Page 45 - Double Dip News Today

Seeing net job creation. in the private sector. >> so, are you not worried about a double-dip recession? >> i dont -- if you look, if you listen carefully to the major forkers, savannah, what theyre saying is that the numbers that have come in over the last couple of months have been below what would have been expected. but after a long run, when the numbers were consistently surprising on the high side, you know, it is the nature of these things that sometimes surprises on the high side and low...

Herculean appetite. is it more real? >> its never been like that because we didnt go through a recession like 2008 and 2009. the numbers examine coming out suggest now that americans may be approaching that double dip that everyones afraid of. we dont see jobs being developed in the private sector, the only new jobs coming out are coming from washington. neil, im going to launch something on your show. if you really want to hold these people accountable, what bothers people the most about the st...

Sentence the judge handed her for violating her probation. opening bell on wall street, eight seconds away, countdown with us, the sound of money and the fed chair ben bernanke will testify today before senate banking committee. listen to his words closely. he is expected to say the economy is growing slowly but not expected to fall back into a recession, a so-called double-dip. lets hope not. martha: you know its hot outside but the presidents approval numbers continue to cool off. weve got b...

Things, im just a policy guy and not a political expert, but number two, the president has said all along that he would like to extend the tax cuts for those making less than $250,000 a year and that we should let the tax cuts expire for those making more than that. and for the people saying well, why dont we extend the tax cuts for very, very high income people, all of the economic data suggests that thats not stimulus, that trickle down doesnt work when youre trying to restart the economy and ...

Worrysome thing. >> and what about retail sales? you know, dropping for the second straight month in june. it does have a lot of people asking, where is the recovery? >> where is the recovery? the catalyst to consumer spending, as you very well know, are jobs. something that is eluding us. its the missing piece of the economic puzzle. so retail sales down yet again for the second consecutive month which shows us that the recovery is sort of slipping into a lower gear. it raises concerns about a ...

Arizona. much is what in arizonas law we have passed in virginia. i think all were asking for is enforcement of the rule of law. its unprecedented, the lawsuit the federal government filed to go after arizona. we needed federal government to do its job and enforce border security then talk about reasonable immigration reforms in the country. >> neil: governor, i dont know -- looking at the big board, youve been busy with activities but wall street is down 261 points. growing fears of a double di...

Going on with the mortgage market where we were building 2 million homes a year. now were building 500,000 and what warren pointed out was, look, well get back to 1.2 but right now were soaking a bunch of inventory so a lot of the challenge is to work our way through this recession, try to accelerate not only profits because companies now are making money primarily because they cut tosts and to see the opportunities out there and thats what we were trying to show with this plant. there are enorm...

Did you believe double digits and the does the economy have enough momentum to get back on its feet on its own or do we really need more government spending, more stimulus to prevent ourselves from falling back into a double dip? in some ways an academic question. the political system will not allow that right now. >> jim cramer, this reminds me of 92, 91. the economy was staggering along. you had businesses start to report earnings. good earnings. but unemployment was still low. gdp still low. ...

Because what people want now is to see their income, and paychecks coming in every week. >> absolutely. >> and their lives turning around and this morning we got jobless claims numbers, 429,000 people filed for new unemployment claims, a little bit best less than expected and everybody says, okay. not as bad as expected. however, there is an underlying question here, about whether or not we are turning this economy around in a meaningful way, and you have a recent poll that shows 70% of american...

Are very, very negative. talk is of a double dip. this is by journalists and businessmen alike. and they are apprehensive and some of them were feeling pretty confident. here we are middle of july. i think -- i hope -- everyone hopes jim is right. the fact boys are being hired on wall street doesnt tell me whats happening in middle america. >> i would agree with that. wall street example was not the right one to give. theres good news that happened. market has been doing well over the last week....