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tv   The Daily Rundown  MSNBC  April 5, 2013 6:00am-7:00am PDT

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the bell." >> roger ebert, i wanted to say, his passing is very sad. what an amazing film critic and great career, too. >> great career. >> economy is still in a world of pain. we have to do something about it. >> we really do. mika? >> i think we should end the week by talking about the best-looking attorney general, bo biden. >> i don't need to -- all right, richard, you're right, a lot of people are hurting. let's get people back to work. it's way too early. >> now it is time for "daily rundown." >> chuck. the breaking jobs news this hour and it's a big disappointment. only 88,000 jobs added in the month of march. analysts had expected as many as 200,000. and more people are dropping out of the workforce. the labor force participation rate is at its lowest point in 34 years.
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also this morning, we'll talk to the runoff rival who could become the first woman mayor of los angeles. will that city get more motivated to vote than it was for the primary? plus, scott brown knew he'd have to change jobs after losing re-election, but could he change states to get his old job back? >> good morning from the internet. >> it's friday, april 5th, 2013. >> this is "daily rundown." >> now, here's chuck todd. >> little ben smithing going on there. thanks to the staff at buzzfeed.om. we'll have much more on the new jobs report in a moment with our friendly neighborhood jobs expert moody's mark zandy. let's get right to my first read of the morning. president obama had a choice of two paths to take for weeks when it comes to his budget, as we waited for the 2014 budget and we wondered if he would release a pie in the sky wish list or a serious offer to congressional republicans to get them back to the negotiate aing table?
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well, we now have an early answer. he has selected door number two. next wednesday, president obama will send a budget to capitol hill. that is substantially is to the right of what congressional democrats have passed. instead of the usual presidential wish list, it will reaffirm the elements of the final compromise the president offered to speaker boehner last year. that means some cuts or adjustments to how social security benefits are calculated and some real cuts to medicare. the white house budget proposes a new formula, which reduces cost of living adjustment social security. that's where some folks call it cuts and a reduction in benefits. in turn, it does reduce benefits and part of what is called chained cpi. takes $400 billion out of medicare, primarily made up of reduced payments to doctors, hospitals and drug companies. the budget would increase the payroll tax on high-income medicare beneficiaries. president's budget also includes a new tax hike. a tobacco tax that is the paid
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for for the president's universal pre-k initiative. that is something the president outlined in his state of the union address. proposes some new infrastructure spending. came after a debate inside the white house. a fear by doing this, it would appear the white house is negotiating from the middle and, frankly, with itself and, sure enough, the left is howling. former labor secretary robert rice in "huffington post" said the sfauloing. "democrats invented social security and have been protecting it for almost 80 years. they shouldn't be leading the charge against it. two-thirds of senior citizens rely on social security for half their income." the president has defended this publicly. >> david, as you know, one of the proposals we made is something called chain cpi, which sounds technical but makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among
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democrats. not something supported by arp but in pursuit of strengthening social security for the long term, i'm willing to make those decisions. >> the fact of the matter is, had the white house decided to withhold chain cpi from the budget not being serious would come fast and furious from republicans and taken hold and those in the white house where they have opportunity to deal. the president has been out in the public defending the idea as changing the cpi as a budget tool. why back off now? the only way the president's budget was going to be relevant coming two months late and after the house and senate already passed theirs was to use it as an attempt to start negotiation. that's what the white house calculated. the administration is making one caveat very clear. white house officials quoted in "new york times" quoting the following. the things like cpi that republican leaders have pushed hard for will only be accepted if congressional republicans are willing to do more on revenues. revenues is code for taxes. president's budget offer
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includes more than $600 billion and in addition to the tobacco tax, capped tax deductions claimed by the wealthy at 28%. by the way, that idea has been in every single obama budget and has never made it into law. also put a $3 million limit on tax deferred retirement accounts. allow beneficiaries to receive and the president's saving through spending cuts. in the white house that adds up to $4.3 trillion in total deficit reduction since 2010. the republican leaders in the senate and the house, speaker boehner and mitch mcconnell have made it clear, revenues are a sticking point. >> the president understands we have some long-term spending that we need to deal with. but, he's going to hold hostage the fact that he wants to raise taxes on the american people, again.
