21 Burst results for "Kelton"
"kelton" Discussed on Bloomberg Radio New York
"At least a narrow majority in the House of Representatives. They've made it clear that if they get a majority, they're going to do their best to make sure there's not any more fiscal spending. Is that okay at this point? Given what we've done already with the economy is and given inflation, is it okay if we don't keep adding fiscal stimulus? Well, I think we're going to add something, right? Because what Democrats did this time, which is different from what was done, let's say under the Obama presidency. When you got that one big physical package and then the midterms happened and you lost your majorities and then it really was gridlock and nothing really got done. This time, Democrats have baked in in advance of the midterms, some pretty big spending packages that have yet to roll themselves out so you'll remember the bipartisan infrastructure bill that passed in the winter of last year. You'll remember the chips and science act. That's another 57 billion or so. And then the so called inflation reduction act, which has hundreds of billions of dollars in additional spending, new spending on energy and climate related things. And so forth. So we've got infrastructure and climate spending and that's all in the pipeline ready to be rolled out. So I and I'm happy about that because I think that unlike back in 2009, 2010 when we did sort of shut off the spigot and then we ended up with a really anemic sluggish economic recovery maybe, maybe this front loading, you know, baking this stuff in in advance actually helps to support the recovery in the next couple of years. Okay, professor kelton, all we really helpful to have you with us. Thank you as Stephanie kelton. She's a Professor of economics at stony brook university. And next, we're going to go to The White House
Spurs hand 76ers third straight loss to open season, 114-105
"The 76ers are zero one three following a one 14 one O 5 loss to the spurs Doug McDermott hit four three pointers and scored all 14 of his points in the second half Devin vassal scored 20 of his 22 points by halftime and kelton Johnson finished with 21 The spurs shot 16 for 38 from three point range and had a 40 to ten advantage in bench points Joel embiid pumped in 40 points for the sixers who were off to their worst three game start in 6 years Tyrese Maxie had 25 points in the loss but James Harden shot just four for 17 and scoring 12 points I'm Dave fairy
"kelton" Discussed on TuneInPOC
"From Bloomberg world headquarters in New York to our television and radio audiences worldwide. Welcome to balance of power. We're going to start today once again with a check on the markets and where they are today. Joining us is Abigail Doolittle. So Abigail, what are we seeing today that's different? Very interesting action, in fact, I divergence between the growth and cyclical trade today in favor of value or the cyclical trade and not tech. We have the S&P 500 at this point actually down earlier putting in an all time high. The Dow is leading. It is up at this point about 7 tenths of 1%. On the other hand, the tech heavy index is, they are down, down, down, more than 1%. This has everything to do with rising yields. Over the last two days, the ten year yield backing up about 15 basis points may be a delayed reaction to the fed's message in December as folks seem to be a little bit less worried about omicron. So here we are putting 2% back in play. I know you have a thing you were talking about 2% and I'd give you a tough time and I'm not making it 2%. 1.7 if we get there, it's closer to 2%, no question about it. But at the same time, what's the volume like? Because obviously through the holidays, it was very thin. Yeah, it's really interesting. It is 50% above the 20 day moving average. So if you factor in last week that, of course, would take down the average, but even so, it is way, way above. So the little bit of selling that we're seeing today means that those investors are fairly serious, especially in terms of selling tech and apple is still down. It's down 1.2%. So not making that $3 trillion market again, at least today. I'm worried about Apple being under $3 trillion. Thank you so much to have go do a little for that report on the markets. As we enter 2022, rebounding economy is facing a good deal uncertainty over jobs or inflation of the fed pace of fed tapering. Take us through it all. We welcome now, Stephanie kelton. Professor of economics, the state university of New York at stony brook. Doctor kelton earlier serves as the chief economist to the Senate budget committee. So doctor kelton, thank you so much for being with us. As you look at the possible risks out into 2022, what's got your attention the most? Well, you look, you're looking for the headwinds, right? I mean, in terms of the economic outlook, it is always a foot race between the tailwinds that you hope are strong enough to propel you forward and keep you keep the economy expanding, allow us to continue to add jobs at the sort of pace that we've been adding over the last number of months now. It's been very strong, but the risks are obviously, you know, what you're coming up against in terms of headwinds. And David, for me, the big headwind has been from the very beginning of this. The virus itself. And as we got vaccines, and as we got more of the population vaccinated and we began the reopening, we started to see just how resilient the economy had been through this. And then, of course, we get hit with Delta. And then here comes omicron. So, you know, if we are lucky and what we're hearing from a lot of the experts turns out to be correct, that omicron is more transmissible, but less difficult to deal with in terms of the health impacts and so forth. And we're going to see maybe after the next three weeks or so will be, this will be kind of rearview mirror in terms of omicron. So if there's not another mutation and another variant that we have to deal with, and I think the outlook looks pretty good to me. The big headwind is the virus. Yeah, from your mouth to God's ears, basically vaccine really taking care of problems for us. We're getting past the omicron. At the same time, as you look back at what we saw last year, is the virus hitting the supply side of the equation of the demand side more because I think one thing that surprised some people was how much it hit the supply side, which really drove inflation. Oh, I think that's absolutely correct. I mean, there are both things are at play here, right? It is the case that we had extremely robust fiscal support this time, unlike after the financial crisis and the fiscal fiscal response from Congress after the 2008 economic downturn, this time was much different. We had much more robust fiscal support. People had more money. They had more income to spend coming out of, you know, the sort of reopening part of all of this. And so there were demand impulses there at play that helped to allow consumers to go racing back in. And it's really been a question of what people are trying to spend money on. You know, it isn't the case. I don't believe that what we have is just a generalized case of too much money chasing too much, too few of everything else, right? Goods and services. People have been trying to buy a lot of goods. And we still have been reluctant to go back into restaurants and on airplanes and hotels and the vacations. And all the other things. So, you know, the supply side has revealed a lot of vulnerabilities. And we've seen it at the ports and we've seen it with freight and trucking and all the rest of it. And so the supply side, I think, overwhelms the demand side, contributors to the inflationary pressure that we're currently dealing with. And of course, it's not just goods and services that there's a lot of demand for it, not a lot of supply. And there's also workers. We've had some difficulty with that. What do you make of the job picture right now looking forward to those jobs numbers on Friday? And the increasing wages we're seeing across the country. Yeah, so, you know, we got some numbers out today with the jolts report. Now this is a look back, right? These are November numbers. So this is really pre omicron, but these numbers look really good. I mean, this is a labor market that continues to, I think, display a great deal of strength, you continue to see high levels of quits. That's true about four and a half million workers quit jobs in November. But we added 6.7 million hires. And so while quits are really near historic highs, it's also the case that on balance, we are adding tons and tons of jobs in this recovery. And so that's a really good news. Most of the people who are quitting are quitting because they're taking more different jobs, right? They're not quitting and leaving the labor force. In fact, the labor force is continuing to grow. The labor force is growing by 1.8 million over the last 9 months. So we're adding back jobs. We've got a lot of strength in the labor market. Yes, some workers are enjoying by virtue of having a little bit of additional bargaining power. The ability to leave a job, they didn't like move into a better job, a better paying job and to the extent that this labor market is allowing people to enjoy that sort of increase in wages, along with an improving economy. I think that's a good thing. What does this all say to the fed is we enter this new year, the feds indicated they're going to they are in the process of tapering their bond buying purchases we don't know yet about the rate hikes. What do you anticipate in 2022? Well, look, I think we know that the fed would really like to be able to raise rates. Probably would like to be able to get in three hikes. This year, whether that turns out to be possible or not, I think, again, we got to come back to the virus. I think ultimately the virus is going to drive where the fed goes with rates because the virus is going to drive where we go with the economy. So yes, the fed has moved up the pace of the tapering of the bond buying and there is some talk among some at the fed that if they begin to allow the bonds to roll off, they've got a portfolio that's close to 9 trillion. So if they do some sort of measured rolling off of bonds, some at the fed have made the argument that this could be done in lieu of more aggressive rate hikes, which they believe would possibly help to address inflationary pressures. So if the virus allows it, I think some combination of rate hikes and or.
