Page 5 - Stimulus Programs News Today

The job market is improving, that doesnt mean it is healed. if you actually look at the share of the labor force who have been unemployed for at least half a year so the long-term unemployment rate. thats 2.6%. thats double the rate that its been in the past when congress has allowed extended unemployment insurance to expire. so basically going on those kinds of observations, you would want to extend unemployment insurance a bit longer. >> all right. the other topic i want to hit with you quickl...

True, is you end up with one party. >> what is your view, eric, as you look across it the trends? >> i think the difference here is -- and i agree with both you guys. everything is cyclical. and dana as well. i dont think theres anyone thats been as aggressive in their ideology as president obama and the obama administration. the guy is the guy who first said were going to fundamentally transform america and has done everything since then. think about the stimulus programs, the green energy, oba...

Reducing its stimulus programs when it wraps up its meeting today amid concerns about the economy and budget fight in washington. speaking of the fed, senator rand paul has told majority leader harry reid he plans to hold up january he yellens nomination to be fed chairman. he wants the senate to consider a bill to increase the transparency of the fed. and we could be facing a wine shortage in the coming years. morgan stanley cites decreasing production and demand stays pretty constant. >> terri...

As i understand it, the jobless rate would actually be about 10%? is that about right? >> well, if you count those who are part-time who would rather be full-time, its closer to 14%. >> really. >> yes. >> so the unemployed and the underemployed is almost 22 million americans. >> yes. >> and the president never talks about that. >> well, no. i mean, and understandably, why would he? >> is he responsible for that? >> well, i mean, he could blame president bush as he has all four years, but i dont ...

Part-time work and less flexible in the workplace. obamacare, we talk abbottabad negotiating the specific benefits for women. what about the cost to their pocketbook at home. to the economy at large. and the freedom. none of this is discussed in terms of how this hurts women and their families. >> david: john, again, the best the president has offered, to help the people are the government programs. the stimulus programs. most of the stimulus programs some were tax deductions, but most of it was...

Years. embattled syrian president bashar ashaud opened an instagram account. the photos show him working at his desk meeting women and children and looking like a great by. and o.j. simpson was granted parole on some of the charges from his 2008 kidnapping and armed robbery convictions. simpson will stay in prison for as long as four more years on other charges. a parole hearing on those charges wont come until next spring. now the first look at business. good morning. >> good morning. futures...

For that roll. brennan played mrs. peacock in the movie version of include. eileen brennan was 80 years old. president obama unveiling what he calls a grand bargain for the economy. republicans say the plan is nothing but a compromise. >> good morning. the president announcing the new grand bargain deal in tennessee during his summertime nationwide economy tour. his offer to slash the corporate tax rate from 35 percent down to 28 percent and even 25 for manufacturers. if republicans agree to fin...

The number one reason, their boss sucks. let me just say, if you feel that way and you want to be gainfully employed, dont say that out loud. now for your first look at business, we turn to courtney reagan, who does not think her boss sucks. >> no, hes the greatest ever. well, mortgage rates keep rising. the average hit 4.15, a two-year high. although, its still low by historical standards. rates have risen in tandem with bond yields on expectations the fed will pull back on stimulus programs. a...

They have come to meet the challenge anyway. >> no doubt. everybody talked about the jury, white, black, turns out it is only one black woman on the jury. but the fact that it is all women sort of trumped the gender thing trumped the race thing. >> fact it is six people. so used to a jury of 12. its going to be interesting all around. >> no doubt about it. >> lets talk about the asian stock markets that are down overnight as investors remain worried itch the fed will reduce stimulus programs. th...

They have come to meet the challenge anyway. >> no doubt. everybody talked about the jury, white, black, turns out it is only one black woman on the jury. but the fact that it is all women sort of trumped the gender thing trumped the race thing. >> fact it is six people. so used to a jury of 12. its going to be interesting all around. >> no doubt about it. >> lets talk about the asian stock markets that are down overnight as investors remain worried itch the fed will reduce stimulus programs. th...