w we've seen a large oversized american flag over here. they're certainly ready for him. we've seen campaigns that have mixed reactions about the president's visit. this is part of his base. i think it serves him well to come here, kate. >> thank you, nick. thank you for joining me. "inside politics" with john king starts right now. welcome to "inside politics." i'm john king. thank you for starting your day with us. the market was gangbusters, but march is telling us a different story. the coronavirus is raising a global mission. bernie sanders won the michigan primary four years ago. joe biden is hoping his work on that big auto industry bailout

gives him some blue collar credibility. and mr. trump makes it crystal clear that he doesn't think ever about asking his predecessor for advice. >> i was told by president obama sitting in the oval office in probably our only meeting, essentially. that was enough for me. but i was told -- >> and you haven't talked to him since? >> i was at the funeral of president bush, sat next to him, and i said hello, and then i said goodbye. that's about it. >> we begin the hour with the economy. numbers from last month clashing with today's reality. the coronavirus crisis is putting the brakes on growth and raising the risks of the u.s. and a global recession. impressive top numbers this morning. 273,000 jobs added last month. unemployment back to a 50-year low. by itself, an election year gift to the president. >> the job numbers were tremendous, and we picked up

close to 80,000 new jobs from last report. and if you add that up, it's over 350,000 jobs. the job numbers just came out a little while ago, and they were shocking to the people that were analyzing. >> but there is just no way of avoiding the that was then, this is now. february's jobs growth was before coronavirus concerns spiralled into a coronavirus crisis. the president was speaking there as he signed a multibillion-dollar coronavirus plan. the president trying to find a silver lining. >> a lot of people are staying here and they're going to be doing their business here, they're going to be traveling here, and they'll be going to resorts here. so far people come, but we're going to have americans staying home instead of going and spending their money in other countries, and maybe that's one of the reasons the job numbers are so good. we've had a lot of travel inside

the usa. >> more on the president's comments and his options in a moment. but first inside the new numbers with our chief business correspondent, christine romans. >> john, this is the rearview mirror for the american economy, and look at that, a very strong jobs market at the end of last year heading into these winter months. look at february, 273,000 net new jobs, same as january. december revised higher. this is the strongest jobs growth we've seen in a year and a half, almost two years. it brings the unemployment rate down to 3.5%. that is a 50-year low. really instructive where the jobs growth was, in health care. bars and restaurants have seen a surge in hiring over the past two or three months. ironically, these are the jobs that have less vulgarity and

paid time. this was unseasonably warm weather in january. mason work, tree cut, all these kinds of jobs seeing an awful lot of activity in the month. again, john, this is the rearview mirror. 3% wage growth, very strong jobs growth. this is before corporate america had kind of a reckoning with the coronavirus risk. john? >> christine romans, appreciate the numbers there. let's look forward now. with me to share their reporting, cnn's kaitlan collins, the economics editor of the "washington post," chief economist from analytics. james, you look at this report about the economy last month and then you look at what's happening in the markets, you look at the markets analysis in a minute about what might be around the corner, and this is like them leading a nascar race that suddenly hits the wall. >> it's amazing what happens,

having one of the most economic runs in the last two years where they're talking about government assistance in the airline industry. just in two weeks, we've seen trillions of dollars erased from the stock market. this virus is spreading. the white house has been having some happy talk about get into the stock market, it's going to be okay. things are changing by the day and not in the way the white house wants. these numbers are good, it shows the economy had some momentum. now the momentum has disappeared and we don't know what's going to happen next. >> on the screen here, there are a couple slides with the impact of what a global recession could be. you look at this map and it's sad, it's stunning in the sense you believe this is a pandemic, and if it continues, a good chung of the globe, including the united states there, is going to go into the red, into recession as we go into the months ahead. if you bring it back at home, the united states economic outlook, you have a line that says, here's where we are and

