3 Burst results for "Honda Africa"
"honda africa" Discussed on WBAP 820AM
"Of power no lights and no news that's why federal and state agencies urge every home to have an emergency radio now you can get a free Dynamo world bad emergency radio this powerful radio lets you stay informed during any type of emergency it doesn't even need batteries and comes with a hand crank generator and super bright LED flashlight the Dynamo emergency ray he includes the NOAA weather band a long range A. M. receiver a high sensitivity FM band and even a U. S. B. Jack to charge cell phones or other devices the Dynamo emergency weather band radio retails for almost thirty dollars but newsmax wants to make sure you get this radio so check out the free offer for the emergency radio by going to get the radio dot com that's get the radio dot com or call eight hundred newsmax this radio could save your life this is a limited offer in may end soon so order today we've always had villains to face you are the most horrible we all have the power to do something to stand up to cancer stand up to five is it stand up to cancer dot org to learn more money you shouldn't be boring or especially with so much uncertainty these days I think the lesson here number one we said it thirty times already figure to pay attention to what's going on at work and the tax reform loss of learning laugh with Joe saucy high end on the stacking Benjamins show where there's a money party in Joe's mom's basement going on right now you talk to my employer got to go talk to my is the Jack listen and subscribe to the stacking Benjamins show free on apple podcasts or wherever you enjoy audio Texas is open in the road you're calling your dentures awaiting a deal W. Honda in the middle of the metroplex for some motorcycle fun featuring the Honda Africa twin perfect for long distance tours and rugged enough for off road or step up into the all new twenty twenty model get navigation and apple CarPlay via W. lan in grapevine in online at DFW Honda dot com we are the one for fun always wear a helmet I protection protective clothing never use the street is already the guys waking up over and.
"honda africa" Discussed on C-SPAN Radio
"U. S. treasuries and that helps but when I keep in mind is that this kind of public spending is also crowding out more productive forms of public spending which she's on public infrastructure and which the weather was a big need for it Gita Gopinath off with the International Monetary Fund so here's a question I don't get out very often so I guess that's the ticket as a former CBO or there's still the question CBO director so you know we just heard from Phil Slagle about CBO's current that I look for the budget and for the economy and now that you're no longer bound by the strictures of being CBO director do you have anything to add or baby sort of follow up on things that make you feel wasn't able to say as a currency dealer director well I'll start with a trillion dollars is a lot of money you know we've we've been running read a point in the cycle we've been near or now probably about potential GDP and we still have a ton of stimulus out there I think we undersell probably a little bit of how far the United States budget is we run a deficit of a trillion dollars this year we talk about the four percent of GDP well okay that that makes it seem smaller than it really is I I I'd like to make an observation it's also that spending is a hundred thirty percent of tax revenue this year we're off by thirty percent and in terms of the process right every year we have an annual budget that deals basically with discretionary spending only discretionary spending is about thirty percent of all federal spending so in fact if you sat down and did a little calculation you know we know this year we know pretty much what tax revenues are going to be that's not hard to forecast you know total tax revenues we don't mandatory spending is going to be S. longtime commitments we know how much debt we have guys we got a pretty good idea of the interest payments so if you take the tax revenue and take out mandatory spending take out interest how were left with under four hundred billion dollars left to spend on discretionary spending within spent one point four trillion discretionary all right that's three and a half four times the money we had for discretionary spending came out of that process that's not even close and it also points out one of the problems is this process is focused on discretionary spending at some point there's gonna be some members of recent political crowding out your mandatory spending is going to be so strong your interest costs are going to be so strong you've got to recognize that your discretionary spending is not going to be much of your solution you're not gonna be able to cut that much you're not gonna be able to increase at all the talk about things like infrastructure investment center that's transgression or spend we don't have much for that so I I think we need to think in terms again of a plan a plan and stick to where every year you look at the budget deficit you look at the track of death and you have a target you try to make progress on this it's the responsible thing to do it feels like we're being really short run oriented and really you're responsible right thanks to both of you have benches in debt and deficits already you know in the nineteen eighties and nineties there seem to be a general consensus that the growing deficit was a threat and Congress and the president took some steps to address that but now you know over the past ten years in the aftermath of the Great Recession there's been some disagreement from both sides about the importance of the federal budget deficit the dangers presented by can can we simply print money or borrow to deal with the deficit on what sort of changes are it would be involved in doing that as outside the both of you show up this is actually a goes back before the global financial crisis Z. walking trains that are affecting the appetite for debt and the interest rates in the in the economy I couldn't go back to the nineteen nineties when you start from the period when you start seeing real interest rates almost across the global economy declining what times is a well before the global financial crisis I was a reflection off multiple things one was just after the crises in a bunch of emerging markets this was in the early nineteen nineties the station prices being an important one there was a huge appetite