12-02-2024, 02:13 PM
Uhfb Low Expectations for Obama in Copenhagen
The following is a trans stanley botella cript of an interview with Jason Furman, former chair of the White House Council of Economic Advisers, that aired Sunday, May 22, 2022, on Face the Nation. MARGARET BRENNAN: We re joined now by Jason Furman. He was chairman of the Council of Economic Advisers under former President Obama, and he joins us today from Davos, Switzerland. Welcome back to FACE THE NATION. You know, it was a rough week, really, for the markets. The Treasury Secretary kind of spooked people when she started talking about high energy prices, high food prices having a slowing effect on the economy. Ben Bernanke, the former Fed chair, also used this word stagflation. What should American consumers understand is going on JASON FURMAN: Look, I d put som stanley cup e perspective on what we re going through right now. The market is not the same as the economy. When you look at the economy, you see a 3.6% unemployment rate, you see 500,000 jobs being created a month, you see consumer spending quite strongly. So, there s a lot of good things going on there. But the market is sending a signal and it s one that we should be somewhat concerned about and pay attention to, just no time to panic. MARGARET BRENNAN: But the Treasury Secretary was also sending a signal by acknowledging that this could be weighing on consumers, which would offset the positive data points you just pointed to there. Looking at this, what are the odds of a recession FURMAN: Look, stanley uk we ve Xjod Mississippi Gov. Tate Reeves, a Republican, wins reelection, CBS News projects
President Barack Obama talks on the phone with Missouri Governor Jay Nixon, stanley cup during his visit to Dublin, Ireland, May 23, 2011. The President and Gov. Nixon discussed the deadly tornado that touched down in Joplin, Mo., Sunday night. Official White House Photo by Pete Souza President Obama was in Ireland Monday, kicking off a week-long tour through Europe, but he is monitoring the aftermath of the Missouri, tornado that killed at least 89 people Sunday. The president received multiple updates on the tornado damage throughout the course of his flight to Ireland, a White House official told reporters. He instructed his staff to keep him updated and to stay closely coordinated with state and local officials going forward. Mr. Obama call stanley cup ed Missouri Gov. Jay Nixon this morning to personally extend his condolences and to express that all of the families of Joplin affected by the severe tornadoes are in his thoughts and prayers, according to White House spokesman Nicholas Shapiro. The president assured the governor that FEMA [the Federal Emergency Manag stanley vattenflaska ement Agency] will remain in close contact and coordination with state and local officials. The president has directed FEMA Administrator Craig Fugate to travel to Missouri to ensure the state has the support it needs. In addition, in anticipation of requests for assistance, a FEMA Incident Management A
The following is a trans stanley botella cript of an interview with Jason Furman, former chair of the White House Council of Economic Advisers, that aired Sunday, May 22, 2022, on Face the Nation. MARGARET BRENNAN: We re joined now by Jason Furman. He was chairman of the Council of Economic Advisers under former President Obama, and he joins us today from Davos, Switzerland. Welcome back to FACE THE NATION. You know, it was a rough week, really, for the markets. The Treasury Secretary kind of spooked people when she started talking about high energy prices, high food prices having a slowing effect on the economy. Ben Bernanke, the former Fed chair, also used this word stagflation. What should American consumers understand is going on JASON FURMAN: Look, I d put som stanley cup e perspective on what we re going through right now. The market is not the same as the economy. When you look at the economy, you see a 3.6% unemployment rate, you see 500,000 jobs being created a month, you see consumer spending quite strongly. So, there s a lot of good things going on there. But the market is sending a signal and it s one that we should be somewhat concerned about and pay attention to, just no time to panic. MARGARET BRENNAN: But the Treasury Secretary was also sending a signal by acknowledging that this could be weighing on consumers, which would offset the positive data points you just pointed to there. Looking at this, what are the odds of a recession FURMAN: Look, stanley uk we ve Xjod Mississippi Gov. Tate Reeves, a Republican, wins reelection, CBS News projects
President Barack Obama talks on the phone with Missouri Governor Jay Nixon, stanley cup during his visit to Dublin, Ireland, May 23, 2011. The President and Gov. Nixon discussed the deadly tornado that touched down in Joplin, Mo., Sunday night. Official White House Photo by Pete Souza President Obama was in Ireland Monday, kicking off a week-long tour through Europe, but he is monitoring the aftermath of the Missouri, tornado that killed at least 89 people Sunday. The president received multiple updates on the tornado damage throughout the course of his flight to Ireland, a White House official told reporters. He instructed his staff to keep him updated and to stay closely coordinated with state and local officials going forward. Mr. Obama call stanley cup ed Missouri Gov. Jay Nixon this morning to personally extend his condolences and to express that all of the families of Joplin affected by the severe tornadoes are in his thoughts and prayers, according to White House spokesman Nicholas Shapiro. The president assured the governor that FEMA [the Federal Emergency Manag stanley vattenflaska ement Agency] will remain in close contact and coordination with state and local officials. The president has directed FEMA Administrator Craig Fugate to travel to Missouri to ensure the state has the support it needs. In addition, in anticipation of requests for assistance, a FEMA Incident Management A
