Are going to have to grow at 4 , isnt that achievable . The First Quarter revision was driven by bad weather, one of the worst winters on record. Such are volatile numbers as inventory numbers. We really view the First Quarter in the rearview mirror. We looked at more current indicators manufacturing, auto, consumer confidence, housing. We agree with the forecast that there will be a rebound and we are going to have a solid quarter the rest of the year. 4 . It is hard to project. We are not forecasters per se. Would we talk to businesses about their hiring and of back they aretheir sales, pretty decent. There is more to do. The long termered growth of the United States to 2 and cited an aging workforce and mediocre productivity. Lot we said, theres a could do to celebrate. We believe theres a lot to do given our position in the global economy. We are really well position the global economy. We have 15 of the 25 top universities and more most productive workforce. Multiple times more pr
President obama and japanese Prime Minister abe were diplomatically polite, but they didnt conclude any deal on the tpp, one the administration hoped to complete by the end of last year. Do you think youre going to get a deal this year you can send to congress . I think so. Im pretty optimistic about what can happen. Remember something i come from the private sector, as you know. Right. And its hard enough to negotiate deals with one other party, let alone get a deal done with 12 parties. And but i have enormous confidence in ambassador froman and in the president , theyre negotiating capabilities. And remember, were down to the end game of this negotiation. So its the hard stuff, right . The easy stuff has been handled. And that what they did say, though, is that theyve had breakthroughs and that theyve identified pathways to resolution on a number of issues. Some democrats and the Ford Motor Company say that youve got to include something on currency manipulation. And now you have sa
Well, were delighted youre here. President obama and japanese Prime Minister abe were diplomatically polite, but they didnt conclude any deal on the tpp, one the administration hoped to complete by the end of last year. Do you think youre going to get a deal this year you can send to congress . I think so. Im pretty optimistic about what can happen. Remember something i come from the private sector, as you know. Right. And its hard enough to negotiate deals with one other party, let alone get a deal done with 12 parties. And but i have enormous confidence in ambassador froman and in the president , theyre negotiating capabilities. And remember, were down to the end game of this negotiation. So its the hard stuff, right . The easy stuff has been handled. And that what they did say, though, is that theyve had breakthroughs and that theyve identified pathways to resolution on a number of issues. Some democrats and the Ford Motor Company say that youve got to include something on currency
The First Quarter revision was driven by bad weather, one of the worst winters on record. There are volatile numbers such as inventory numbers. We really view the First Quarter in the rearview mirror. We looked at more current indicators manufacturing, auto, consumer confidence, housing. We agree with the forecast that there will be a rebound and we are going to have a solid quarter the rest of the year. 4 . It is hard to project. We are not forecasters per se. When we talk to businesses about their hiring and of back logs and their sales, they are pretty decent. There is more to do. The imf lowered the long term growth of the United States to 2 and cited an aging workforce and mediocre productivity. As i said, theres a lot we could do to celebrate. We believe theres a lot to do given our position in the global economy. We are really well position the global economy. We have 15 of the 25 top universities and the most productive workforce. Multiple times more productive than china. We h
From our studios in new york city, this is charlie rose. Issuedinvestment corp. Several anticipated rulings. Affecting everything from how we watch television to when the police can search euro cell phone. Joining us from washington to talk about the high courts ruling is adam liptak. Characterize this day and these decisions. On one level the Supreme Court confronted two big technological issues and you would not think they would be particularly good at this but they were fairly savvy in both cases. The bigger, more surprising one was a sweeping privacy ruling saying the police have to get a warrant before they search the cell phones of anyone they arrest. 12 Million People are arrested and the search is a routine so that is a big pushback from a court that is not often sympathetic to arrested people and criminal defendants but they seem to think that the digital age is different and we need different Fourth Amendment rules in the air of big data. A 90 decision . 90 and i got to say i