it s about millions of americans who didn t have health care and that worked. if you look at the stimulus program, that was about getting the american economy moving but there were a lot of measures in there that were particularly about lifting up some of the poorest people in the heart that things can actually be achieved and that when you see the chance as we keep going. you know, it s funny you say that because dr.president, president obama took office amid economy with a stimulus and auto bailout, passed wall street reform over fierce opposition implemente regulations aimed at client change and the first president to embrace marriage equality and presided over the landmark decision legalizing it nationwide yet he s the brunt of such criticism. stunning to think about what he s head wind, with the opposition and
nasdaq fell 1.6% on thursday. geoff cutmore joins us from london. help explain the loss. what are investors looking for into may. maybe a bit of a slow down with the stock market. we ve had an interesting turn that have give thn market momentum. these will have bearing on what the markets do in may. let s run through the list here. the dollar has weakened a little. we ve had a strong dollar. the markets have been used to that which has kept kmod thety prices down. we have stronger oil prices. that s a head wind for a lot of corporate earnings. every time you fill your car you ll feel the difference on the price. and the other issue, the stronger data. you think on the face of it markets should rise if there are signs the economy is getting better but then they start to fixate on what the federal
normally you have a head wind if you re flying 130, you re crossing the ground at 120 which means you don t have as much momentum to stop. when you have a tail wind it reverses that. instead of 120, you re coming in at 140 with a tail wind it makes it much harder to stop. that may have been a factor. i checked the airport diagram and there is engineers system at the end of the runway. from the best i can tell of the photographs, the plane is not off the very end of the runway but off to the right of the end of the runway. i don t know if anyone has been able to confirm that who s on the scene. it certainly appears that way. thanks very much. we re going to take a quick break and be right back. you re watching live coverage on msnbc of the incident that took place about 11:10 eastern time about an hour and ten minutes ago with snow and ice, a delta
20 20.2 hers in 2014. they hope it push the unmriment rate to 5.4 percent from 5-8 percent in november this year. they believe the federal reserve will help by keeping interest rates low next year. they expect to raise rates from 0 now after keeping them at 0 for the last six years because of the 2008 financial crisis and recession and tepid recovery since then. rate increases will be small and gradual. they will start taking away the punch bowl cautiously. that s the nature of the leadership at the feds. head wind for the economy could be the housing market. meli millennials aren t getting married as quickly as other generations. the ridie rising dollar makes
$17 trillion is the next six years of taxpayer dollars already been spent on debt and whatever washington spending on. again, another head wind. thus i think we re never going to reach the potential and hopefully i would hope they take a vacation for a couple years and get out of our way. what would turn it around? i guess you re saying if the government got out of the way? they re just doing too much on a daily basis. there is something new. now it s obama wants to do things with more with obamacare, now with the immigration, kids are coming in. that s a cost. there is so many costs coming down the pike to us. just remember, the last year of bill clinton s budget we spent $1.7 trillion by our government. this year it s 3.5 trillion. that s directly coming out of the economy that directly affects economic growth and the ability to hire. so until the needle moves the other way, again, i think it s going to be slow motion moving