shto rhe bucal ga c fha, spirouy

the $17 billion wafo sandy i pptethat. thawaanhe portion waunea thameric people ar coassionate ppl we hp r sts and her otrs we ao wanto keure there ccntabily hd rn t dlars a snt prer. atheimiteed kehi i indicedn this less so, tebo pursing the relie d for accountabili. rieanfoa --ccountability. oongt the nate race w in theta, u veav duke who is runninana t publicans inhe sta have

en dconcerd th h desi tjump ithrace. what dyou think abouhi being tac are you ccerned this will further hurt t party'sbity w in vember? se cassidy: y c't sp a amic citizen fm inwh herheiss d felon liked davidid. thgois trying make a ro th cvied bance -- fons do not havthrit to r a a republican ithfure theyreakg rehe attoeyarokith it. , a tiredidates r force oic p out a twt d saidwhile was wearing a unirmdad ke was wearg set and had a piurofavuk k ofiin h

we cant op somebody from dog what they wi tdo onheth hd,ooks or try to sepatthemseess much fks are tin to separatthsees as much psie. >>eels like thiss s ment tothe suns cpad 92 you coerd athat lgue anth trere lot o whe sremacists w he come t the woodwork and are supporting trump and h a could haven pa o the pay locay a nioll gog toheuture? n.asdy this ishe ngest convsaon' ever d oudadukin h anuncedis canda. lisna, its noneve. vienot for w others

democrs llaka t of hay ouofhi he's t vid fms. h's t risri ihe lland pelere not talking abouhim. th ithlo cversation 've had abo him. this is a nent >> l'talk about whais goinonn whitoover the ne f weeks p y a returning otuda fewee, you e retuingn tuesy. whato you e happenin septemr. ? prevti aovnmt shutwnzi mey, d. a ofhatapning -o u e y ttapni? se csidy: ihi treill beomso odister fding cke. se a havto be drse before we lt, wvod a ckage icwould haveunded ka. founatel docts opse

zika h come tohe coinental uned states. ourhonge can erme fferens and st tha rimuhyromonnectut d arwoinn meal al bl. it is a snificant piecef giatn. thcoanion echas artie past t hse house.sd e billhawould la to nih fuin we wilhave a busseemr. s tinto connect the other disasr li wh kao maket glalacge? se csidy: ianmanehat beg e se alofhadendmoney. cld seet inpuin one packagth mes. weavnot be tre habe imywnta visiti folks

ha n bn eangith leerip dousct thawi bth case. ay wcan talk more aut licsndatnay. eay this haseea gh uslea a gooyect i r rubca for the ste ses to go back a fth how doou thi t health of e puic party is geray? noth you he dheru anhianim- phemen d to binifficulty f as holdingheene sen. csidy: it pes. if y lk artovernohi and ouhoe of prentatis,e are ro. epublins- have 24 reblans runninfo eltion. the odds aregasts terms of t nbeof seats expos.

i inth messa tt have ptty good. lawlth ce s t en good. sunce copiesreaing premms amarcoins to be a adig. it ianss which theart op wish have somehae for. miatn,ol are conceed out it th m n le . ump's approa b they do nav where the esenhabe. y g aosth reryou castay. atee tbehe pition. the amic pplarno the. some of e messages -- it seem tooidown to mr. trp' rsality innowh pele like aspposedo me tsss. i think where thises are reblanorhe mart op

ar arehe the arin peop ar >>ouooatovno brnback ksa treee toav bn biof a ph ck ain se t me stdent cservative position onpending in some stat h wod not he expected. doothinkouia wld ve -orivyes ago, do not thi myeoe ul thk atouisiana wouldav decr goverr. halkou tk at up at u n.asdyouavtooo athaise iue oo lo at john kicin h ia rple statendas neel inouia, we haa confluen oevts oil pricefe dramacay. barrel.0 a

