both of entering into a growing middle class market, there is access to new government contracts, there is the impact on sustainable and resilient supply chains, and also the geopolitics of this. this is an area which is hugely important and the uk will be at the heart of developing an emerging market over the coming ten years. let s take a look now atjust what the uk is signing up to and what difference it might make to the economy. nicky schiller has been crunching the numbers. cptpp crunching the numbers. is a bit of a mouthful to sa it cptpp is a bit of a mouthful to say. it is the comprehensive and progressive agreement for trans pacific partnership. it is a club of the 11 nations with 500 million people. the countries are australia, brunei, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore and vietnam. together they
of the economy suffering the last few years. health care have been creating jobs why a lot of women are employed and that plays into the shift in the kind of pattern that is actually reflecting. a couple of numbers on how this has hit the middle class. 80% of women report that they are not spending enough time with their kids because they have to work so hard and 90% of men are saying the same thing. of the long-term employed people 40% of the people out of work for at least 18 months are saying i m sorry. 40% of the people who have been out of work for 18 months are saying they have lost contact with their close friends. so you have this it s a huge social upheaval that is happening. we talk about stock market going great but how about the middle class market? it s going down. david, final word. that is, i think, one of the key questions can we create enough jobs to sustain the middle class. the point is a good one to make. asset prices are rising but a small group of people
traitor? even jon stewart is making fun of the media s lack of interest in ron paul. what gives? a new york times columnist throws his weight behind the creation of a third party. tom friedman on beltway gridlock, the economy and why the coverage of politics reminds him of epsn. yahoo! digs up allegations that money, cars sex were improperly provided to university of miami athletes. i m howard kurtz and this is reliable sources . he s an instant front-runner in some polls, but he hasn t had an easy ride in his first week as apartment candidate. he drew plenty of attention from veracious political pundits, most of it negative, especially true when he said if the fed chairman keeps printing money and said that would be almost treasonous. isn t perry crossing the line with all of this talking about treason, talking about black cloud over the country? isn t this way over the line? bad way to start. you don t want to accuse the federal reserve chairman of being guilty of
of ethiopia who thanked us for our development aid, but said all the investment in ethiopia is coming from china. and all across africa because they see africa as a source of raw materials and energy and a developing middle class market for them. they re looking ahead. we start with the premise, government cannot pick winners and losers in a market economy. what they re doing is creating a global plan to become a global economic force and we re standing back and saying, it will evolve. let s underline this. this is a critical point for americans to understand. let s step back from the political in-fighting. americans need to understand while we ve been fighting wars in afghanistan and iraq and now the possibility of iran, china has quietly been investing in venezuela, in iran, africa, making strategic moves. so while we make ourselves more weary as a country, they re investing and planning. no question about it. half of the steel manufactured
gary b says it s like 10,000 tax cuts for consumers so d.c. take note. is this the stimulus that america needs, gary? absolutely, leave it to a private company to get it right. the greatest wealth creator in maybe the history of the universe cutting all of these prices. brenda, look who benefits, wal-mart the company benefits, customers obviously benefit, the community around them benefits. even the union employees at wal-mart benefit because wal-mart grows bigger and bot ton line they ll take in more revenue than with higher prices. that s the lesson that the government should learn, if they lower taxes like reagan did . mike you want to say higher prices or lower prices. gary, before we give them a nobel prize, let s figure out what they re doing, they ve lost the middle class market, they don t want to shop at wal-mart