here's about where we were. things were looking better and then this giant precipitous dip if it gets worse. how guaranteed is that? >> it's not guaranteed, john. if the cdc is right, and the virus is widespread and we have school closings and daycare centers and businesses can't operate, then recession seems more than likely. but it's not guaranteed. obviously, we'll have to see how the virus plays out. if you buy into the cdc's scenario, it's going to be pretty tough to avoid an economic downturn. >> if you look at the jobs report, again, any president running for reelection would love it, and an economist would look at it and say, wow, this economic situation, almost three months of economic growth. what's the hit from the coronavirus? >> those numbers were inflated

and we had really warm weather over the past couple months. even if we didn't have the virus, the numbers were going to get dead ahead and the numbers would be on the soft side in the next two or three months because there would be payback for that. there was also census hiring for the census taking, and that will come out in numbers as we move through the summer. but now you have the virus. the virus is going to be very disruptive. it already is. business is responding. they're shutting down travel for their employees. they're battening down the hatches and they're not doing any hiring. think about the hiring process. you can't have people come in for interviews, that type of thing, so i think the jobs market will be weaker, even if we don't have a recession, if the cdc is wrong and we don't have a long virus, the jobs market is going to be weak over the next couple months. >> the president signed a bill for the coronavirus, 8 billion

plus, more than they even asked for, but the president signed it. the president was asked about the economy he wants. the fed just gave him a number, and the president says, i want more. >> we have a fed that is not exactly proactive. i'm being very nice when i say that. i think what happens is the fed should cut and the fed should stimulate, and they should do that because other countries are doing it and it puts us at a competitive disadvantage. sdp >> the economics of this, kaitlan, how much more can the fed do? you mentioned you and your colleagues at the administration is considering tax breaks and tax recessions to the industry being hardest hit. >> there's not much we can do. when the virus is spreading, people aren't going to buy a new refrigerator because they're fearful of the future. it's not because the interest rates are high. the fed has done what they can do to make interest rates lower, and now it's going to be up to

the officials and the health department to see what they can do to protect the economy. the feds are almost the bullet at this point. >> and the market reacts to what the president says. the president has kind of been all over the place. you have new reporting about the mixed advice he's getting as he listens to the experts and listens to his white house team. as he does, he picks up the phone and listens to people outside the white house. >> because he likes to have his opinions reinforced. he'll call someone who will tell us what he wants to hear, and that's something we are seeing happening with this. you're seeing some people from the cdc, the vice president, the coronavirus task force, giving a sobering analysis of what's to come, what they do not know, and then you see the president's economic adviser saying, this is contained. those are things the president wants to hear, but those are things we do not know. there are no health officials

backing up statements like that. so they are trying to hammer these points to the president, briefing him twice a day on this. but it's other people giving him information he does want to hear, so it's creating mixed messages coming out of the white house. >> mark, i'm not sure this is a fair question but i'm asking it, anyway. when you look at the jitters people have about the coronavirus, how legitimate are worries about factories closing, people aren't spending money? how much of it is lack of confidence when the president says a vaccine will be out very soon and experts say, no, no, it's going to be a year and a half, so on and so forth? >> i think it's all of the above. clearly they're worried about the economy and the prospects of a recession. they're also worried that the federal government can't do much here. the reserve is already close to zero, there is no way to maneuver it.

and on top of it, the trump administration in congress, can they come together and pass some legislation that's really going to help this economy out? it doesn't harbor well when larry kudlow comes out and says, no big deal, we're not that worried about it. well, if you're not that worried about it, markets are, and i think you should really think about what to do if things go off the rails here. >> in the middle of all this, dealing with the crisis before us and the coronavirus impact, the president said at the town hall last night, don't you care about the federal debt? this is a president who long-term debt went way up. he was asked this question last night and fox news said, you can't get to the structural problem of the debt unless you deal with entitlement, social security. >> if you don't cut something in entitlement, you won't deal with that.

