memorial day is the unofficial start of the summer. the presidential race is just entering its second stage. it s the time when campaigns try to hammer home negative attacks, now reinforced by super pac ads. we re living in a time when spin outweighs substance. when narratives can unfortunately matter much more than facts. and summer is the time when we see the campaigns try to make these attacks stick. now, on this show we try to play it straight, criticizing, for example, the democrats claims that republicans are conducting a war on women. while at the same time calling out conservatives for saying that president obama is waging a war on religion. the problem is when we demonize people we disagree with, using fear and hate instead of reason. well, tonight we want to tell you exactly what doesn t add up. the biggest three myths of the political season as we head into the summer campaign stretch. outfront tonight, errol lewis and cnn contributor, and my bride, margaret hoove
troops without leaving chaos in its wake? next up, debt, shedding real light on our present situation in the united states and europe. we have the author of a phenomenal new book, phillip kogan. i ll explain. first, here s my take. some of you regular viewers will recall that at the start of the first show of this year i predicted hopefully that the u.s. woo economy would recover nicely in 2012. i m returning to that topic with some preliminary good news. if you look around the industrialized world, the u.s. economy is the most promising of the bunch. the american recovery is not as vigorous as one might hope, but it is remarkably broadbased. manufacturing is up, including for the first time in 30 years nontechnology manufacturing. retail sales are up. consumer confidence and spending are growing. consider sales are up. the stock market reflects this. two areas of the economy that continue to lag are jobs and housing. both critical areas. generating economic growth and prof
with koran burnings the united states alone in the industrialized world is demo graphically dynamic. it adds 3 million peoples to the numbers every year and at some point, kids don t want to live with their parents and that will produce demand for housing and at that point, the recovery will gain full steam. the new potentially game-changing trend for the united states is the rise of shale gas, thanks to the new process of fracing, american now has 75 years of natural gas and most important, it is the world s low-cost producer of natural gas. the rise in gasoline prices and petroleum prices has obscured this much more important fact. energy costs are plummeting in america. that s why manufacturers like dow chemical are actually opening new factories in the united states. you see, asia has an advantage, lower labor costs, but now the u.s. has an advantage, lower energy costs than asia. and this is a process that has just begun. add all this together and you have the prospect
york city because you had what was going on in lower manhattan donthen you d these dueling protests. so many want the mosque built just two blocks away from ground zero although a number of people showed u wp an they were pportive, the building of it. it s interesting, the imam himself came out on television yesterd on the show on abc and said, i t really didn t see thi controversy coming with this selection. watch. i would never have done it. i m a man of peace. i mean, the whole objective of peace work is not to do something that would provoke controversy. so hsays he would want have put it in that location. well, then some people ask the logica yl question that follows that would you move it now? but then his answer to that has been that he won t because remember, he said last week that he feared that there might be a reaction from radical muslims if
they resolve themselves. success will take patience, persistence and leadership. the true test of these negotiations will not be their first day and it will not be their last day. it will be all those long days in the middle when the path towards peace seems hidden and the enemies of peace work to keep it obscured. but we are convinced that if you move forward in good faith and do not waver in your commitment to succeed on behalf of your people, we can resolve all of the core issues within one year. you have taken the first steps, you have both embraced the idea of a two-state solution, which is the only path towards a just lasting peace that ensures security and dignity for both israelis and palestinians.