Dan Gross on the latest jobs report: Wages must go up for the economy to improve
“The underlying problem in the economy isn’t uncertainty and it isn’t taxes. It’s demand.” —Dan Gross watch video
“The underlying problem in the economy isn’t uncertainty and it isn’t taxes. It’s demand.” —Dan Gross watch video
“I think there is this sense — maybe fear among the Democrats, hope among the Republicans — that the stock market would start tanking in anticipation of the cliff and thus drive the Democrats to deal sooner rather than later.” [...] watch video
“More infrastructure spending, changes at the Fed, better stimulus, helping the states so they don’t keep firing people — they need to do more of that to get more job growth.” —Dan Gross watch video
“It is not the government’s job in a recession to fire a bunch of good middle-class government workers.” —Felix Salmon watch video
“Let me give you an alternative statement the president could have made: ‘JPMorgan — led by Jamie Dimon — led all the banks trying to eviscerate, destroy and create the very loopholes that let them then risk $2 billion of [...] watch video
“The private sector has actually been doing really well. Our economy is now larger than it was before the crisis.” — Dan Gross watch video
Marci Gonzalez, Debby Hampton, Michael Hastings, Eric Boehlert, Mark Everson, Tina Dupuy, Harrison Greenbaum and Janine Brito.