>> we'll be cutting it, but we'll also have growth like you've never had before, which the context of entitlement changes. it doesn't make a lot of sense. the president getting on today and saying, i will protect your social security and medicare, just as i have the last three years. the president said one thing that his political team was aghast at what he said. it's separate from the current issues in the economy, but it's another example of mixed messages. >> this has been a pattern that the president has had since he's run on the campaign trail. he essentially tries to make this argument so he pleases both sides of the aisle. yes, i'm making these cuts. no, i'm not, i'm going to protect your entitlements that people have grown accustomed to with some of his supporters. this is done time and time again. it's really hard to explain how many times the president has tried to have both ways on this. he did it just last year. every time we have this discussion and the president says both things and tries to essentially please both

audiences. >> we're a trillion-dollar deficit, and we're talking about tax cuts and more spending, and that's going to make deficits bigger. they're looking next year at not record growth, weak growth. >> in the worst case scenario. mark lays out possible global recession. we'll move on to politics, and when we come back, michigan is the big state next time. bernie sanders got it last time, joe biden wants to take it away this time.

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does anybody seriously think that a candidate who takes money from wall street and the drug companies and superpac is going to stand up for the working class and make the real changes that we need? >> that was bernie sanders campaigning in arizona yesterday. he's on his way to michigan today. michigan is the biggest prize next tuesday, super tuesday 2.0. it's interesting, bernie sanders was supposed to go to

mississippi. joe biden is expected to win there on tuesday. joe biden was going to go there and cut the margins. instead he's off to michigan to campaign in that state. you heard him say, who is going to represent the blue collar worker? bernie sanders is expecting to do in 2020 what he did in 2016. it was this state that served big notice that hillary clinton was for real. it also underscored some of her weaknesses in blue collar industrial states like michigan. remember, in the general election, president trump went to very innarrowly win michigan. as we come to 2020, bernie sanders says, wait a minute, i'm going to fight for these blue collar voters. it's a really interesting state in the sense that michigan has a couple different dynamics. on the one hand, it has a higher population of white voters by percentage than the national average, 75% to 60%.

it also has 14.of black voters to 13% in the u.s. it's a test whether biden can turn out african-americans in the midwest and urban areas as he did in the south. both candidates now competing hard, both candidates focusing on blue collar jobs. >> i've been with the auto workers since 2008. america has been decimated by the trade deal. every candidate has consistently opposed the trade deal, and that candidate is bernie sanders. >> we revitalize american jobs.

joe biden would be a better candidate. >> michigan is going to be fun. it's a very competitive state. it was competitive in the sanders race, it was competitive in the trump race. now joe biden has the delegate lead. needs a win, needs to prove the 2016 magic is still there, but biden thinks he can take this away, that his current momentum will become wow momentum. >> yes, bernie sanders wins with working class white people in michigan last time around, but this time he is fighting insurmountable odds with joe biden. he was supposed to come out in the super tuesday contest and the first four contests that frankly didn't happen, and he only has the city of ann arbor to give him those young votes, anyway. i think it will be a hill for bernie sanders to climb.

people like slotkin endorsed joe biden in the last hour. >> the african-american lieutenant governor endorsed him this morning. bernie sanders tries to use this to his advantage saying, here's the establishment and the elites organizing against me, but there's no question that joe biden is not only putting names at the top of the letterhead but also people who have consistent action on the ground. >> the question has always been for bernie sanders, we knew he had a high floor, a strong base of support. what is his ceiling? how high can he expand his coalition? what we saw on super tuesday, he just didn't do that. the people who were supposed to turn out for him didn't surge the polls. there was a turnout, but that turnout went to joe biden. latinos have stayed fairly constant.