for us assets again on the so called Bernanke saving block and that brought real interest rates down are there is being the phenomenon of scores of aging demographics reducing overall demand for all four investment increasing your monthly savings that is also put pressure on real interest rates some pointed increasing inequality as also having reduced overall and we can live with him on the global economy so all of these have put pressure real interest rates to come down and those trends that I think are the most salient features why when people look at debt levels van because the policy today they have a bit of a different view from what it was in the nineteen eighties when real interest rates were very high no that doesn't mean that one moves to a scenario where the assumption is that interest rates will rise and that one because if you want to size deficits indiscriminately if you're the kind of confuses the point is that there is a reason why interest rates have stayed low and by this I mean nominal interest rates impact of state law and place in a stadium despite all the build up in debt and that's because all want to pose the central bank independence the you know the space between fiscal policy and monetary policy not one to be taken away and we moved to a new regime where on that monetizes because all bets are off that's one of the worst one lives that will be completely different power nine and then it would be wrong to assume that the interest rates would stay aware of where they are now so I don't think that's the lesson to be learned but in terms of why people are you know are are you I have a little bit of a different take on fiscal policy is the long term trends on what's happening with demographics with the demand for safe passage I think it would have been the one we do have one of the biggest levels of public debt and what it's all about the clean when interest rates are really low real interest rates are low and this is not this is an on market policy you know pulling the cockpit seal we rounded to the these these trainings that are pushing interest rates down which then went to polls he's following you go up enough the international monetary fund a meeting of the national association of business economics WCS be from Washington sure we are well the the idea of fiscal space is is not clear to me control if United States we probably have a lot of physical space probably always had a lot of physical space this was space is a is a short run I'm gonna go back to my theme short run versus longer is a short run thank former CBO director Keith hall out four straight fed chair say the dad is on an unsustainable track you had five straight CBO directors say debt is unsustainable which to my mind that's not a short run problem that that's being described at least for me it's a long run problem you look thirty years down the road and at least under current law it's about a hundred eighty percent of GDP and if that doesn't scare you two hundred plus probably won't scare you either but but under current policy it's a much higher number interest rates are low now are they going to be low in thirty years because you don't have you don't have to have higher interest interest rates high interest rates have debt and get to a really high level as the decades ruled by it's going to get high low interest rates high interest rates is going to get high so in that sense it's always been an issue and it still is an issue and one of things that that I get bothered by a little bit is the talk about we have more fiscal space I don't want to tell policymakers now that they don't have to worry about deficits and debt his deposition that R. A. long run maybe medium round problem and and I I I think we're just encouraging the wrong sort of Hey you're to be honest for them not to think about this as being something that's a real issue there's some research into the worldwide situation now so given that January twentieth log on you have also written that quota given historically low interest rates alongside weak productivity growth countries with fiscal space I'm sorry to use the term please I'm sure investment human capital and climate friendly interest raise potential output which countries fall into this category and can you give some examples of with examples of those countries would be Germany now the lens Australia South Korea these countries are takings are things that steps you do see them planning for more spending in the case of creative means of some sort of mountain so they are but these are countries that we think of as fiscal space if you look in Germany for instance if you look at the pop of the debt over time it's a decline I'm giving is that the Germany like several advanced companies are grappling with low productivity growth low potential growth and given that they can borrow at negative rates at this point in time at the firm appeal cost benefit analysis nothing can ease into classical sense you would make an argument for this would be the time given that you decided to if you have to make these investments and you're going to raise rates raise your long run output in the long run growth then you would want to use it now would be the time to use your Disqus respondent to deal with issues like improving physical infrastructure you know innovation digital infrastructure climate mitigation and using the the the European commission's green deal is it is a good step in this direction so that's the argument we would make it that there are countries that have fiscal space and regardless of where the cycle we are at this point especially given the importance of raising long run output in on rental growth they should be using seizing the opportunity now to do so and are there other countries that were you see there are problems like what on what countries generator the most concern I mean there are so many as I mentioned in the in the beginning there are several economies low income economies there are several versions of the Honda Africa that are in debt distress and that have high levels of debt there are emerging markets like Brazil South Africa that have large fiscal deficits have to deal with this the death that death will otherwise be unknown unsustainable trajectory and also recalled that means when you were talking earlier about the situation where you know we have high levels of debt and low interest rates that is concentrated to a fan base on the buy in advanced economies once you start looking at these other economies.
