17 Burst results for "Threepercent"

"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"Day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm susanna palmer this is bloomberg you're listening to politics policy and power with amy morris and peter barnes bloomberg radio president trump continues to remind his twitter followers of a strong you us economy something white house director of legislative affairs mark short discussed with bloomberg recently were encouraged a threepercent gdp growth of the last three quarters were encourage the four point two million americans have received either a wage increase our boris the last six weeks since we pass the tax cut plan and we're also incurs an in january there was a five percent increase in federal revenues 'some is not gone as much attention so we're actually we are encouraged by the growth in the economy bloomberg news white house deputy team leader might doing with me now in our bloomberg 991 studios here in washington to talk about the economic report of the president which has been officially released and mike this is supposed to be what the council of economic advisers expects to happen in the economy but we don't really see exactly what they expect to happen in the economy in this report it's a huge report is voluminous there's a lot of detail but it doesn't really specifically say what they think is going to happen well it does have a a um forecast for growth in the economy in the five hundred sixty two page new where to look more but the big estimating three point one percent growth this year um and two point eight percent growth in the long term and that the unemployment rate will fall to three point seven percent by the end of next year which is kind of in line not ridiculously out of sync with thumb private forecasters but mostly this is like an ano taye dead five hundred sixty two page academic document.

susanna palmer bloomberg amy morris peter barnes trump team leader washington president twitter director of legislative affair white house mike three quarters eight percent seven percent five percent threepercent one percent six weeks
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"Day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm susanna palmer this is bloomberg you're listening to politics policy and power with amy morris and peter barnes bloomberg radio president trump continues to remind his twitter followers of a strong you us economy something white house director of legislative affairs mark short discussed with bloomberg recently were encouraged a threepercent gdp growth of the last three quarters were encourage the four point two million americans have received either a wage increase our boris the last six weeks since we pass the tax cut plan and we're also incurs an in january there was a five percent increase in federal revenues 'some is not gone as much attention so we're actually we are encouraged by the growth in the economy bloomberg news white house deputy team leader might doing with me now in our bloomberg 991 studios here in washington to talk about the economic report of the president which has been officially released and mike this is supposed to be what the council of economic advisers expects to happen in the economy but we don't really see exactly what they expect to happen in the economy in this report it's a huge report is voluminous there's a lot of detail but it doesn't really specifically say what they think is going to happen well it does have a a um forecast for growth in the economy in the five hundred sixty two page new where to look more but the big estimating three point one percent growth this year um and two point eight percent growth in the long term and that the unemployment rate will fall to three point seven percent by the end of next year which is kind of in line not ridiculously out of sync with thumb private forecasters but mostly this is like an ano taye dead five hundred sixty two page academic document.

susanna palmer bloomberg amy morris peter barnes trump team leader washington president twitter director of legislative affair white house mike three quarters eight percent seven percent five percent threepercent one percent six weeks
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"Day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm susanna palmer this is bloomberg you're listening to politics policy and power with amy morris and peter barnes bloomberg radio president trump continues to remind his twitter followers of a strong you us economy something white house director of legislative affairs mark short discussed with bloomberg recently were encouraged a threepercent gdp growth of the last three quarters were encourage the four point two million americans have received either a wage increase our boris the last six weeks since we pass the tax cut plan and we're also incurs an in january there was a five percent increase in federal revenues 'some is not gone as much attention so we're actually we are encouraged by the growth in the economy bloomberg news white house deputy team leader might doing with me now in our bloomberg 991 studios here in washington to talk about the economic report of the president which has been officially released and mike this is supposed to be what the council of economic advisers expects to happen in the economy but we don't really see exactly what they expect to happen in the economy in this report it's a huge report is voluminous there's a lot of detail but it doesn't really specifically say what they think is going to happen well it does have a a um forecast for growth in the economy in the five hundred sixty two page new where to look more but the big estimating three point one percent growth this year um and two point eight percent growth in the long term and that the unemployment rate will fall to three point seven percent by the end of next year which is kind of in line not ridiculously out of sync with thumb private forecasters but mostly this is like an ano taye dead five hundred sixty two page academic document that is kind of the footnotes to the presidential spin and its function that way for decades now that the economic report of the president of the report of the council and economic advisers is generally leica uses a lot of economic research and academic literature to back up what the president wants done and it comes.

