that means a few more people entering the labor market. here is where the job gains are. this is pretty interesting, broad based. retail a lot of job gain there. construction, this has been strong all year. the housing market, this is activity, building activity has been strong. and business, computer systems design. there s been a lot of josh creation there for some time. this is where those jobs have been created. we also saw wages pop 2.5% year of year. one of the reasons is 19 states in january raised minimum wages. you re seeing that filter through. markets open soon, futures are hi area. time to now for the five things to know. the trump white house seeming the mirror the obama administration in terms of foreign policy, threatening iran with sanction, hitting rush y for aggression in ukraine telling israel west bank
due to the housing bubble, blowing up. as housing went up in value in all of these years, cities who had the same percentage property tax rate, they are getting higher taxes from their residents, right? because the properties were worth more. now that the properties have gone down, the taxes are plummeting and they are having to make a lot of hard choices, probably what most people are seeing in their own cities are cuts in services, layoffs and other effort bise cities everywhere to try to get their books in order and to try to grapple with the lower income that they get from property taxes. greta: take san bernardino, california, does it have a huge manufacturing economy? or what drives who is the biggest employer there? they are like a pit stop on the way from l.a. and the coast to a lot of the rest of the country because they are right by a lot of major highways and 65 miles east of los angeles.
influence of europe. i am not sure you can compare decades to each other, economically. you can certainly compare the naysayers in 1993 who said when we adopted the program, the economy was going to go into the tank and unemployment would go off the charts. none of that happened. we had a good economy. you are right, this is a different time, a different economy, which is why we are saying, everybody s $250,000 taxable income for everybody all 100% of us, it is first $250,000 won t see a tax increase. but we have a deficit and debt problem. everyone understands that. it s a very serious issue for our country. people understand that we have to bring that deficit down. greta: here s the problem. if this is a democratic idea, with the stimulus bill. i don t know how you think, but in many americans who are unemployed, 8.2% are unemployed are not as optimistic about that money. that was not successful, only
health care bill for a vote and you and the house i agree to that right here, right now. you know what? the thing that the american people are most frustrated with washington. they are tired of the gimmicks and the accounting tricks. they want to get rid of that. put the plan up, let the best idea win. i will tell you, democrats won t pass the president s tax plan. it won t solve the problem. tell drive the economy further down. the president said two years ago, you don t raise taxes in a down economy greta: why bill clinton said, don t raise taxes greta: what do you think is the president s reasoning? it s politics. how long greta: 8 to 9 days. 8 days. is that politics? everything he moves between now or from this year forward is politics. and that is why don t we put people before politics? this frustrates everybody. if you think your idea s so good, have the idea, win or lose on its own merit.
due to the housing bubble, blowing up. as housing went up in value in all of these years, cities who had the same percentage property tax rate, they are getting higher taxes from their residents, right? because the properties were worth more. now that the properties have gone down, the taxes are plummeting and they are having to make a lot of hard choices, probably what most people are seeing in their own cities are cuts in services, layoffs and other effort bise cities everywhere to try to get their books in order and to try to grapple with the lower income that they get from property taxes. greta: take san bernardino, california, does it have a huge manufacturing economy? or what drives who is the biggest employer there? they are like a pit stop on the way from l.a. and the coast to a lot of the rest of the country because they are right by a lot of major highways and