you can find much more from both paul krugman and david stockman on paul's "making sense" page. >> woodruff'll be back shortly with "the guns at last light" in the second world war. but first, this is pledge week on p.b.s. this break allows your public television station to ask for your support. >> brown: finally tonight, we mark june 6: d-day. ray is back with book conversation he recorded recently about world war two. >> more than had a hand in cementing u.s. status as a superpower, and created the map of the modern world ended almost 70 years ago. you coul could fill a library wh books about the second world war, yet historians still find new things to say and new ways to say it. award winning author just completed the third book in his "liberation" trilogy, "the guns at last light: the war in western europe, 1944-1945". and he joins me now, and, rick, if nothing else, this book is a reminder that with d-day, there was still some of the worst fighting of the war left to go. >> that's certainly true, ray. i think the horror of it is difficult to imagine seven years later. and it continues

you can find much more from both paul krugman and david stockman on paul's "making sense" page. >> woodruff'll be back shortly with "the guns at last light" in the second world war. but first, this is pledge week on p.b.s. this break allows your public television station to ask for your support. and that support helps keep programs like ours on the air. >> brown: for those stations not taking a pledge break, we take a second look at doling out history lessons on twitter. gwen ifill has that. >> ifill: "newshour" regular michael beschloss has written eight books and countless commentaries on the american pleapresidency. but recently he's discovered a new way to engage a different audience-- taking us back through the nation's contemporary industry in 140 characters, or less. michael joins us now. michael, what's with the 140-character chunks? when did you start doalg out history this way? >> it's an anecdote to all the long books i write. it was during one of the debates right here in the studio we were watching, and kristina bellantony saw me looking through a search engine on the two candi

you can find much more from both paul krugman and david stockman on paul's "making sense" page. >> woodruff'll be back shortly with "the guns at last light" in the second world war. but first, this is pledge week on p.b.s. this break allows your public television station to ask for good evening. we'll return to the pbs newshour in just a couple of minutes. i'm paul anthony with patty kim. but first we're taking this brief opportunity to tell you how important you are to this public television station. as a member of the pbs newshour, you are someone who cares about quality programming. the pbs newshour is created for people like you who know that having a newscast you can trust is more important now than ever before. just as the news is important to you, you are just as important to us as both a viewer and a supporter. we turn directly to the people who value what pbs offers and ask for your financial contribution to keep programs like the newshour on the air. the pbs newshour is worth your time, and it's worth your financial support as well. patty? when you make a contribution, we can than

fight in europe is between so-called austerity crowd and growth crowd, but the growth crowdrr paul krugman, keynesianing and ing and big sed austerityeople want higher taxes, there is nobody in europe that's advancing the position that senator rand paul was talking about. we have a big expensive inefficient government. if we' more growth we have to shrink burden of government spending. the transfer of resources from private sectoro the government that is what hurts your economy. john: theovernment has no money of its own. >> and all likelihood they will not spend the money as efficiently. >> and the coverage is so insane. the atlantic, a respectable magazine, editor matthew o'brian, the more country has cut, the more unemployment it has, a recovery is worth t deficit. >> i bit he agrees with paul krugman and thinks that more government spending will helpn economy even though is did not work for hoover and roosevelt in the 30s, not for japan in 90s not for bush in 2008, not for obama in 2009, it never rkednywhere. john: people believe it. >> politicians love the theory. it tells them their

that is why i invited paul krugman to join me. s, of course, the columnist for "new york times" a princeton professor and nobel laureate in economics. welcome, paul. >> hi, there. >> if the sequester was so bad if the expiration of the payroll tax was so bad, many, many people like you worried a great deal about the sequester, about raising taxes, and yet the new data seems to suggest the economy is doing pretty well. >> you know, this is, you always have to have some perspective here. we still when we look at payroll data and we get all excited about the kinds of numbers we have been seeing recently and we forget during the eight years when bill clinton was president and u.s. economy added 236,000 jobs on an average month and we had hardly any months that look as good as an average month during the '90s. so, let's not get carried away. this is not too bad. but, really, we have defined a good economy way, way down. >> so, when you, when you look at this and you say, you know, the u.s. economy for the next few months. do you think t

john: ki of that we don't ha a world war but on cnn paul krugman suggested it would be good if we had >> if we discovered space aliens needed a massive buildup andnflation and budget defits took secondary places, this would be over in 18 months. >> in a way that speaks for itself, doesn't it? john: lot of back -- economic activity. >> i could sell you my sock and you coulsell back to me and if we kept doing that in a ircular flow to measure it as gdp then we would be amazingly wealthy and t economy would grow. hn: i don't want your socks. [laughter] >> in a keynesian world field is all stimulus it doest matter. every fight the aliens we get richer and it ignores the resources where they come from to build the anti-alien space weapons. john: talk about austerity. we have tried it and it esn't work? >> where have we ted it? we hear about the united states for the united states gornment over the last four years has not grown as dramatically as as in the past government spending actually went down a little bit that w at the all-time high. john: now it is predicted a little more because of

