They reacted negatively the last time we revisited the debt ceiling for tarp, so, i dont think that the markets are going to be particularly happy, but i dont know that its necessarily for the right reasonss i to think that were going to get a deal here, but i think its going to end up happening late january, maybe middle of january, but at the end. Day, stuart, it doesnt solve any of our problems. Stuart i agree, i agree. And im so frustrated that were 13 months in, weve had 13 months to figure it out and were at the 11th hour. Stuart everybody is. The mood of the country, furious nothing is happening here and politicians are dithering at the last minute. Why is it . It doesnt look like a deal is going to get done. A total stop gap and as you say its not a good deal anyway. Why hasnt the stock market fallen out of bed . Were still at 13,000 on the dow. Why are we still there . What i think usually when congress doesnt do anything, thats a good signal for the market. Two, i think the m
the president is said to be planning cuts in social security and other entitlements. in his weekly address this week, the president said his proposal wasn t perfect. well, it s not my ideal plan to further reduce the deficit, it s comp promise i m willing to accept in order to move beyond a cycle of short term, crisis-driven decisionmaking. but friday morning, attention turned from the budget to jobs, the nation added 88,000 jobs in march, that s compared to 268,000 in february. it was the smallest gain in nine months. jared bernstein is a former economic adviser to vice president joe biden, also an msnbc contributor. katherine rample, the new york times editor and noel clemente, the american action forum. good to see all of you. let me start with you, katherine, since i have you here around i have a copy of the times, i read your article and enjoyed it you said the closely
0 north s every move. you know there are ships, destroyers, just off the coast of korea tracking that, but the tension today, at least, doesn t feel like it s mounting. the u.s. is trying to dial it down. the f-22 super fighters, the bombers, we don t see them now. they have been put on hold. there is even talk again, craig, of diplomacy, cousouth koreans looking to spend a special envoy to reengage with the north, secretary of state john kerry is expected to be looking for newer approaches as well in north korea when he arrives here in the region next week. craig, feels today, like a breather, everybody wants to step back and create room. who knows how long that will last? jim maceda from seoul, south already won this round. why is that? how did they do it? the nra and other groups on their side have been pressuring key republicans and some red state democrats who were interested in some compromise on background checks, never assault weapons ban or limiting high-capacity magazines