Dark Cloud Over Long Term News Today

A long term trend thats disturbing? i would say the big disturbing trend is that this decline in the labor force wasnt just this month. its been happening now for four or five years. if we had had the same labor force participation rate and the same kind of job creation over the last four years we normally have during a recovery, we would have about 4 million more jobs. that means every unemployed person in pennsylvania, ohio, indiana, and illinois would have a job today. so i still think the la...

Sluggish as it was during the campaign and may still be. so before the election, i pledged i would wear a dress if 12 million jobs were created over the next four years, just for a week by the way, under any president and whether or not i plan to honor that pledge, im constantly reminded of it. as crazy as it sounds, i would like to lose my bet, not because i want to wear a dress, much, but i do want a lot of jobs to be created. you heard me say that presidents get all together too much credit a...

Many now think that gdp grew 3%. i dont think either of us believe that. the stock market has been on fire. housing is rebounding in the united states. theres real money to be made. real wealth to be built. but there are challenges, richard. 88,000 jobs were added. we just found that out in march. thats not enough. europe, where you are, deep recession. asia has been slowing down. political dysfunction in washington remains a dark cloud over long-term growth. richard -- >> youre going to get on ...