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that's not going to get us very far. >> the view, i think, of every republican in the house or senate is he got his revenue. >> so, with that in mind, the president will hold another dinner when a dozen senate republicans on the same day he releases his budget. little coincidental but happens that way anyway. next wednesday night. this time it's isaacson making the invites. the bottom line, if republicans are stuck on revenues, nothing will happen. if a deal happens, it will likely begin in the senate. can the president find a working group in these dinners to come up with a deal that does include revenues? well, if it's friday, it's time for our daily rundown 2016 round up. so for the week, we've decided this will be known as the hillary week. the first of many, probably. the thing we learned, though, is that it doesn't take much to start a conversation about hillary clinton's presidential ambitions. that shouldn't be a surprise, a reminder how easily she can dominate a political news cycle. in fact, moments from now,
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giving her second high-profile speech in a week. this time at the women in the world summit in new york. every time clinton steps on stage, the obsessive speculation about hir political future follows. clinton world is highly aware of that and carefully orchestrated its response. downplaying the frenzy while mentioning what a formidable frontrunner she would be. >> people just aren't getting ahead of themselves, they're getting ahead of her. it really, 60 days has been the blink of an eye. an a election that is 1,300 days away. >> well the vice president, you know, but i think most democrats feel like it's kind of her turn. >> to that end, carville is now lending his name to the "ready for hillary super-pac." in a fund-raising solicitation yesterday he told potential supporters it isn't worth squat to have the fastest car on the
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race track if there isn't any gas in the tank. dramatic moments during her tenure, including the killing of osama bin laden, the overthrow of gadhafi regime in libya and the arab spring. national journal points out that conveniently puts her book tour right when democratic congressional and gubernatorial candidates would welcome her help on the campaign trail. another guy who will be out on the trail in 2014 vice president biden all too aware of his underdog status. being biden, that stroke of genius audio series addresses that elephant in the room. his appearance on stage this week with hillary clinton. >> i want to tell you about this photo. this is a picture of my friend, hillary clinton, and me, standing backstage at the kennedy center. hillary and i strongly believe that any cultural norm that result in the guise of religion
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or righteousness that results in discounting or disenfranchising or disrespecting or battering a woman is simply not acceptable. >> this week a poll shows that the only republican candidate who can keep clinton under 50 is governor chris christie. rubio 52-40. jeb bush 54-38. biden, by the way, leads bush, paul and rubio and trails christie. could it be a matchup of republicans. christie drops a little bit and rubio leads the field, no candidate gets above 19% of the vote, though. and being the new head of the republican governor association has not stopped one of the guys who is not in the top five. louisiana governor bobby jindal from criticizing the gop. did it again at a republican fund-raiser in mississippi this week. he also talked about 2016. >> the party tried to run an election with just criticizing
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incumbent without offering enough of a proactive vision connecting with every voter showing how fiscally conservative policies could help every american join the middle class. anybody thinking about running for president needs to have their head examined. we, as a party, need to be focused on winning the debate. way too early for folks to think about that. >> the public call for the senate to go slow over the weekend. that didn't stop colleague ted cruz from ripping rubio's cause on hannity's show on monday. >> the part that i have deep concerns about is any path to citizenship for those who are here illegally. i think that is profundally unfair. anyone who has a green card is eligible for citizenship within five years. and so if someone can get a green card, that is a path to citizenship. >> potential 16ers just happen to find themselves headlining events in new hampshire, south carolina and iowa.
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it is packed there. back to the jobs report. a tremendously disappointing number in terms of job growth, even though the unemployment rate did go down. 88,000 jobs were added in march. at the same time, the rate fell to 7.6%. some of the reasons, both the number of employed and unemployed americans fell last month. in fact, the labor participation rate in march fell to 63.3%. it's the lowest number since may of 1979. number of jobs added was less than half of what analysts had been expecting. they were, however, significant upward revisions for january and february for what it's worth. the number in january was revised from 119 to 148,000. the number in february was revised from 236,000 to 268,000. add those revisions to the march figure and you get 149,000 jobs added. that would have been a more tolerable number, that's not how it's calculated. looking at it sector by sector. business did best. up 51,000.