"kelton" Discussed on Bloomberg Radio New York
"Take as well, powered by more than 2700 journalists and analysts and more than a 120 countries. I'm Joe Matthew. This is Bloomberg. Thank you so much, Joe. Well, we're hearing a fair amount from members of the Federal Reserve this week about what they think about interest rates and they seem to be pointing maybe towards 75 basis point rate hike later this month. The same time we actually heard from the European Central Bank this week, they did the 75 basis point. The first time they had ever done that. To take us through the economies and the central banks on both sides of the Atlantic, welcome now, Stephanie kelton. She's Professor of economics and public policy at stony brook university. So professor Kellen, thank you so much for being back with us. Let's start with Europe if we would. I think maybe a toss up between 50 and 75. They went with 75, they indicated more is to come. What are they facing over there? What are they trying to deal with? Well, they're trying to deal with inflation, the way countries all over the world are. And what they're facing though really is just a very acute crisis. And they know it. And it's largely an energy crisis. And so while on the one hand, you have the ECB and Christine Lagarde explaining, you know, we're going to be very aggressive. We've done this unprecedented 75 basis point hike. At the same time, she's pretty candid about saying that this is not likely to do much in terms of getting at the core driver of our inflation problem, which is energy costs. So they're using the blunt instrument, which is the only real tool that they think they have. And they're doing it while recognizing that it is likely not going to provide the kind of relief that everybody wants to see. Well, that's my curiosity, actually, because it's not clear to me how raising rates will take down the energy rates as long as president Putin is doing what he's doing. At the same time, they started copying a rock and a hard place. They have to do something. They feel they have to do something. So, you know, it's this tendency to just really rely so heavily on central banks. I mean, after all, central banks have the mandate. It is the Central Bank, both here in the U.S. with the fed and in Europe with the ECB that is supposed to be in a sense in charge of fighting inflation. So if inflation is a problem, we look first to the Central Bank to deal with the problem. And the reality is that everyone from Jerome Powell, the Christine Lagarde and other central bankers have told us pretty candidly from the beginning that when you are facing inflationary pressures that arise from the supply side of the economy due to the pandemic, oil price shocks and the light, that their toolkit is not well designed to deal with those sorts of problems. And I think if you read between the lines, what they're basically saying is we could use some help on other fronts, right? There's another policy lever. There are other things that we could be doing to try to tamp down inflationary pressures. One of the big stories right now, obviously, is currency. And what has happened in the U.S. dollar hitting new records actor record against just about every other currency. In part, perhaps you go to the energy situation, maybe also because of some divergence on monetary policy. What do you make of the U.S. dollar and what it is doing right now? Is it going to keep going? It looks like it will. I mean, I don't see reasons to believe that the dollar is on the verge of softening against other major currencies. In fact, I think the strength will probably continue afoot. I think the Euro will continue to weaken the bank of Japan seems not terribly bothered with the strengthening of the dollar Vis-à-vis the yen. So I think the dollar can rip higher. I think the obvious problem, really, is for the rest of the world, especially emerging markets, many poor countries heavily indebted in U.S. dollars. This has the potential to lead to debt crises in other parts of the world, sub Saharan Africa, we've already seen what's happened in Sri Lanka, but countries like Argentina and even Ukraine are vulnerable to these to the increased strength of the U.S. dollar. Stephanie, what do you think the fed thinks about where the dollar is? We had Bill Dudley, the former president of the New York fed on earlier on Bloomberg, and this is what he had to say. He thinks maybe the fed wants this. The fed actually wants the dollar to be relatively firm because a stronger dollar restrains economic activity. And it reduces inflation because it reduces the cost of import imports into the United States. So the fed is not unhappy with the dollar strength. This is just part and parcel. One aspect of how you tighten financial conditions. Professor, do you agree with the bill Dudley? Do you think the fed wants that strong a dollar? I do. I do. I don't think it does a lot of heavy lifting in terms of reducing inflationary pressure, but no question that it helps. I mean, the reality, David is that when I look at the way things have unfolded, let's say for the first half of the year. And what I think lies ahead, what I see is inflation stepping down and signs that to me suggest that we're going to continue to see inflation coming down in the second half of the year. You can say that a strong dollar helps with that. It surely does. You could also argue that a recession helps with that. I prefer not to see that happen. I think if you look at delivery times, they're normalizing. You look at the number of unfilled orders normalizing. You look at transportation costs and rail and frayed containers and air all coming down nicely. Those costs are coming down sharply. The New York fed supply chain pressures index is normalizing. You got companies with few exceptions, but you've got a lot of companies announcing either hiring freezes or layoffs. Many people describe the housing market as already in recession and the strong dollar adds to that. You've got a lot of fiscal drag. You've got Janet Yellen telling us we have substantial fiscal drag in place. So you combine all of those things. And I actually think that we have had enough tightening. It's enough. But the fed doesn't agree. The fed wants to see credible evidence of inflation continuing to come down month after month for some period of time. And until they see that, they're going to continue hiking. And we'll have to deal with the fallout. That's certainly seems to be where they're headed. Thank you so much, professor, always really helpful to have you on that Stephanie kelton. She's stony brook university Professor of economics and public policy. Coming up, we're going to be joined by Jane harman, president emerita of
Bernie Sanders's Economic Advisor Wants to Keep Printing Money
"Is no shock that The New Yorker ran a piece, August 2019, titled The Economist who believes the government should just print more money. Stephanie kelton, a senior economic adviser to Bernie Sanders and Professor of economics and public policy at stony brook university, is popular in a way that economists almost definitionally are not. Filmmakers trail her with cameras. She goes on international speaking tours. And once it sold out a basketball arena in Italy, kelton is the foremost evangelist of a fringe economic movement called modern monetary theory, which argues in part that the government should pay for programs requiring big spending like the Green New Deal simply by printing more money. This is a polarizing idea. This spring at kelton spoke at The Wall Street Journal's future of everything festival on the day as a journal staffer introduced kelton as an economist with an idea that will either solve the world's problems or send it into ruin. She made a face and then walked on stage. So what exactly does she say? Well, adherents of MMT imagine a world built on MMT principles in which the government provides guaranteed jobs, healthcare affordable college, launches clean infrastructure projects to replace crumbling highways airports and bridges. Kelton, who does at least 5 interviews per week, plus lectures speaking gigs in conferences, is more than anyone else responsible for building MMT's digital army. So what exactly is MMT? Well, it means that we just spend money, and don't worry about it.