chris christie's controversial call and paul krugman analyzes the latest job numbers. n analyzes the latest jobs numbers. [ male announcer ] we're all on a journey to financial independence. ♪ whether you're just beginning the journey... ♪ ...starting a family... ♪ ...or entering a new chapter of your life. while the journey is yours, pacific life can help you protect and grow the assets you'll need along the way. to learn how, visit pacificlife.com. pacific life. the power to help you succeed. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ >>> an update on the race to fill john kerry's senate seat. up in massachusetts, with a vote coming up later this month, sparks flew at the first debate. >> if they want mr. gome

take on this in the coming days, from nobel prize- winning economist and new york times columnist paul krugman. online now, you can get a sneak peak at krugman's response. >> ifill: we'll be back shortly with, but first, this is pledge week on pbs. this break allows your public television station to ask for your support, and that support helps keep programs like ours on the air.s reporting on our "copg with climate change" page on our web site. >> brown: finally tonight, chasing storms, science, and risk. the national weather service said friday's deadly tornado near oklahoma city was stronger than initially reported. meteorologists now classify it as an ef-5, the strongest ranking possible, with winds of 295 miles per hour. it was also the widest twister ever recorded: 2.6 miles. the storm and subsequent flooding killed 18 people. ray suarez has more. ray >> tornado on the ground! >> suarez: a storm chaser sounded the alert friday evening as the enormous black funnel filled the dark sky just west of oklahoma city. three of those killed were storm chasers themselves. tim samaras, 54; his son p

on thursday, we'll look at paul krugman's take on the government's role in the economy.i'm judy woodruff. >> and i'm gwen ifill. we'll see you online and here again tomorrow evening. thank you and good night. >> major funding for the pbs newshour has been provided by: >> more than two years ago, the people of b.p. made a commitment to the gulf. and everyday since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we shared what we've learned so that we can all produce energy more safely. b.p. is also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productio

take on this in the coming days, from nobel prize- winning economist and new york times columnist paul krugman. online now, you can get a sneak peak at krugman's response. >> ifill: we'll be back shortly with, but first, this is pledge week on pbs. this break allows your public television station to ask for your support, and that support helps keep programs like ours on your support, and that support helps keep programs like ours on the air.ng, and thank you for joining us for another edition of the pbs newshour. i'm patty kim along with paul anthony. as you may know, we take these opportunities a few times a year to ask for viewer support. each time, we count on contributions from a few more people like you. and if you haven't made a gift yet, we're hoping that tonight will be your night! each evening on the pbs newshour, you are witnessing collaboration at work. even though the tasks may be different, everyone at the newshour works toward the same goal-- to bring you an unbiased account of the day's news. as you can tell each time you tune in, they take this responsibility seriously. but the

take on this in the coming days, from nobel prize- winning economist and new york times columnist paul krugman. online now, you can get a sneak peak at krugman's response. >> ifill: we'll be back shortly with, but first, this is pledge week on pbs. this break allows your public television station to ask for your support, and that support helps keep programs like ours on the air. >> brown: for those stations not taking a pledge break, we take a second look at the decline of coral reefs and the connections with rising levels of carbon dioxide. that, among other things, is having a very real effect in places like the florida keys. hari sreenivasan traveled there recently, and filed this report for our series: "coping with climate change." >> sreenivasan: all that carbon has caused global sea surface temperatures to rise by about 17.5 degrees fahrenheit over the last century. according to the national oceanic and atmospheric administration. periods of high water temperature cause corals to bleach or exfell colorful algae that live in their issue, exposing their skeletons. but the c.o.-2 doesn't ju

polls he's on the basis of economics i think clearly and completely irrational the us economist paul krugman rightly described it as a medieval cult of. dreaming of blood and when that doesn't what dating move from the ancient this is this is entirely appropriate to describe this moment policy this instead of the state of the state of the historically it doesn't work in painting the station attendant station. more to be introduced to mind which is a contract you can see profits crumble and you must or won't say the fact that the office for national statistics the government's own set up to monitor these things . in the people which. in the final quarter last year you keep businesses. three hundred eighteen billion pounds of surplus and that money is there's money we need in the economy they're not investing despite all the inducements from the government by way of tax look at these tax cuts for the rich and and all the various other moments of the government given to the edge over the last two years so i think the best way that the government can battle the deficit will host to start investi

