people who are active ly lookin for work. if you leave the workforce, because you are disenchanted or whatever the case is, you don t get that and the number goes down and ignore that. the thing that is absolute is the number of jobs created or lost in a given month and let me show you a chart. 96,000 jobs are estimated and look at that on the right side of the screen and that is the bar, it is 96,000 jobs created and we had estimated between 120,000 and 145,000 and some people thought it was higher than that and you need 150,000 a month to keep the unemployment rate steady generally speaking to make up for the people who came into the workforce versus those who are leaving. so this is not where the number needs to be. to put it in context, mitt romney has promised if he would become president he would create 12 million jobs over four years which is 150,000 jobs a month for four years which is not possible in the environment, but that is where the 96 falls in. let me tell you
me, the private sector is not doing well. then g.o.p. mitt romney. romney: he said the private sector is doing fine. he said the private sector is doing fine. an extraordinary miscalculation and misunderstanding by a president who is out of touch. eliot: mr. obama then tiled back his comments a few hours later. obama: the economy is not doing fine. there are too many people out of work. the housing market is too weak and homes are still underwater. that s precisely why i asked congress to start making some steps that would make a difference. eliot: steps like aid to state and local governments to rehire teachers, police, firefighters. infrastructure repairs, and tax breaks for local businesses to for hiring and mr. obama insisted that the economy had it s bright spots including profits of $1.5 trillion and 4.3 private sector jobs for an average of 158,000 a month. not enough to change the narrative in what has been an awful week for the democrats and in the white ho
please allow 30 days between your calls. as always, you can send us a tweet or join our facebook faith. there s about 200s on there already about the budget negotiations. joining us from the national journal is jim tankers-lee. bring you up to date. good morning. we are in an interesting impasse right now where it appears once again we are not sure how to get to a deal. what happened yesterday and how going forward are they going to meet again today? it appears they are moving forward. yesterday, we had some drama with the number two republican in the house who accused the president of storming out of the room after mr. kanter suggested doing this more short term than he wanted to. this is getting to be high stakes here. the markets are getting a little j jitery. the ceiling might be raised. i wouldn t be surprised if the markets start to really show more if they don t come to a deal? host: jim? we will move on. to let you any at 4:15 this afternoon, president obama con
but we will start today talking about the announcement yesterday from senator joe lieberman that he will not seek re-election in 2012. we will talk about the state of the united states senate and all that wraps up in his political announcement yesterday. phone lines are on the screen. well, good morning. to set the stage for our conversation with you, senator lieberman s announcement was the third about the 2012 cycle. the national journal daily calls it a rapid announcing that kay bailey hutchison and now joe lieberman, the thought that joe lieberman may have in fact made this announcement set all the political internet sites abuzz this week. and the reactions from both sides are a nod to his legacy. this posting from the headline, let us pause now to hate joe lieberman. on the right, conservatives why conservatives should have no love for lieberman. the christian science monitor stated perhaps no one would have had the their party s vice presidential nomination and then
our program on cnn international and you can see our daily pod cast on amanpour.com. good-bye from all of us here in haiti. i m christine romans. welcome to your money. ali velshi is off this week. news this week, the economy s growing at the fastest pace in six years. but a nagging question. namely, when will it lead to job growth? president obama spent the week laying out a new agenda to create jobs and bolster the economy. jobs must be our number one focus in 2010. and that s why i m calling for a new jobs bill tonight. beyond the applause, a tough road ahead for this president. of course, this is on top of the stimulus bill with a price tag that is now rising. new total this week, $862 billion. republicans remain skeptical. i think, yes, republicans could clap for a jobs bill. but is it going to be a jobs bill or a remake of the stimulus, which has been a disaster? so when do the words turn into jobs? let s ask cnn s senior political analyst david gergen, and ca