"kelton" Discussed on NBA Front Office w/ Keith Smith & Trevor Lane
"Indeed. All right, we've got last thing. Austin rivers. Winding up with the wolves. This was the veteran guard that we were we kept looking at, saying, gosh, he's gonna wind up somewhere. He's too good not to be on a team. Now all eyes on Dennis Schroeder to see where he ultimately winds up. But Austin rivers, I think this is a nice fit for the wisdom. He's not, he's not a world leader or anything like that, but he can give you solid minutes. He can be an ending Z for you. I like it for Minnesota. I think it's great. I mean, he did really well with Denver. Played well there, obviously, Tim Connolly knows and likes him from getting him to the nuggets. He did an ice shop filling in for Jamal Murray. He was kind of, I think now he's no more as a defender than he is anything else, but yeah, I think this is a really good pickup for Minnesota get good guy to bring in for a little bit more guard depth. They've got right now Jordan McLaughlin and Jalen Noel, probably there are two backup guards with the rivers in that mix with those guys. And you're pretty well set by D'angelo Russell and Anthony Edwards. I thought it was interesting there were some reports out of Minnesota this week. I think it was Chris Hahn, who's one of their local B riders had done an interview with Chris Finch that coach. One of the things he was talking about was everybody's going to have to guard their own position a little bit more because they're probably going to be a little more traditional with their lineup sets and I think rivers fits in what would that because he didn't really hold his own against any guard in the league and he generally does well against most of the smaller threes. Also. So yeah, I think this is a good thing. We did miss one though. The extension. Oh, I did. How did I miss him? I am so sorry, Ken rich. I even have it queued up. I just skipped it. Four years, 27 million for Ken rich Williams. Again, given the value of wings right now in the NBA, I was surprised that this dollar value. I thought for sure he'd get when he did that extension a bit more I understand he's not on the level of a kelton Johnson or I think this is a pretty solid value for the thunder. Curious to see, maybe you know off the top of your head, are there any player routine options in this contract? There's reporting coming out of Oklahoma City that the last year is a team option. We'll see if that's a true team option or if that's a non guaranteed year. They get often reported as the same thing even though there are some differences between them, but yeah, well, we'll find out what that but yeah, I mean, essentially, just under $7 million a year, really good value for Kendra Williams. I think this guy is really become a really good solid player. I think more to this sends a message a little bit to a guy maybe like Shane Gil just Alexander of AC, we kept blue door. We got to sign you to the big big sanction. Keeping Kendra Williams, we're now committed to this is now time to start building up, right? They've cashed in some of the pick hoard over the last couple of years in trades, started to move some things forward. I think this is a sign of we kind of like the guys we got here, we're going to start building around them all on pretty reasonable contracts. And let's start pushing things forward. So yeah, this is a great deal. And I'm like you, I thought maybe he goes to free agency and gets a little bit more. But it was very made very clear at the trade deadline last year. You didn't want to be traded. He was like, I want to stay here. I like it here. I found a home here. This is where I want to be. Under felt the same. So this is a good one for both player and team. And let's face it, if you're Oklahoma City and you've got a guy who's a useful player and expressing that they want to stay in OKC. They're not exactly a free agent magnet market. So it's probably wise to do what you can to hang on to that guy. Yeah, absolutely. Now you get a guy who can kind of play two through four in most different lineup constructions can do a lot of different things for you. Definitely can play both the two and the three. And I really defend. So yeah, I mean, they're pretty well put together there. All right. Well, now that actually wraps things up for today, appreciate everybody for joining us. Make sure you do subscribe to the NBA front office show. Don't forget as well. We've got our clips channel, put the link in the description below, go check out some of our short form content. Until next time, everybody. See ya. And stay safe. What's up, y'all I'm David, and I'm justice, and the don't trick podcast is now a part of blue wire network, considering getting back with an X, want to know if a pick up line works, or maybe you're just stuck in a friend zone. Don't trip is that vice had no price. And we're always going to keep it real. We engage directly with our listeners with funny segments, such as simple and pimping, where we write pickup lines, high questions to answer the unanswerable, or live listener colleagues. Listen, they don't trip on Spotify, Apple podcasts, or wherever you get your podcasts. And catch the video versions on YouTube every week. Don't trip. We got you.
"kelton" Discussed on NBA Front Office w/ Keith Smith & Trevor Lane
"Not all getting caught up in this. Speaking of the next, Donovan Mitchell, his trade market appears to be expanding, not what Knicks fans want to hear. Nick spans want to hear the deal is done and Donovan Mitchell's going to New York, but it sounds like what's going on is the jazz are, they've had conversations with the Knicks. They know what the Knicks are offering, have a pretty good feel of what that offers at. And now they're going to go check around the rest of the league and see what the rest of the league will give them in a deal for Donovan Mitchell. I still think ultimately he winds up in New York, but any angel co, we're going to make the next wait a little bit and see what they can get. You know, probably going to be a pretty decent return for Mitchell. So we'll see where that ultimately winds up. But it's possible. I mean, another team could come in and offer something that just can't quite match and next thing you know, Donovan Mitchell is off somewhere else, but I still think the Knicks have got to be the favorite here. Yeah, I think it probably is too. And I think this is probably a little bit of the jazz come back with, hey, here's what we have for other offers. You want to add to it. I'm going to go off topic just slightly here because it's related to this. Where I saw this news was through a woj thing on YouTube. And it's like, man, I can already follow Twitter and watch NBA today. Montreal is like, I got to now go find you on YouTube too. Like, come on, stay off our corner. Let us have this little corner here. You just tweet and write stuff. But that's just me being a gripe of being old and not wanting to have to continue to open more tabs in my browser. But anyway, I think what he's saying makes sense, right? When the Knicks are being asked for, we want top in and Grimes and quickly, and then we also want 6 first round picks and all that stuff. The next are like, we're going to take either a couple players or a couple picks out. You've got to make up your mind. We're not giving it at all. And I think the jazz are looking at it and saying, well, hey, the 6 first round picks. A couple of those are pretty heavily protected picks from the pistons and wizards. That may not convey for years. When they do, convey, they're going to be non lottery, like where are we going with this? So that's going to ultimately be the back and forth, right, is how many kids do the next want to give up and how many picks. And then my guess is like you, I think it'll still ultimately be the next. And they'll budge and give in on something. But we'll see. I mean, this is going to be the way this goes back and forth. And in the meantime, yeah, maybe some surprise team does jump in there and say, hey, we'll snagged on of a Mitchell now because we still young enough to fit with a lot of teams that are kind of on the way back up. And he's obviously good enough to fit with a team. That's trying to go for it. So yeah, I mean, there should be a pretty wide market for him. Yeah, yeah, absolutely. And again, I think this is part of the process, but we'll keep an eye on exactly where he winds up by still think the Knicks are in the lead. The spurs did a little bit of business, keeping kelton Johnson four years, 80 million for him. Solid player, young player two for a rebuilding team to hang on to. What do you think about them spending this money though? Is this good value? Do you think for the spurs for a team that's trying to turn things around here, potentially build for the future? 