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23,000 in health care were added and 18,000 jobs in the construction industry and retail was way down, in terms of government jobs unclear whether sequester has taken hold. just 7,000 jobs per loss. so, let's bring in mark zandy, chief economist for moody's analyt analytics. a punch in this gut type of numbers. you feel the same way? >> it was disappointing, no doubt. the number as you point out overstates the weakness in the economy. we saw upward revisions to the previous two months and hours worked increased and that is a good sign, but, yeah, no matter how you slice it, a disappointing number. it indicates that the economy is still not really gaining traction. it's not taking off. >> and this seems to be a pattern and there would have been some folks in the white house woo were concerned about this a couple weeks agoe. in 2010, 2011 and 2012. great first quarters as far as the economic outlook. looked like everything was
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moving. spring hits and we start seeing a softening. same pattern, again? >> yeah, i think so. you know some of that is just statistical data measurement issues regarding seasonal adjustment. i won't bore you with the details, but it overstates the strength in the early part of the year and overstates the weakness as we move into the spring. but, you know, we have been hit by some pretty significant things in the spring, summer of each of those years. european debt crisis and fiscal issues and now, i think, we have budget cuts in the form of the sequester. i don't think the march numbers reflect that at all. we will see thatty w as we moveo the summer months. >> the lower participation rate overall. what does that tell you? >> it indicates that people are still having a hard time finding work. they can't find jobs that are suitable. that, you know, easy to commute to. that have a pay, a scale that would be reasonable. so, they're still stepping out of the workforce. some of it is demographic.
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the population is aging and a lot more folks like me retiring and retirement ages are up. you will see participation rates decline. this is much beyond that in reflects of soft economy. >> mark zandi, our favorite person to have here on jobs day. thanks for coming on. we'll see you next month. still to come, we'll get the white house take. the first one on the jobs report post sequester. up next, the deep dive in the future of political advertising. first a look ahead at today's politics planner. because of various scheduling issues, the president's easter prayer breakfast is today. that is going to be happening in a little bit. we'll bring you some highlights, if necessary. you're watching "daily rundown" right here on msnbc. carfirmation.
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as you know, nearly $1 billion went into tv advertising during last year's general election campaign. how much more will be spent in years to come? today a deep dive into the future of political advertising. before we look forward, let's look back at the last two presidential campaigns to see how the money race has changed. got to have a little map here for everybody, right? by the end of 2008, over $600 million had been spent on television ads. record-breaking numbers at the time. about two-thirds spent in the general election. more money than was ever raised before. the other third in the primary. in that primary, if you look here. hillary clinton ended up raising $46 million to obama's $74 million. by the way, if she runs in 2016.
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between them they spent $120 million to run ads a record 223,000 times. over on the other side john mccain spent $12 million and one-tenth of what the two top democrats spent that year. that trend did continu in the general election. barack obama and his team laid out $226 million for advertising, far outpacing john mccain and his team. republican nominees spent $162 million. but those numbers would pale in comparison even though they were record breakers at the time. last year with different campaign financial rules in place, team romney, thanks to superpac spent $401 million. president and his supporters of outside groups laid out just over $400 million, almost all of it by the campaign, though, itself. so, how did all of that money translate into vote? let's look at the amount of money spent in some of the swing
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states that year. the president, how, excuse me for that. $74 million for that, spent in iowa. roughly $12 million for each of the state's six electoral votes. in virginia, $11.7 million. ohio just a hair under $11 million and 10 million each for nevada's six electoral votes. so, stunning numbers in what was a pretty small battlefield. joining me now, elizabeth, she has a lot of titles, vice president of cantar media and contributing editor of cook political report and also my predecessor as political director at msnbc news and one of my greatest friends that i know and have. >> the last two are the nicest titles. >> somebody like me complaining of a lot of titles shouldn't be complaining. >> the last two aren't on my business card. >> you spent the last year
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looking at tv advertisement and all this stuff and all of us looking at different trends. what does this mean for 2016? you know, 2004 told us nothing what 2008 was going to look like. we didn't know about superpacs in 2008. probably a tough exercise. the one thing i took away from 2012 was not the amount of money spent, the amount of actual tv ads made. >> that's right. and because the obama campaign was so smart about spending its money and getting the most for its money, they were able to get the most bang for their buck in ads and that's a tactic that you will see republicans borrowing in 2016. >> did it come to think -- even though the obama campaign was outspent, did they end up airing more ads than the romney campaign? >> let me -- >> the romney campaign spent more money, but the obama campaign aired more ads? >> that's right. i assume you're talking about
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romney campaign republican groups. republican groups pay more to air their ads but less bang for their buck because they charge higher rates. they air fewer spots. >> part of it had to do with where obama also bought ad time. he didn't buy ad time in traditional places. is that fair? >> he bought time in more innovative, on more innovative platforms and democrats can do more advertisinadvertising. republicans tend to have audiences more around more expensive programming like primetime. >> one of the other things you guys noted was the number of markets. so, you know, one of the things that a lot of people made a big deal out of was in 2008, 188 media markets saw presidential level advertising and in 2012 83 markets saw it. what a shrinking battlefield. but you point out, 2004, 77 markets.
