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Interest rate policy from the fed so far. what has it got us? i think it's time for the fed to raise rates. the big issue, where are we going to get the growth? why are we stuck in the 2% growth path? it's the weakest recovery from the great depression and one of the reasons that the americans are economically anxious. the other thing they're worried about where's the pay raises? we got a tick up in wages in the last report, but you know it's been ten years. ten years since the average american worker got a pay raise that kept pace with inflation. that's the kind of the cancer of the economy a...

Decided, one can start working on the esm program for the finance ministers will deal with the issue of how one can bridge the financing until the program kicks into place, you know that the ecb is expecting repayment of 3 billion. so the euro group has to deal with this. all in all the advantages outweigh the disadvantages. the agreements will then hopefully be met. so there is a broad away of supports which if they are implemented, i think offer up a possibility for greece to return to the growth path. but it is going to take a long time and it's going to be an arduous arduous road that we s...

And that growth path is matched by increase in the job market -- >> that's where the rubber begins to meet the road. >> so a stronger growth leads to more employment. the unemployment rate is beginning to come down. the job market rate is going to have to get even tighter if we want the benefits of this growth to be more broadly distributed. >> and we got to deal with wages. >> exactly. it's showing up in gdp, showing up in the stock market, still not quite there in the paychecks. >> not there in the wages. president obama said that america's going through a resurgence. listen. >> the six year...

Collaborative platform for early stage equity investing and he is a founder of new york angels, he's also the author of the new book "angel investing: the gust guide to making money and having fun investing in start-ups." what more could you want, making money and having fun at the same time. >> that's the goal. >> you've been doing this for a long thyme. you've seen so many pitches and there's something about the successful ones that pique your interest that a lot of other ones don't have. so let's get to your tips. know everything about your business. isn't this a given? you say a lot of peo...

Mind is that when the economy goes down, as far as it went down in the great recession, you expect and want much more economic growth to get back on the growth path where you were before the economy went down. and so, we have a very long way to go to get back on that growth path. so, you know, the bottom line, fredricka, is the news is very good, but we need much, much, much more good news to feel that we're -- that we're back on the right track. >> all right, mr. secretary, and professor robert reich, thank you so much. i know the students at u.c. berkley are so grateful and feel so lucky to ...