surprised by these numbers because we have a lot of regulations to the small businesses aren t doing it. and of course some would attribute that to regulations and others say the economic recovery hasn t reached main street in a lot of ways. there are a lot of wider indicators that show our economy is doing better, but until americans feel that in their possibility books, until they see it in their communities, their confidence is going to be low and they re not going to like the president very much. john, let s see if we got your mike working now. what are your thoughts on these numbers? perception is reality, that s definitely right. and if this continues, i just think it s going to be terrible news for the president. he s at 42% for an approval rating, that s going to be terrible news, you re going to see democrats lose the senate, the question will be not will they lose the senate, but how many senate seats they have re going to lose. are celebrities dumbing down obama ca
surprised by these numbers because we have a lot of regulations to the small businesses aren t doing it. and of course some would attribute that to regulations and others say the economic recovery hasn t reached main street in a lot of ways. there are a lot of wider indicators that show our economy is doing better, but until americans feel that in their possibility books, until they see it in their communities, their confidence is going to be low and they re not going to like the president very much. john, let s see if we got your mike working now. what are your thoughts on these numbers? perception is reality, that s definitely right. and if this continues, i just think it s going to be terrible news for the president. he s at 42% for an approval rating, that s going to be terrible news, you re going to see democrats lose the senate, the question will be not will they lose the senate, but how many senate seats they have re going to lose. are celebrities dumbing down
can that be attributed to the stimulus or is it mostly other things that are going? there are a lot of things going on in this economy, and it has been the fed and it s been the fed s expansionary policy and the economy hasn t the recovery hasn t been that strong. recently, we started to see things improving and that s because there have been a lot of headwinds and fiscal policy has been dragging down the economy. the fed has been trying to prop it up and now i think we re finally seeing underlying strength in the economy and 2014 could be the sweet spot of strong growth and low interest rates. janet yellen is coming in. what s the anticipation there? are we going see much of a change with the fed? i don t think so. i think she was a very pivotal part of the decision making. she s the number two and the vice chairman right now. she s fully onboard with all of this. i think she ll continue the approach that has been laid out now, slowing gradually the pace at which tapering th
critiquing the nature of the obama recovery. even if you don t think barack obama is actually responsible for it, his best message was always, there s a lot of people out of work, a lot of people long-term unemployed, wages aren t rising, but he could never convincingly make that case or stick with it. at the same time, chris, we haven t been able to make the case that this government has been shedding jobs for the first time since we ve had a recovery and a recession. 600,000 down, by the way. the new normal is americans are disconnected from the political system because the congress is not representative of americans. let s be frank here. in the 2010 elections, a lot of people were frustrated the recovery hasn t come to their neighborhood yet and they thought, what has government really done for me, and the democrats do hold some responsibility for that. we re reaping the awards i believe that the democrats were more representative of the coalition that re-elected preside
plays in all sorts of bizarre ways. it always struck me in the 2012 election that mitt romney was doing best when he was critiquing the nature of the obama recovery. even if you don t think barack obama is actually responsible for it, his best message was always, there s a lot of people out of work, a lot of people long-term unemployed, wages aren t rising, but he could never convincingly make that case or stick with it. at the same time, chris, we haven t been able to make the case that this government has been shedding jobs for the first time since we ve had a recovery and a recession. 600,000 down, by the way. the new normal is americans are disconnected from the political system because the congress is not representative of americans. let s be frank here. in the 2010 elections, a lot of people were frustrated the recovery hasn t come to their neighborhood yet and they thought, what has government really done for me, and the democrats do hold some responsibility for that. we