loof theta ren ces fromhaprice. i'nosangheovno could have me ffen cisions, b wn uavthe in e situation isoi selar faoritould b tough for y veor. ultimatelygoverns swer t thpele if ty makeoo decio, they areot bk. the fact wowa jotyn theationhips in ow tt geral, e market people like e y ei stesreoverne like theayople theistesre gerd. ifouooat t governorip listures and usof repsentatives, we veointedolwing. qte aolwi. >>ilrylions leading in thpos w. you don't nto ccede that e's gogoinbu ish

doeswh dyothink shgt wldookik w ula public hsend mayba repubcar moat seteou bab tco wi alion presinc se cassi: i tnkt better to y at the predent se t te d w e esiden behav tards t ngress thpridt is t o pso whse t te rehan any otr. congssidotarfo boledi heada cisiono rkit congre. hendewgingrich and other ma aotf gnict fos. weare rerms e exame. pridt reagawago fries thip o'il eyake quite loof progssvethough the moatwe hti. presidenoba s t de a oueach. saidhaonc

oba s a rolexs wa for -- meta-for -- metapr for fos o are differen srery clintonsleed esiden iope weind coon roess at w to e ti. wi pntuttwthingshe s aoued i am taking point ming hpen, favorf mental hlt rorm a h asked for rep h w reontoubc al emgeie-- ramtoowe reon tpuiceah emerncs. doing w rpond tpuic almeenestanghe lics outf it. tting lls ere they a ed aaplyo aow toe edorefctel she hasome oufosu a sitions ll the wille ming aun dyo seepeakerya

anlalion sitngowand tangho ohieynd rkg t aropriaon kw, brians a eat amic. he wl rkitwhever h nes wk make somehi happen. clrly the a pitians -- politics, apeere repren. is n a dictor. on theth hand,hoever the wilwo whe the presidentorheooof r uny. whe dage,he wl attti a w wi wk t atenon tsi and we will work outhat tensi. we h previous esen a evusongress wh at teion anweave be ae to wo together. >> talki about the prede

woin wh gislators. hay idugsted that if moatrein t sat th shoulresit th lister re and limithe usage. mory,own e woulyonolike to ha the filibuer? se cassi: iyolook a obamacare icemnsopar premiu rising npul priums rin 6 i the yr. was de on aartisabas. unke any other piece o leslatio medica, deca cil rhts. the s ro bartisan suor pitive ds a do a. the ce omareit w -- endurg. the ce of omacareit has ver been accepted. the wdoon botsis

thaie. aywe noside ntto ng wh to cperi, comprose, we wl d up wh wsha reflect o ps's partisan pition but not wt is best r e uny as a whol >> like ur predeceorusit on t aroiaonomttee leader mcconne me igus to get this cknrack. you have had relately lited suesonha can yotalk authaa tt bi hodoouee uimelth press fiinitlf o either later ts arr perhaps t nt administrati? n.asdyi llisagre haunr ader mcnnl,eplicansav goen theenate cko gular order. ong the thgse veasd t last oears, a repea

and replace it of no cldeft bend e contl t done. hiwatrsptaonill. comprehenveddti recovery a. onhe cusp of pasng a mta health bil we repealed obacare ahough e esenvetoedt. anthe keto pele. i uld list fe re inne sseunder reblan na we ha begin -egun to oucop whhhings are cop whhhis --

kera t let'kethood easve esleboor thehhi judaism. happinesis a sio pbl. e stop e cmien. joing in t cveatn with urho clsndweets. efote h adinin h t

2000. ho this is way of looking how the '90arvery differentroth 00roth's.his is grp aercentage of the grou thiss the growth iea decade. th iwh happens in th 2000s and iss what happened in 1970.

iteans t change of immigrion as a percentagof the group and the w-ild grp,o u see ery decade this is alstpwdsoong. meeting immiatn increased. lyeally in the 's at the flow olo'gold was ineango who the he -- to the other. was ineasinghigroup up to the her. but any other parentit wasot ve mh. ife are tting in 2000 is is t election grge bush vers agore tn ybe we veo keep in mindhi dedeimgratiodid matter. is is how the wages inha ri, so you think of immigration hurting e oup ere they gin thearst part yr image of tha ifouhi oimmigration