polls he's going to be sick of economics thing clearly is completely irrational the us economist paul krugmangreatly disparaged it as a medieval doctor. dreaming a patient of blood and when that doesn't work during move from the patient this is this is entirely appropriate to describe this moment foresee the sustained state of the state of the historically has been destroyed if you could doesn't want to complain to the session attended a station. more to be introduced to my which is a contract you can see. the us big three will credit rating companies are among those accused of fueling the two thousand and eight crisis that triggered a domino effect across the world but now their dominance could be threatened by a rocky ready to shake up the industry and the new international agency based in hong kong chosen a good time to make its challenges artie's katie pilbeam explains. the big three have had their own way for over one hundred years but were ridiculed for not just failing to see the financial crash coming but making the situation worse by dishing out optimistic ratings for toxic mortgage

these policies on the basis of economics being clearly completely irrational the us economist paul krugman greatly disparaged. dr. dreaming of blood and when that doesn't work doing won't work for me this is entirely appropriate to discourage this moment foresee the stare. instead of think historically it doesn't work in painting or session a painter decision to go to war to be introduced to my coaches contract you can see . now from the online news a polluting factory in russia's stunning lake baikal will soon make way for a brand new disney style theme park a tourist sites in a national park with nature reserves are only a part of the major project get the full details of this multi-million dollar plan at r.t. dot com right now plus. still thinking these pictures from a rally were actually this time hundreds of youngsters weren't battling police but . with flower more pics and details that are t. dot com. the first part of a long awaited addition to russia's sea fleet power has been unveiled in some petersburg the stern of the heavyweight mistral ship will now be sent to france to be ful

considering these polls he's on a piece of economics clearly is completely irrational the us economist paul krugman greatly disparaged. dr. dreaming of words and when the person was doing move from the future this is entirely appropriate to discourage this moment for. posterity historically it doesn't work in painting or session a painter decision. more to be introduced which is a contract you can. from on air and online polluting a polluting paper factory in russia stunning lake by call will soon make way for a new disney style theme park there but tourist sites and a national park with nature is serves only part of the major project at the full details of the multi-million dollar plan on our web site r.t. dot com plus. so think user pictures from a rally turned violent well we've been covering a lot of this r t but actually this time hundreds of youngsters in kiev or in battling police but instead bombarding each other with flower more pics and details on our website. the first part of a long awaited addition to russia's sea fleet has been unveiled in st petersburg the stern of the heavyweight mi

considering these polls he's on a piece of economics clearly is completely irrational the us economist paul krugman greatly disparaged. dreaming of words and when numbers of what do you think. this is totally appropriate to discuss this. it doesn't work in pain to session a painter decision. more to introduce demand which is a contract. now from on air to online use of polluting paper factory on russia's stunning lake baikal will soon make way for a new brand new disney style theme park tourist science in a national park with nature reserves are only a part of the major project you get the full details of the multi-million dollar plan at r.t. dot com right now plus. still thinking these are the pictures from a rally turned violent well actually this time hundreds of youngsters weren't battling police but bombarding each other with flowers or pictures and details that are to dot com right now. the first part of a long awaited addition to russia's sea fleet power has been unveiled in some petersburg the stern of the heavyweight stroll ship will now be sent to france to be fully assembled artie's more

could it be paul krugman not only watches "varney & company" and agrees with it finally? nobel prize winning economist, is it just too good to be true? yes, there is a catch and charles payne is here to discuss it in a moment. it's monday. a brand new start. your chance toise and shine. with centurylink as your trted chnology partner, you can do just that. with o our visionary cloud infrtructure, global broadband network and cuom communitis solutions, your business is more reli. and with responsive, dedicated support, we help you shine every day. >> left-leaning economist paul krugman says let's not be satisfied with the new normal. he's not happy with the jobs report or the rate of economic growth. charles payne, come in, could it be that he watches "varney & company"? >> i think we've seen proof he watches in the past. more of what we say on the show, he wants to different course of action. he calls the federal reserve the good guys and wondering why ben bernanke is talking about tapering when there's no inflation and jobs aren't where we need to be. and something more

the counterargument is paul krugman, who suggests we don't have a debt problem.we can spendman infinitely, which the real problem is the fact we're not spending enough and the whole crisis in europe is caused by the harsh austerity where they have slashed spending, almost impossible to fine any spending cuts but assume they slashed spending and that is causing the problem. how do you respond to that? there's no debt problem. >> well, that's a theory. and i'm willing to see that theory tested. >> if i can add to that, too, you're right, obviously, that there has been -- austerity is most quickly defined as a specific attempt or explicit attempt to reduce the debt to gdp ratio. there have been attempts to do that in europe but their fundamentally and overwhelmingly done through tax increases. they're not cutting spending. they're not savagely cutting spending but they are cutting disposable income. in the ute it's fascinating because it's clear obama wants to spend more money. he put out a budget plan that wine crease spending by $2 trillion over a ten-year period

