administration down playing the recession call. there s semantics. what is a recession, how do you technically define it. no matter what, there s widespread agreement no matter who you talk to. that is that economic growth is slowing. the treasury secretary, janet yellen acknowledges as much. but then she maintains that that does not mean a recession is inevitable. this is not in an economy that is in recession. but we re in a period of transition in which growth is slowing. and that s necessary and appropriate. we need to be growing at a steady and sustainable pace. yellen says the job market is still strong. she says a recession would have to be a broad-based economic contraction. consumers are still spending. household balance sheets are still in good shape. all of that said, the economy did contract the first quarter. economists think at beast we ll see slow growth when the numbers release thursday. the white house insists even if that number does go negative and some
the good godfather figure was taking the orders and even when they came out with an italian cookbook. take a look. two italians as you very well know cooking food is love. it s the way italian mothers expressed their heroism and their love for the family. it s the way people sit around and exchange the events of their lives and it s the bonding that reoccurs every day. so she kind of gave us her pundit career and sort of said to stick with me. neil: so now you re a movie star. she said we ought to write a cookbook. you want to? let s do that. neil: you re no slouch. cooking? i ve been cooking since i was 12. neil: have youer you ever done a cookbook before?
ben stein who thinks he s a much smarter man, is barack obama a smart man. and the agreed upon ruling seems to be, no. certainly not as smart as president richard nixon. but maybe smarter than an average bear. if ben stein looks familiar to you it is more likely to be from his acting career than his pundit career. more people worldwide have seen him in ferris bueller s day off than we ll see him on fox news. he played a high school teacher. and on fox news, he plays an economist. the qualifications for the use of the label economist are lower at fox news than anywhere else in the world. ben is not by anyone else s reckoning an economist. he majored in economics in college, as did i, but that doesn t make ben or me an economist. and ben knows that.
but maybe smarter than an average bear. if ben stein looks familiar to you it is more likely to be from his acting career than his pundit career. more people worldwide have seen him in ferris bueller s day off than will see him on fox news. he played a high school teacher. and on fox news, he plays an economist. the qualifications for the use of the label economist are lower at fox news than anywhere else in the world. ben is not by anyone else s reckoning an economist. he majored in economics in college, as did i, but that doesn t make ben or me an economist. and ben knows that. but ben is related to an economist. a famous economist. ben s father, herb stein who i briefly knew was very well liked