hurting th group before they go. the 's looks like tha and urma oth. e fear thawhh ineqli ineased. so immrationhould of h behind ithe less ecad. ok at the natiolevel i think the number of ryarto explaianofhiincreased eqli. atbout t local level? it it is rtainly tr iignt are veryarul dtrute in among dierent gis but the's a ngrati tus lol miatn laws. th he not founmuch of an fect othwa athlocal level. anth'what pple have moved t nional vel they saideslol gion are not closed econo ppl

eris l of research. t let me sumrize iwi a rentaper we did to juswr itp. iigti has a local effect and it impornt that pridentu's -- oppssg ges, it shlde neti effectf wages and mostkis or wages in general of worke. ey're goingo there the wage. ough to esblh this corratn causal orot ifhere is noorlaon it means at leastarof the foes this is a atr ot of e ange in the vertical as.or thincrease of immigrant has a rcta of the labor rce.

r l e u.s. labor marke broken dn dad f eh decade. aiisore imgration depress wages yohave obrv aegative coelion. atou are observing is th positive correlati. plotu do e mecaer fothchange of eloymentor thchangemplement rheth wages of nive worker, yoge ploto in tms of correlatn zero. u ve zercorrelation wi emoyment at a lileosiv coeliowi average wages if you break wes io -- naib] you can see now ch matter of posive laoniphat it is correlatiothat find relave

poti creti wh e educated.coege lksikto summari ts ory, laborarketshe a lot of iigntwhen, for re ild d e me in ever hemaet, ev grew little such. ishat because of correlaon you start ruinreesons angain, just wt ge you an idea. y inclu aotf controls and eects, whatou g i that ultimaty,heoeicient theorrelationr low's goldageselative to miatn is aut zo. for college-educate ts is uet the calevr the state or gi.

even if yotrtoddss this causal poi, and ain itven --conomies a to isatthe trying tosolate the part of immigratiofls sty -- bprerceof immignt based on the yr eyrer gog or of the greate mian wt a not attractive bjo seet even if you isolate tt so-cle supply push and you ul timate average wage ungeof thos y fd esseially al nonsignifican effec on thwage othose go. -- low sll. in a sense, th edee seems to say tt e lative numbe nfnother to crea a -- feiv aggregate at the loc lel, thevidence

th has been a key markeis -- accumated is th there is tt effec particularly lile on e wages of low educat a me lile bit positive eecon the wage of thhigh educated. t spend the last onana half minutes, i llakit in teend half minutes, i was a ulthere be some the research, resechers ve studied meanisms thama ssiblehe idea th miatn fects posive igs nive woer th are not the same type of works. they take jobs that make us e ving up y they spiazen jobs thaarmo muaor tdr. e natives are avg. o helngnent the prodtivityf ti workers ev when ey are simir. this would bst wages.

sometimesusthe type of chlo bed on e worker th use. they tend not tose mor meanatn a ty nd to use the thnogth us immian me intenselyha inea pductivity. th use thnogy that uses migrants me intensely an mas themncrease their odtity finally thlol ve imgrtsonmelsan , generate penal hher frayf goods anservices which are supped andhi uld also be a anl increase ipotity -- productivit t one has t ftu t veheay did on a ry imrtt posivefft miation, one is to look to highkied immigration its aar percentage terms part of immigration and er are severawhsait's ucial

atmmrants are crucl enncg any crsing innoti we. i will add couplofords on th pticulay science, particular sence, chlo, engineering and math worker wch are a vy rg percengef foreign born seem tooost produivity. if y ain h vion of mian aa are of the population and go fromeople thome coege public to op with ahdheilse that iignts ar concentted t vy ghnd of education. abt 30% o p a immignts. you n calculate t effec of this assuming theris sive pduivity of this oup. increases iovation.

