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finally, if you thought american debt was worthless, think again. i ll explain. but first, here s my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000, the highest since the financial crisis began in may 2008. the nasdaq is actually at its highest level since the technology bubble burst more than a decade ago. now, stock prices around everything, but data from the economy on the ground is also slowly getting better. jobless claims are down. housing starts are up. things do seem to be getting better, slowly, as i said, but surely. this is all good news for president obama because there is a very strong correlation between economic growth and a president s prospects for re-election. the unemployment numbers are still pretty high, but they are also falling. also, many models suggest that unemployment is not the crucial statistic to determine whether a president will win re-election. most people, after all, are ....
finally, if you thought american debt was worthless, think again. i ll explain. first, here is my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000. the highest since the financial crisis began in may 2008. things do seem to be getting better. this is good news for president obama because there s a strong co-correlation between economic growth and a president s prospects for re-election. the unemployment numbers are still pretty high, but they are also falling. also, many models issing that unemployment is not the crucial statistic to determine whether a president will win re-election. most people after all are employed. it is the rise in per capita gdp. the average person s income rise that determines whether they feel things are getting better and, thus, whether they will vote for the incumbent or seek a change. so does that mean that the economy and the president are in good shape? well, they re in better s ....
You can call this class warfare all you want. but asking a billionaire to pay as much as his secretary in taxes, most americans would call that common sense. no feature of the american presidency has as in previous moment of national danger we americans are all in the same boat. we drift, quarreling and paralyzed over a niagara of death we are all suffer regardless of income, race, gender or other category. megyn: joining me now to discuss it, our panel, half democrats, half republicans. does the president strike a note that s going to sell with the electorate here? may can, i worked for bill clinton and we consciously tried to bring together in the state of the union. i think regrettably while class ....
No feature of the obama presidency constant efforts to divide us to curry some and castigate go others. we americans are all in the same boat. if we drift, qearlg and paralyzed over a niagra of debt we will all suffer regardless of income, laugh, gender or other categories. if we fail to shift to a pro jobs, pro-growth economic policy they ll never be enough public revenue to pay for our safety net, national security or whatever size government we decide to have. as a loyal opposition who puts patriotism and national success ahead of party or ideology or any self-interest anyone who joins us in the cause of growth is our ally and our friend. we will speak the language of kent. let us rebuild our finances and the safety at this net and ....
No feature of the obama presidency constant efforts to divide us to curry some and castigate go others. we americans are all in the same boat. if we drift, qearlg and paralyzed over a niagra of debt we will all suffer regardless of income, laugh, gender or other categories. if we fail to shift to a pro jobs, pro-growth economic policy they ll never be enough public revenue to pay for our safety net, national security or whatever size government we decide to have. as a loyal opposition who puts patriotism and national success ahead of party or ideology or any self-interest anyone who joins us in the cause of growth is our ally and our friend. we will speak the language of kent. let us rebuild our finances and the safety at this net and ....