and, donald trump can t, can t badger and cajole ceos into changing that. we have got to have a national conversation about it. i m sorry, when its the test. when are we going to know trump s promise of infrastructure spend will get past the obstacle of paul ryan. if he walks up against a brick wall. the folks who shut the government down. where are the new airports we were supposed to get? infrastructure is expensive. complicated. there are creative way to fund it. we should have the discussion. starting with not calling it infrastructure, calling it jobs. right. that that might have some hope. but on the manufacturing side. he, he is meeting tomorrow morning with the manufacturing ceos. one of the assignments he gave them 30 days ago is to come back and come up with a plan to, to create manufacturing jobs. there is no manufacturing crisis in america. we have been manufacturing more every year for the last 20 years. we re just doing it with fewer, fewer, fewer people. th
past the obstacle of paul ryan. if he walks up against a brick wall. the folks who shut the government down. where are the new airports we were supposed to get? infrastructure is expensive. complicated. there are creative way to fund it. we should have the discussion. starting with not calling it infrastructure, calling it jobs. right. that that might have some hope. but on the manufacturing side. he, he is meeting tomorrow morning with the manufacturing ceos. one of the assignments he gave them 30 days ago is to come back and come up with a plan to, to create manufacturing jobs. there is no manufacturing crisis in america. we have been manufacturing more every year for the last 20 years. we re just doing it with fewer, fewer, fewer people. the manufacturing ceos have no incentive to do it with higher lost labor and people. ceos are in a tough spot. when the white house calls they re going to show up. they have realer use. border adjustment tax would be a big problem for
last week were just okay. wages really haven t moved. what s your plan in terms of creating jobs governor? i think people are really concerned about what they see from a tax side from a regulatory side. we re just few good policies away from the best days this country ever had. i think it s attached to our energy policy north american energy policy canada united states mexico developing those energy resources. couple that with driving down the corporate tax rate. we got the highest corporate tax rate in the western world. you lower that 10% and every accountant will tell you you will raise wages by 5% to 10%. the blue collar worker should say perry we ll vote for you because you ll raise our wages. couple those two together drive down the cost of electricity, give incentives to those individuals on the manufacturing side to come back into this country we can have the most extraordinary renaissance in manufacturing in this country than we ve ever seen. governor thanks so much for jo
business services health care retail and leisure and hospitality. what does that say about the overall state of the economy if we can glean anything from it? well it says that the service sector of the economy is growing in a pretty robust way. but if you re exposed to some of the problems overseas say, our manufacturers who typically need to export their products to expand, then you re not doing so well. manufacturing employment has been flat for about five months. construction was also weak last month, although that may be just an anomaly. so i would say that the service side of the economy is pumping along really solidly on the production side. on the manufacturing side less so. the report found that the labor participation rate is near a 40-year low. is that a cause for concern? it is a cause for concern. but i think the 40-year low is a bit of a distraction. 40 years ago, we had a much
winning a special election last year. previously, he said he would not seek another term. however, he changed his mind after speaking with his wife, and after, quote, much thought and prayer. okay, let s shift our attention and talk about business news today. the markets were mixed yesterday. the s&p, streak of quarterly gains. make it six manhattonths, that longest since 1998. jeff, good morning. reporter: good morning to you. a slightly positive start to the trading session in the united states if the futures are anything to go by. watch out for the data on the construction and the manufacturing side. we ll get a look at some auto sales. and that s interesting because here we are with gm, another recall announcement. over 8 million cars this time recalled. 7.6 million of those in the united states. to be honest, thomas, the shares barely budged on the news.