20 million average annual value for kelton Johnson is an absolute steal. All right. I think this guy is awesome. Last year, he averaged almost, it was over 17 points per game. He was at really good shooting splits. He's good with the ball on his hands. That's probably where he's come to furthest. Pretty good spot up shooter two. Defends, he can rebound his passing is coming along pretty quickly. I think this year he kind of becomes a face of that team, moving forward in all of a sudden we're looking at it as like, man, remember when the spurs got Derek white on a really good deal, then Dijon Marian a really good deal. I think a year or two from now we're like, man, they have Kelvin Johnson on a really good deal because I just think this guy is fantastic. So I think this is a huge win for San Antonio. All right, so nice move there for the spurs to be able to get him on this deal. We also saw the jazz made a move, Simone, fontecchio, winds up with the jazz. This was a guy who we were starting to get these little rumors that he was going to be coming to the NBA, but it wasn't quite clear where exactly he was going to wind up. Got some size can shoot the three a bit as the ability to attack off the bounce. Not the quickest. But I think the jazz of God something here in him that could prove to be pretty useful, particularly as they look to build into the next phase of their franchise. What are your thoughts on this move? This is Danny age repeating his Boston rebuild playbook. A little bit here. He went to after making all the trades. With the nets and then starting that whole cycle of tearing down the roster all the way and rebuilding it, one of the things he did was he went to Europe and he got guys like Brad wanamaker, Shane Larkin, fill pressy. And then Daniel tice was probably his biggest success that he got to come over. A couple of years of it. I think he's starting the process here again. And they're under the tax. This is part of the non taxpayer mid level for fund techy on a two year deal. My guess is the team's probably pretty protected on that second year. But if not, it's not going to be that much money anyway. I think it's total, it's a little over 6 million. So talking 3 million each of the each year or so. So yeah, I think this is what works. And I think he's going back to it and basically saying, all right, let's run back what I know has worked for me in the past. Let's get this guy in. Give him a look. There's probably going to be plenty of minutes available, and we'll see where it goes from there. Indeed, is the hiring platform where you can attract interview and hire all in one place. Instead of spending hours on multiple job sites, searching for candidates with the right skills, indeed it's a powerful hiring partner that can help you do it all. One of the things I love about indeed is that it makes hiring in one place so easy because of sponsoring jobs. 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"kelton" Discussed on TED Talks Daily
"Support life. In life in soil is mostly microbial. The Dutch scientist antoni van leeuwenhoek saw a tiny organisms he called the wee beasties under his microscope, about 350 years ago. And with the rapid innovation of molecular and computational tools, we are finally getting a sneak peek at who they are and how they make their way in the world. Here's the thing, a teaspoon of soil holds billions of organisms, things like bacteria, fungi, protists, and archaea. These microbes are the movers and shakers of nature's carbon cycle. They drive really important processes in soil, they take organic matter and convert it into complex carbon molecules. And having more carbon and soil is transformative. As carbon accumulates, agricultural fields can hold on to more water and more nutrients. Building resilience that helps them deal with the ups and downs of a changing climate. That resilience means plants can grow more consistently, even when the weather is fickle. And the awesome thing is, carbon rich soils help buffer us against what is an uncertain climate future. The trick is to really rethink how we do agriculture. So there's the good news, which is there are some tried and true ways that we can get more carbon in our soils and build our soils back. We can plow less and we can make sure that we have roots in the ground year round. Feeding the microbes and powering that microbial engine humming under our feet. And we can do this. The other thing is, diversity is the key ingredient in this recipe. Diverse plant communities support diverse microbial communities that can transform and store more carbon. Diversity is good for soils, and is good for climate mitigation. Just like we need every microbe, we need every farmer and rancher, every climate solution. And every solver. So, healthy carbon rich soils matter today, more than ever. The other great thing about carbon rich soils is they help farmers have a more consistent agricultural operations and more sustainable ones that can withstand the ups and downs of a changing climate. That's a huge win for the people that grow our food. It's a win for climate and it's a win for us consumers. So how do we do it? Well, there are three simple things we can do. Number one, we have to protect our soils and the carbon they already hold. Number two, we can get more carbon underground by growing diverse, climate adapted, crops. And number three, we can let the microbes do their thing. Leave them alone by leaving the soil undisturbed. It sounds simple and that's because it kind of is. But there are some questions that are left to be answered. And there's a lot of room for us to innovate. We need to track and measure our climate progress. We need to develop more climate resilient crop varieties that can grow deeper roots and pump carbon underground deeper. And we need to rethink our economic models in agriculture and help support and incentivize these carbon sequestering agricultural practices. So lots of room for innovation, lots of room for research, good news for us scientists. But we don't have time to waste, climate change is here, and it's affecting all of us, whether we know it or not. It's affecting every single ecosystem, including agriculture. Soils that are literal foundation of life on this planet. The reason that we can eat and a climate solution just waiting to be unlocked. So let's build back our soils, help our planet by looking down to the ground. Thank you. I'm Stephanie kelton, an economist and a co host of the market watch podcast the best new ideas and money. Money is an idea, which has made it up, and since we made it up, we can change it. We can upgrade its operating system to make it fairer, faster, and more efficient. Each week, we explore one idea with the potential to rethink the way we live, work, spend, save, and invest. Subscribe to the best new ideas in money wherever you listen to podcasts. PRX..
