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7.7%. the economy created 146,000 new jobs. kim, yes, continuing recovery but not a roaring recovery. does that help one side more than the other? >> they'll both have talking points. the president will say we're recovering, making progress like i said and therefore the economy is okay to have these tax hikes levied. republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's ast...

7.7%. the economy created 146,000 new jobs. kim, yes, continuing recovery but not a roaring recovery. does that help one side more than the other? >> they'll both have talking points. the president will say we're recovering, making progress like i said and therefore the economy is okay to have these tax hikes levied. republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's ast...

Walking on a treadmill, getting nowhere. anything bigger churning behind the scenes? >> we certainly hope so. the fact two sides do toin to talk, even if we don't necessarily hear about every detail is encouraging. it does appear republicans are getting close to the idea of raising -- sorry, of cutting taxes for middle income americans and maybe sorting out higher incomes a little later. certainly things aren't necessarily going the republicans way. i think we've seen polling this week that suggests congressional republicans would be held to account if, in fact, the country does go over the cl...

Which i wouldn't count china's income is about -- >> laura: their economy is about to surpass ours. among the economists that's not debatable right now. that's getting us off to a different topic. let's focus on job growth in the united states. the new jobs numbers came out today, 146,000 jobs added. and that's okay. but it's really, again, not indicating any pathway toward the type of job growth that would need in a robust recovery. even assuming these tax cut hikes kick in if we don't go off the cliff, the new normal seems to be get used to low growth and probably job growth that continues t...

Blame back on republicans. let's listen. >> the only obstacle standing in the way of middle income tax relief are the republicans' unwillingness to ask the top 2% to pay their fair share. this is a moment of truth. the clock is ticking. christmas is coming, the goose is getting fat, but in many homes across america it's very -- a very, very lean time. >> and today's jobs report showing 146,000 jobs added in november and unemployment dipping to 7.7% may give the president some leverage in negotiations with boehner. but while the president and speaker boehner are both negotiating for a win, what...