susanna palmer bloomberg amy morris peter barnes trump team leader washington president twitter director of legislative affair white house mike three quarters eight percent seven percent five percent threepercent one percent six weeks
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"A day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm susanna palmer this is bloomberg you're listening to politics policy umbro with amy morris and peter barnes on bloomberg radio president trump continues to remind his twitter followers of a strong us economy something white house director of legislative affairs mark short disgust with bloomberg recently were encouraged to threepercent gdp growth over the last three quarters were encouraged at four point two million americans have received either a wage increase of boris the last six weeks since we pass a tax cut plan and we're also incurs an in january there's a five percent increase in federal revenues some is not gone as much attention so we're actually we are encouraged by the growth in the economy bloomberg news white house deputy team leader might joining with me now in our bloomberg nine nine when studios here in washington to talk about the economic report of the president which has been officially released and mike this is supposed to be what the council of economic advisers expects to happen in the economy but we don't really see exactly what they expect to happen in the economy in this report it's a huge report is voluminous as a lot of detail but it doesn't really specifically say what they think is going to happen it does have a a um forecast for growth in the economy in the five hundred sixty two page moonlight new where to look word but be very estimating three point one percent growth this year um and two point eight percent growth in the long term and the the unemployment rate will fall to three point seven percent by the end of next year which is kind of in line not ridiculously out of sync with them private forecasters but mostly this is like an ano tainted five hundred sixty two page academic document.

susanna palmer bloomberg amy morris peter barnes president trump team leader washington twitter director of legislative affair white house mike three quarters eight percent seven percent five percent threepercent one percent six weeks
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"President trump continues to remind the twitter followers of a strong us economy something whitehouse director of legislative affairs mark short discussed with bloomberg recently were encouraged a threepercent gdp growth of the last three quarters were encouraged that four point two million americans have received either a wave increase of boris the last six weeks since we pass the tax cut plan and we're also incurs an in january there a five percent increase in federal revenues that some is not gone as much attention so we're actually we are encouraged by the growth in the economy bloomberg news white house deputy team leader might doing with me now in our bloomberg 991 studios here in washington to talk about the economic report off the president which has been officially released and mike this is supposed to be what the council of economic advisers expects to happen in the economy but we don't really see exactly what they expect to happen in the economy in this report it's a huge report is voluminous as a lot of detail that it doesn't really specifically say what they think is going to happen it does have a a forecast for growth in the economy in the five hundred sixty two page new wear to look mart but the big estimating three point one percent growth this year um and two point eight percent growth in the long term and that the unemployment rate will fall to three point seven percent by the end of next year which is kind of in line not ridiculously out of sync with them private forecasters but mostly this is like an and outaid ahead five hundred sixty two page academic document that is kind.

trump bloomberg team leader washington president twitter director of legislative affair white house mike three quarters eight percent seven percent five percent threepercent one percent six weeks
"threepercent" Discussed on 790 KABC

790 KABC

01:37 min | 2 years ago

"threepercent" Discussed on 790 KABC

"Rate at some point up to three percent which is the highest median dots gold and they go back down to to 75 at where they think the final resting places i just get worry larry that if the fed what's the move let's say four times this year and that was the call for a lot of people earlier on and maybe they still have that if you didn't take the fed goes for this year and for next year 'cause the market's gonna assume going to go more than that just going to go twice that scares me and that's where that that peace on interest rates matter because a threepercent plus fed funds rate to me they invert the curve and the 10year know goes through it you to mediate and you hurt the economy if they go too far would be recessionary and longterm rates real rates will fall and the curve will go flat or even invert corrected yeah i wish they need to think hard about that what's out so if if if the jolo voinea worldview says next year at least we're going to have non inflationary growth translate that to to numbers real gdp outlook inflation outlook and even interest rate outlook i would say that if we have to hike three percent growth this year with two hike and one and a half the two percent core inflation next year you're looking at i would say again growth close to three percent eighty inflation at two slightly higher maybe the fed funds rate could grow up another couple of times so you're basically looking at rates being somewhere around two and three ace maybe two and a half and then just wait and see what happens remember that balance sheet larry if this goes off of four hundred billion plus a year i we might be underestimating the.

larry fed three percent threepercent two percent 10year
"threepercent" Discussed on KSFO-AM