"kelton" Discussed on TED Talks Daily
"You're listening to ted-talks daily, I'm Elise Hugh. Our lives depend on curbing climate change, but so many imperatives seem to be in competition. What is the most urgent thing we can do right now? Strategist and social entrepreneur James melange makes the case for what he thinks is the answer. In his talk from Ted countdown, New York session, 2022. Hey, ted-talks daily listeners. I'm Adam grant. I host another podcast from the Ted audio collected. It's called work life, and it's about the science making work, not suck. Next time you want to ask, what do people care about here? What do people get really rewarded for or if they violate these norms or behaviors? What do they get really punished for? How to recognize the company's culture from the outside and strengthen it from the inside. Find work life on Apple podcasts, Spotify, or wherever you listen. Support comes from Penn fed credit union, offering great rates on financial products for those who are in the military and those who are not. Discover loans and credit cards for budget flexibility, checking accounts to manage day to today expenses without any hassle, and savings accounts to plan for the future. It's easy to join, more at Penn fed, dot org, to receive any advertised product you must become a member of Penn fed, federally insured by NC UA. I'm Stephanie kelton, an economist and a co host of the MarketWatch podcast the best new ideas and money. Money is an idea, we just made it up, and since we made it up, we can change it. We can upgrade its operating system to make it fairer, faster, and more efficient. Each week, we explore one idea with the potential to rethink the way we live, work, spend, save, and invest. Subscribe to the best new ideas and money wherever you listen to podcasts. Welcome to the Gates of hell. Yeah. Depending on your frame of mind, that is either an bizarrely morbid or entirely appropriate way to start a talk about climate action in the year 2022. Health, gate national park. In the town of naivasha, in the great river valley, in my home country, Kenya. Now, its name may not scream tourist trap, but believe me it is a beautiful part of the world and you should all try and visit sometime. For more importantly, it could play it has the potential to play a crucial role in the fight against global climate catastrophe. The IPCC, the most recent IPCC reports are clear. Humanity has left cutting emissions too late. Any realistic path to avoiding unacceptable levels of warming now requires us to not only drastically cut emissions at least having them by 2030, but also undertake an equally massive effort to remove greenhouse gases from the atmosphere at an accelerating rate. Now, let's be clear, greenhouse gas removal is not and can not be an excuse for continuing to emit just as installing seat belts and airbags is not an excuse for deliberately ramming your car into a wall. Indeed, current estimates suggest that even with drastic emissions reductions, the world will need to be removing between 5 and 16 billion tons of carbon dioxide from the atmosphere every single year by 2050. Now to give you a sense of the scale of that, the low end of that range, 5 billion tons, that's bigger than the size of the global petroleum industry in 2020. So let's not kid ourselves that carbon removal at anywhere close to the scale that we will need in order to survive is some sort of easy way out. It is going to be damn difficult to do. So how do we do it? Well, the first and most familiar measures will be interventions such as reforestation and landscape restoration. Essentially giving mother nature the time and space to heal herself. In addition, we can increase the amount of carbon held in our soils to the widespread application of biochar and enhanced weathering of chemically suitable rocks. We estimate that in Africa alone, something like a 100 million to 680 million additional tons of carbon dioxide could be drawn from the atmosphere using these types of methods. However, they do require a lot of land, a lot of water and a lot of other natural resources that may limit the extent to which we can scale them. Moreover, they are subject to some of the feedback loops from the climate change that we are already experiencing, such as more frequent and intense wildfires. And all of that means we are going to need to supplement them with technologies that accelerate and amplify natural processes to remove carbon dioxide from the atmosphere. Enter the members of my new favorite boy band. Dak, becks, and bikers. These are a set of engineered approaches that use physical chemical and biological processes to gather and concentrate carbon dioxide from the atmosphere before safely sequestering it. Usually underground. As more people run the climate math, you're seeing growing levels of interest and investment in these technologies. With billions of dollars already being committed to early pilots and installations in various parts of the world, particularly in Europe and North America. But the reality is they have a very long way to go. To date, engineered removals around the world have accounted for something like a 100,000 tons of carbon dioxide removed. Total. To get to the multi-billion billion ton scale, we're going to need by 2050 is going to take a truly epic process of exponential scaling. Probably means we need to get to something. If we want to have a realistic shot at it, we need to get to something like a 100 million tons per year by 2030. For those of you running the calculators, that's a thousandfold increase in less than a decade. And guess what? We will have to continue that insane rate of growth for another two decades after that. And here's the really bad news. Anything close to that level of scaling of this industry in the places where it's currently being piloted presents some really difficult climate action tradeoffs. For that, let me take the example of dak.
"kelton" Discussed on WSJ What's News
"Staff, although signs suggest that omicron largely causes milder illnesses, experts attribute the high number of hospitalizations to the new variants, high transmissibility. The surge is hitting nursing homes especially hard. New federal data shows the highest number of cases ever documented among staffers. 57,000 in the most recent week, and a near record number of residents testing positive. Nursing homes were also among the hardest hit during previous COVID-19 surges. In China, new lockdowns and widespread testing aimed at reining in omicron or hitting major manufacturers and raising fears about the ripple effects on global supply chains. Factories are closing in ports or getting crowded. Chip maker Samsung automaker Volkswagen and textile companies are among the businesses suffering production hitches. Although the response is largely in keeping with the playbook, China has followed to contain the virus, economists are warning that omron's transmissibility and China's increasingly significant role in supply chains could mean an even greater impact than in the past. U.S. district judge Liam o'grady has removed himself from a nearly two year long case involving Amazon, signing a financial conflict of interest. Last year, The Wall Street Journal had reported about his wife stock holdings in Amazon. O'grady had ruled in the company's favor during the 20 months he oversaw the case, in which the online retailer accused two former employees of violating Amazon's conflict of interest policies. After the journal contacted o'grady, his wife's investment adviser sold the Amazon shares valued at more than $20,000. A new judge has been assigned to the case. O'grady was one of a 136 judges for whom our investigations team identified stock conflicts. They found more than 950 cases with recusal violations since 2010. Reporter Joe palazzolo said o'grady's case highlights the fallout of financial conflicts of interest in our judicial system. You know, we've been for the past year looking at judges who hear cases involving parties in which they or their families own stock. And this case really shows the impact of them violating these rules because when they violate the rules and they're called out on it, in most cases, they're going to have to step aside. And when they step aside, it's going to impact the administration of justice. It's going to delay proceedings. It's going to cost people money. It's going to cost the court resources. And so that's what this story really tried to show. Coming up, lawmakers questioned fed chair Powell on inflation and the job market. Hi, I'm Stephanie kelton, an economist and co host of the new market watch podcast, the best new ideas in money. Money is an idea..
"kelton" Discussed on Bloomberg Radio New York
"Which one of us Bloomberg surveillance Must watch I think they made a great decision step permission We did mornings at 7 eastern on Bloomberg radio and Bloomberg television As we kick off 2022 we've got the rebound in the U.S. economy still facing a good deal of uncertainty Bloomberg David Weston talked with Stephanie kelton prof of economics at the state university of New York Stony brook she also formally served as a chief economist at the Senate budget committee In terms of the economic outlook it is always a foot race between the tailwinds that you hope are strong enough to propel you forward and keep you keep the economy expanding Allow us to continue to add jobs at the sort of pace that we've been adding over the last number of months now It's been very strong But the risks are obviously you know what you're coming up against in terms of headwinds And David for me the big headwind has been from the very beginning of this The virus itself And as we got vaccines and as we got more of the population vaccinated and we began the reopening we started to see just how resilient the economy had been through this And then of course we get hit with Delta And then here comes on the cons So you know if we are lucky and what we're hearing from a lot of the experts turns out to be correct that all Macron is more transmissible but less difficult to deal with in terms of the health impacts and so forth And we're going to see maybe after the next three weeks or so will be This will be kind of rearview mirror in terms of on Macron So if there's not another mutation and another variant that we have to deal with And I think the outlook looks pretty good to me The big headwind is the virus From your mouth to God's ears basically the vaccine really taking care of the problems for us we're getting past the overcrowd At the same time as you look back at what we saw last year is the virus hitting the supply side of the equation of the demand side more because I think one thing that surprised some people was how much it hit the supply side which really drove inflation Oh I think that's absolutely correct I mean there are both things are at play here right It is the case that we had extremely robust fiscal support this time unlike after the financial crisis and the fiscal fiscal response from Congress after the 2008 economic downturn this time was much different We had much more robust fiscal support People had more money They had more income to spend coming out of the sort of reopening part of all of this And so there were demand impulses there at play that helped to allow consumers to go racing back in And it's really been a question of what people are trying to spend money on It isn't the case I don't believe that what we have is just a generalized case of too much money chasing too much too few of everything else right Goods and services That was Stephanie kelton prof of economics of the state university of New York In stony brook Now do you have a stomach for volatility Do you believe that you'd like a little bit of Bitcoin to help you at whether the inflation storm ten days that didn't change the narrative but we drifted downwards by over 6% Where do we go from here Well Bitcoin could make it to a $100,000 Why Because as Goldman Sachs say it's all about the.
