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Month over month and 11.1% year over year. butter is up 3.2% monthly. and 27% over the last year. coffee is up 6.5% for the month, 16% for the year. potatoes, 3.6% and 7.1% for the year. cotton prices are up 12% since february 24th. they reached a record on february 18th. gas prize are still going up. do you know last night when i met with you, i said gas prices had gone up in a week -- i dont remember now. since we met last night, gas has gone up 7 cents. that is 17 cents in a week. so what are...

They are not rebutting this at all. how are we having this conversation? i would love to know home are thinking maybe what we need is higher unemployment and slower growth. its a good thing they are working on this. yes, exactly. at the state level, it is weirder and even worse than it is at the federal level. in the final quarter of last year, in the fourth quarter of 2010, we had thought our economy was growing by 3.2%. on friday, that got revised downward. actually is turns out the economy di...

Maybe what we need is higher unemployment, lower wages and slower growth. it is a good thing republicans are working on this. yes, steve, exactly. at the state level, it is weirder and worse than the federal level. final quarter of last year, fourth quarter of 2010, we thought our economy as a country was growing by 3.2%. on friday, that got revised downward. actually, turns out the economy did not do that well. we grew by almost a half pointless than that. oh. why did it get revised downward? w...

Of those that made these assessments but are not rebutting them. maybe what we need is higher unemployment, lower wages and slower growth. it is a good thing republicans are working on this. yes, steve, exactly. at the state level, it is weirder and worse than the federal level. final quarter of last year, fourth quarter of 2010, we thought our economy as a country was growing by 3.2%. on friday, that got revised downward. actually, turns out the economy did not do that well. we grew by almost a...

A one-time rate increase if our current rates go up. ally. do you love your bank ? here are some headlines. more troubling indicators about the housing market. when a report pending home sales is released this week. analysts expect a drop anywhere from 1 1/2% to 3.2%. meanwhile, realtytrac reports that 26% of all homes sold last year were in distress.

Down to 2.8 from an initial estimate of 3.2. that lackluster gdp was due mostly to a sharp decline in government investments and less than robust consumer spending. chicago-based boeing won a $35 billion contract to build nearly 200 airborne tankers for the u.s. air force, one of the largest defense contracts ever. its expected to add tens of thousands of jobs in 40 states with a financial boost that will affect an entire generation. that is it from cnbc, first in business worldwide. back to y...

Originally in terms of a budget. jenna: your amendment that you floated was one of two democrats that passed. the amendment about amtrak probably wouldnt hold up the government shut down. the amendment like the one that is going to hit the floor we expect in moments that would defund healthcare could be that kind of hot button issue. its expected to pass the house not obviously expected to pass the senate earth presidents desk. how do you look to navigate that and find any room for compromise on...

House that was on that commission voted against the commission proposal. >> i guess, congressman, the question i want to ask you is this is going to be the third straight trillion dollar deficit proposed by this president. where is the presidential leadership about cutting the debt and the deficit? >> well, lets remember that when the president put his hands on the bible and was sworn in, he faced a $1.3 trillion deficit. under this plan, it begins to reduce the deficit. it will drop to $1.1 tri...

>> how does this impact the u.s. stock market? is there a direct cause and effect? >> no, not at all. it is getting stronger, even though the gdp for the fourth quarter was lighter than expect, growing 3.2% as reported friday morning. the interconnectedness of lets say, the middle eastern markets and the u.s. is somewhat limited. again, oil prices are the real, you know, factor that may drive u.s. stock prices up or down. i think we worry more about oil than whether or not the dubai market goes ...

Mean good news for many of the people? >> i think it does, it means better news, jamie. it means better news. annualized 3.2% increase is higher than the previous annualized. so its moving in the right direction and positive progress is obviously the key. where it has not really translated into more jobs is if you compare where we are in the recovery period, to the previous three economic cycles, were really, really trailing these three cycles. so, its like me saying to you, jamie, hey, i just l...