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Against the kind of grover norquistian asymmetry. i think they can get that. i m not sure we end up at 396 for the top rate, but i think they will get that. i think probably by giving some on the entitlements as is in their opening bid, they will be able to get back to perhaps some of the stimulus ideas as well. certainly on the taxes. and maybe something on the near term to help the economy. i ve been talking to a number of republican offices. one thing i ve come to think has become a problem in the negotiation says republicans, aside from premium support in medicare, which they know they can t get, they actually don t flow what medicare cuts they want. they don t know what a middle ground is for them on entitlements. how do you see that part of the negotiation going. republicans don t have a set of, here are our asks, and here is what can you give us. that s part of why they want obama to tell them what they want. the president is starting out in the right place. ....
Serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a lot to workers, their paychecks, job availability. i m very happy to see that was in there. when you look at the white house s proposal, what do you think they think they can actually get? i think they think they can get the increase in the top rates. that s the biggest kind of thing to finally break the mold on that, to really push back against the kind of grover norquist ian asymmetry. i think they can get that. i m not sure we end up at 396 for the top rate, but i think they will get that. i think probably by giving some on the entitlements as is in their opening bid, they will be able to get back to perhaps some of the stimulus ideas as well. certainly on the taxes. and maybe something on the near term to help the economy. i ve been talking to a number of republican offices. one thing i ve come to think has ....
Profits and worker wages over the past couple of years. that top line that keeps going up and up and even after it is interrupted quickly goes up and up again, those are corporate profits. they are doing great. the bottom line that doesn t go up and still has not gotten back on track, those are wages. here s another. this graph shows payroll growth in 2011. the blue lines are public sector jobs. red lines are private sector jobs. every month this year, we added private sector jobs. we added 1.5 million of them in 2o 11, we lost public sector jobs and more than 250,000 of them. they have been a huge drag on growth. not only are profits doing far better than wages, but private sector payrolls are growing and government payrolls are drinking. in terms of what president obama himself is propoeting, his two major stimulus ideas were first ....
Firefighters, who have lost their jobs due to budget cuts, which sounds a lot like something the president said in a radio interview today. we ve got the capacity right now to help local school districts make sure that they re not laying off more teachers. we haven t been as aggressive as we need to, both at the state and federal level. the president added that he predicts the jobs proposal he is planning to unveil next week could create an additional one million jobs in the u.s., but according to one report, the broad strokes of the plan are still up in the air. president obama is reportedly torn between going big and proposing sweeping stimulus ideas to draw contrast with the gop who are unlikely to actually pass these proposals in the house or a more modest and narrow agenda that has a better chance of getting passed by republicans. to help me sort through these plans, joining me now is ....
Something the president said in a radio interview today. we ve got the capacity right now to help local school districts make sure that they re not laying off more teachers. we haven t been as aggressive as we need to, both at the state and federal level. the president added that he predicts the jobs proposal he is planning to unveil next week could create an additional one million jobs in the u.s., but according to one report, the broad strokes of the plan are still up in the air. president obama is reportedly torn between going big and proposing sweeping stimulus ideas to draw contrast with the gop who are unlikely to actually pass these proposals in the house or a more modest and narrow agenda that has a better chance of getting passed by republicans. to help me sort through these plans, joining me now is economist dean baker, ....