Transcripts For CSPAN Washington Journal 20130706 : vimarsan

CSPAN Washington Journal July 6, 2013

Also, on twitter, we are using at cspanwj. Ouracebook, we posted question already. You can also email us. We can get to your phone calls in just a moment. The news report yesterday, the jobs numbers from the labor department, the first friday of every month am a we are halfway through the year and the numbers are staying the same in terms of the unemployment figure. But the number of jobs made are taking up. News reporting throughout the country and on various websites and newspapers around the country. The headlines so the latest reading of an Economic Indicator was a positive surprise. So over the last three months, we are averaging about 200,000 jobs created per month, a revision from the labor department. As we mentioned, we posted a question this morning on facebook and we will get to that in a moment dream here is the headlines for saturday. Wall street journal they have a couple of stories, one looking at what the fed reaction might be good lets read part of the main story here. They say that the u. S. Job the idea that up it will grow without help from the Federal Reserve. Now to the story on the other side of the page about the possible fed reaction. The sub headline on that is report keeps fed on track to ease the bond buying. Some of the reporting this morning, we would like to know did those numbers make you more or less confident about the economy . Again, the numbers here is the question we posted this morning on facebook and a couple of the responses so far. We are actually doing it as a pole. So that is facebook. Com cspan if you would like to post your comments. Other news this morning, news from overseas that mr. Snowden in russia has been offered asylum by venezuela. Here is the report this morning from the New York Times. He was also offered asylum by nicaragua as well. And the wall street journal also reports on how that plays in Economic Zone of hong kong. That is this morning from the wall street journal. Our underlying question for this morning is about the economy, whether the job numbers make you more or less confident in the economy. We will get to your phone calls in just a little bit here and more from the model the wall street journal and the labor report. The monthly payrolls had been rising for some time. What is different now is that the strong numbers are actually accompanied by far fewer headwinds than in previous years. We will also check a couple of tweets as we are able this morning. cspanwj. Eet us a they write in the morning edition. Lets go to our question this morning about the economy and the jobs number. First of from chicago. Do these numbers make you more confident . Aller i feel more hopeful host are you currently working . Caller yes. Host what is the area like in terms of the economy . People there are not educated to take them all. But there are jobs out there. so there is not enough education out there . Caller not enough people are taking the education that they need. So, yes. Host thank you. Lets go to homestead falls, ohio, angela on our independence line. I am less confident because these are minimum wage, deadend jobs. That seems to be all we are getting. Host are you currently working . Caller i am. Where exactly is homestead falls . , its [ohio indiscernible] it is minimum wage. I have no confidence in the economy. 80 in mill buried, massachusetts. The republican line. You say you are less confident. Caller yes, it is terrible. We have the highest Corporate Tax now in the world. Chinas medical expenses are less than half of hours. Just think when obamacare kicks in. I dont know why they call it the Affordable Care. It has gone up 3000 already in the last three years. What happens on january 1 is a disaster. Sorry. Host are you working now . Caller no, i am retired now. Inflation being a problem . Caller yes. You can see it going up. I can see bread now costing five dollars a loaf. That is her in this. Host the boston globe this morning has a article about the cost of college. Tony is in las vegas. You are less confident about the economy. Why is that . Caller i lost my job in 2008 and that is why i think obama is a lousy nigger. Appreciate you to keep the conversation civil. We will go to huntington am a West Virginia. More confident in the economy. Why is that . Caller the jobs are not what they need to be and i am a union member to the previous color mentioned the issue of wages. The decrease in Union Membership is part of the reason why that we are seeing a hammering of wages going down. But i am more confident because at least we are in positive territory and we have been for some 40 odd months consecutively now come i believe. Host what is the biggest work you are doing their . When you are typically employed, what are you doing . Caller i do commercial plumbing work. Houses,so work in power chemical lance, many in the chemical plants, many industrial settings. Host are there many big projects in West Virginia . Aller not now most of the work is on the books for next year. Its kind of a slow year. Northern shale in the part of the state is a big bill. Big boom. here is where we stand so far. To silver lake, indiana, we go to james. You say you are both, 50 50 on whether things will improve. Caller yes musser, i do, but its on the downgrade. Im not sure it is going to improve a bit. There are certain elements in our government that dont want it to improve any. Host what about your personal situation . Caller i am retired, sir. Host is it difficult for you . , it is pretty good. But i see the prices going up and up on everything. Energy prices are going through the roof this year. Global warming, which i think is not proven fact. I think it is all in the money aspect of what taxation can do. To dearborn, michigan on the democrats line, the same kind of thing. You are mixed on whether you are confident in the economy. Caller im slightly optimistic about the economy, especially the gold prices being the lowest in a couple of years. It is a cyclical cycle. , theially in Michigan House prices here are quite lower than 2008 and they have started to pickup now. Michigan is a big manufacturing state ca. So it is optimistic to see a report such as this. Host again, we are asking you about your confidence in the job numbers. 