goods and services with unemployment where it is at. i don t see earnings increasing going forward. dow, 30 big companies, big stocks in the market. a couple names that you might know. mcdonald s, wal-mart, home depot, american express, they cover all sorts of different sectors but still only 30 companies. does this reflect, when we look at the dow, hitting high records, does it reflect what is going on in the economy or just reflecting what is going on in the dow? you know, the s&p 500 is another index. that is the 500 largest companies in the united states. that represents the economy a bit better but the dow has been around for so long, it is a bell weathering we all watch but it does give great insight. as you mentioned you have mcdonald s, you have ibm, wal-mart that is a lot of places people spend money. you have to remember if you look economy itself, unemployment is high. at the same time they re staying out of the market and we re hitting all-time highs so there is disconn
why you should be with business, and lowering the obstacles, shouldn t it be the opposite? that s my opinion. yeah. you know, having been in business for many years, prior to elective office, i understand what it takes to run a business and you know, folks who are in business are subject to tremendous challenges. and not only in the economy itself, but through government. so, government should be asking these, should be welcoming these businesses and not putting up road blocks. so, you ve on that point you ve then introduced legislation, to absorb the fees. i have a bill i m sponsoring that would eliminate the fees and prevent government from bureaucratically deciding when these fees are necessary and when they re not necessary. there are certain exceptions, particularly when it comes to large developments. you wouldn t want wal-mart, for example, building a store on a main street without asking them to do some work,
you know what, we have never had richie havens starting off this morning. this is danny glover s playlist, thanks for being with us. he is an oscar nominated actor and producer of a new documentary shenandoah. i spent time there doing a documentary as well. ryan lizza, the washington correspondent from the new yorker and will cain from the blaze.com. i missed you terribly. it s been 12 hours since we ve seen each other. i get to meet one of my favorite actors, deets from lone some dove. are you from texas? if you don t like lonesome dove, you re in trouble. you might have to switch spots today. i was going to say lethal weapon but everybody says that, right? our starting point this morning, breaking news, hazmat crews are on the scene. a spectacular fire, taking place in ohio. a train was pulling several tankers derailed just before 2:00 this morning. the accident happened in the north end of columbus, which is near ohio state university and the ohio s
their own message. the president already admitted the november elections will be tough on democrats if they are a referendum on the economy itself, shepard. shepard: wendell goler at the white house this evening. wendell, thanks. a major rolling now on the controversial don t ask don t tell policy on gays in the merit. we ll explain why a federal judge says not only is it unconstitutional but it also hurts our armed forces. fox reports live tonight from liberty state park, jersey city, new jersey, overlooking lower manhattan on a perfectly beautiful early fall day from the journalists of fox news, nine years later. this is the fox report. with orbitz, i know what to expect from my vacation. bad dog, balloon pop. [ dog whimpers ] because orbitz has price assurance.
billion to the deficit. it was taken out of the health care bill, of course, to make it seem less expensive. that would require a level of discipline unknown on capitol hill. [laughter] jenna: that s a good point, jim. a lot of things have to stay the same in order for some of these projections to be the most accurate, at least according to the cbo. anything else they tell us about these economic projections and what they re seeing for the future? reporter: they also do an actual projection of the economy itself, and they say the recovery will continue at only a modest pace with economic growth of 2% from the end of this year to the end of next year. they say that would mean unemployment, the unemployment rate will not fall to the 5% range until the end of 2014. here s cbo directer doug elmendorf on today s forecast and why they aren t all that different to previous projections. this is a case where no news is not good news. the country faces serious budget problems and serious eco