"kelton" Discussed on Bloomberg Radio New York
"Reality that we must face our city and school system must open to the world of business We still think that the economy once we on the other side of this omega will still be looking very slow This is balance of power with David Weston From Bloomberg world headquarters in New York to our television and radio audiences worldwide Welcome to ballots of power We're going to start today once again with a check on the markets and where they are today joining us is Abigail Doolittle So evident what are we seeing today that's different Very interesting action In fact I divergence between the growth and cyclical trade today in favor of value or the cyclical trade and not tech We have the S&P 500 at this point actually down earlier putting in an all time high The Dow is leading It is up at this point about 7 tenths of 1% On the other hand the tech heavy index is they are down down down more than 1% This has everything to do with rising yields Over the last two days the ten year yield backing up about 15 basis points may be a delayed reaction to the fed's message in December as folks seem to be a little bit less worried about omicron So here we are putting 2% back and play I know you have a well maybe you were talking about 2% getting you a tough time and I'm not making it 2% 1.7 if we get there as closer to 2% no question about it But sometimes what's the volume like Because obviously through the holidays it was very thin Yeah it's really interesting It is 50% above the 20 day moving average So if you factor in last week that of course would take down the average but even so it is way way above So a little bit of selling that we're seeing today means that those investors are fairly serious especially in terms of selling tech and apple is still down It's down 1.2% So not making that $3 trillion market again at least today I'm worried about alpha being under $3 trillion Thank you so much to do a little for that report on the markets As we enter 2022 the rebounding economy is facing a good deal of uncertainty over jobs or inflation of the fed pace of fed tapering Take us through it all We welcome Stephanie kelton Professor of economics the state university of New York at stony brook doctor kelton earlier serves as the chief economist the Senate budget committee So doctor cotton thank you so much for being with us As you look at the possible risks out into 2022 what's got your attention the most Well you look you're looking for the headwinds right I mean in terms of the economic outlook it is always a foot race between the tailwinds that you hope are strong enough to propel you forward and keep you keep the economy expanding Allow us to continue to add jobs at the sort of pace that we've been adding over the last number of months now It's been very strong but the risks are obviously you know what you're coming up against in terms of headwinds And David for me the big headwind has been from the very beginning of this The virus itself And as we got vaccines and as we got more of the population vaccinated and we began the reopening we started to see just how resilient the economy had been through this And then of course we get hit with Delta And then here comes a con So you know if we are lucky and what we're hearing from a lot of the experts turns out to be correct that all Macron is more transmissible but less difficult to deal with in terms of the health impacts and so forth And we're going to see maybe after the next three weeks or so will be this will be kind of rearview mirror in terms of omicron So if there's not another mutation and another variant that we have to deal with And I think the outlook looks pretty good to me The big headwind is the virus From your mouth to God's ears basically on the vaccine really taking care of the problems for us We're getting past the oh my At the same time as you look back at what we saw last year is the virus hitting the supply side of the equation of the demand side more because I think one thing that surprised some people was how much it hit the supply side which really drove inflation I think that's absolutely correct I mean there are both things are at play here right It is the case that we had extremely robust fiscal support this time unlike after the financial crisis and the fiscal fiscal response from Congress that after the 2008 economic downturn this time was much different We had much more robust fiscal support People had more money They had more income to spend coming out of the sort of reopening part of all of this And so there were demand impulses there at play that helped to allow consumers to go racing back in And it's really been a question of what people are trying to spend money on You know it isn't the case I don't believe that what we have is just a generalized case of too much money chasing too much too few of everything else right Goods and services People have been trying to buy a lot of goods And we still have been reluctant to go back into restaurants and on airplanes and hotels and the vacations and all the other things So you know the supply side has revealed a lot of vulnerabilities And we've seen it at the ports and we've seen it with freight and trucking and all the rest of it And so the supply side I think overwhelms the demand side contributors to the inflationary pressure that we're currently dealing with And of course it's not just goods and services that there's a lot of demand for it not allow supply And there's also workers We've had some difficulty with that What do you make of the job picture right now looking forward to those jobs numbers on Friday And the increasing wages we're seeing across the country Yeah so you know we got some numbers out today with the jolts report Now this is a look back right These are November numbers So this is really pre Al Macron but these numbers look really good I mean this is a labor market that continues to I think display a great deal of strength You continue to see high levels of quits That's true about four and a half million workers quit jobs in November But we added right 6.7 million higher And so while quits are really near historic highs it's also the case that on balance we are adding tons and tons of jobs in this recovery And so that's a really good news Most of the people who are quitting are quitting because they're taking more different jobs right They're not quitting and leaving the labor force In fact the labor forces continuing to grow Labor force is strong by 1.8 million over the last 9 months So we're adding back jobs We've got a lot of strength in the labor market Yes some workers are enjoying by virtue of having a little bit of additional bargaining power the ability to leave a job they didn't like move into a better job a better paying job and to the extent that this labor market is allowing people to enjoy that sort of increase in wages along with an improving economy I think that's a good thing What does this all say to the fed as we enter this new year The feds indicated they're going to are in the process of tapering their bond buying purchases We don't know yet about the rate hikes What do you anticipate in 2022 Well look I think we know that the fed would really like to be able to raise rates probably would like to be able to get in three hikes this year whether that turns out to be possible or not I think again we got to come back to the virus.
"kelton" Discussed on Drafted
"Near the lakefront. In between the Brown stadium and The Rock and Roll Hall of Fame. It's spaced out more like a music festival than a draft. So it's fitting that rockstar's kings of Leon finished their pre draft concert on the main stage. As devonte, his family, Gourmet, and kelton. Take their seats in the green room. And at the Pensacola beach house in Florida, Alex leatherwood settles onto the couch with his family. Watching as NFL commissioner, Roger Goodell, steps
"kelton" Discussed on Game Theory Podcast
"That's potentially three or four of their starters, I guess, but they just weren't running anything like they were running the most bland like non creative offense. And that actually does give me some real worry throughout the course of this season. The magic just might be really bad. But let's talk about the positive here. The spurs were really fun. Who's your favorite young guy on the spurs? Your favorite between dejante Murray Derek, white Lonnie walker, Devin vassell, kelton Johnson, Josh primo. Who's the guy that stood out to you most? Kelton Johnson. I part of why I like tell them so much is that as a forward sized guy who is a capable defender, he's more plug and play, and the value of wings are on the league is sky high and we know Johnson works hard. That's part of why he got moved up from the select team to actually make the Olympic team. I didn't get to watch much of that game and I've been intrigued by Devin vassell before. So I wouldn't be stunned by the end of the year it was vassal. And Derek white before the weird last year that he had, he was intriguing as well as somebody who could defend multiple positions and can shoot and can kind of fit in as a primary or a secondary ball handler. But I like keldon Johnson the best. I think I would still wean kelton Johnson in this for sure. I ask this question solely because I thought Devin basil was awesome in that game against the magic. Everything came just so within the flow of the offense, it was so decisive. And by the way, that's also why I really like held and Johnson. Everything he does is just very decisive and aggressive and he makes quick decisions with the ball whenever he has it. Like he doesn't really fuck around with it. He just keeps that thing moving, or he's going to drive an attack. I will just say the Denver cell, like he pulled out like a penny like turn around jumper that was absolutely disgusting in the mid range. And with his high release point, it was really, really difficult to contest. He was really good defensively. He's so long and so active on that end. If it turns out to be Devin vassell, I would not be surprised..