195 thousand jobs in june, but they improved the numbers for may and april as well. They made those numbers go a little higher based on further data. The Unemployment Rate stayed at 7. 6 halfway through the year. An editorial from the wall street journal. It caller mentioned parttime jobs or lowwage jobs. To hillsboro, New Hampshire on the independent line. Dave, it says that you are less confident in the economy. Many employers around here hire extra people in the summertime. Evenhis summer, they have added more jobs, but they are parttime jobs because they have already let somebody workers work less than 30 hours a week. For the people working there jobs, they hired a f parttime. Nothing has really changed here. Host and you say parttime, what is the predominant type of parttime work there . Mostly restaurants, amusement parks and rides, you know, boating. Host so more Seasonal Work for the summer. Caller yeah, Seasonal Work. Insuffer in the winter, but the summer, we do get a lot more people more people got jobs due to the fact that they had to cut down the fulltime workers. , on their regular jobs, like construction or whatever. You get only 20 hours a week. So they had to add on some part time jobs that would make the numbers look a little bit under. But really, they are not better. They are less. Jeanne, welcome to the conversation. I want to bring to the fore the fact that 4 of the working force is always unemployed. I have read that. I have the statistic somewhere here in my folder. So when you say 7 , i think seven minus four is 3 . As far as Getting Better or worse, its like the weather. It takes a long time for things to change. They change maybe not even within the 7080 years of a humans life. They changed three or four times during my 60your life. It doesnt mean that 30 years is the appropriate amount of time to judge things. I have been fairly lucky. I was born poor and i became an electronic engineer. I made enough money, save my stuff, used some self discipline, and i think that is what is hurting people now. Thank you. Host lets check twitter. To our democrats line. Wallingford, connecticut, you are more confident about the economy. Why is that . Caller jobs are starting to pick appearing connecticut. The houses are starting to sell again. People are getting mortgages. The houses that were foreclosed on are starting to be bought, starting with the one next door to me here in it was to me. It was sold the spring. It was empty for over two years. People are a lot more confident here in there are people going on vacations and stuff that they were not doing the last couple of years. I think people feel better about it. I think the stock market is definitely on a rise in unemployment is going down. Yes, it is too slow, but it is. Oing down ver in no other recession have we experienced anything compared with the recession that we had these last four years. Im hoping these jobs will and, as i say,p car sales, a lot of indications that things are feeling better. Host where is wallingford and what is the biggest implement their . Am just out of new haven, north of yearly university. North of Yale University we have things here like ari whitney, sikorskys emma which , aa big employer, eb sub letter defense work here. This is where you get the people with the ability the machine we, a lot of old time also have the guns. There is a lot of defense work here in connecticut. Host talking about some of the defense manufacturers in connecticut, a story this ning nine the house and senate will be back on monday for the lead just let it work. So of callstes or on what you think about or what is your confidence on the economy after the job numbers . The numbers nine two reading, california, phil. Caller good morning. This is my first time on your show. I think what a lot of people have failed to see is what we need is a stronghold in our core values of what amerco was work of what america was, worked. Especially what happened in california was gerrymandering and the dividing up of the parties and making it so only one party could win in a certain district. Big problem is a with the gridlock we have now throughout the country. And letuld just free up , because vote freely sometimes we call ourselves a democrat or a republican. That is veryarea republican and i have a lot of republican values. But also, we have a lot of democratic values. And its too bad that we have divided ourselves and half in half. We all need to know that its about jobs. Its about having home values. Its about having an it having an ability to live a good life. Host what is the biggest employer out in reding and art a in redding and do they have big employer . Caller it is healthcare and transportation. We have railroads going through here. And we also have good health that is affordable to take care of our aging parents. That is a big problem across the nation actually. That should be addressed i. Host thank you. We will talk about the fire season, but this is on bloomberg businessweek. I will flip the page and read just a bit from that. Are you more or less confident about the economy based on the job numbers from yesterday and broadly from other stories . Decatur, illinois, john, go ahead. I believe all these numbers are manipulated by our federal agencies. Everywhere i go in Central Illinois, there may be one cashier in a store or the form store near my house has 10 cat just hers and they have only 10 cash registers and they ave two people working to host two people working. Host how many would they normally have . Half ofthey would have them open and have people available to help you find things or to do a tire change. I do not see an improvement in the last eight years, not even counting since the 2008 ordeal. Host do you think the companies are doing