I feel real good. Here we go again. Bill good action happening now. The f. B. I. And defendant of defense have tracked more than 100 such incidents with Chinese Nationals dubbed Gate Crashers in these secure site. Authorities are sounding the alarm the Chinese Government could compel national to report back on Security Practices at military installations. Dana Mike Gallagher will join us in a minute with his thoughts on this Potential Spy Threat from beijing and more. Bill we begin with eric shawn, live in the New York City newsroom with more on this. Eric, good morning. What did you find out . Good morning. Unbelievable. It seems that chinas Infiltration Of America is reaching alarming levels say u. S. Officials including trying to send spies posing as tourists. They have been detected more than 100 times trying to access u. S. Military bases and intelligence facilities posing as tourists. The Wall Street Journal reported Chinese National resort to claiming they are visitors trying to
One number i want to highlight is wage growth. 2. 7 . I mean, its not terrible but you have to look at the environment. You have to look at the context here. In this stage in the cycle where were at near or full employment, meaning that every american who is either willing or able to get a job has one, weve seen wage growth between 3. 5 . This is a persistent problem to the administration. This speaks to how people feel. They want a raise. Overall, a very strong relatively strong report. Missing expectations, 157,000. The market isnt loving it because its below the trend weve been seeing so thats why the market isnt liking it. But 3. 9 . Its solid for two main reasons. This goes back to my point about context. One is that at this point in the cycle you would think that hiring would slow very significantly because we are at near full employment so you would think that actually you
would expect this kind of pullback. The other thing is it doesnt seem like tariff worries until this mornin
wall street caused this horrendous recession to deregulate again, to force the taxpayers to have to protect these wild speculations makes zero sense to me and that provision has got to go out, but ed, let me also tell you there are other aspects of this bill that are equally bad. should we as a nation which has so many unmet needs. kids can t afford to go to college and kids graduating, and a crumbling infrastructure and the disaster and the need to transform the, and should we spend 60% of the discretionary money in the military and in that bill is $600 billion for the military and laying the groundwork in the middle east. furthermore, we bailed out wall street and you made that point. you know what is also in this bill is a real attack on work s workers pensions and you have workers in this country who have worked decades and decades with the expectation that they ll have say decent pension and this bill lays the groundwork for
term versus long-term investment in the worker. works workers in the labor force. you are looking at in the short term these jobs are moving women into the formal economy. there are opportunities for employees and in both the u.s. and north carolina and in massachusetts where my business is operating in lawrence, massachusetts. and bangladesh or around the world. you are also looking at the long-term growth of bangladesh s economy, how do we empower because it is not easy, not an easy question but it is good for business. i think the business and opportunity for retailers and manufacturers alike to say that worker empowerment can be good for business, productivity, efficiencies, and things we can achieve when workers aren t worrying about how they are going to pay bills and taking care of health concern and when they are empowered to be efficient productive parts and building a company, building a global economy. every society goes through the same process. start with cheap labor.