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so, basically 2008 was the outliar and 2012 was the norm of what the presidential battleground looks like. >> i think in 2008, you had people sort of testing the water to see if they can make places competitive that wound up not being competitive and a lot of those 188 markets didn't see that much presidential advertising, they saw some. but, really, you're talking about a third or less than a third of all media markets seeing presidential advertising. >> so, presidential campaign television advertising spending, $3 billion industry now in four years. it will probably, probably be four, maybe $5 billion if you look at the rate of growth by 2016. but what is interesting is that it still pales in comparison. only one year of insurance ads. one year of educational ads and then colleges, trade schools and university of phoenix. things like that. and six months of auto ads. this isn't a lot of advertising. >> it isn't a lot but feels like a lot. you don't see people going home
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at the end of the day saying if i see another car ads. >> there are more car ads than political ads. >> they tend to advertise on the network that costs more money. more about delivering a message, not a lot of creativity goes into them and often they're quite depressing. the harshness and the grittiness of the political ad stands out for people. >> what did you learn about cable this time that was radically different from four years earlier? >> just much more use, especially by the democrats of local cable. obama was basically on the air with local cable for six months of the campaign. the romney campaign was on the air for about a month and a half towards the end. much more use of the different opportunities to reach particular niche audiences. you can air fewer ads during a day, so, you air them over a longer period of time. but if you're aiming for women, you can advertise on local cable channels that are geared towards women and that is more impactful than advertising on a network
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program that will have strong women audience. >> 2004 that perfected microtargeting and in 2012, looks like it was the democrats. thanks for coming on. >> thank you. as we go to break, live pictures here at the annual women in the world summit going on in new york city this weekend as we told you earlier, former secretary of state hillary clinton is speaking now. her second high-profile speech of the week. she must be running for president, right? speaking of women breaking new ground, daily rundown mayoral madness continues. next with the woman vying to become the first female mayor of los angeles. who is the most recent ex-senator to become a u.s. senate nominee in a different state? something scott brown is thinking about doing. first person to tweet me the correct answer @chucktodd and @dailyrundown. it is not bob smith.
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he never won an actual nomination in florida. so, i'll give you that hint. we'll be right back. ♪
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city council president i have been acting mayor over three dozen times in times of crisis, ready to hit the ground running. and then, third, you know, i bring a global vision. i used to teach international relations and i myself a mix of different backgrounds. >> that was eric garsedi on the weeks a couple weeks ago. mayor of america's second largest city. his opponent wendy gruel who would become l.a.'s first woman mayor if elected. the runoff is set for may 21st and shifting into higher gear as both sides. just announced an endorsement from kevin james, who they both beat in the primary. backing from former president bill clinton and fellow californian nancy pelosi. oh, by the way, magic johnson, as well. wendy joins me now. good morning.
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city controller. >> good morning, chuck. nice to be on your show this morning. >> i want to start with the basic question when it comes to you and mr. garsedi. do you agree that there is not much difference between the two of you? >> i disagree. i have a variety of background and experience. i have been in the public sector and private sector. i have been the independent fiscal watchdog and worked in dreamworks studios and worked in a family business. i have been able to get jobs into los angeles and focus on the issues that are important to the residents of los angeles. >> what is the single biggest problem facing los angeles right now? >> jobs. economic development. we have a high unemployment rate. higher than the national average. the thing the mayor is going to do, the next mayor as wendy greuel is going to focus in on job creation. creating opportunities for our young people and getting people back to work. i'm going to lead l.a. forward.
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>> it seems as if, though, the biggest problem facing the next mayor is this budget issue, which, frankly, a lot of mayors are dealing with around the country and a lot of governors and the federal government itself. so, how do you plan on going about that? i know you announced a plan to cut sort of the budgets of the mayor's office and the city, but that's a drop, as we know, not a lot of money. the real issue has to do with pensions, right sph. >> well, look, first and foremost, as mayor of los angeles, i'm going to lead the way by cutting the mayor staff by 25% of the mayor's budget, that's critically important. further pension reform and efficiencies, how we can do our job better in los angeles. independent fiscal watchdog as the city controller and looking at how we can run l.a. better. but, most importantly, when we can create jobs in l.a., that will create revenue for los angeles. we have to make sure we have a sustainable pension system in the future. want to make those tough choices so that we can ensure los angeles can get back on track.
