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Detailed text transcripts for TV channel - FOXNEWS - 20110421:15:34:00

And what we re finding now is this has been the slowest job recovery coming out of a recession. the good news part of this picture, jenna, is that we ve been produce bg 250,000 new jobs we re month, for the last three or four-months. the problem is unemployment went so high during the recession that by my calculations, jenna, we would have to produce 250,000 net new jobs, every month, for three years, just to get the unemployment rate down to 8 percent. so i guess the message here to folks listening, if you ve got a job, hold on to it. jenna: that s a good message for all of u. isn t it steve? you mentioned this is the slowest recovery we ve seen out of a resession. how do we speed it up? i think this cuts to the very issue you just had your last segment on about taxes. i m a big believer this is not a good time to raise taxes on businesses. you have it exactly right in that report, the people are going to get hammered by the, quote, taxes on the rich, they re the employers of the co ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110421:15:33:00

Of him. authorities are saying they re going to have a press conference, 1:30 eastern time this afternoon to talk more about the developments in this case, potentially a motive. we two we re going to be speaking with the sheriff of jefferson county. we ll have the latest on the investigation coming up in a few minutes. happening now , 403,000 americans are filing unemployment. they re getting unemployment benefits for the very first time in the latest week and that s down from the week before. remember, we get this numbers every week, telling us what s going on in the labor market. some say, though, whatever the weekly number is, joblessness is a major risk, not only to our economy, but to others as well. steve more is senior economic writer for the wall street journal . the question that our viewers have, steve s. why is it still so high, why are so many americans filing for unemployment every week? jenna, this has been obviously the highest unemployment rate we ve had in about ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110218:16:04:00

Balance their budget every year and that s forcing local lawmakers from california to new york to make tough choices, in fact, so many of us are having to make tough choices. steve more, senior economic writer of the wall street journal , let s pick off of an example that mike was talking about in wisconsin. it seems that both sides, the unions and the lawmakers, are willing to take a look at the pension payments and health care cost, but they re really divided over collective bargaining. that s right. jenna: why include collective bargaining now in wisconsin, and is that a model for what we re going to see across the country? great question, jenna. and let me explain to your viewers, because this is a really important point that s been overlooked. what they re talking about doing in wisconsin is not getting rid of collective bargaining for salaries, and wages. but the benefits. and those are what really are out of control, and bankrupting states like wisconsin. and so many other ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110218:16:05:00

Bargaining for the health care and the pension benefits, and by the way, what governor walker was talking about is it would still allow teachers and firefighters and others to have much more generous pensions and medical benefits than most private sector workers get. but jenna, to your point, i do think you re going to see these kind of flare-ups really occur in many state capitols over the course of the next couple of months, as these new republican governors like scott walker in wisconsin take on take this issue by the horns of what to do about these public pensions. jenna: some tai if you take away collective bargaining from the benefits side of unions, steve, it really is union busting, you have taken away the power of organized labor in this country. do you agree with that? no, i don t. and wisconsin is a perfect example. let me just give folks a case study in what the wages and benefits are like in some of these places in wisconsin. in the milwaukee public school systems, o ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110218:16:08:00

Interesting, isn t it, that almost every industry dominated by unions, whether it s the postal service, the car industry, manufacturing, and now public sector, those are the ones that have gone broke. jenna: it s interesting to take a look at that and whether it s the system or the people doing the bargaining on both sides, responsible for this situation we re in. steve, good to see stkpwhraou politicians deserve a lot of blame here, because they re the ones who negotiated these wages, pensions, in the first place. jenna: certainly responsibility lies on both sides. steve, thank you very much. i agree. jenna: great to see stkpwhraou great to be with you, jenna. jon: a high profile investigation into a controversial mortgage program is now expanding. the new chairman of the house oversight committee, republican congressman darrell issa issuing his very first subpoena, targeting countrywide mortgage, the now-defunct firm, and its controversial vip loan program that might have given swe ....

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