now we see joe biden making inroads with a group of voters that was really bernie's base and in michigan working class men. it looks like it's going to be a tough race in michigan, and it doesn't look at all that bernie sanders has a lock on it, even though he won it last time around. so that's part of why everyone is looking to the state for clues for how this is all going to shake out going forward. >> you see sanders changing his schedule and he gets the urgency he here. he was going to mississippi. if you look at what joe biden did on super tuesday. if you're sanders, you want to go in there, do the best you can, get some delegates. the fact that he said never mind and went to michigan tells me he understands. this is why the math matters. we continue to allocate delegates from the super tuesday contest. we're still counting in california and other states. joe biden at 604 delegates to 534 for bernie sanders,

elizabeth warren dropped out with 43. 604 to 534. michigan is the biggest prize next weekme. biden thought he would be catching up this week. what he's doing now is pulling away some. >> sanders in michigan is a telltale sign of where he thinks his campaign is. we saw him sort of switch in the last couple days. we saw him do attack ads which he wasn't doing before, talking about security cuts. but florida, illinois, ohio, i think he's hoping to win michigan or keep enough momentum to go into those states and stay alive. let's see what his posture is this weekend when he's up there trying to rally the vote? does he continue to attack biden or does he focus on himself and try to position himself as the one and only frontrunner to take on trump? >> if he can do this in the context of the 2016 campaign,

everyone was like, sanders is real, sanders is real, and boom, he within wion against clinton. he went on to win pennsylvania. university poll shows the president's approval rating is slightly under water in michigan, but on the economy, 52% approve of the job the president is doing on the economy. 55% of voters in michigan say they are better off than they were four years ago. so the democrats think they can get michigan back, but these numbers tell you it's going to be a fight. >> and what the trump campaign is worried about is essentially they are seeing this moment for joe biden, and it's not because joe biden has become a better candidate, but people coalesce around him, the democrats obviously want someone who can beat trump and that's why you see him get this boost.

that worries the campaign because when people coalesce around one democrat and there's less chaos, which they've tried to capitalize on in the next month, they're worried those numbers will shift even further. michigan and pennsylvania are so crucial. that's the things they're watching. they're hoping after a little bit of time they'll be able to get those numbers a little bit closer together, but that's something internally they're watching very closely in the trump campaign. >> and you saw in the ad snippets we showed, joe biden touts his record on the blue collar worker. sanders criticizing him, you take superpac money, how can people support you, and joe biden says, give me a break. >> let's go to michigan, bernie, and see if that's true. i'm the guy that bailed out the

auto industry. this idea that my record is a problem. this is a guy that voted on the brady bill five times for background checks on people. i welcome the competition, bernie. >> it's going to be an interesting one, especially on the auto bailout. biden can say, i was on president obama's side early in the administration when we were deep in recession. the obama administration came in and made it stronger. sanders said, no argument there. >> it's really interesting to see how he says, joe, i'm very different with yfrom you, and j biden says, actually, we're very similar with our ties to blue collar. i think in a place like michigan that can really work to his advantage. >> sanders took it this time. sanders won michigan last time. fun times in the days ahead. elizabeth warren is mulling whether she should endorse.

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elizabeth warren is now out of the race and mulling weath i to endorse. there is no timetable or certainty she will voice a preference in the bernie sanders versus joe biden matchup. in an interview last night,

warren notes policy differences with former vice president joe biden. but she finds a lot to like in the person. >> we go back a long way. we were in the bankruptcy wars against each other. he is -- at least this is my view. he is exactly who he says he is. he is a decent guy, and i mean that in a good of decency. >> as for bernie sanders, the policies between warren and sanders mostly a match, but there's clearly frustration, even bad blood over campaign tactics and leadership. >> we are responsible for the people who claim to be our supporters and do really threatening, ugly, dangerous things to other people. >> have you ever talked to senator sanders about that? >> i have. >> what was that conversation like? >> it was short. yeah, we've talked about it. but i think it's a real problem.