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so, there's no paralysis, but, instead, really focusing on progress in los angeles. >> you're trying to replace antonio villaraigosa who has been mayor for two terms. his biggest success and what is your biggest disappointment in his run? >> well, the mayor has focused in on transportation issues, particularly getting resources for los angeles to have a seamless public transportation system. one of the things i want to focus on is greater job creation and looking at making sure that los angeles isn't in this paralysis and to focus in on managing the city. people every day say they just want their streets paved and they want a good educational system and they want l.a. to work, again. and that's what i'm going to do as the next mayor of los angeles. >> do you believe he was a good mayor? >> i believe he accomplished many things but i also believe our high unemployment rate is unacceptable. i believe we need to do more to fix the streets of los angeles and to make sure that we have better response times for our fire department.
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that's what i am going to do as the next mayor of los angeles. the president of the united states was just in california and left an interesting headline when he was introducing and talking about the state's attorney general camilla harris. she is brilliant, she is dedicated and tough and exactly in what you would want in anybody who is administering the law and making sure that everybody is getting a fair shake. she also happens to be by far the best looking. >> she has been an incredible attorney general. i think as we go forward, he was focusing in on the success of what she has been able to do and also to compliment her. i think she has been a great attorney general and appreciate that the president recognizes that, as well. >> you think commenting on looks, though, was appropriate? >> you know, as a woman, you're always pleased when someone says you're good looking. >> all right. wendy greuel one of two
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finalists for mayor of los angeles. we'll be following the race very closely. thanks for coming on this morning. >> glad to be here. coming up, the first job report since the sequester shows a slow down in hiring. we'll get initial reaction from the white house. plus, new hampshire new chances. former senator scott brown has a new plan to get his old job back. our friday job's day gaggle will be here. you're watching "daily rundown" only here on msnbc. [ sneezes ] [ male announcer ] you may be an allergy muddler. try zyrtec®. it gives you powerful allergy relief. and zyrtec® is different than claritin® because zyrtec® starts working at hour 1 on the first day you take it. claritin® doesn't start working until hour 3. [ sneezes ] [ male announcer ] zyrtec®. love the air. [ female announcer ] this week only, save up to $7 on zyrtec® products. see sunday's newspaper.
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hampshire. the idea first came from scott brown. here's what he said last night. but i'll tell you more about this in a minute. here's what scott brown said last night. i missed it. i'm sorry, i was told, well, he said, i don't think i'm done with politics. i'm not going to rule out anything right now because i really haven't thought a heck of a lot about it. that's actually not true. he has been telling former colleagues that he could run for the u.s. senate in new hampshire and they have been looking for a candidate. think he should do it? >> i do. he's a good fit for new hampshire. believe me in the next time around health care will be a huge issue. you know, voted for it. this is one of those things that scott brown is a moderate, but he also being on fox news, going to be appealing to conservatives in the primary. i think he's a perfect fit. >> new hampshire has been a whip lash state where basically every two years they throw out the other party. so, who knows. >> this cracks me up. we were talking baseball before this. if scott brown can't win a home state, what makes him think he
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can win an away state? a lot of folks in new hampshire who love the boston red sox but they don't want some guy from boston running for the senate. it's crazy. >> i have been talking to some politicos in the area, we share sports team, but not our politicians. they're very particular about their politicians and while he has a home in new hampshire, he is considered to be a massachusetts guy. >> not only that, john, as you know, the republican primary politics in new hampshire is cut throat and very conservative. i don't think scott brown could survive a primary. >> we'll find out -- >> he couldn't clear a field. >> i don't think he could clear a field. but i think scott brown being on fox news, your competitor, he will start beating that drum. and, you know, he is the guy that took ted kennedy's seat. the conservatives still love him. moderate in the general election, but i think in the primary, very formidable. >> pass up a chance to be governor of massachusetts. that is what is interesting. he could know in and be the immediate frontrunner.
