have to confront their own failures. the great recession and the slow recovery have reinforced trends towards inequality and inadequate pay that were evident even before the last downturn. fast food workers are fighting back in just cause and we re going to detroit on august 29th. and there happens to be a protest that day. so we ll be going. i m going. congressman keith ellison told me about it. michael steele, what do you think about these protests, these fast food protests? you know, look, it s what the market is willing to bear. and at some point people have to recognize, you know, in business, that in this economy, we have to do something to stimulate it. maybe it is looking at the minimum wage. maybe it is looking at the relationship between management and how they are dealing with their workers in this economy and how the workers have the opportunity to fight for and maybe get more ground. that s a debate we haven t had and we kind of hide away from it
worst of the sequester, that s something that has been holding the economy back, the federal budget cuts and sequester. we would have done better without that. housing a bright spot within the economy right now, but housing not really enough to really bump those numbers much higher. another report we just got. private payroll processors. they do all the paychecks for companies and get a look at what the private sector is doing. showed 200,000 jobs created in a month. private sector, again. about 82,000 of those were small businesses, carol. companies with less than 50 workers. this could be a little foreshadowing for the big jobs report on friday. sometimes it matches, sometimes it doesn t exactly. but what this tells us is that we are seeing some hiring, 200,000 in the private sector and, again, you want to see more, you want to see jobs with higher wages and we saw those protests this week, the fast food protests. a lot of the quantity of jobs we re creating in this country are not h