>> that, i think ilt's a real problem. the short part saying, i wanted to talk about it, he wouldn't talk about it. do you read into that or that she's just getting out of the race and answering the question honestly, saying i agree with bo biden a lot and i think he's a decent guy? >> i don't think she'll feel pressured for an endorsement. i don't think we'll see her rush out the gate here. certainly there is some bad blood between her and bernie sanders, and i think there is also a sense that she got a little bit of a raw deal in terms of her gender, and when we talk about tbernie and the tax views, it's hard to separate it.

it's something she said she would talk more about when she announced she was leaving the race. it will be interesting to see how this all shakes out. certainly both camps are lobbying her very hard, but i do get the sense that she's not someone who will be pushed into making this decision. >> it would be interesting, her value, in a sense. the numbers show, a, why an endorsement might be helpful, and b, they talk about the sections. among white college women, this is among the states who have voted so far, white women, sanders does the best. warren had the least support from white college women. look at white non-college men. sanders got the most percentage in that vote, warren got the least. if you want to see an example of a woman being judged differently

than men, there you see it in those numbers. >> i think there is a lot of assumption that warren and bernie's ideas are identical, but people are just desperate to have a better president, and they're likely to go with joe who does well with white suburban women, and i think that makes nervousness for the bernie sanders campaign. he's called her once saying, we need you on our side. i don't know if that's going to happen. sdp >> there's the whole fight over his accusation that a woman couldn't be president, which bernie sanders has strongly denied that he said. if she does go on to endorse him, that is going to be something people are going to be discussing. >> on the left, there is a lot of pressure on her, saying bernie is back on his heels right now, bernie could use the help, you're a leader in the

progressive movement. we love you, you're awesome, but you're so awesome, isn't it time you come help us in a moment of need? a little history here, she did sit out in 2016 when liberals were mad add het her. she explained it this way in 2017. >> i thought it was a good thing. i thought it was good that bernie was out there, that hillary was out there, they were giving two different visions. when it was time, i went out there and fought once it was resolved so try to get hillary elected, and i would have done the same for bernie, no doubt about it. >> i'll call that the obama position. i'm waiting until it's clear, then i'll get involved. if that's what she's most comfortable with, that's what she wants to do, will she withstand the pressure, just wait until it's settled or will the pressure get too high and she'll have to pick?

>> i think she made it clear she's not giving in to anybody's pressure. she'll process things and do what she wants. i think with her there is an advantage of waiting, because continuing to have conversations with both men can press you on their policy positions, and if you can have an influence on their cabinet pick, why would you shut yourself out of that opportunity? >> while hillary was putting together her transition team and trying to figure out who would go in what slots, assuming the presidency, which essentially did not happen, warren and her team were there pushing for some people against other people they thought could further the warren economic agenda. i don't think she'll be pressured, and frankly, there is not much time for her to be pressured. this thing, depending on how michigan goes, could be headed toward a fairly imitable

conclusion. she just has to preserve her position. >> on march 10 and march 13, about 200 more delegates will be decided. as we go to break, 39 years ago, walter cronkite ending his 19-year run as anchor with the nbc evening news with a signoff and a promise to keep on working. >> i'll be back from time to time with special news reports and documentaries, and beginning in june every week with our science program universe. old anchor men don't fade away, they just keep coming back for more. and that's the way it is, friday, february 16, 1981. with some homemade biscuits! >>oh, that's so nice! and a little tip, geico could help you save on homeowners insurance. >>hmm! >>cookies! uhh, biscuits. >>mmmm,

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topping our political radar today, you can see the president getting a close-up look at tornado damage in nashville, tennessee this hour. the storm killed two dozen people, most of them in putnam county east of nashville. the president will then head to the cd krrc. today mitt romney plans to vote yes and back up subpoena records on joe biden and his son hunter. the president tried to pressure ukraine into investigating. senator romney previously expressed concerns that a probe would become too political and cause what he called a political

spectacle. a federal judge wants to look into the mueller report because he said attorney general barr cannot be trusted. the amount between what attorney general barr spent makes them wonder if he made a decision for the president. one of the most recognizable faces, hillary clinton. hillary clinton tells her side of the lewinsky story and a confrontation with her husband when he told her the truth. >> i can't believe this, i can't believe you lied. anyway, it was horrible. >> she said, you have to go tell your daughter. she said, that's worse than me. so i did that, which was awful. >> then last night, a very

