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Nov 9, 2013
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covering the week, david wessel "wall street journal," christi parsons of tribune newspapers. slate magazineof and cbs news and ed o'keefe of ."e "washington post". >> award winning reporting and covering history as it happe happens. capital, our nation's this is "washington week" with gwen ifill. corporate funding for "washington week" is provided by - >> at northrup grumman we know evolving.e always at first we were protecting networks. then we were protecting the of data. today it is evolved to infrastructure. finance. missions.ry we are constantly innovating to advance the front lane in the battle wherever it takes us. that is the value of performance. grumman. washington n from gwen: assessing the state of the conomy has become a puzzling task. today we heard good news that employers added more than the 00 jobs in october but jobless rate went up from 7.2% 7.3%. end s is the very day it ended. gwen: i don't know about you but whenever i'm puzzled i get to to david wessel to sort things out. is the president right? not really. i think what you heard from most of washington
covering the week, david wessel "wall street journal," christi parsons of tribune newspapers. slate magazineof and cbs news and ed o'keefe of ."e "washington post". >> award winning reporting and covering history as it happe happens. capital, our nation's this is "washington week" with gwen ifill. corporate funding for "washington week" is provided by - >> at northrup grumman we know evolving.e always at first we were protecting networks....
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Nov 8, 2013
11/13
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let's turn our attention to david wessel. poppy mentioned 200,000 jobs created. looks like the government shutdown didn't affect this jobs report but doesn't mean the government shutdown didn't affect our economy, right? >> that's true. yesterday the white house told us that the government spent $2 billion paying people government employees who didn't work, which is really hard to take at a time when we have a deficit. look, i think the jobs report is good. what you're hearing around town here is a giant sigh of relief. people were worried that the shutdown showdown had really led businesses to stop hiring. that didn't happen. not only 204,000 jobs in october, but they revised up the numbers for august and september by 60,000 jobs, so it's encouraging, a sigh of relief. >> it is encouraging but the biggest growth came in retail, and retail people don't make much money so big picture here, is that really the best news we could have received today? >> no. absolutely not. manufacturing jobs did increase a little, that's encouraging but they're pretty steady. lot of
let's turn our attention to david wessel. poppy mentioned 200,000 jobs created. looks like the government shutdown didn't affect this jobs report but doesn't mean the government shutdown didn't affect our economy, right? >> that's true. yesterday the white house told us that the government spent $2 billion paying people government employees who didn't work, which is really hard to take at a time when we have a deficit. look, i think the jobs report is good. what you're hearing around town...
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Nov 18, 2013
11/13
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david wessel of "the wall street journal" thanks so much. just to reset the story 62-point opening bump on the dow jones average puts us in territory we've never seen before. >> never been this high before, record setting for the dow. richard we look forward and there are some bumps in the path again mainly in washington, you know that whole shutdown we just had, that budget impasse? we're scheduled to do it all over again in december and january. how concerned is wall street about what's happening in washington in. >> it's concerned but only from a distance. what we saw with the debt ceiling and the budget negotiations is wall street has an extraordinary capacity for pain when it comes to washington. >> it helps when $85 billion a month is coming in from the fed. >> absolutely, and because of that pain, they believe washington and the evidence is there that they do it at the last minute. i want to take, christine, we talk about this point, you and i -- no one's ever seen it at this level but these are not normal times. >> that's right. >> t
david wessel of "the wall street journal" thanks so much. just to reset the story 62-point opening bump on the dow jones average puts us in territory we've never seen before. >> never been this high before, record setting for the dow. richard we look forward and there are some bumps in the path again mainly in washington, you know that whole shutdown we just had, that budget impasse? we're scheduled to do it all over again in december and january. how concerned is wall street...
