Money and Computing
Julia Sneden Wrote: Love Your Library
Julia Sneden Wrote: My mind’s eye can still see the face of the Children’s Librarian, although I have long since forgotten her name. We will be wise to continue to back up our knowledge of history and literature and art and science with hard copy. She kept up with my reading level, suggesting writers and books that she thought I might enjoy, feeding my curiosity and interests. I believe that curiosity is genetically programmed into every child. The first way a child explores the world is through direct, sensory experience. Later on, the mastery of spoken language (oh, those questions!) provides information, but ultimately, it is learning how to read that opens a child’s mind to the endless possibilities of a world of literature and science and history and human thought." more »
Federal Trade Commission to Hold Hearing on Proposed Impersonation Rule; The Informal Hearing Will Be Held Virtually and Livestreamed on ftc.gov.
The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023. In a Federal Register Notice, the FTC notes that during the recent public comment period regarding the Notice of Proposed Rulemaking, an informal hearing was requested by a commenter. Any member of the public wishing to speak at the informal hearing must request to speak by April 14, 2023. Requests can be made in response to the Federal Register Notice.
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The White House, President Joe Biden: Executive Order on Reducing Gun Violence and Making Our Communities Safer
"The Attorney General; Secretary of Education; the Secretary of Homeland Security; the Director of the Office of Management and Budget; and the heads of other agencies, as appropriate, shall develop a proposal for the President, the Secretary of Health and Human Services, including through the Surgeon General of the United States; the Sit it no later than September 15, 2023, on how the Federal Government can better support the recovery, mental health, and other needs of survivors of gun violence, families of victims and survivors of gun violence, first responders to incidents of gun violence, and communities affected by gun violence." more »
Jerome Powell's Semiannual Monetary Policy Report; Strong Wage Growth; Inflation, Labor Market, Unemployment, Job Gains, 2 Percent Inflation
"...There is little sign of disinflation thus far in the category of core services excluding housing, which accounts for more than half of core consumer expenditures. To restore price stability, we will need to see lower inflation in this sector, and there will very likely be some softening in labor market conditions. Although nominal wage gains have slowed somewhat in recent months, they remain above what is consistent with 2 percent inflation and current trends in productivity. Strong wage growth is good for workers but only if it is not eroded by inflation...Despite the slowdown in growth, the labor market remains extremely tight. The unemployment rate was 3.4 percent in January, its lowest level since 1969. Job gains remained very strong in January, while the supply of labor has continued to lag." more »