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patrick murphy, i want to ask you about the president's budget. he is rolling it out and include changes to social security that a lot of progressives, including probably some folks at the center for american progress are not happy about. what do you think? >> we had had the ryan budget and the senate budget and the president saying let's put forward my budget to get things moving forward. >> you'll defend this move on chain cpi with social security and defend medicare cuts. you have robert rice and others on the left that are very upset. >> right. but at the oeend of the day, we know the job numbers came out anemic. 88% growth, which is good, but still anemic. the spring sequester is going over -- i mean, it is like, it is just not happening. so, we need to make sure that we have a budget to come forward with a deal and we need magener vestments in jobs, especially inf
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infrastructure. we need to start acting with urgency. >> the idea to negotiate with themselves. >> we didn't know if it was going to be on the table, really, until we just learned this information. this is something, though, the president has been talking about since december. this is something he has been trying to get done, this grand bargain with speaker boehner since only going back to last summer during that big debt ceiling debate. i think the white house believes this is something that they're prepared to really know to battle on. the president knows he's going to have to get democrats on the table and he's also going to have to get republicans on the table and that's part of his charm offensive. he is going to be having dinner with them. >> this is with senate republicans. house republicans no chance at all until there is some sort of deal. >> this is the first time in history that a president has done a budget after both the house and senate have done a budget. now trying to claim himself at this great guy who is going to bring people together. this is ridiculous. the president has already taken himself out -- >> they haven't passed a budget
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in washington for years. >> but we haven't had a real budget pass in a long time. fair enough. >> just get moving. >> we'll also hear from the white house on the just released job numbers. plus, reached the final four. but, first, the white house soup of the day, roasted fall vegetable. nothing like a fall soup in the spring. we'll be right back. [ kate ] many women may not be absorbing the calcium they take as well as they could because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. my doctor recommends citracal maximum. it's all about absorption. i love to golf. ♪ [ grunts ] yowza! that's why i eat belvita at breakfast. it's made with delicious ingredients and carefully baked to release steady energy that lasts... we are golfing now, buddy! [ grunts ] ...all morning long. i got it! for the win! uno mas!
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this is it, folks. senate madness tournament. history most controversial senators. a game pitted against each other over the last two weeks and our readers and viewers advanced all four of our number one seeds. maybe they did it out of fear. daniel webster going up against the great compromiser henry clay. go to firstread.nbcnews.com.
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the answer is former senator bill brock. represented tennessee first in the house and then in the senate in the '60s and '70s and won the republican senate primary in maryland in 1994 but lost to paul sarbanes. don't forget, folks, you have to tweet us both to truly win. if you have a political trivia question for us, e-mail us at day i dailyrundown@msnbc.com. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months.
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well, the numbers are in and they aren't good. just 88,000 jobs were added in march, far short of expectations and not surprisingly, this is weighing on the markets. the dow is already down triple digits and the dow and nasdaq
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are down, as well. alan kruger, chair of the president's council of economic advisors. obviously, a report that you're probably not very satisfied with. what is the most disappointinga is the most disappointing part of this jobs report? >> chuck, every month i try to look at the bigger picture but i don't think it's any different. if washington avoids policies that will slow us down, like the sequester, that will help us to continue to recover. >> are you concerned that the pattern is the same in '10, '11, '12, good quarters that led to pessimistic quarters? >> i'm more focused on trying to pursue the policies that will strengthen the policy, that will put people back to work more quickly, that will address the
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deficit problems in the intermediate or longer term and will do what the president has said is his north star, making sure the jobs pay decent wages. >> the other number has to do with the participation rate. lowest since 1979. do you think this is a statistical anomaly or is this a trend that also concerns you? >> well, the trend peaked around 2000. as our workforce gets older and older, we'll see more people retire. we are focused on creating jobs. that will be good for the economy and for the country. >> sequester impact, do you expect more of an impact in april than it was last month? >> i think the sequester is going to be a slow grind, as the president said. the congressional budget office estimates that it will reduce
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job growth by 750,000 full-time equivalent jobs. the longer it's in place, the more damage it's going to do to our economy. that's why the president is trying to replace the sequester with a more balanced approach. >> all right. alan krueger, i will leave it there. thank you very much, sir. let's bring back the gagle. there's no way to look at this jobs report and see good news. >> no. the sides are not coming together, we had the sequester and the sequester is continuing to be a vice on our jobs. 750,000 jobs we're going to lose. i was a balanced budget guy. i think we should amend the budget to balance it but like i said earlier, especially infrastructure. >> john, does this put any pressure on congress and senate democrats to get back to the table and try to stop sequester? >> listen, we had this go up on