the counter argument to that is paul krugman who essentially suggests, we don't have a debt problem.we can spend money infinitely and in fact the real problem is that we are not spending enough and the harsh austerity in europe where somehow to slash spending and assume there is less spending is what is causing the problem. how do you respond to that? there really is no financial debt problem. >> well that is the theory. i am willing to see that theory tested. >> if i can add to that your right obviously that there has been -- austerity is the most quick we termed as a specific attempt to reduce the debt to gdp ratio. there have been attempts to do that in europe but they are fundamentally and overwhelmingly are done through tax increases. so they are not cutting spending but they are cutting disposal income. in the united states it's fascinating because it's clear obama wants to spend more money. he just put out a budget plan to increase spending by $2 trillion over a 10 year period and increase spending for next year quite a bit. under obama when you adjust for inflation spending h

the paul krugmans of the world.t's krugman, he is a loon but the whole philosophy, we should spend, spend because we're not going to go bankrupt here. that is the mentality. >> because the country can print money, they can get away with it for a while but it postpones the reckoning, making makes it tougher and when our age group retires and wants medicaid and rudely refuses to die living longer than ever, it's going to be blow up in horrible ways. >> bill: how long do you it is going to be. do you have a a time frame on the blow up? >> at the current course, i would say 15 years. we'll see other countries go first, japan because so many old people. we're seeing greece and spain. people start to pay attention andhey start to make adjustment >> bill: so it will to have swing back to be conservative sometime. >> but conservatives haven't been about spending. >> the war on terror skewed all that out. >> there was lots of new regulators. >> bill: bush was a big spender but nothing like barack obama. >> i love the example

and paul krugman weighed in, declaring derp is a waste of internet. and derp -- this was derp jump the shark moment. you will know if your mom starts using it in her facebook posts next week. the second most awesomeness thing on the internet today, time to check in with embattled mayor ford. several aides quit and this pic was tweeted. a picture of himself and a staffer who clearly drew the short straw. as for the crack-smoking part of the story, the crack video might be gone. we'll continue to monitor this story. in the meantime, while use this on the update as a shameless to show you all of this rob ford footage once again. and the third awesomeness thing on the internet today, lawmakers, friends, and family gathered today to honor frank lautenberg. it was only fitting that a man known for a sense of humor would have a joke told at his funeral. that's where joe biden comes in. fortunately, a whole slew of reporters and bloggers were not only watching this tribute, they were blogging about it. biden in his element, surrounding by jewish and this one

-year-old former nsa analyst, clearly falls in the insurrectionist camp alongside the likes of paul krugmannd the man hayes describes as the ultimate insurrectionist, julien assange. "the only way to hold our present elite accountable is to force them to forfeit their authority. which camp you fall into depends on how well you think our institutions are holding up. jeffrey toobin wrote, he wasn't blowing the whistle on anything illegal. he wrote on something that failed to meet his own standards of propriety. in making this argument, he seems to be accepting the legality of a system in which the government can surveil its citizens, from a court that's made its decisions in secret and in favor of the government, almost without exception. there are others who might disagree with that assessment. joining the panel, the host of msnbc's all-in, chris hayes, "twilight of the elites," which is out now in paperback. thank to you are joining us, my friend. >> thank you! it was a great intro. nailed it. >> i will ask you, given this kind of argument we're having over whistle-blower versus leaker, do

paul krugman was blogging at 3:30. >> yeah, i read the -- he tweeted at 3:31 in the morning and i read through the entire thing. >> 24 hours a day you don't read what he blogs. >> it was interesting. i wanted to know what his argument was going to be, and he does make a good point that when you look at the number of people who are employed verse -- the percent of people who are employed versus the percentage of people unemployed, it's taking a huge downturn. maybe some of that is because people are getting older but not a lot of it. >> these are the labor metrics that bernanke is pointing to. the one america understands is the unemployment rate. chairman bernanke talks about the employment ratio and people throw their hands in the heir and say, this is something we can't forecast. on a month-to-month basis you can't forecast it. over a longer period of time they pull the larger participants in and you see them all move in a direction. >> dragging. >> david, you've been listening, what are your comments after you saw that testimony yesterday? >> well, i think the first thing that happen

. >> let me finish on what paul krugman wrote overnight, and what got us here of course was as he putthis credible promise to be irresponsible, that it would wait before it raised interest rates and it would pump qe beyond the point that is necessary. that has changed. you don't have that any longer from the fed, and that is what krugman thinks may be the historic mistake, and finally, howard, how would you rebut that? >> well, i would rebut it by saying that they have made it clear they are responsive to the financial market conditions and the economy. if the economy starts to waeng again, the fed will maybe reverse course. they certainly won't be aggressive in winding this down. they could temper it for a while. and as james buller has been arguing, maybe they should increase for a while. so i don't think that the fed again has made a total commitment. they have is told us what they expect to do, because they are expecting it to be better. if the economy is not going to meet the expectations, then they will change the game plan. >> history in the making, guys. thank you for join g i