by the way, they both are qualified for this job. they get into the whole woman thing, saying, you know, summers had disagreements with other woman, including christina roamer and elizabeth warren. just because you disagree with a woman, that s disqualifies you? yeah, i think the times is making a big mistake. if they want to advocate for janet yellen, focus on her incredibly impressive record. janet yellen is a really, really strong candidate. so, by the way, is christina romer, who was a very key official during the first obama term. there are a lot of women very qualified. when you make this a boys versus girls fight, you actually detract from the fact that yellen has a very strong case to make, on her own, rather than as a woman as such. so, i think they are making a big error if they want to boost yellen. and dean, on paper, let s just talk about this, the qualifications. they are both qualified. they see the economy in different ways, but yellen, vice chair of the fed board a
it really about jobs? here is economist and professor at the university of maryland. peter. thanks for being here. nice to be with you. we didn t hear anything new and it was supposed to be a big economic speech but it sounded to me from reading and will being to it for an hour was the same thing we heard him say on the campaign trail. furthermore, it sounded like a lot of what we heard we needed to have in the similar stimulus. exactly. we had it under the bush administration and now the first obama term and we got out of that about 2% growth. over the last three quarters since around the time of the election growth has been cut in half to 1%. i mean, clearly these kinds of policies don t work put there s a political agenda here. for example, healthcare as we
costs. when is the last time that federal agency underestimated the costs or overestimated the costs. suggested it was going to be more and it actually came underneath. it never happened. this and was totally predictable that the epa would act this way in a second obama term. mitt romney may have made more of in his presidential campaign. it was clear the president had emboldened and reinvigorated these agencies around congress. president said himself, we can t wake initiative that the white house was going to be use the go around congress. there is no question the epa feels emboldened and take these steps and we are like to see other regulatory agencies over the next three and a half years. shannon: the president has taken a lot of heat what he has done on keystone and this way
reflect the general consensus of his caucus. if he is going to move and take a chance it has to be because the president is pushing him, pushing him, pushing him and we heard from senator feinstein last week the president they believe that nothing is going to happen unless he gets out in front and leads on this. remember, this is one of the three gs for liberals in the second obama term. gay marriage. global warming and guns. and these are the three biggest issues for the left and if the president looks like he is dragging his feet on this they will get cranky and then to take us back to senator king s point they will be less inclined to do something that they have already shown very little in krieneation to do which is to address the long-term drivers of the debt meddeficit particularly did i. shannon: senator cruz said he was surprised that senator feinstein got so upset. react the way she did. he said i think we should ask the same question of everything we pass on the little does
meeting with palestinians at the same time. that s a tough issue. it is. and it s also tough as you know, expectations going in. let s face it, nothing has happened, no talks at all in two years. in three. right. and we are seeing lowered expectations, and seeing that connection we were talking to jim between u.s. assurances that it will keep iran from developing a nuclear weapon, and the president s ability to convince benjamin netanyahu of that are directly tied to how much i think netanyahu will give on settlements and whether he will stop at the west bank. i think it is an interesting trip but i don t think at this point, maybe i am buying into lowered expectations, they re looking for more than here i am, let s makeup for a bad first obama term. it is the maiden voyage as president and they re making it clear they re not going over