KSFO-AM

01:35 min | 2 years ago

"threepercent" Discussed on KSFO-AM

"Highest median dots go nickel back down to 275 at where they think the final resting places i just get worry larry that if the fed what's the move let's say four times this year when that was the call for a lot of people earlier on and maybe they still have that if you have to take a third goes for this year and for next year 'cause the market's gonna assume they're gonna go more than that just going to go twice at that scares me and that's where that that peace on interest rates matter because a threepercent plus fed funds rate to me they in verse curve and the 10year know goes through it you disintermediating and you hurt the economy heard yu if they go too far would be recessionary and longterm rates said real rates will fall and the curve will go flat or even invert corrected yeah i wish they need to think hard about that what's adequate so if if if the gel the voinea worldview says next year at least we're going to have non inflationary grows up translate that to to numbers real gdp outlook inflation outlook and even interest rate outlook i would say that if we have to hike three percent growth this year with to hike and one and a half the two percent core inflation next year you're looking at i would say again growth close to three percent eighty inflation at two slightly higher maybe the fed funds rate to go up another couple of times so you're basically looking at rates being somewhere around two and three eighths maybe two and a half and then just wait and see what happens whoever that balance sheet larry that's just goes off a four hundred billion plus a year i we might be underestimating the impact that.

larry yu three percent threepercent two percent 10year
"threepercent" Discussed on KBOI 670AM

KBOI 670AM

01:33 min | 2 years ago

"threepercent" Discussed on KBOI 670AM

"275 were they think the final resting places i just get worry larry that if the fed what's the move let's say four times a year when that was the call for a lot of people earlier on and maybe they still have that if you take the fed goes for this year and for next year 'cause the market's gonna assume that gonna go more than just gonna go twice at that scares me and that's where that that peace on interest rates matter because the threepercent plus fed funds rate to me they invert the curve and the 10year know goes through it you disintermediated a young hurt the economy far would be recessionary and longterm rates and real rates will fall and the curve will go flat or even invert corrected yeah i was they need to think hard about that what adequate so if if if the joe lavoix gna worldview says next year at least we're going to have non inflationary growth up translate that to to numbers real gdp outlook inflation outlook and even interest rate outlook i would say that if we have to hike the three percent growth this year with to hike and one and a half the two percent core inflation next year you're looking at i would say again growth close to three percent baby inflation at two slightly higher maybe the fed funds rate could go up another couple of times so you're basically looking at rates being somewhere around two and three eighths maybe two and a half and then just wait and see what happens whoever that balance sheet larry if this goes off a four hundred billion plus a year i we might be underestimating the impact that.

larry fed three percent threepercent two percent 10year
"threepercent" Discussed on KKAT

KKAT

01:40 min | 2 years ago

"threepercent" Discussed on KKAT

"Call for a lot of people earlier on and maybe they still have that if you take a third goes for this year and for next year 'cause the markets can assume that gonna go more than just going to go twice that scares me and that's where that that peace on interest rates matter because the threepercent plus fed funds rate to me they invert the curve and the 10year know goes through it you disintermediating they and you hurt the economy right heard you if they go too far would be recessionary and longterm rates in real rates will fall and the curve will go flat or even invert correct exactly where i was they needs is think hard about that what so if if the gel the voinea worldview says next year at least we're going to have non inflationary grows translate that suits and numbers real gdp outlook the inflation outlook and even interest rate outlook i would say that if we have to hikes three percent growth this year with two hikes and one and a half the two percent core inflation next year you're looking at i would say again growth close to three percent inflation at two slightly higher maybe the fed funds rate could go up another couple of times so you're basically looking at rates being somewhere around two and three ace maybe two and a half and then just wait and see what happens here with that balance sheet larry this goes off of four hundred billion plus a year i we might be underestimating the impact that could have on markets in the possibly this mike financial markets condition uh financial conditions tie in and we know historically the fed has always tend to overdo it then i just get worried that with the rate moving down close the three percent next year the fed.

fed three percent threepercent two percent 10year
"threepercent" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

