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able to get the russians to help out in ousting assad. and what the heck is a higgs bozon and why should you care that astronauts found it? america s favorite astro physicist, neil degrasse tyson will explain it all. first, here s my take america has had one more bad month for jobs. 80,000 created last month. this seems a depressing piece of a pattern. over the last two decades, u.s. economic recoveries have tended to be slow and jobless. in every recession from 1948 to 1990, jobs came back to pre-recession levels six months after the economy returned to its pre-recession level. after the recession of the early 1990s, jobs came back 15 months later. after the slowdown of the early 2000s, jobs took 39 months to come back. this time, it may take about 60 months, five years, for employment to return to pre-recession levels, according to an analysis by mckinsey. what happened? well, over the past quarter century, two large forces have swept the world. globalization an ....
suffering? that is what my guest says. he is the head of the main syrian opposition group and is just back from moscow. we ll ask him whether he was able to get the russians to help out in ousting assad. and what the heck is a higgs bozon and why should you care that astronauts found it? neil degrasse tyson will explain it all. first, here s my take america has had one more bad month for jobs. only 8,000 created 80,000 created last month. this seems a depressing piece of a pattern. over the last two decades, u.s. economic recoveries have tended to be slow and jobless. in every recession from 1948 to 1990, jobs came back to prerecession levels six months after the economy returned to its prerecession level. after the recession of the early 1990s, jobs came back 15 months later. after the slowdown of the early 2000s, jobs took 39 months to come back. this time, it may take about 60 mon months, five years, for employment to return to prerecession levels, according ....
A way the needle can be threaded such that there s not pain ahead. we ve seen a real freezing up on american hiring. do you think that american companies, we re sitting on record breaking profits, are standing pat because they re concerned about europe and unknown quantities there? or are they concerned about the lack of agreement, the stalemate in washington, the possibility of a fiscal cliff when the bush tax cuts expire or both or all of it. or every bit of it. or is it the natural deleveraging that happens after you have a downturn that s caused by overleverage, we are sort of following the script for the slow growth t stop and go, the two steps forward, three steps back that occurs when one comes out of it certainly exacerbated by the fact we have the uncertainty in europe. i think what people are nervous about and should be nervous about, there s the part of europe that we understand and where the impacts could mean ....
Austerity based. please spaexplain that. well, i think paul krugman, our nobel laureate, columnist at the new york times said it well last week when he talked about, you know, how we re focusing too much on our concerns about debt and overleverage at the federal government level. now, i m not quite as extreme in my views as paul krugman. i do think that the cuts in the military that you talked about earlier in the show, the probable extinguishment of the bush tax cuts, which will help resolve some of the budget deficits, are an important way to begin showing fiscal responsibility in this country. last time we showed fiscal responsibility in this country, martin, was during the second clinton administration, and our economy took off. so i think some modicum of fiscal responsibility will be a boon to this economy. here s the problem, bill, i was in europe over the christmas holiday, and the uk, for example, is looking as though it s going to fall into recession again. and that gove ....
Please spaexplain that. well, i think paul krugman, our nobel laureate, columnist at the new york times said it well last week when he talked about, you know, how we re focusing too much on our concerns about debt and overleverage at the federal government level. now, i m not quite as extreme in my views as paul krugman. i do think that the cuts in the military that you talked about earlier in the show, the probable extinguishment of the bush tax cuts, which will help resolve some of the budget deficits, are an important way to begin showing fiscal responsibility in this country. last time we showed fiscal responsibility in this country, martin, was during the second clinton administration, and our economy took off. so i think some modicum of fiscal responsibility will be a boon to this economy. here s the problem, bill, i was in europe over the christmas holiday, and the uk, for example, is looking as though it s going to fall into recession again. and that government has chosen ....