Stimul Stimulus News Today

Important, the average job gains trailing 12 months is something close to 200s,000. the average was 182,000 in 201. that is trumps economy, right in thats the one he kind of inherited here, what is disappoint being trailing three-months average, were starting to see wage gains come in a bit. that was part of this narrative. i think when ben was talking about the yield curve is really important. really it is forecasting the fact well see lower growth over the next couple years. >> which is normal...

After a very bumpy ride last week investors are looking for a better week. alison kossic looks ahead for us. >> this weeks top stories in business begins with janet yellin. yellen is scheduled to deliver the bank policy testimony on tuesday. one question is how quickly does the fed plan to wind down its stimul stimulus. big names like cisco, whole foods report. so far, dozens of companies have issued negative forecasts

Zero and launched the massive fed stimulus programs quantitative easing one, two, and three. the fedsme promised anything to ease the crisis no matter how unorthodox was key. >> they said were going to do whatever it takes. that message, the psychological impact of that message was to make the policy changes more powerful. >> reporter: by 2009 the markets recovered. "time" magazine named bernanke its person of the year. years after the worst of the financial crisis, the fed is still pumping bill...

Thats how homeowners will feel what this strength of ben bernanke seeing in the economy. also, when will the feds start pulling back on its historic stimul stimulus. ben bernanke giving a timeline for that. thats really important. when the senators start asking the fed chief questions later this morning, thats when you will see the markets start to move. carol, what is really key here, the dow is up 810 points, carol, in just three and a half weeks. that is unbelievable. open up your 401(k) stat...

Big changes for this president. if you ask anyone what is his economic program, maybe hed say jobs. but i dont think people really understand exactly what his plan is to get us out of this. and frankly were living in times that are unprecedented, and i dont think anybody knows what quite will work and i think there is a sense that the stimul stimulus, which is a horribly named plan, but all the investments that the government made through that legislation wasnt big enough, and now weve got all t...

Be catastrophic or pretty normal for a mid-term. >> candy, talked to david axelrod on your show this week, and im fascinated to know what you want to ask him about this message from the white house. you have the vice presidents office talking about this is recovery summer, stimulus is working. on the other hand, you have the president issuing a letter a week before that to senior congressional leaders saying, we cannot fail right now because were at an important crossroads and the recovery is fr...

Capitol hill. its not something they want to talk about. perhaps they will prime the pumps so more, but i dont see that as a selling point in terms of the election. what is more of a selling point, a point christiya got to, was you would have been so much worse off if we hadnt done the stimul stimulus. i also expect you wont hear much about rolling back those tax cuts. i think in the end theyll come up with some formulation which will basically be, dont worry, middle-class america will be able t...

Favor of stimulus now? >> no, look. i think the lesson weve learned over the last -- >> so we dont tax and we dont stimulate? like that bush philosophy of dont tax but dont do anything on the spending side and have big deficits going into a spending crisis which has position ld the u.s. so well? >> i guess my view is we just had this experiment in spending stimulus, the biggest spending experiment with over $800 billion spent which we all know was a failure. it didnt create jobs. >> thats comple...