We are going to get started. There are a lot of books to mentions i want to make sure i get them right. Thank you for all being here. Thank you especially to the folks on a panel. We are pleased that you are here. There has been a lot of talk about the last generation in the last 40 years really highlight the challenges of measuring economic values its been a lot of people take the view that there hasnt been much progress or growth or economic stagnation over that timeframe. I often try to put the light that by asking people whether they are low income raise your hand if you want to go back to 1975. There usually are a lot of takers. One thing is undeniable over the last ten or 15 years we truly had been living with an economic stagnation. I joined the Cato Institution a year ago as president. And over that time trying to explore the reasons of the growth slowdown. I have them as books. One is understanding the growth slowdown in another is reviving Economic Growth. For the first time
The outrage about 25 increases in what you say. Another samsung voters exploding. This time it wasnt the galaxy 7. Find out what device is affected now. The Media Company expect today lay off 300 people. Rankings of most reliable vehicles. Some surprises before heading to the dealership. Markets like this. We will be hearing from 6 dow components today, among them dupont, caterpillar. We have the markets higher in anticipation of pretty good numbers. Once we get the numbers, we will bring them to you, of course. In europe posting modest gains. The others fractionally moving. The dax indexmoving. Take a look. We see the markets moving fractionally. Nikkei average in japan best performer. All the stories coming up. Joining me to talk about it fox business dagen mcdowell, Jon Hilsenrath and tony, good to see you guys. Dagen good morning. Obamacare failure. Maria he kept saying that i had amnesia. Dagen one and five people can only find one insurer. Maria unbelievable. Dagen talk to the pr
Is that the new diddy . Behind the initial selling yesterday and today . The dow gaining 49 points. Nasdaq climbing 8. 39 . Why not . Weve got 22 days, 22 Business Days in june that the swoon could happen. So why not go with the other half . Sell in may and go away . 22 days to be right. Look. I hate these poetic tid bits. If they didnt rhyme, i doubt anyone would give them a second thought. When can we just start hitting everyone . Hitting everyone who trots out with a 2 x 4 and make them see stars . The problem is that it is much easier to be publicly embarrassed than it is to be publicly bullish. Particularly in this market. It can always be wrong and negative and no one will call out on that. Nobody cares about the bears who use these phrases as watch words. For example, the odds are good enough that it is worth uttering this moronic phrase. If the market goes down at any point and youertered it, you look like a genius. You can raise fortunes off it if things go wrong. And nobody w
[inaudible] [inaudible] [inaudible] and that concludes our live coverage from lit fest in chicago for day one. Well be back again live on sundays. Now, if you missed any of the events we covered today, theyll only air beginning at midnight eastern. [inaudible] book tv tapes hundreds of authors throughout country all year long. Heres a look at some of the empts well be covering this week on monday at Barnes Noble Book sell rs in maryland former Washington Post reporter dale quinton will be discussing his latest book one month of murder. About a homicide squad in maryland. Tuesday at the new york union with league in manhattan, syndicated radio host eric argues that america has moved away from the founders original ideas on liberty and justice. That same evening hair Harvard Bookstore talking about the impact of fracking on l environment and public health. And on wednesday at kramer books in washington, d. C. , Police Science professor Melissa Deckman will look at role women play in the
The last theres been a lot of talk about over last generation, the last 40 years really highlights the challenges of measuring economic values. A lot of people take the view that there hasnt been much progress, much growth in incomes, economic stagnation over that period of time. And i often try to put the lie to that assertion by asking people to whether theyre low income, middle income, high income, raise your hand if you wanting to back to 1975 and there usually arent a lot of takers. But one think is undeniable is we have been living through a period of economic stagnation and im peter and joined the Cato Institution a year ago as president and over that time brink linsey has done a job trying to explore growth slowdown, one is understanding the growth slowdown and another is reviving Economic Growth. For the first time in my life we had gdp growth hasnt reached 3 and at the time i joined cato 13 months ago i was hopeful i was actually hopeful because when we lived through economic