01:54 min | 2 years ago

"threepercent" Discussed on KMOX News Radio 1120

"Mom and pop investors were throwing gobs of money in the most that we've seen in a decade suddenly coming in then this very strong jobs report comes out in hints at inflation which if you follow that domino the next thing that happens of course is the fed says out legal like inflation we've got to start ticking interest rates up but you know what folks this is why i don't think we need to go a lot deeper is because this has all been expected i've talked about it on the show it's no surprise we fell so dramatically because we weren't letting any arod out of that balloon over the past year that's why i've been wanting just give us even a threepercent current pullback 5 percent two percent soon give me some thing because when it finally does happen the longer we gone it won't be two or three percent it'll be larger not a bear market but it will come with more ferocity and that's what we've seen the last couple of weeks you know and and and then i'll have one more thing here's what exacerbated it because let me tell you it does it make sense for this market to have dropped so ferociously to the downside in a quick l amount of time like that so much volatility based on what jobs report that was a good one and brought some fears of inflation because people have been fearful of inflation for some time this didn't necessarily catch anyone by surprise so what made it even worse and so boom quickly what happened perhaps you've heard about this too these folks who have been betting with their money in not just normal stocks and bonds and other assets but some of these really high concocted all of.

arod three percent threepercent two percent 5 percent
"threepercent" Discussed on 1380 AM The Answer

1380 AM The Answer

01:52 min | 2 years ago

"threepercent" Discussed on 1380 AM The Answer

"First three quarters 100 president trump to produce threepercent gdp growth on every uh every summer says believing in the trump administration's forecasting threepercent gdp growth looks like believing in to carry she was unabomber era economist i was president of harlem it numbers yeah i eat like supposed to be a genius uh last may he said threepercent gdp believing in truth varies so if if say it's a who i love that i gotta get that i know i know true what they are autographed too short because uh paul krugman makes all these predictions two after at the new york times and none of them come to fruition and nothing happens for truth in permanence another one another obama era economists who said in march of last year that we would have two percent gdp growth soon percent gross domestic rush gross domestic product growth for ten years for and mothers decades and out three three quarters answer crops and while we're the averaging three percent and i think everybody assumes that the first quarter of this year we're going to have lost their slow border in fact the atlanta fed was projecting five point four percent which is really gonna lift at average so i think these guys are going to exert give me was gonna look terrible on something the stock market darrow soll dramatically the last week ordered federal garbage truck marker worn is companies doing well if you believe or companies than ever commend this year you're going to invest in that company if you believe american businesses are going to continue to profitable that's where your water and fat so there's performance the second thing is demand like any other product there has to be a demand for stocks and people invest in shots when they believe the return the money so back lim investing in shocks.

president harlem paul krugman new york times atlanta unabomber obama fed threepercent three three quarters three quarters three percent four percent two percent ten years
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:34 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"The us justice department has offered to settle its emissions cheating lawsuit against fiat chrysler automobiles that's if the automaker recalls one hundred four thousand vehicles and pays a substantial but unspecified civil penalty stocks tumbled this week all eleven industries and the sp 500 dropped something that hasn't happened since the month of donald trump's election the sp 500 was down three point eight five percent this week the dow was down four point one percent and the nasdaq down three and a half percent treasuries sold off friday the 10year note last quoted at healed of two point eight four percent canadian prime minister justin trudeau made some of his most aggressive comments to date on dealing with the us demands to rework the north american free trade agreement trudeau speaking in british columbia yesterday said we aren't going to take any old deal and canada is willing to walk away from nafta if the united states proposes a bad deal global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm susanna palmer this is bloomberg off just over a threepercent being used to fizz than two years learn more funds has liquidated than headlines what's the future of money management hedge funds are really using etf so lower their costs several managers that we're talking have different things that are alarming them this is bloomberg dr asked your source for hedged on france investing strategy an asset management with john gender and peggy.

john prime minister fiat chrysler peggy france us bloomberg susanna palmer canada columbia justin trudeau donald trump eight five percent eight four percent threepercent
"threepercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:25 min | 2 years ago

