News & Perspectives
Summary: The global economy seems not as bad as rhetoric suggests while historically high risk factors remain unaddressed. Low global growth expectations and high debt narrows the range for policy maneuvering. There is an urgent policy need for sustainable expansion models as systemic inability to temper the boom-bust cycle and reduce the impact risks of debt fueled growth remains inadequately addressed. Their remains a need to complete financial reforms judiciously while insuring long term stability. Structural reforms are required. The market needs policies we will not regret in the future. Debt load and uncertainty continues to impact growth potentials by restraining investment. Fiscal policy also remains an essential focus as the relationship between banks and public finances creates an adverse feedback loop. A strong focus on building sufficient buffers in financial boom cycles enables space to repair balance sheets and stimulate demand if/when crisis occurs (countercyclical stance may help contain excessive growth in credit and asset prices). Policy critical to crisis prevention may come from removing tax provisions that unduly incentivize debt over equity; whereas current policies can lead to over-leveraging and increased fragility in market systems, which increases bust cycle risks; which are difficult to recover from. Banks are stronger but insurance and mutual fund regulation/supervision needs to be addressed as well.
JULY 21, 2015: Governor John Kasich Presidential Campaign Announcement Governor John Kasich (R-OH) announced that he would seek the 2016 Republican presidential nomination. Speaking at his alma mater, The Ohio State University in Columbus, he noted that he had the skills and experience in serving the public needed for the job.
We in the Intelligence Community are committed every day to provide the nuanced, multidisciplinary intelligence that policymakers, warfighters, and domestic law enforcement personnel need to protect American lives and America’s interests anywhere in the world. The order of the topics presented in this statement does not necessarily indicate the relative importance or magnitude of the threat in the view of the Intelligence Community. Information available as of February 3, 2016 was used in the preparation of this assessment.