ju treferring to a paper we wre,e lcate increasing workedutohe inead p t visa that was paedn e'90s and then withdrawn t 20,ay theslocal productivityueo thnflow aut 5fo collegedated and 2% for nocollege-educated. i'm gointoraitp and m going toayhathagegate level i ink th tseite in ihowed shows if immigrtsavanmpact on any part of thwa dtrution it wain the '90anitasin of normal relative to the he decades. beeoc levelits sitivity. many good reontohi i therwalittleit of a gave effect, manotr

kiles cldavofett or generad positive aect. inarticular highkied imgration can help aan impoancoritor. thk you. sorry. [alause] >> nexweavev lewis - new w awis --t ofessor atartmouth clege. soat professor and afliated with the nationbureau c as y have heard, isounds expert in the pa of imgration on trreneurip. telo other elated ids. he haslspuisd in multipt urlsn these a otr pics. >> high.

thank you for vi mhe today. t immigration habeen in the news aot latelyndhe'a lot of competing aims o tre about wh the impact extly of miation . what i thought wldo r you daiso kd an ive yoa kind of orvw of how econostthk ou the labor rket iact, what impactt has workers, and, founatel a lot of the thingsoueen e ess and in the pubc li datstem fr misconceptions about at exactly th iacis wa ttry to get past the firsangeto what we undeta tough all our idencendorstying immiation,haimct to , and iald my talk s

that's three dels i've got to gethe in 20 minutes. i better jump in. ofn the way these tas with migration or even in t public policy bas, the ncn about immigriosts sillfrom looking ali the lae mbs. thbalines se ghdit number that represen the mb oimgrts living thu. sth mt have som huge impaconurorkers. i'm i'm gog bicly argue todath focus on the number, the of the nbeof immigrants t wrong wayo inabt immigration but i ll geto th. ten inhe kinofebates the is a kind of an explicit comparison tanhelarge number which is like t nbe ofneloyed people. u e adlines like ts. usage this policy beffr

adca odesi. her's emple, the numb o ilgal immigrantsutmb the nuer of unemploy nives. i's aicle here and if y wa tcall it that, d is partular aicle was drawing onwo sepate unrelated source rent estimates of the nuer of illalmmigrants and the blreport on the numb o emoy. it did me e nkorou. it's ofteli implit t the arment is clear. if seh wgoriof allhe pey immigrants, there wod all esjob opings f naveborn workers and the unplme rate uld go down. ishatr? th bngmeo wrong model nuernehich is whe t loc ts eaks down, it cos tnkg there's a fixed number ojo. if the ia xenuer of jobs, one miancos , meate s t le their b for e mianto t a jo just wt point outha

ecomistsavanrgument ait isoint of view f a ve lg me. there waancomi i18 caedav slo who turned, ca uwith ts rm theov of laboroly. yby'veeard this before. argan shorter urwi genera more jobs sa kd of argument. ecomtsavbeen auing agnsth f aery long ti, and it'ju ts cky id tt lloto ay. let lemeta bshinuss --he is noa xenuer of u.s.obthunited stas. h dbl. it doesn'alyso . erare ressns. ece,p tt coer, itasot been th great. it'the ris slow growth wilreortoethe elg,otheeality but the elg athecomys zero-s.

buits t. reo the inthe'a ge dy of sechndionn ow se t edee at decy outhis ect question. th h bn udd and stieanstudieemrill iigrantdisplace, r evy immianth cesn how nyatesosthr b? anbacay whathepst isesrcis thexa opsite othat kind spl inking to s atorve erican whoom i n on do aative not losehe job buanhi is li alit increa, rehaonjob ead. ovni tald ousome o threonfoth n aey --ut a keynes tha immigrantsre notusshin upnducking mon o oth u. enomy bviuef in here. ey areonmers. eyemd l the in ty ed to livehoin clothg, teaien ecera. anas thas rult that by itlf aosengh to nerate ou jobs eloy

themsees buonopf athe's al thotr chis that gian ao lud , the fa tt ara scial is -- iignt speale dierent jobs i'm gettintohendf talk a ieehis keha the'sulyemd anls by whi ty isproduc dirsy tt tn ud o one t mt siy obvious eshi h bn studied is imgrtsaise t derty rtaants ianrea. this isenat eloent. so this nyhaels byhi ey can acto isthnuer of js th tn crset. go bk t mivion fo this tk ich ishasimple logiabout fid mb o bsea ectly t wng li conclio ife und all the immigrtsndenth he, th wldoslikelyeato inea inavenemploen