"threepercent" Discussed on Bloomberg Radio New York

"Three o to washington dc bloomberg 991 to boston bloomberg world six what to san francisco bloomberg 960 to the country siriusxm channel 119 and around the globe bloomberg radio app and bloombergradiocom this is bloomberg marcus what the role of value investing in an era of indexes we're gonna be speaking at that that with david pearl co chief investment officer of epoch investment partners also coming up we're gonna be speaking with stephen straus a visiting professor at princeton university talking about whether the big tech companies should be broken up but right now let us get a check on where markets are trading greg jarrett has that for us with bloomberg business flash greg got italy show the s p pushes toward a fresh record investors gear up for busy week resident donald trump is scheduled to address senate republicans tomorrow ahead of a potential vote on tax overhaul federal researcher janet yellen testifies before the congressional joint economic committee in washington and the confirmation hearing for her nominated successor derome powell begins adding to the mixed data on us gdp prices and jobs speaking of gdp julia coronado and macropolicy perspectives tells bloomberg that for the us get to the to get to the threepercent gdp people are going to have to while in the vernacular they're gonna have to get busy she says but to get to three percent on a sustained basis with male population growth unita massive capital deepening an epic affects capital deepening and i i think keno we've seen some better investment numbers investment looks okay but you know we would need something many many many quarters of doubledigit investment growth we check the markets every 15 minutes throughout the trading day here on bloomberg radio s p 500 is up a tenth of a percent up to dow's up threetenths for percent of sixty five of the nasdaq is up a tenth of a percent up five the 10year is down one 30second the yield of 237 percent west texas intermediate is down two point two percent of 57 sixty seven a barrel colmec's gold's up a half a percent at twelve ninety eight forty and out the ends of dollar 1116 the eurodollar 1929 the pound is thirty three forty nine footsie's down twotenths of a percent the dax in germany the cac in paris down threetenths percent that is a bloomberg business flash greg jarrett thank you very much greg jarrett our time now to learn a little bit more about.

paris germany texas janet yellen researcher senate chief investment officer siriusxm san francisco boston bloomberg us derome powell washington donald trump greg jarrett princeton university visiting professor stephen straus david pearl co three percent one 30second threepercent 237 percent two percent 15 minutes 10year
"threepercent" Discussed on WLOB

WLOB

01:35 min | 3 years ago

"threepercent" Discussed on WLOB

"Spending up individuals are spending in that threepercent was a faster pace than forecast right now stocks are mixed the dow is down seven points the nasdaq up almost ninety at sixty six forty five and hitting an alltime intraday high the sp 500 up almost ten at twenty five seventy were also watching some of the movers on the heels of earnings including gugel which right now is at a new high and up six percent and the apple is selling out to you all true sooner rock has nothing to do with fighting isis structure simon owen monitoring learn from london dave the uslead coalition to gauge di susa announcing a ceasefire between iraqi government forces and iraqi kurdish fighters that feed clashes over the past couple of weeks after iraq's northern kurdish region held an unauthorized referendum on independence the coalition had been boarding the that dispute was distracting from the fight against isis the coalition saying it's now encourage both sides to make sure this truce is not just temporary day seven president trump tweets he's releasing jfk details carefully open just about everything can come out nearly twenty nine hundred files were released about president kennedy's assassination with hundreds of files were kept top secret senior administration officials says some of the sensitive information relates to intelligence military foreign relations in law enforcement details from the 1960s in 70s through the 1990 fox's richardson democrats my brazil with this trump tweet he wrote it's now commonly agreed after many months of costly looking there was no collusion between russia and trump was collusion with hillary clinton is overcame other clinton campaign and democrats paid for the trump dossier fox news.

hillary clinton trump richardson law enforcement president iraqi government di susa london simon owen nasdaq russia brazil kennedy iraq uslead coalition apple gugel threepercent six percent
"threepercent" Discussed on WSB-AM

WSB-AM

02:04 min | 3 years ago

"threepercent" Discussed on WSB-AM

"Most under reported stats or stories that came out there happened last week cut to the single most important is to have economic growth you want an oil attorney trillion dollar debt and support because of spending but it's part because for the last eight years we've had one point eight percent growth in a country that needs threepercent growth and the biggest on watch story and politics and subst government of the last three weeks was the day gdp get revised up to three percent nobody talked about it but if that sustains and then he economic growth in the vault of tax reform donald trump is going to be a very successful president yeah i think he'd be untouchable if he can achieve that look for most of the postwar era through two thousand we we averaged about three percent growth and in the last few years we've been told to persson is the new normal and it's a huge difference there is no better program for the american worker the economic growth it's like einstein science compound it interest because you're you're increases in wealth compound every year there's an there's no programme washington could pass even if you give people money that does more than economic growth for word for the ordinary jo i think also donald trump has a big advantage here for example over mitt romney and some of the others he's not embarrassed by his wealth he's earned is now is not embarrassed by it and i think i i think that would be an asset in in addressing this democratic narrative they want that that kind of uh holds that if you're successful you're doing it at the expense of someone else i want you to hear this little more from thune because you he said we want to go inside that dinner last night and he's a pretty us a sedate guy anyway but it was a heidi heitkamp of north dakota it was a senator joe manchin and it was senator joe donnelly there here is what he was a little more from senator john thune cut forty nine i think that was an indication that the presence trying to reach out he's attempting to build why partisan support for some of the things that he wants to do but really off the thing like tax reform and tax cuts for middleincome americans is something that.

