tyb
02-4452 USAFSOC C-32B departed McGuire AFB,NJ
98-0002 USAF C-32A (secondary AF2 AC) VM767 USMC C-560 01-0015 USAF C-40B departed JBA
morning B
Fed's Kaplan says mask-wearing is key to economic growth
The key to ensuring a faster U.S. economic recovery is wearing masks to slow the spread of the coronavirus, Dallas Federal Reserve Bank President Robert Kaplan said on Friday,
“How the virus proceeds, and what the incidence is, is going to be directly related to how fast we grow,” Kaplan told Fox Business Network in an interview. “While monetary and fiscal policy have a key role to play, the primary economic policy from here is broad mask wearing and good execution of these health care protocols; if we do that well, we’ll grow faster.”
A recent surge in COVID-19 cases in several U.S. states including Texas is raising concern that a recovery that likely began in May could falter if authorities re-impose lockdowns or consumers reduce spending out of fear that getting out and about could mean they get the sometimes fatal disease.
Goldman Sachs Group Inc economists have argued that a national mask mandate would boost the chances of a faster recovery. Governors in some states have imposed local mandates, though in some hotspots like Florida mask-wearing is voluntary.
Kaplan, who spent part of his career as a Goldman Sachs banker, reiterated his view that the U.S. economy will likely shrink by 4.5% to 5% in 2020, even after what he expects to be growth during the third and fourth quarters. And he said he was not surprised by the unexpected decline last month in U.S. producer prices, given high unemployment and unused productive capacity.
“I would expect we are going to have disinflation for some period of time until we get rid of this excess capacity,” Kaplan said.
“The message I’d have today about the economy (is that) while monetary policy and fiscal policy are very important, they are not as important right now in us doing a good job of flattening this curve on the virus, and if we do that, we’ll grow faster.”
https://www.reuters.com/article/us-usa-fed-kaplan/feds-kaplan-says-mask-wearing-is-key-to-economic-growth-idUSKBN24B1PZ
will be hot later-think we get mid-90's in a few days
he is the one who watermarks memes-did the ebake last night. Used to use the pepe cauldron
mostly ok and not as bad as most say-he stepped up when others did not last night so ok in my book.
09-0015 USAF C-32A (this AC is one of three that follow POTUS around on trips) sw and R1778 US Army G5 ne departing JBA
as with anything in here if you let it get to you (like some do) you're gonna have a bad time-have used a few of those memes so I'm good with it.
82-8000 USAF VIP 747 south out of JBA
silver took a huge amount of volume yesterday and it didn't drop as much as it has in the past.
usually that amount was good for about a $1 or moar.
82-8000 USAF VIP 747 still south and quite fast-a little over 500/kts
98-0002 USAF C-32A (secondary AF2 AC) begins descent to Miami area-most likely Int'l
02-4452 USAFSOC C-32B and 09-0015 USAF C-32A also not hanging around at just under 500 kts
the download speed from the server indicate a thumb drive used
agree.
SR was just trying to help bernie, and as someone already mentioned, a bit naive and that was his way of doing it.
Had no idea at the start-but then….
98-0002 USAF C-32A landed at Miami Int'l
82-8000 USAF VIP 747 has dropped from scope