Page 9 - Stimulus Programs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The job market is improving, that doesn't mean it is healed. if you actually look at the share of the labor force who have been unemployed for at least half a year so the long-term unemployment rate. that's 2.6%. that's double the rate that it's been in the past when congress has allowed extended unemployment insurance to expire. so basically going on those kinds of observations, you would want to extend unemployment insurance a bit longer. >> all right. the other topic i want to hit with you quickly is we understand kentucky senator rand paul is in detroit now. he's going to be there because ...

True, is you end up with one party. >> what is your view, eric, as you look across it the trends? >> i think the difference here is -- and i agree with both you guys. everything is cyclical. and dana as well. i don't think there's anyone that's been as aggressive in their ideology as president obama and the obama administration. the guy is the guy who first said we're going to fundamentally transform america and has done everything since then. think about the stimulus programs, the green energy, obama care. everything has been take from the wealthy and give to the poor. income redistribution. ...

Reducing its stimulus programs when it wraps up its meeting today amid concerns about the economy and budget fight in washington. speaking of the fed, senator rand paul has told majority leader harry reid he plans to hold up january he yellen's nomination to be fed chairman. he wants the senate to consider a bill to increase the transparency of the fed. and we could be facing a wine shortage in the coming years. morgan stanley cites decreasing production and demand stays pretty constant. >> terrible. thanks so much. holiday a-listers are lining up to give mitch mcconnell a heave-ho. [ female...

As i understand it, the jobless rate would actually be about 10%? is that about right? >> well, if you count those who are part-time who would rather be full-time, it's closer to 14%. >> really. >> yes. >> so the unemployed and the underemployed is almost 22 million americans. >> yes. >> and the president never talks about that. >> well, no. i mean, and understandably, why would he? >> is he responsible for that? >> well, i mean, he could blame president bush as he has all four years, but i don't think that his stimulus programs, which he will point to as creating jobs and that we have had job...

Part-time work and less flexible in the workplace. obamacare, we talk abbottabad negotiating the specific benefits for women. what about the cost to their pocketbook at home. to the economy at large. and the freedom. none of this is discussed in terms of how this hurts women and their families. >> david: john, again, the best the president has offered, to help the people are the government programs. the stimulus programs. most of the stimulus programs some were tax deductions, but most of it was spending. taking money directly out of the private sector, because that's where the government mone...