unemployed and lowest labor participation rate since the 1970s for men lowest it has ever been. already got a big problem people not working. weave want more people to work not fewer. one of the things lost in the shuffle about the cbo report that has stuck with me is that the director of the cbo elmendorf says long term it hurts the economy. if it hurts the economy, that s not good even for people who are working less. and that also means if we have a lower panks rate, it means lowered revenue into the treasury which means all sorts of, you know, pinching problems that we have. that means we have a labor supply problem. one thing he also had in his report that hasn t gotten much play because the obamacare stuff has been so explosive is that the economy is getting weaker. he says we should have to get used to the new normal which is 2% growth after the next two years and he has another trillion dollarsed a to the deficit in the next 10 years. a 10 trillion-dollar increase in the de
discouraging that obamacare is going to make it worse not better. what is the most urgent reform that you see that we should be looking at to rev up the economy? two things. one, tax reform we could do right await a minute the president has talked about it republicans have talked about it particularly on the corporate side. we have the highest rate in the world. we have international system that is not competitive. everyone knows and director elmendorf said it today in my response tax help. lower reform broaden the base. second the president has talked about recently doing something on trade. he won t do regulatory relief. he won t do what he needs to do in healthcare and what he needs to do in terms of energy. why not? he just won t. that s not a good enough reason. that s a religion to them. why won t he. here is what he says he wants to help on expand exports tracy the trade promotion authority the president has asked for in the state of the union. next day harry rei
discouraging that obamacare is going to make it worse not better. what is the most urgent reform that you see that we should be looking at to rev up the economy? two things. one, tax reform we could do right await a minute the president has talked about it republicans have talked about it particularly on the corporate side. we have the highest rate in the world. we have international system that is not competitive. everyone knows and director elmendorf said it today in my response tax help. lower reform broaden the base. second the president has talked about recently doing something on trade. he won t do regulatory relief. he won t do what he needs to do in healthcare and what he needs to do in terms of energy. why not? he just won t. that s not a good enough reason. that s a religion to them. why won t he. here is what he says he wants to help on expand exports tracy the trade promotion authority the president has asked for in the state of the union. next day harry rei
historic numbers of people unemployed and lowest labor participation rate since the 1970s for men lowest it has ever been. already got a big problem people not working. weave want more people to work not fewer. one of the things lost in the shuffle about the cbo report that has stuck with me is that the director of the cbo elmendorf says long term it hurts the economy. if it hurts the economy, that s not good even for people who are working less. and that also means if we have a lower panks rate, it means lowered revenue into the treasury which means all sorts of, you know, pinching problems that we have. that means we have a labor supply problem. one thing he also had in his report that hasn t gotten much play because the obamacare stuff has been so explosive is that the economy is getting weaker. he says we should have to get used to the new normal which is 2% growth after the next two years and he has another trillion dollarsed a to the deficit in the next 10 years. a 10 trillio
0 their magnificent, they will let employers off the hook? and so to be in compliance with this law is damaging and harmful. so we are going to let them off the hook? they will be required to report on how many workers are covered but they will have until 2016 after the next two elections before they face a penalty for failing to cover employees. the regime knows full well that if they don t delay the implementation to this thing, the party, the democrat party is dead. my colleague sean hannity joins us. hey, greta. i don t think rush limbaugh left any skin on the president for that one. he secured him about this delay. let me just add one point. i m sure he probably made it at a different time. the president they made this decision after the president met with democrats when they were on retreat to reiterate the president does have some level of discretion. but, at some point, when you keep delaying grant exemptions, granting special deals, you have so is aboratted the origina