"honda africa" Discussed on Omnibus! With Ken Jennings and John Roderick
"Number three seven five four five in them notice. Future. Ling's in the unlikely event that the mile and outs and fair in height degree Fahrenheit. Doug furlong at the Hogshead the bail the bushel now that you're reorganizing your house. I assume you're still organizing everything in terms of bushels and in Demi Johns. That's right. Hogs heads Armadillo hurling, you're putting everything into into barrels of nineteenth century weights and measures. That's right. That's right. Well, basically how much hash oil you can put into a quart of how much a quart of hash oil ways in a shell. Oil. Can is there a unit of like that's a unit that determines how far you can drive. Your Honda Africa twin across Egypt. I was just wonder if there's a unit of cannabis highness that can be related to the there's no limit to highness. Anyway, in the event that all of these things have contributed to the continuation of all these American based social media platforms Facebook, Twitter, Instagram, gene. Maybe that's what's keeping the Infos away. They're going to wait for us to all get off social media. Well, or they're going to wait for some universally established standard of social media where the the social media servers are all located under seven. I thought it was the emoji Auburn us. Oh, sure. It could be there's a lab in France where under a jar. It's like here's the poop emoji. Here's the eggplant emoji. Here's smiling. I'm crying both don't touch it will be. Yeah. It'll be like a seed Bank somewhere just like the omnibus project. Why don't you go? Hang out with us on our Facebook page, Ken is there all the time secretly commenting under different names under a thousand actually no one on that page of me talking to myself and telling me, how great my show is if you can tweet from where you are under the NFL's years. Yeah. Under seven bell jars tweet Kim, or at least look at his tweets. No. You know, what tweet add Ken? He loves that. Every time you have something to add or subtract after after every time I make a joke. Make sure you tweet not your best. Right. That's my favorite or explain his joke. Right or tell the same joke back to me as if I had not just told that using the same premise love the he's at Ken Jennings. I'm at John Roderick. We are at omnibus project. You can look at my Instagram page. I haven't posted anything in the last couple of days. Doesn't mean anything to them. It doesn't mean any be you'll you can you can see every Instagram post. I ever posted in the space of the oscillation of one killer jewel of an orange peel. It'll all flash in front of your eyes. Simultaneously, Fordham engines before you die. You can Email us at omnibus project and how stuff works dot com. Like, I said earlier the future Ling's page on Facebook future Ling spelled with an E future. Ling's imagine if we had not spelled it with any is it like Roderick future railings while it would be like food tour llings, I think it's four syllables. It's future llings for churlish. Right. Like shuttling? All right. Well, we say chitlins, we don't say chitlins we say future. Limbs few is our folksy folksy way this future Jhelum gathered around a barrel. Have a seat Ken went to the mailbox today. And we found lots and lots of postcards some digestive biscuits a beautiful handwritten letter. And then what's this? What are you unwrapping there? What's this Foley? Work you're doing over there..