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payroll tax and -- >> jobs are being created in january and february. >> the fact of the matter is taxes have gone up and they've had an impact. >> the taxes are having an impact. >> it's probably both. you probably need a deal. you need to have some pro growth and when he raised taxes, it hurts job creation. that's the truth. >> kristen, i think we suspect we'll hear a lot from the president about the sequester. >> we're going to hear a lot from the president but if you talk to people on the hill, they say there's not a lot of appetite to come back to the table and stop this. they are moving forward but you're starting to see impacts take effect. kids are getting kicked off of kick start. you're going to see the public frustration mount about this. >> the other part of this, patrick, is i sort of wonder, the public doesn't respond as much as we in the media do to these jobs numbers. we all write the headlines either up or down and the public is feeling the same economy. the economy hasn't changed that much. >> the problem is, they don't
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get it. it's not like a sexy story. you talk to the parents in tennessee whose kids are in pre-k. the parents are going to have to figure out a way when they are working what they are going to do. and that's just one example. you look at -- i have military guys that are not going to training and doing other things. it is ludicrous what we are doing to ourselves. >> if you talk to small business owners, what they feel about the impact of the obama administration, they feel the taxes, that's why they are not hiring. if you want to talk about jobs, talk to small business owners. >> are they not hiring because they think something is coming or because that seems to be -- >> they are not hiring because they can not afford to hire. the money is going out to the irs and the regulations on obama care, you put more people on 30 hours a week. they are worried about the impact about the obama care and about these taxes and that's why
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they are not hiring. >> john, the same arguments were made when bill clinton was the president and the economy was never so good. the american people spoke about obama care a few months ago. >> the biggest fear, you talk to some people, they say you know what, during the slow down, corporate america, both small and large business figure out how to be more productive with fewer workers so they want to stay that way. >> that is absolutely right. that's the biggest concern for this administration. that is one of the things that they will talk about when they have these meetings. the president is going to meet with the republicans and that's one of the pop particulars. >> there it is. shameless plugs. mr. murphy, you first. >> the center of american progress came out with a 50-state report showing how when you have weak gun laws, higher gun violence in our communities and top ten states, the weakest gun laws, they are the exact same states with the highest gun violence. >> john?
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>> completely shameless, read the theories on all things but mostly politics. >> and you're going to trash my henry clay stuff? >> i am. >> shout out to dick wade. i'm going home this weekend for the celebration. i want to celebrate him and all educators. >> that's very nice but makes me wonder, do i have to say something nice about my high school principal? i don't remember him saying anything nice about me. thank you for this edition of "the daily rundown." have a great weekend. we'll see you back here monday. coming up next, chris jansing. bye-bye. hi, there. if you are traveling, we're going to run into wet spots through the north and mid-atlantic. this should be isolated this morning. we will see a chance of stronger storms through the day today.
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55 degrees in boston. we should top out around 60 in new york city. washington, d.c., 60 this afternoon. and while that leaves a little room for balls and tees, it doesn't leave room for much else. there's no room left for deadlines or conference calls. not a single pocket to hold the stress of the day, or the to-do list of tomorrow. only 14 clubs pick up the right one and drive it right down the middle of pure michigan. your trip begins at michigan.org. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans.
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that's health in numbers. unitedhealthcare. i'm maria, and i have diabetic nerve pain. i felt like my feet were going to sleep. it was like pins and needles sticking in your toes and in your feet. it progressed from there to burning like i was walking on hot coals. at that point, i knew i had to do something. when i went to see my doctor, she chose lyrica. once i started taking the lyrica, the pain started subsiding. [ female announcer ] it's known that diabetes damages nerves. lyrica is fda approved to treat diabetic nerve pain. lyrica is not for everyone. it may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters,
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changes in eye sight including blurry vision, muscle pain with fever, tired feeling, or skin sores from diabetes. common side effects are dizziness, sleepiness, weight gain, and swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be more likely to misuse lyrica. having less pain... it's a wonderful feeling. [ female announcer ] ask your doctor about lyrica today. it's specific treatment for diabetic nerve pain. to hear more patient stories, visit lyrica.com. good morning. i'm chris jansing. take a look at what is happening on wall street after a weaker than expected jobs report. right now the dow is down 169 points. we're going to keep our eye on that. and in just a little while we'll be talking about what this job report means to the overall economy. that's coming up a little later on in this hour.