explain it was your view is about what has gone wrong. he's had trouble answering some pretty basic questions about his relationship to his brother's record and he has had some campaign disarray. what is it that what is that gives people the idea this was more beleaguered that was? al: he hasn't had one of those moments where people say this guy is pretty good. scott walker had that in iowa. marco rubio has had that. to have a moment like that. the rubio entry was really not something they thought would happen. who talks, has appealed to the latino community.

head.ill go head to i don't think they were counting on that. it does make things more difficult for them. mark was talking about the two 's not ininent bush attendance down there. i ask you, how big a problem is .his bush overhang for him not so much with the general electorate. but just in terms of getting the republican nomination? al: it is going to be the worry people have that this is a guide we don't look to put up against hillary clinton. i think that is a problem that is real. he is going to have to do something about that. 41 8 or 9 months ago.

he is incredibly sharp but he is a bit frail and it think he would have trouble being there anyway. this was intended not to showcase "w. " him there andnt they don't want them to be pictured together right now. he can say you lets his brother -- i have no doubt he does -- but he does not love his role as politics right now. john: he is doing this announcement on the kendall campus. a very large university in florida. a huge minority population there. a lot of new immigrants. this is a speech designed to telegraph a general election message. here he comes, i believe. to the stage.h about to announce his running for president of the united 43rd --or he is the

united states. he is the 43rd governor of office. he has been out of office for eight years. as he bound to listen launches himself into the presidency of the united states. [applause] mr. bush: thank you all. thank you all. wow. [applause] [cheering] thank you so much. thank you.

mom, can you ask them to sit down, please? t why all very much. -- thank you all very much. i always feel welcome at miami-dade college. [applause] bush: this is a place to welcome everyone with their heart set on a future. a place where striving leads to success. [applause] bush: for all of us, it is just the place to be in the campaign that begins today. [applause] [cheering] mr. bush: thank you. [applause] [cheering]

thank you. [applause] bush: we are 17 months from the time for choosing. the stakes for america's future are as about as great as they come. our prosperity and our security are in the balance. so was opportunity in this nation where every life matters and everyone has the right to rise. [applause] mr. bush: already, the choice is taking shape. the party now in the white house is leading a no suspense primary for a no change election. power, just log on with the same agenda under another name. that is our opponents call to action. that is all they have left. [applause] bush: and you and i know

that america deserves better. [applause] mr. bush: they have offered a progressive agenda that includes everything but progress. they are responsible for the slowest economic recovery ever. the biggest debt increases ever. a massive tax increase on the middle class. the relentless buildup of the regulatory state and the swift, my most -- my most drawdown of a military that was generations -- mindless drawdown of the military that was generations of the making. i cannot eager to see what another four years will look like under that kind of leadership. not besidency should passed on from one liberal to the next.

here's what it comes down to. our country is on a very that course and the question is, what are we going to do about it? is -- whatn for me am i going to do about it? and i have decided i am a candidate for president of the united states of america. [applause] [cheering] [chanting] [applause]

mr. bush: we will take command of our future once again in this country. we list our sites again, make opportunity, and again, get the world moving our way again. we will take washington, the static capital of this dynamic country come and turn it out of the business of causing problems and get it back on the right side of free enterprise and freedom for all americans. [applause] mr. bush: i know we can fix this because i have done it. [applause] mr. bush: here and this great so diverse state that looks

much like america, so many challenges could be overcome if we could just get this economy growing at four strength. there's not a reason of the world why we cannot grow at a rate of 4% a year and that will be my goal as president. [applause] mr. bush: 4% growth and the 19 million new jobs that comes with it. [applause] mr. bush: economic growth that makes a difference for hard-working men and women who don't needed reminding of the economy is more than the stock market. growth that lists the middle class, the family's love not had a raise in 15 years, growth that makes a difference for everyone. it is possible. it can be done. [applause]

mr. bush: we made florida number one in job creation and small business creation. 1.3 million new jobs. 4.4% growth. higher family income. budgets and tax cuts eight years in a row that saved our people and businesses $19 billion. [applause] an bush: all of this plus upgrade to aaa. compared to the salary -- sorry downgrade of america. but as the commitment and record that turned this state around. i also used my veto power to protect our taxpayers from needless spending and if i am elected president come i will show congress how that is done. -- if i am elected as president,

i will show congress how that is done. [applause] [chanting] jeb!s go let's go jeb! thank you. think big and we have a tax code bill with smalltime thinking and self-interested politics.

what swarms of lobbyists have done, we can redo with a vast list simple decision, reducing rates for all. [applause] what the irs, and the entire bureaucracy have done undooverregulation, we can by act of congress and order of the president. [applause] federal regulation has gone far past the consent of the governed. it is time to start making rules for the rule makers. [applause] mr. bush: when we get serious about limited government, we can pursue the great and worthy goals america has gone too long without. we can build our future on solvency without borrow money. we can honor our commitments on

the strength of fiscal integrity. with north american resources and american ingenuity, we can finally achieved energy security for the nation and presidential leadership, we can make it happen within five years. [applause] >> [chanting] let's go jeb! let's go jeb! mr. bush: if we do all of this, if we do it relentlessly come and if we do it right, we will make the united states of america and economic superpower like no other. [applause] we will also challenge