donald trump washington mitt romney heidi heitkamp north dakota joe manchin attorney president persson senator senator joe donnelly senator john thune three percent trillion dollar eight percent threepercent eight years three weeks
"threepercent" Discussed on WLOB

WLOB

01:45 min | 3 years ago

"threepercent" Discussed on WLOB

"A a membership card split the membership apparently and i've heard from people from that sam's club bjs costco they couldn't care less they i'm going to say that again they could not care less view split the membership with somebody they want you in their stores they want you as he customer they're not going to be stupid inspect don't know how dare you come in your that your own individual membership guard split the membership was in friends you'll see that you know dinky little fifty dollar membership fee if that's important you i totally respect that it's money in the bank money in the bank's money in the bank split the membership here is something that i was hearing about and i want to hear from people because of heard a good handful of people saying they made money this way use the stores signature card for points okay look a bj's credit card sam's club credit card a costco credit card i don't have any of those cards i go straight visa mastercard i don't even have an american express i think i have a discover card rattling around of my wallet somewhere just a look well rounded in my wallet but it's all visa and mastercard for me i'll just the straight regular brands a lot of people after have the bjs sam's club the costco credit cards and apparently they're offering some pretty slick cashback and mega points deals whenever this could be a character flaw on my part but every time i hear about oldest fancy cash backer points deals i did my eyes glaze over it could be bad on my part because i'm hearing that they're actually isn't good money to be made here here is a great example there is a true earnings card from costco they're coupled up with american express apparently it's a good example of how this stuff can work for you with this card you get threepercent cash back on cash on a gas purchases at costco and us gas stations up to four grant holy moley that serious cash and think about it you know i.

costco gas stations fifty dollar threepercent
"threepercent" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:14 min | 3 years ago

"threepercent" Discussed on WNYC 93.9 FM

"In laws angels on car result thursday july the thirteenth glad to have you with us everybody as we always are the word oath today today comes to his courtesy of the director of the office of management and budget mick mulvaney is his name riding on the bed page today of the wall street journal about the trump administration's economic vision for this country if the trump administration has one overarching goal it's to make america great again but what does this mean it means we are promoting maggie nominates and that means sustained three percent economic growth not actually mr mulvaney of course but any way yelp magona onomic that's the word lots in here to unpack of course in audio annotation if you will first of all gather talk about the key to the whole thing in his bed that threepercent economic growth number as it happens venture janet yellen was on capitol hill today the second part of her testimony we told you about yesterday she was asked at w one point during the session by tennessee republican bob corker about getting the economy to grow at three percent i think it's something that would be wonderful if you can accomplish it i'd love to see it i think it's challenging he like that will be very difficult i think it would be quite challenging most recent growth rate by the by one point two percent annualized in the first quarter undeterred though mr mulvaney said this morning he's got a whole plan for how the trump administration is going to get from their to three percent tax reform is item may when business as of destined new plants and equipment they tend to hire more people who produce more lower tax rates and faster cost recovery are to levers that will reduce the cost of capital and thereby help ignite economic growth again not actually miserable vinnie that'll works fine except for this lynched doubt is a professor of law at cornell law school unfortunately raising corporate profits by cutting corporate taxes is unlikely to result in a lot of corporate reinvestment in the current environment perhaps the biggest obstacle to significant corporate investment is not the absence of money but the pressures that are driving companies to return that money to shareholders.

mick mulvaney wall street journal janet yellen capitol hill bob corker tax rates vinnie cornell law school director of the office of mana america maggie mr mulvaney yelp tennessee professor of law three percent threepercent two percent