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If congress does not act, it will mean that some 2 million people and their families will really be at a loss as to how to survive economically. >> if an unemployment extension is not included in the fiscal cliff deal, 2.1 million americans will face an immediate loss in federal unemployment insurance. it will result in a cut of $284 a week for the average beneficiary. and that's a lot of dough for the average american. it's important to keep in mind the unemployment cliff is really a cliff, urban a slope. tax increases and other spending cuts will fall into place over time. but not with unemp...

♪ because i'm not planning on going solo. >> okay, guys, i'm ready. >> bill: is there actually any news? here is huddy by the way. does news happen on those shows at all. >> no. >> bill: who won the ratings. >> sarah palin won the ratings. i don't think that was a big surprise. katie couric is not the biggest ratings grabber. couric coming back and making a big splash to the morning television wasn't that big of deal. >> bill: good morning is closing in on "the today show." >> today show killed it had almost 5.5 million viewers. up 10% than they normally do with ms. palin. katie had about --...

Government reports 5,000 fewer people filed for unemployment benefits last week. that brings it 359,000, the lowest since april of 2008. government also reports that economy grew at a rate of 3% in the final months of 2011. analysts say that probably slowed down by now but good jobs numbers could bring another big boost. fox business network's geri willis is us. what do you make of the numbers. it seems like all good? >> good news. four-week moving average that smooths out the bumps, those are down, 356,000, lowest of may 2008. stock market, you thought they would be happy. there was a sell-of...

Economists were expecting about 356,000. we want to bring in charlie. >> everything is great. the economy is clearly getting better. i thought this would happen a year ago. everyone was predicting this to happen in the beginning of 2011. it didn't. there is lots of reasons why we can talk about why it didn't. this had to happen. you have to ask why did it happen? we've had unprecedented monetary stimulus, no doubt about that. the fed had interest rates at zero now for four years. they actually printed money, something known as qe 1 and 2. we print money into the economy. >> steve: that's propp...

Have the boots on the background and the money and the two parties have fought it. what we believe is right now it is the parties against the people. that we have these primaries that are throwing up candidates that neither ... that are not popular. so you have president obama with 46 percent disapproval rating. you have mitt romney would has 49 percent disapproval. >>neil: who is to say whoever you have on your ticket will have a higher unknown. >>guest: well, what we are saying is right now there are 356,000 delegates. to become a delegate you go online, you prove you are a voter and you bec...