Page 14 - Tech Boom News Today

Behind in a sense. it really is because you look at the tech boom, of course, out in california and, of course, the energy boom in the midwest, in the southeast, some of these manufacturing jobs are coming back. the northeast has got to get their game going, man. >> well, the problem is those that cant afford to move around like that. i think thats why steves chart indicates why the presidents emphasis is where it is. talking about the middle class and the poor who cant run the north dakota or t...

But that was driven by the bubbles. i dont want to put words in joes mouth. i dont know if thats what stiglitz had in mind but i tlinks a story there. >> its been sort of a weird continue yags and discontinuity with those trends which is we have inequalities there, record profits. we dont have any replacing asset bubble, right? theres nothing like the tech boom and theres nothing like housing and so this is now kind of what -- increasingly this is what recovery or the normal is in the absence of...

Economic policies that led to the greatest expansion in a century. >> during the clinton era we had a technology boom. we had a balanced budget. we had a very accommodated i have fed easing rates. right now we have no new tech boom and balanced budget and fed cant cut rates so the situation is not comparable. >> bret: time to get ready for clinton endorsing president obama on wednesday. quick look at the two presidencies. president clinton average jobless rate 5.2%. you see 9% for president obam...

Economic policies that led to the greatest expansion in a century. >> during the clinton era we had a technology boom. we had a balanced budget. we had a very accommodated i have fed easing rates. right now we have no new tech boom and balanced budget and fed cant cut rates so the situation is not comparable. >> bret: time to get ready for clinton endorsing president obama on wednesday. quick look at the two presidencies. president clinton average jobless rate 5.2%. you see 9% for president obam...

Economic policies that led to the greatest expansion in a century. >> during the clinton era we had a technology boom. we had a balanced budget. we had a very accommodated i have fed easing rates. right now we have no new tech boom and balanced budget and fed cant cut rates so the situation is not comparable. >> bret: time to get ready for clinton endorsing president obama on wednesday. quick look at the two presidencies. president clinton average jobless rate 5.2%. you see 9% for president obam...

Clinton. >> bill clinton will describe the economic policy that led to the greatest economic expansion in a century. >> in the clinton era we had a technology boom, balanced budget, a very accommodative fed easing rates. right now we have no new tech boom. we do not have a balanced budget. and the fed cant cut rates any more. the situation is not comparable. >> bret: as we get ready for president clinton to give a speech endorsing president obama on wednesday, the big keynote address, a quick lo...

"outfront" tonight, mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. written my romneys top economic advisor. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. and romney on a horse going so fast that his tie and horse tail are flying in the wind. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in...

take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every singl...

>> we arent in the 1990s. we dont have a tech in logical boom. >> we had a balanced budget, an accommodattive fed easing rates. now we have no new tech boom. we do not have a balanced budget. the fed cant cut rates more. >> nevertheless, counter to the presidents earlier warnings the white house insists the higher tax rates will do nothing to hurt economic growth. >> under president clinton, marginal rates at that level, werent in place when we saw the substantial economic growth and job creatio...

Technically, the tech boom took off around 95. but it was a little later. the reason that president clinton did that is the deficit. he did not want to raise taxe taxes. but we needed to raise taxes. what obama is doing a clear political ploy to align himself with clinton. what he is saying is completely true. its just taking on clinton rates which were not terribly high. >> this guy has been in office for a full term. the plan as i remember, obama plan was cap and trade. trillion-dollar stimulu...