wage working people to give to other lower wage working people. it s not going to fly. rick, your response. you know, i haven t had a chance to dig in but it s troubling to see something like that. i have to admit i m confused. you would argue i m always a bit confused. no. the reason i say that is if you look at the states who have already raised their minimum wage to these levels, they, from everything i ve seen, are not experiencing job losses. in fact they re seeing job gain. so i m curious to know how the cbo arrived at it. they ve teen a theoretical position you. raise the minimum wage to $10.10 an hour and x number of jobs will be lost. the democrats are trying to put a spin on this and say 16.5 million people will be getting more money. that s a positive. but that s spin. you can t ignore 500,000 job losses. taking the money from the 500,000 people and giving it to
best national policies for america. i do believe that it s really pretty simple. if we had the leadership in this country, put a flat tax into place, open that pipeline out of canada and create energy jobs in america. neil: you had a job growth record, and chris christie, widely touted potential presidential candidate, doesn t have nearly that track record, and nearly that job gain. you could make a credible alternative. i don t make any argument other than i think it makes sense to have a chief executive officer leading this country. ceo experience and i depend think we re paying the price for it today. neil: run for president. you can t tell me you haven t thought about it? it s an option and in a year or so we ll make the decision but over the next 15 to 18 months i m going to be pushing this conversation across america that we have 50 laboratories of
1.3% away. we re also awaiting a big report from the labor department in three hours. it issues the first jobs report since the deep across-the-board federal spending cuts began. a cnn money survey predicts about 170,000 job gain. they are expecting the unemployment rate to dip slightly to 7.8%. we will bring you those numbers live at 8:30 a.m. eastern time. he will not engage in what he calls chess beating over iran s nuclear program but does plan to issue a clear and direct challenge to tehran during his upcoming middle east trip. he made these comments at a white house meeting with jewish american leaders. this was thursday night. the president said he will still work toward a diplomatic resolution with iran but repeated that no options are off the table, including military ones. police in elizabeth, new jersey, launching an investigation into this youtube video that appears to show one police officer punching a woman in the face. this happened outside a nightclub.
was up. and testimonies you the august number improved. neil: even you job growth was half what it should be. guest: i would not agree with that. you have a sector called the housing market that is just starting literally starting to move forward. neil: you are saying be grateful with the numbers. guest: it is not as fast as we want. but you have job gains in 32 straight mongs chris: you are a great numbers guy and that doesn t keep up with population growth. wait a innocent. since the president took off. he is down on the job? guest: no, we have created over three million new type of jobs chris: there is no way to prove that. created what? guest: look at job loss versus new job gain. like the construction sector.
more jobs across lots of different industries in parts of the country so we re making progress. you know, it is important to point out that these numbers are very volatile month to month based on small surveys and this over states the case. it s not as strong as the data suggests but it makes a strong case that the economy is improving. when you have a 30-year the big gap, the big jump of 30 years and total number of people added to the employment rolls do you look at that and say, is that an outlier or do you think, this makes up for those weak jobs numbers over the last three or four months that you thought were under estimating what was out there? yeah, well i ll give you an economist s answer. both. i mean, this right? this over states the case. you know, if you look at the details of the 800,000 job gain, a little over half of that was people who are working part-time because they can t find a full-time job. so that s not, you know, a particularly good thing and is probabl