"kelton" Discussed on TED Talks Daily
"All of the resources you need are well fully employed. There's no spare capacity anywhere in the system so if the government suddenly tried to make all of these investments at once it would quickly discover that it doesn't have the people or the building materials to do the work to get the resources it needs. It would have to compete with the private sector bidding up wages and prices that would be inflationary and it would be fiscally irresponsible. We are a long way from full employment. We have the resources we need to begin. Repairing are broken systems. But we have to believe it's possible we can't let words like debt and deficits hold us back with a better understanding of public money where it comes from and how it works we can take aim at the many real deficits that are bearing down on us in every crisis lisin opportunity we can pick up the pieces and try to reassemble the fragile systems. That were in place before the pandemic or we can build a new shaping our bountiful resources into the kind of world. We want to live in one that cares for our people and our planet. I truly hope we choose to be bold. Thank you ted..
"kelton" Discussed on The Woody Show
"Law season of footage. And we would all just ignore the fact that everybody's a lot older. I love that idea. What netflix did with wet hot american summer and that made it even funnier that these actors are so much older but yet they're playing camp counselor and nobody says john lydon aka johnny rotten. He's been pissed about this upcoming sex pistols television series so much so that he sued his former bandmates. Steve jones and paul cook saying that this show couldn't use sex pistols music without his permission will on monday a uk judge sided with jones and cook ruling. That lydon signed away his power to control the use of music rights ono publishing company so it's full steam ahead for the show. It's called pistol based on jones's memoir lonely boy tales. Promise sex pistol. That's being produced by fx directed by danny boyle who did trainspotting twenty eight days later. Slumdog millionaire in a bunch of other stuff seems like a big huge day. No question judge like agreed with giren but said that you grew right. And how could you have a show about the sex pistols without the music. Yeah stupid they've tried to do things like that before. And just doesn't like we get it your precious right. Come on let him use it. You guys remember their mum on onto that guy from the mighty ducks when he was a homeless drug and since moved into a halfway house and it's getting cleaned up last. We heard it. Yeah well there's another show yesterday on. Tmz involving actor nicholas brennan. He was zander. On all seven seasons of buffy the vampire slayer reminds. Me of that. Mugshot look at this mugshot for nicholas. This mugshot actors on off the rails like that. It's just because they just don't want to get a regular job and dono. Volunteers doug sir nicholas has been a drug addict really long time. So he was near tara. Indiana and the cop spotted him just driving a radically so he did get pulled over. Police said he was sweating. Profusely had a visibly racing pulse on his neck hog and his hands were shaking. He also gave them a california. I d with the name. Kelton schultz saying that. Kelton is his twin brother now. He has a twin so that could be true about cops say they found small plastic bag that contained crystal powder residue Pill bottle in a bag with medication prescribed to nicholas bender not nicholas brendon brandenburg gender. So nicholas was taken into custody and arrested for allegedly obtaining prescription drugs by well. I mean look can't blame them. I mean books. Reese's get the name. The doctor assist you know typo. Yeah yeah kelly says. I'm going to go on a bender bender. Have you seen their handwriting. So bad back. On the radars reggie by manscaping landscape engineering team has confirmed that they have successfully created the lawnmower four point oh trimmer manscaping or the international leaders in below the waist brooming and right now get twenty percents off with free shipping with the code woody at manscaping dot com. That's twenty percent off and free shipping at manscaping dot com code. Woody.
"kelton" Discussed on WTVN
"Ohio's capital city. Depends on use radio 6 10 w TV End Columbus and I Heart radio station just after five o'clock. Thank you So much for listening to the mark. Blazer show. Welcome in glad that you're here. Stand by because we're gonna maybe get into a little bit of this. The featured pairings for the memorial. You know, round one happens here in Dublin, Alison in the news coming up, too. But first we'll check traffic and weather together from temp start heating and cooling products Accident on Bethel Road, Johnny that the road west of 3 15 Markets got an accident scene, Mia read. Medics were called to the scene earlier and the half hour the accident scene about half an hour. All right now, but be careful of your west of it. Lots of freeway delays. 71 heavy slow down from Polaris to 70 east across Worthington. Ah, 70 west into downtown that's improving at disabled vehicle was clear near Miller Kelton. Possibility. 1, 61 East and Hamilton Road and not much going on a 33 year. Every mirror field at the moment if you're still trying to catch the last the practice round today accident scene Still the clear Atmore saying to Carl, this report, sponsored by dawn dish soap after 40 years, helping to clean wildlife, Don knows a helping hand can come from unexpected places. Don is proud to partner with I heart radio in supporting Can't cancel pride and equality for the LGBT Q. Plus community learn more AT can't cancel pride dot com Traffic and weather together powered by temp star and classic air I'm Johnny Hilla NewsRadio 16 w tvn still dodging some raindrops overnight tonight the low down to about 62 degrees, then 75 on Thursday. Still going to need some rain gear.
