Youre watching live coverage now here on cspan 3. Chairman furman, welcome. Both vice chair klobuchar and i appreciate your willingness to reschedule this hearing. Im hopeful that youll resume the long standing practice that chairman of the council of economic advisers testing before the jec. Welcome today. We are all pulling for a strong recovery. Too Many Americans of all ages and all races have simply given up hope of finding a fulltime job. Now, four full years after recession ended, while some parts of the nation are making progress, the current recovery remains the weakest among all post1960 recoveries in every major measure of economic performance. Generating a troubling, and we think dangerous, growth gap. While real gdp has grown by 10 since the recession ended, thats just barely above onehalf the growth in average recoveries over the same period. Producing a growth gap of 1. 3 trillion in the economy. For families the growth gap hits home. Real disposable income per capita ha
Very high and is persistent and woringly so in terms of the human cost and the long term cost for our economy. You testified before that not all cuts are the same. And that there are some ways in which we are cutting that are hurting our long term competitiveness. They produce longer term reductions in our capacity and that we should be prioritizing things that will accelerate growth, that we should not be simply trying to get through this difficult fiscal time in a way that focuses on austerity. We should be investing in a way that sustains growth. What types of policies in your view could both help accelerate growth and do so in a way that would deal with long term unemployment . And what are the budget airy implications for long term unemployment . The first part of your question, senator, of all nondefense Discretionary Spending, half represents investment of some sort about 20 of nondefense Discretionary Spending is investment in physical capital such as highways. Another 15 is go
Onto culture to increase profits he is interviewed at Harvard University craig mankin. After words is a weekly Interview Program with relevant guesthouse interviewing nonfiction authors about their latest work. Welcome and it is a delight tto be here to chat with you congratulations of the book congratulations on finishing in the Great Success ive been watching a fail in the amazon and obviously a lot of people are buying it, that isha great its a great book very interesting and provocative and on a very important topic im delighted to share with you. Before we get to the book. I think your biography shapes the things your writing in this book and one that i honestly did not know the offers many you i also live today, my parents were immigrants from india, by vacuum over the late 70s my mom in the early 80s, i asked my dad why did you come halfway across the world to Cincinnati Ohio of all places and he said his sister came over from india to fort wayne indiana which prompted us to ask
You can do it on 364 other nights of the year. Most of the people that will be on that street tonight, theyre not watch iing those either. Time magazine cnn political analyst, mark halperin, and former chairman of the Republican National committee and commentator for nbc news and news analysts for npr, cokie rockets. Youre wearing purple. I am. I am wearing purple and gold and beads i left in the makeup room. Ill bring them later. I like the beads. Being a good catholic from norms, you can talk about it. I speak pope. And your mom was ambassador to the vatican in the 90s. That aint nothing. No. It was quite fabulous. We loved it. Got to go to rome all the time. I got to meet the pope then john paul the 2nd. Then what happened happened and my mother found herself representing bill clinton to the pope. How exciting for her. It was a challenge. I guess it was. E. J. This morning quotes somebody who says the most noted earnize i earnizing modernizing thing this pope did was to retire, get
Historian and priest ronald examines the role religion plays. The report is that the progressive evangelicalism is a factor in winning the 1976 president ial election however the same evangelical population that supported the president s First Campaign in the searc sear him four years later in favor of Ronald Reagan. This is just over an hour. Welcome. Its a pleasure for me tonight to introduce randall who is the family professor of arts and sciences at dartmouth college. I have followed his career for a long time. His undergraduate work was done where my father was 18 and my brother attended that school at the same time and randy has turned into one of our great modern american historians. One of the things that makes him great is that he minds the resources of the president ial libraries. He has come here to the Carter Library and has gone through and found a very interesting document that other people have not seen before and he has done that at other president ial libraries. Combin