different kind of interview for clinton. you see her here on bravo and this tongue in cheek quip. >> number one question for you, this is bravo. people want to know what your housewives' tag line would be. i heard that you came with one. >> okay. i'm neither as good or as bad as some people say. >> very good! >> that is pretty good. it's a reminder. i covered clinton back when she was first lady of arkansas. she's hilariously funny. that was lost a lot in 2016. in the reemergence in this documentary, she's also out doing some interviews? >> yeah, i think she wants to try to get back out there, and it's her right to do that. i think there are people in this democratic party that would prefer she wait until after the primary is done, that it doesn't

add anything given her demonstrative and her animosity with bernie sanders that she has not been too keen to hide during this primary. but it's her right to get out there and that's what we see her doing. >> the rabttle tour, -- rehabilitation tour, people literally hating her. now she's attempting to rebrand herself in a very hollywood way as a person who is human and made bad decisions. i think the big question is will this be seen as a vanity product or will people embrace her as a viable part of the party. i think people will tune her out and want her to go away. >> she clearly knows -- he does know what he's doing, but that was not the first time, either.

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pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. nancy pelosi loves her official title, speaker of the house. that puts her third on the democratic flow chart. so yes, she is the most powerful

woman in american politics. >> every time i get introduced as the most powerful woman, i almost cry because i think, i wish that were not true. i so wish we had a woman president of the united states. >> do you think a woman candidate could not beat donald trump? >> no. i think anyone could beat donald trump. >> the when will a woman be president question is front and center again, now that elizabeth warren has backed out of the presidential field. at one point it had six woman. tulsi gabbard is officially a candidate, but the nomination is really down to joe biden and bernie sanders. it seeks democrats to seek office in the "new york times" ad. the people who were most fired up and doing the work in 2018 were the so-called rtsz answer

moms, but i don't think the resistance moms knew where to go this time around. there is a lot of frustration among women. not just democrats. okay, so a woman can't win the presidency. we're coming back in 2020. why? >> i think a lot of women see donald trump as a presidential threat. they're very scared he'll win again. they revert back to what they know, which is men are president, and it makes the scenario that picking a woman is too risky in some way. nancy pelosi's comments is not new. i've been following this, and many following this race have heard this from female voters. female voters are more worried about having a female nominee. this is about sexism in their lives. you did not hear speaker pelosi and other powerful women in the party come out and say they

think it should have been a woman or this narrative needs to stop in some way. it's only after the fact you hear these voices and that's something the party will have to grapple with going forward. >> especially on the level. there was one female governor in connecticut. there are nine now in 2020, so there's progress being made on that front. it took us a little while to get there, but you see that up there. you did an interview with amy klobuchar when she left the race. she said biden and bernie ran for president before and they were most well known. they are deserving of this, but those were the facts. so i just don't see it as an indictment of women candidates.

i have often stepped back and wondered, well, is it -- were they looking for a man to run against donald trump? maybe in another election. i don't know. >> democrats loved elizabeth warren, but i checked in with them on super tuesday and they voted for biden because they said they didn't think warren could win and they wanted to support the candidate that could beat trump. >> women are so worried about what could happen, they're not voting what they think. >> the cultural moment also does tell people are more aware of sexism in their own lives, too, so they think it won't play out politically. thank you for joining us on "inside politics" today. i hope to see you back here on sunday morning. don't go anywhere. a lot of news today. brianna keilar starts after a quick break. have a good friday. ♪ everything your trip needs,

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i'm brianna keilar at the cnn washington headquarters. we start right now with the breakout of the coronavirus virus. worldwide we have passed the 100,000 mark on confirmed cases. this is nearly triple the total we saw on monday. and this morning president trump signed the new $8.3 billion coronavirus emergency funding bill that was passed overwhelmingly by congress. he said one upshot of the outbreak is that americans are ayg