that just as a matter to tighten their belts and make it through the economy . More of athink it is thing on the part of these corporations that they are making more money than ever while the federal government manipulates these job numbers to make it look like things are improving. Half of the factories in this little town in Central Illinois have closed in the last 10 years. Host what kind . Caller we had a firestone plant, to foundries, a machinist that made parts for all kinds of if and things. Our caterpillar plant has gone from 45 buildings to one building. From four or five buildings to one building. My friends are working two weeks on and two weeks off. Theirre looking at losing jobs, too. Especially here in Central Illinois, nothing has improved. Host lets hear from another john in sals bury, north carolina. Johns on our democrats line. You said youre more confident about the economy. Why is that, john . Caller how you doing this morning . Host fine, thanks. Caller well, i just wanted to say, theres reason to be more confident about the economy, nd where we are and how. We should be confident. Host john, appreciate your call. Make sure you mute your Television Set when you call in. Lets check a couple of tweets. This one is from arnold, who says the tax relief for those that hire americans, monopolies kill jobs and lower wages. Also from still an individual, the politicians, big government, a. K. A. , 1984 socialist are winning, and the individuals are being screwed. From clarksville, indiana, mike is on our independent line. Mike, what do you think of the economy . Are you more or less confident . Aller im less confident. Host why is that . Caller well, theres a little store. Is it ok to say the name . Up here at mars, weve got friends that work here, and for that obamacare, they can cut everybody to about 30 hours. Serve going to be working parttime. Host how about your own situation . Are you working fulltime or parttime . Caller no, im retired. Host appreciate you calling in. Alan next up, new hyde park, new york, democrats line. Caller im a little more confident. As in most things, it will take a few years to judge, but the stock market is up significantly. People have a lot invested in their 401ks. Its really not mentioned enough. The job market is up. Indeed, it should be better, and the Housing Market is up, so theres really no choice but to be a little confident. A new york city story on the front page of the New York Times this morning, the mayors race in new york, and a picture of Anthony Wiener on the subway, the former congressman. The headline, candidates surprising freed scandal, just a bit from that article. They write that written off by election experts and should notted by political establishment, mr. Wiener has once again upended popular conception about him, vaulting to the front of the race for mayor host linda on our republican line, less confident about the economy. Go ahead. Caller good morning. Im less confident because we standing. Ment still its still reaching into the pockets of american citizens. The legislators seem to be , gislating for corporations and so the interest of government, not for the people. He numbers that come out are tabulated, i personally participated in Small Business, and i must have seen home surveys of unemployment, and i guess most Unemployed People dont live at home, according to the government, because the home survey said the Unemployment Rate was 23 . Host did i hear you right that you said you ran a Small Business . Caller yes. Host and what type of business is it, and how many people would you employ . Caller its retail, and its less than five. Host is it affected by seasonality there in florida with the tourist season . Caller no, because its in the ag business. Host thanks for calling in. Lets check facebook. We posted the question this morning, more or less confident about the economy, heres whether we stand so far. So far, 23 saying theyre more confident about the economy, 20 less confident. Caroline says when a company has 50 employees and cuts them all to parttime, they now have 100 employees. Add that to those who fell off unemployment and poof, thats how they get their numbers. In ohio, shes less confident about the economy. Shes on our democrats line. Caller yes, good morning. Host good morning. Caller yes, i am i get very upset when i see the jobs report stat stex, because they dont think about people that are unemployed who got off of the unemployment role, not because they got a job, but because the benefits ran out. Those statistics are not really reliable, because you have hundreds of thousands of people that are unemployed that just arent getting benefits anymore. My husband was one of those who got laid off five years ago, and he was older worker, and theres so many Older Workers who cannot find a job now because people dont want to retrain them or give them a job that they were in because of all the younger people coming in to work in the economy. Host what kind of field was he in . Caller computer repair. Host hes been out of work since 2007 . Caller five years, yes. He worked for a Younger Company , and they just did not have when the economy went down, all these small Companies Just went out of business. Its just horrible. My home has been foreclosed on because he cant find any work. He works as a handyman. He doesnt even live up here anymore. He lives in another state because thats the only place that he can get work. Host can i ask how old your husband is. Caller yes, he will be 57 on his birthday. Host a bit too young to file for Social Security benefits and things like that. Caller right, right, yes. Host thanks for the call. To keith in leonardtown, maryland, who is less confident about the economy. Hi, keith. Caller i agree with the sentiment of many callers who say the administration and all the politicians can make the numbers dance around. My reason for pessimism is rooted in obamacare and the cost that Small Business specially is going to incure beca

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