the culture that has been lobbying the premier growth industry and our nations capital. [applause] mr. bush: the rest of the country struggles under big government will comfortable interest groups in washington have been driving on it. a self-serving attitude can take hold in any capital. i was the governor who refused to accept that as the normal all right way of conducting the people's business. i will not accept it as the standard in washington either. [applause] mr. bush: we do not need another president who holds the top spot among the pampered elites of washington. we need a president willing to challenge and disrupt the culture in our nations capital and i will be that president. [applause]

mr. bush: because i was a reforming governor, not another member of the club. there is no passing offers possibility when you are a governor. no blending into the legislative crowd or filing an amendment and calling that success. since nation has learned 2000 eight come executive experience is another term for preparation and there is no substitute for that. since 2000 eight, executive experience is another term for preparation. [applause] umag cleanup the mess in washington by looking the people who helped create it or have proven incapable of fixing it. [applause]

mr. bush: in government, if we get a few big things right, we can make life better for millions of people, especially it's in public schools. inc. of what we all watched not long ago in baltimore were so many young adults are walking around with no vision of a life beyond a life they know. it is a tragedy played out over and over again. after we reformed education in florida, low income student achievement improved here than any other state -- emperor of your more than any other state. [applause] stopped assessing kids along as a -- processing gets along as if we did not care because we do and you don't show that by counting out anyone's child. you give them all a chance. [applause] here is what i believe

-- when a school is just another dead end, every parent should have a right to send their child to a better school -- public, private, or charter. [applause] mr. bush: every school should have high standards and the federal government should have nothing to do with setting them. [applause] nationwide, if i am president, we will take the power of choice away from the unions and bureaucrats and give it back to parents. [applause]

mr. bush: we made sure of something else in florida. children with developmental challenges got a link and during attention just like every other girl and boy. [applause] mr. bush: we did not leave them last in line. we put them first in line does there not a problem, they are a priority. -- because they are not a problem, they are a priority. that is always our first instinct in this nation felt as charitable hearts but these have been rough years for religious territories and the leading democratic candidates recently hinted at more trouble to come. secretary clinton insists that when the progressive agenda encounters religious beliefs to the contrary, those beliefs have to be changed. that is what she said.

[booing] mr. bush: that is what she said and i guess we can at least thank her for the warning. [applause] the most galling example is the treatment of the little sisters of the poor, a christian charity that aired two boys objections of conscience to obama care. the net present needs to make it clear that great charities need no federal obstruction in doing the right thing. -- instruction in doing the right thing. [applause] mr. bush: it comes down to a choice between the little sisters and big brother and i am going with the sisters. [applause]

[cheering] it is still a mystery valentines, the president thought it relevant at a prayer breakfast to bring up the crusades. americans don't need lectures on the middle ages when we are dealing abroad with modern horrors committed by fanatics. from the beginning, our president has been so eager to be the history makers that they failed to be the peacemakers. was -- with their foreign

policies, the team is leading a legacy of crises uncontained. violence unopposed. enemies unnamed. friends undefended. alliances are unraveling. [applause] mr. bush: the supposedly administration is running as a riskght into the greatest of all -- military inferiority. it will go on automatically until a president steps in to build our armed forces and take care of our troops and veterans. they have my word, i will do it. [applause] >> [chanting u-s-a!

mr. bush: we keep dependable friends budding dependable ourselves. i will rebuild our vital friendships and that starts by standing with the brave state of israel. [applause] mr. bush: american alliances need rebuilding also an better judgment is called for. 90 miles to ourselves, there is talk of a state visit by our outgoing president -- but we don't need a glorified tourist to go to have been in

support of a failed cuba. [applause] mr. bush: we need an american president to go to a van a in solidarity with a free cuban people and i am ready to be that president. [applause] mr. bush: great things like that can really happen and in this country of ours, the most improbable things can happen as well. take that from a guy who met his first president on the day he theborn and his second on

day he was brought home from the hospital. [laughter] [applause] mr. bush: the person who handle both introductions here today -- she is watching what i say and frankly, with all these reporters around, i am watching what she do. -- too. please say hello to my mother, barbara bush. [applause]

mr. bush: by the way -- [laughter] [applause] mr. bush: by the way, just so that our friends now, the next president of the united states will pass meaningful immigration reform so that will be solved him and not the executive order. [applause]

mr. bush: you have been listening to jeb bush announcing his presidency for -- candidacy for the president. for more, you can go to bloomberg.com. by bloomberg west. coming up next. stay with us. lots more on bloomberg tv. ♪

. .

just because i'm away from my desk doesn't mean i'm not working. comcast business understands that. their wifi isn't just fast near the router. it's fast in the break room. fast in the conference room. fast in tom's office. fast in other tom's office. fast in the foyer [pronounced foy-yer] or is it foyer [pronounced foy-yay]? fast in the hallway. i feel like i've been here before. switch now and get the fastest wifi everywhere. comcast business. built for business.

emily: alibaba is building its answer to netflix and hbo. we have everything you need to know about jack ma's online video plan. i'm emily chang and this is mainmberg west." uber's rival in china's super sizing its valuation. will it to terror the ceo's grand chinese land? ibm is scoring hundreds of millions of dollars in data technology. we will hear about their new center