pay cap rise. there is a bit of shifting here. we will see if it extends further. the other big worry for people is pensions. have they saved enough and should they put more in? richard from hull asks: has a rise in the state pension been confirmed in 2018? ther

really a warning from the resolution foundation which does terrific work on income distribution and povertyes for many people in society. or would have? there is no sign that we won't get a deal and until we know what it is or isn't... certainly the government would say, we are aiming to have a deal, but having said that david davis this week said, we need to prepare for the prospect of the deal, but a lot of debate and people shrugging their shoulders and saying for the economy asa shoulders and saying for the economy as a whole, not a big deal, but this is saying that whatever the impact is saying that whatever the impact is on the economy as a whole there will be individuals in society who will be individuals in society who will really suffer and it could be the poorest in that position. also related to brexit, the whole issue of migration, migrant workers, and this is now affecting food prices? this is the national farmers union, urging the government to reintroduce a workers scheme. there is talk of immigration and many people see the eu referendum vote as being a judgment more on immi

damaging records for the u.k., that is according to an analysis by the resolution foundation.posal incomes could fall for 19 straight quarters until 2020. the office of budget responsibility applied -- implied average earnings could in 2021, ass lower predicted before the brexit referendum. leader isonservative still with us. you refused a lot of these figures, saying they are measured wrong, and that the living standard is higher than the opr said, also the fact that gdp will grow. >> two things are important about this. the first was that they hadn't brexit. any issue in they had brought -- factored in mutual effect. they don't know if it will be beneficial, so that's a change their part. i have concerns about their negativity on the u.k. economy. whole bunch of economists think they've got it wrong, and this downgrading to 1.5% over the next year is pessimistic about where growth is. a lot think it's around 2%. one of the problems is the negative feel that you productivity.while the you cat has -- about u.k. productivity. francine: that's undoubted, right >> that's a region

that's fit for the future and the percentage of workers in low paid work according to the resolution foundationwe know that the cost of living, for example, is going up. wages are not keeping up. you're certainly right about the pinch on lower middle income families, but we know from the bank of england inflation peaked at 3% in october and is now starting to come back down. you know, i might just say it reached 5.a% under gordon brown, but that's why we've introduced the national living wage and cut income tax for the basic rate taxpayer so their ta ke—home and cut income tax for the basic rate taxpayer so their take—home pay is £1,000 more each year and that's the record we want to build on, but ultimately you need a strong economy, creating jobs, creating revenue and that's the foundation for all the other things we want to do in relation to public services and social justice. i want to know as well, you talk about the westminster bubble, but people will be interested for example, the front page of the daily telegraph, "may's budget war with hammond." is that true or not? no, it's tittle—tat

the resolution foundation says that between now and 2022 peoples wages will be about £1000 less than tackled the productivity crisis. what i would do immediately, as we said in our manifesto, is stuck that investment off. bring together a new investment off. bring together a new investment board with the bank of england, the treasury, business leaders, union leaders commit investing in the productive economy rather than property speculation that has gone under this government. and that would have fairly quick returns as well. because immediately you are putting people back to work, immediately they are paying taxes, and then you have a fair tax system that would pay for our public services. i am worried that the government has not learned any lessons from what the 0br and others say about this failure to invest and the failure to tackle our productivity crisis. so those who criticise your approach, witches, spend more, possibly borrow more, spend more, possibly borrow more, spend more, possibly borrow more, spend more, they query whether you will do what say. we‘ve been speaking this

foundation when i was a staff member there. i'm really going miss him. >> president breed: thank you. supervisor ronen. >> supervisor ronen: thank you, i have a couple of resolutions today for 200% affordable housing developments in my district. the first is resolution to approve 99-year lease between the city and development partnership of meta and ccdc to construct 94 units of senior housing. and the second is resolution for the city partnership and financing construction of 1990 follow some, which is 143 units of affordable housing in the heart of the mission. really looking forward to breaking ground on those projects. in addition, i'm introducing several planning amendments that will allow small retail and arts and food businesses in the mission to thrive and grow. and reduce rent pressure on those mom-and-pops from competing large scale development. under the mission action plan, 2020, community advocates and planning staff would implement from other departments and my office, looking at ways to support a thriving mission that is home to low and moderate income residents. a place for families, art and culture and nonprofit community organizations. i want to

foundation for sustained growth of china-u.s. relations. president trump said the entire civilized world must unite to fight the north korean menace. it must be completely denuclearized. all you want security resolutionsust be implemented. he also spoke of what he called the massive trade imbalance and said that he and president xi steps to close it. i am patti ann browne. this has been fox news. whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest... ...prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices... ...from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. >> tucker: taking a look at live pictures of the president of the united states motorcade in beijing, china, the capital city, leaving his hotel. welcome back. weom are still joined by the former chair of the dnc, down to brazil. donna, really quick before i get your response to the clip we showed you before the break, when was the last time you talk to bill and/or hillary clinton? >> i didn't hear that, i