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Nov 11, 2013
11/13
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"wall street journal" economic editor david wessel moderated. the discussion lasted about one hour. >> ladies and gentlemen, please welcome austan goolsbee, edward lazear, lawrence summers, phillip swagel and "the wall street journal"'s david wessel. ♪ >> thank you very much. i'm honored to be here with austan goolsbee who was in the obama white house. ed lazear was in the bush white house -- why does. larry summers was in the clinton and obama white house immediately what the press says, either single -- use responsible -- and phillip swagel who was at the treasury during the bush crisis. the bush administration during the crisis. [laughter] >> that's one joke at my expense. we're going to focus a little bit on the economic implications of the christ because there are other things later. as i've told the panel of your i want to think about both what we know now about 2008-2009 that wasn't so clear at the time, but also about 2013 and why we are where we are. 80, let me start with you because you are -- is chronologically, i think that there a
"wall street journal" economic editor david wessel moderated. the discussion lasted about one hour. >> ladies and gentlemen, please welcome austan goolsbee, edward lazear, lawrence summers, phillip swagel and "the wall street journal"'s david wessel. ♪ >> thank you very much. i'm honored to be here with austan goolsbee who was in the obama white house. ed lazear was in the bush white house -- why does. larry summers was in the clinton and obama white house...
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Nov 5, 2013
11/13
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wessel. ♪ >> thank you very much. i am honored to be here with austen goolsbee who was in the obama white house and he was -- larry summers who was in the clinton and obama white house and if you believe what the press says, he either single -- he was single-handedly responsible for the economic crisis or if they had only listened we would not have had one. >> we are going to focus on the economic imprecations of the crisis because there are other things later. as i told the panelists i want to think about what we know now about 2008 and 2009 that was not so clear the time but also about 2013 and why we are where we are. let me start with you. you were chronologically. there are a lot of americans who say basically what happened here was wall street got bailed out and main street did not. after all the stock market is back in the banks are making money, we still have a lot of unemployment. so if somebody walked in off the street today and said to you, you guys did what you thought was right but basically wall street g
wessel. ♪ >> thank you very much. i am honored to be here with austen goolsbee who was in the obama white house and he was -- larry summers who was in the clinton and obama white house and if you believe what the press says, he either single -- he was single-handedly responsible for the economic crisis or if they had only listened we would not have had one. >> we are going to focus on the economic imprecations of the crisis because there are other things later. as i told the...
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Nov 4, 2013
11/13
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"wall street journal" columnist david wessel moderates a panel discussion with former top economic advisors from the clinton, bush, and obama administrations at a conference hosted by the university of chicago. here's a look at that. >> at the beginning of 2009 there's a sense of a missed opportunity, right? opportunity is taken and fiscal stimulus was needed. i just wonder if a different kind of stiplous with some of the changes larry hinted at, dropping some high-speed rail and energy and all that, might have gotten bipartisan support. right? i know today people, no republicans will oppose anything president obama suggests but you know, back at beginning of 09, many were really hoping the guy would bring us together and it didn't happen. i'm not blaming one side or the other. there is going to be fault on both sides but to me the question is a different set of choices have brought the country together in a way that didn't happen? >> you know i've been critical of some of the more classically democratic parts of the recovery program but i was there, you know. the senate minority leader sai
"wall street journal" columnist david wessel moderates a panel discussion with former top economic advisors from the clinton, bush, and obama administrations at a conference hosted by the university of chicago. here's a look at that. >> at the beginning of 2009 there's a sense of a missed opportunity, right? opportunity is taken and fiscal stimulus was needed. i just wonder if a different kind of stiplous with some of the changes larry hinted at, dropping some high-speed rail...
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Nov 7, 2013
11/13
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please stand, state your name and david wessel said, the question should in with a question mark. >> my name is eric. i'm a fourth year at the university of chicago. i was wondering, i know that there are 435 members of congress in 100 senators, not all of them are experts in economics. and i was wondering what sort of impact that has on any sort of discussion concerning the economy as a whole, and how much that hinders effective policy? >> i want to speak quickly. the other panelists were alluding to this, mr. schwab alluded to it. i do think most people in congress knew this was coming. i generally gushing genuinely don't think anybody thought this was coming. it was sort of we're doing business as business works. people to something woke up and this was on top of them. faceting situation. some of us who were involved in talking a little bit about it, but nobody saw coming in the congress. >> the reason was to some extent, you couldn't, people -- you could talk about it but the way congress usually works is there is deference to experts. there are only a small number of experts on
please stand, state your name and david wessel said, the question should in with a question mark. >> my name is eric. i'm a fourth year at the university of chicago. i was wondering, i know that there are 435 members of congress in 100 senators, not all of them are experts in economics. and i was wondering what sort of impact that has on any sort of discussion concerning the economy as a whole, and how much that hinders effective policy? >> i want to speak quickly. the other...