"kelton" Discussed on PRI's The World
"At the retirement community where she works in downtown toronto big thing that they were feeling with that lack of one on one connection with their grandchildren. They're great grandchildren. It was undeniably challenging. Kelton works at the chartwell avondale retirement residence and this was weighing on her too so she called a longtime friend. Mayland thiessen to brainstorm in one of our many conversations. We were trying to come up with a way that we could lighten their mood or give them something to look forward to. And i'm sitting here looking at edison. Edison is thiessen son. He was just one at the time so he couldn't really talk and certainly couldn't right but thiessen and kelton thought maybe the residents would want to hear from him and so the idea was wet spring. Addison the resident. That idea turned into a weekly newsletter. Called fridays with edison for more than two hundred miles west in kingsville ontario edison's mom thiessen started writing from her son's perspective. About all the little things. He played with and observed throughout the week. It's all i this. I that rate from a one year old now but written by me she tacked on a few photos and send it off to kelton who printed the newsletter and delivered it to their tarmac homes seventy residents. It was an instant hit. Oh well. I've really enjoyed friday to jesse. Carlson has been an avid fan of the newsletter. Since the very first edition. She says his letters helped her most. When covid safety measures were at their strictest he was describing things that he looked added he was walking along and so it was almost as if we were going on a little walk with him. It was great to have this sort of experience of being outside almost. Even though you weren't kerr lawson has never met at a sentence lives hundreds of miles away and ninety years older than him still. She relates to the little guy. Do i think i. If i know him yes i do. We'd have quite a pleasant chat if turned up front lobby someday. Sure we'd have lots to talk about that. Conversation is already underway. Kirloskar is one of a handful of residents who have started writing back to edison. Another one of edison's pen pals is arlene davis. He is a delightful looking little red. Hit getting these letters for medicine is like having a burglar every week one of the letters that stuck with davis talked about the time. Edison tried his first radish. You rent an acquired taste at edison. Hasn't acquired the taste you specifically that newsletter read. Remember when. I told you i was going to be able to try a radish soon. I gotta do that this week. I actually liked it at first but then it got spicier as i bit closer to the leaves. I made a scrunched up when that happened stories. Like that davis says remind her of her own childhood when she too would rummage around in the garden. Many of edison's adventures outside. Which is exactly where. I found him when i called his mom. Malin thiessen this week. I'm talking to a new rag. Thiessen got down to edison's level in their garden and put me on speaker phone while she asked him about his friends in toronto. Like sending those newsletters. Yeah i'm ben when when your friends right you mail. Do you like getting that mail. And where do we get the mail in nearby us a key. Do use the key. Edison quickly became more interested in some nearby rhubarb than in a stranger on the phone. We are new friends. Back at the retirement community in toronto jesse kerr lawson hopes. Edison won't say bye to her anytime soon. I am really pleased that he's keeping on writing or the hasn't got bored with all so it's very nice to be getting them for them. Edison's ghostwriter his mom says the residents have nothing to worry about even as kovic restrictions..
"kelton" Discussed on WTVN
"Quick and easy meal that stands on its own. Older paso standing stuff. Taco shells, Andrew Vehicles Go toe hold up. Assa calm for ideas and recipes. Traffic Weathers Sports Ohio's Capital city. Depends on use radio 6 10 w tvn. Columbus and I aren't radio station just after five o'clock. Thank you for listening to the mark. Blazer show glad that you are here and coming up just after five here. New Jersey is prioritizing smokers for covert vaccination. Alison in the news coming up to my first check, traffic and weather together from temp start heating and cooling products. Accident blocking on the 70 West exit to 71 north, Johnny. Yeah, right. Downtown. We had a right lane blocked. It Looks like they've got this just moved off to the side of the last couple of minutes. You'll still see some brake lights coming in from Miller Kelton. We're also getting reports that the exit of 70 east to 71 North is being blocked by an earlier disabled semi. Now they're getting that out of the way, too. So we're having a little trouble at the ranch a 71 north downtown, whether you're 70 East or West Give yourself a little extra time. Both directions. New problem. A vehicle off the side of the road. 71 south at the gross city exited string town traffic sponsored by the exigent temporal scanner. Fever is the leading sign of covert 19 use an accurate thermometer for twice daily checks. Protect your loved ones with the exertion. Temporal scanner. It takes an accurate reading in seconds and is the only home thermometer recommended by hospitals, positions and clinics. Stay safe with exigent traffic and weather together from temp star and custom air on Johnny Hill. NewsRadio 16 w tvn. Mostly cloudy for the night tonight some scattered snow showers and a low down to 28 degrees..
This Economic Theory Could Be Used To Pay For The Green New Deal
"This message comes from N._P._R.. Sponsor get around with get around your idol car can actually earn you money. Just share it on the APP and Rinse it out when you're not using it visit get around dot com slash share now to start sharing get around. It's go time New York. Congresswoman Alexandria Ocasio Cortez wants a green new deal clean energy guaranteed jobs when she announced this everyone asked how are you gonNa pay for it. Here's what she told morning edition earlier this year I the first thing that we need to do is kind of break. The mistaken idea that taxes pay for one hundred percent of government expenditure. She says ambitious government programs can be financed through deficit spending and in saying that she has spotlighted in an obscure brand of economics known as Modern Monetary Theory N._p._R.'s Scott horsely has a beginner's guide modern monetary theory's been around for years but it's only recently stepped out of the shadows economist Stephanie Kelsen Stony Brook. Doc University says that's partly thanks to Cossio Cortes. The Social Media Darling embraced the theory while making an unapologetic case for costly new government programs there was something of an oprah effect wrench she did that. People immediately probably started readied googling modern monetary theory to find out what she was referring to run that Google search and you'll quickly find Kelton herself. The Economist who advised Bernie Sanders Twenty sixteen campaign is one of the best known evangelist for 'EM MT Kelton says paying for big government programs is the easy part. If Congress has the will she argues the Federal Reserve can effectively print the money if Congress authorizes a few billion dollars of additional spending or a few hundred billion dollars then the feds job is to make sure that those checks don't bounce a central element of empty is that governments that control their own currency like the United States don't have to worry about spending more than they collect in taxes. This they can always create more money but Kelton says that's not a blank check for unlimited government spending too often people get a whiff of mt they don't read the literature and they somehow arrive at the takeaway that M._t._a.. is about printing prosperity and of course when people hear printing money they go straight to Zimbabwe Weimar Germany those are notorious cases of runaway price hikes but Kelton says inflation is only Nia danger when demand outstripped the real capacity of the economy the people machines and raw materials last week under questioning from Cossio Cortez Federal Reserve Chairman Jerome Powell acknowledged the U._S.. Job Market has shown more capacity. Did you grow without triggering inflation. He and his colleagues had expected still vows no fan of MT as he told the Senate hearing back in February the idea that deficits don't matter for countries that can borrow in their own currency. I think is just wrong. We're. We're going to have to either spend less or raise more revenue taxes story and Bruce Bartlett also blast. 'EM MT as little more than a fig leaf giving license for big spending in the same way art laugher gave Republicans covered a cut taxes with the dubious claim. They'd pay for themselves. M. T. is sort of laugh recur for the Left. Some of them tease biggest supporters however are not liberal politicians but bond traders but firms like Pimco and Goldman Sachs James Montier. WHO's with the investment firm G._M._O.? Says he turned him Mt. After more conventional economics. Let him astray in the nineteen nineties. Monty and many others were convinced. Japan's rising government debt would drive up borrowing costs. It didn't across both Mike Lines or anyone who stupid enough to follow me money. It was one of the worst trait positions I've ever suggested in my entire life. Monte says M. T. offers better financial forecast and helped him understand why interest rates in the U._S. asks have stayed low. Despite growing government deficits persistently low interest rates have also prompted some mainstream economists like Larry Summers and Jason Ferment to rethink their attitudes and be less concerned about federal deficits but they haven't.
Deputy shot while serving warrant at hotel in Illinois
"And a dangerous and now deadly situation unfolding in the state of Illinois, a member of a US marshals task force shot serving a warrant at a hotel is dead. And we've just gotten unnamed the sheriff's deputy killed at this hotel has been identified as thirty-five year old Jacob Kelton or a twelve and a half year veteran of that department. Also, the suspect who is accused of shooting this marshal deputy fled the scene is now in a barricade situation with authorities along interstate ninety five the suspected gunman crashing his vehicle before this happened. He's identified as Floyd Brown. Thorny say they're in contact with Brown. Trying to bring about a peaceful ending to this