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Kind of just let 2 million families it should be extended in my view. the 7% unemployment rate is about where the unemployment rate is in the typical recession. it s still very difficult. if you consider the people who were under employed and given the low wage growth, i think the economy is much too weak at this point. the way the current emergency iu program is structured it does phase out as unemployment rates come in, then people get less emergency ui. it happens state by state. the way it s structured phases out. there s still unemployment benefits. this is just extended unemployment benefits we re talking about. do you argue, mark? no, i don t. i think the lengthy unemployment benefits have created a real problem and we ve created this class of folks who are unemployed for longer than a year that is very, very difficult to reconnect to society. i think the highest priority right now is to develop programs for the long term unemployed who are having a really hard time even ....
Nearly 4 in 10 say it s getting worse. joining me now, kevin has set, former economic adviser to mitt romney, new york times economic policy reporter annie lowry, and mark stazandi. is this real? the worst has happened and we re on the road to recovery, yes? yes. i think we re clearly in a strong recovery now. if you look at the inflection and the data over the last couple months, it s really the best couple of months i have seen since the great recession began. consumer confidence is soaring. auto sales jumped up to 16.4 million above the 16 million number which is kind of like the 98.6 for the economy. everything is looking good. it s that rare moment where we seem to be right on the verge of a boom. wow. could something mess with it? oh, yeah, sure. i m very excited as well, but it s not going to be a straight line. there s two big hurdles in the next few months. the first is the battles in ....