jenna: one of the things we hear from the administration often is that this is the worst crisis since the great depression. they don t say this is the worst crisis since reagan. yeah, exactly. jenna: so there s obviously this separation of saying, listen, we haven t seen anything like this in our economy in almost 100 years, are they right or they wrong? i lived through the 1970s jenna: i was going to say, if you lived through the depression [laughter] 20% mortgage interest rates in 1980, 14% inflation, the country was deindustrializing, and asset prices in the 1970s lost stock market lost 60 percent of its value, that s a bear market. so i think the similarities, i mean, were very similar between what obama and reagan inherited. the difference is when people say this time it s different jenna: right. the point i made in my article, obama s using an economic formula that isn t working. jenna: i m going to have to run, but would reaganomics work? yes. we ve been sayi
folks should do when they hear a hurricane warning or even a tropical storm warning somewhere near where they live? well, the number one thing they should do is have a plan already set into place because preparation is going to be your key to survival. and when i say a plan, that means a plan for if you stay and if you go, and you need to let friends and family know exactly what your plan is. when you get out on the highway, for instance go ahead, jenna. jenna: sorry to interrupt, but you re actually going to the next place i d like to go because we hear about these, you know, eventually folks saying we re going to have to evacuate, right? we re hearing officials say this is a possibility, but there are certain areas of the east coast where they haven t actually said that yet. at the same time, we re also being told that roads could be clogged, that subway systems are going to be down, so if you re in the this situation and deciding whether to go or to stay, it s tough to know what
surviving is thinking these things through ahead of time and just making a disaster preparedness kit, a little survival kit and throwing together some things that you know are going to keep you alive if you stay. and if you decide you re going to go, don t wait until the last minute because once you re on the highway, you re going to find out a lot of other people have made the same plans you have, and you re stuck on the highway in high winds and dangerous situations. jenna: most folks know about flash lights or water, but what is some items that you think that we might not include in a kit that we should have? okay. um, some simple things. first of all, with a survival kit you re going to want to make sure it s portable, you can take it with you. you don t want big, large, bulky items. key things, you ve got to take care of your personal protection, that requires shelter, clothing and, of course, fire. and if you can do those three things for yourself, you ll be keeping yourself al
in northern mexico, at least 53 people were killed. and the nearly two-year search for susan powell heating up. detectives looking for new evidence in her husband s home after another search took investigators to nevada. josh powell is the only person of interest in his wife s disappearance, but he has not been charged or detained. jenna: well, as economists keep an eye on the possibility, maybe, of a double-dip recession, a new reading shows growth even weaker than previously thought in the second quarter of this year. the gdp measures that, it s rising at a rate of 1% from the april to june period, that s down from an earlier estimate that was slightly higher, not by much, but that 1% reading, again, is lower. steve moore with the wall street journal, what is 1%gdp, what does that say about our economy? hey, jenna, welcome to washington. jenna: we ve had enough, steve. it is disappointing, 1%
traffic now is a trickle. everybody who was going to leave pretty much has left. the stragglers will wait for the rest of the day. rick: good news. we ll be checking back with you. jenna: that is our big story domestically. we can t forget what is happening overseas. we re hearing reports that the fighting inside of tripoli is getting more and more intense over the last several hours. in the meantime in syria more protests against the president there, president assad. some say he will be the next middle eastern leader to fall. questions remain about how the u.s. should proceed in syria if at all and how our actions inside libya have set a precedent or not for our mideast strategy. michael sing is the managing director at the washington institute for near east policy. michael, just with the events over the last week, what does that really say, our role in libya, what does it say about our broader strategy in the