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-- -- little later.
A right now the wanna get back to this job to -- over the Austan Goolsbee and Paul Conway and and also wanna go to -- -- had a little bit of time out -- sort of digest that look at the nuances of the report.
What does -- tell you about where the economy is going to what changes need to be amended.
Well I think it where it mainly what it judges how the economy doing right now and as we always say every month has a lot of variability -- -- -- -- 78000 but it's plus or minus a 100000.
So you've really got I get a couple of months go one.
Before you can definitely have a we have a lot of months going and you know it's it's been pretty pretty -- -- -- every bit rare -- they get over 200000.
We've got the pop on some but you know admittedly.
In the past we've seen strengths of 700000.
What are those -- coming.
-- and not until the growth rate gets up higher so you know I think that with the fiscal drag.
That's on the economy of more than a point or you know point a quarter off the growth rate.
He got the private sector growing faster than three and a half percent a year it's hard for me to see that's gonna get up much higher.
And you've got all of the public sector side the big negative largest fiscal drag since the end of World War II with the demobilization.
So I don't see how the growth rate.
Gets that much higher.
Win -- already higher than the rest of the world so I think the job market continues to be at this at best modest improvement rate you know forget it today it's very hard for me to believe that this is the best we can do it really it's.
But actually what if you can accept the premise that this is the best in this is all that we strive for.
I think it's leaving a lot of American initiative on the table there's an important player that's in the middle of this -- Barack Obama gets 44 more months.
The American economy is going to be impacted by his policies for another 44 months.
And the question really today is how to increase the participation rate and -- create more jobs.
And the engine that drives this is small business and medium -- business and the bottom line is the president and his policies and his people need to get off their back.
And let the economy do what it does best Ronald Reagan understood this John F.
Kennedy understood it and Bill Clinton understood it.
How many more months will it take for this president to get it you have people on his own party saying back off.
And with all due respect Austin these policies are in place the White House is distracted by scandal.
If his policies stay on auto pilot for the economy you'll never see the -- that you need to put people back to work -- the photo right there -- but that does bring us who our next story President Obama.
It's far away from the scandals in Washington affecting its fundraising with celebrities in California.
And -- obamacare before he meets with China's president later on tonight also then.
These scandals that can help think how they keep piling up do they have any sort of an impact on -- president's economic agenda.
They probably do you know -- with -- more time that everybody spends talking about those the last time that they're spending on you know what could we do to get job creation going this year I mean I totally disagree with the view.
That the main thing slowing down growth in the US's policy.
-- as I said look around the world the US actually has a faster growth rate has modest says it's been.
Then virtually any other country in the advanced world it's been a very difficult environment in the world economy.
And that's what we're struggling to get out it's not to say this number is a good number.
It's just to say.
This modest growth it's hard to see how in the short run -- gets higher when everything else is pushing us down.
All you know I wanna give back to the a question about the president's agenda because.
When these scandals began to mushroom a lot of people Wall Street actually cheered saying well you know what -- -- -- -- millions and then maybe ultimately that's a good thing for the economy what do you think.
I think you'll actually impact the agenda I mean here's the bottom line I've got experience under four administrations including under Barack Obama has a transition officer.
It ths when you have an administration that is is mired in scandal as you have right now.
Not -- -- the messaging come off a point but the focus of time comes off.
And if you don't have people that are constantly assessing what is impacting job growth and job creation.
A policy agenda that the president ran on as -- distinctive against governor Romney it was his policy.
If his policies are not delivering -- his people are not focused on it it's absolutely gonna impact -- but more important -- gonna impact the conference.
But people in his competency.
Paul Conway Austan Goolsbee gentlemen thank you very much really appreciate you taking time this morning thank you -- -- good.
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