not decrea. the mb ojo wlde stroyebyhis. . iopthe auen lks pret repveo e idea th ts fixenuer of bs eas pretty wkyutt'so rvive i thought h t be ido. l's t to the nt veof sophistication ofrom model whh is what abouwas.e thprab sn piure li th. wa othy is nuerf rks t x-axi then aowarslinline call the laboremd curve. eyo't uay llou whe atom fm. why ist opg'll comba ? i'llom bk tt a mitedihave t supply rvanyocadr iuprd opg if you want, it's fine. i do sprid bdrinth mber owoer tt d

li. in mkeecomindust sileod, icis the inrsecti osulynd dend y a wke cp e ke -- wage has gdo. n't th rht indeedhe'a per by very omenlar onomist at rvd sillsangith e titlofhi w t lor ma cves wnrdlong grsi t rt upo boeconomt veorgot that bac onomic anadcacy oanation took his numberque riouslan eyame upitth eime atmmraons stg pa $,000 aear. this was p up bymaybe it' o low to see, a neti pulati gwtinrporated ici'ner hearof is it al cting ual $20 ye. ateing the nms of

imgrioift were tru as dtmthrofessors n' alyselve whathhaar gu say. this oneur o tbe nsse i'll expinarul wt mean by at th bngme to wngod nuer twowhh is itus outh loremd rvth mes from ts fallio suti that stocofapal isix. if youaven'hed e rm pital ock the we ecomi e it, basillth rerto l e heinputsn e econombesides woerto tt ode output. this is theibudis,ovy diri, r mperan miopne eceterabut we -- tt u the u prucouut th ia subsntl rtf the ecom thtools we work wh are reonblfo ahi oth gd sohente reas f t piur tt downrdlong

dendur ithasmption th tt ocofapalan ner an. sohat haenin this ki of ovsilifyinye othe wo --ieofheor iwh mian come , e amount tlseoe veo rk wi gs wn the's less capit f eh worker two wh. maybeoulrdylsto my xtf iciscomist d' believe this aal i can staragn th ptt mp ft athe capal stk n fixed this ialadev for wke tes e pil ocofhe u. f wkehaal me thanouedn e st0 ars. lemexpinhyhis doesn' rely hapn, whaimmigratio --hymmration doe' al detthamntf capital pewoer i n illustra iwi a er psol exame. spo tt giovni immigreso e u.s.nd then fixed capil ocusofhe wod,hawod happ i becae e ocofapitals

xe hwill he sha a ofceitsomeone anyoha to sre cpur s with medy becseou ca't t anhecout. i lle less produivif i she th him a martcomymyages wi he to gowfr pce to he . atvey mp exale illuras itisiky haen rli igoing ate ulbe a lot more odtive iheasiswn mper d it inothat eensive for m. e's erms turn on pil r m just y mper that'whitoesn'really haen. wh enomistsais in e lo run the loremd curv isometely rizont, at e nd of pital stocto inba cital wke to att s fore iigtion i

. in theong ru enostet i fun of sathis a l tus o wnota abouthe anf hun feme we're talngbo rht away. e ason isile. inonast with the big numbe shedt eeginni oth nuerf mian t aual , ril iignts tohe s.reui sll. erective, me th is le othe nuer of rkers at eh yeaju fm basicalli's inp d tengheab fce y a owi t iahat the economy adstusfi t tul puti growth, a unless y wk at t nional

egive polaon growth cooredyoarprab ok en you will bekawi t eahat the ki ocata stock adjustme ifi wh migratn. the lasthi i wilpoint out out th ithat $2500 number, threont'absurdnd nsense is cesita ry rticul way ocauling e impa, which ist sud l mlion immignts ling in t iarved yesterday and the capital stochano time to adju. that'abrd ft, whahaen is they came in over the last 50ea and the capitastk padil time t aus all ght, so those e my t wrong models in the bomarket and torose youhe right mol.hewe wrongn extly thsame w. you' -- thewereoced on e ablute numbeoforrs congntthe u. rlly wh maers instead isothe