Certainly the trend is there for more job growth but I think we have a structural problem with employment in this country and most of the jobs lost are not coming back
Sorry folks, lost a question in there. Paul just answered this: Do you see any threats to the Congressional Budget Office’s prediction that 12 million jobs will be created over the next four years regardless of who is president?
This "recovery" is very typical for post financial crisis. Slow, frustrating growth with higher unemployment.
I believe after the next recession in 2013 or 2014, we are going to make real headway on the jobs front, but those will be very different jobs from those we lost.
Regardless of who is pres, I think we will see recession in '13 or '14.
Whether you agree or not, the markets like Ben Bernanke. Mitt Romney has talked tough with getting rid of Bailout Ben if he is the president. I don't think the markets will respond favorably.
Re the "fiscal cliff", I think the ONLY real solution is a compromise liek we saw with Reagan and Tip O'Neill and Clinton and Gingrich
$4 in spending cuts for every $1 in tax hikes
Each side gives a little and gets a little. They both walk away saying they didn't like the deal, but it was the best they could cut.
I do not believe the fiscal cliff goes unresolved. We could go over it in January until the stock market falls sharply and then see the "geniuses" in Washington fix it retroactively
8,896 of Burlington's 15,149 registered voters had voted by 3 pm. Town clerk Amy Warfield is seeing people who haven't voted "in years."
It's been split but pretty much as expected with hospital stocks benefiting. Health insurance stocks like Cigna and United and Aetna has been all over the place. BIg pharma like Merck, Pfizer and Lilly have done great
Frankly, I am a bit surprised that we haven't seen more weakness in some these winners over the past few weeks.
Thanks very much for coming on today, Paul.
Gold is something where the president's agenda will really be felt. A Romney victory with spending cuts is definiely bearish for gold.
The last guest today is Scott Tinker, State Geologist of Texas, and director of the University of Bureau of Economic Geology and the acting Associate Dean for Research in the Jackson School of Geosciences. He and director Harry Lynch created the documentary "Switch: To a Smarter Energy Future," which investigates how America gets its energy and how it might gradually transition away from fossil fuels. Can you tell us a bit about the film, Scott?
U.S. VIRGIN ISLANDS -- A non-binding referendum is on the ballot: "Are you in favor of the legislature enacting legislation that allows for the production, processing, manufacturing and distribution of industrial hemp in the Virgin Islands?" Feedback on the issue has been mixed.
Switch is a film that addresses the global energy scene. Where we get energy today and where we might get it in the future. Pros and cons of each form and what the transition looks like. We have been told by many that it is more objective than other films on energy.