jack welsh, that is the principle. lea iacocca. >> jack welsh, what is it they have, you would go around and do a self analysis of companies and you would look for things that you could identify and know they had the potential to grow. and they had a culture. and they had a plan to grow. what do great managers do? >> there are two types. somebody who comes up with an idea, and then you have to grow it. iacocca had to turn around chrysler. even more challenging, a company like general electric, make something good better. that is really hard. all of these people are problem solvers. they have a manage people. one of the things that a surprising, they do not understand the definition of management. getting things done through others. it is easier to do it yourself. sometimes you have to encourage them. sometimes you have to push them. you have to understand what they want. you have to work with them. you have to set goals. you have to be a leader yourself. you have to be, so you make mistakes. there is an amazing differe

. >> rose: jack welsh, lee iacocca what is it they have? you would go around and do a self-analysis of companies and you would look for things and know that they had the potential to grow a a culture to grow and they had a plan to grow. what do great managers do? >> well, there's to two types. you have fred smith who comes up with an idea called federal express. then you had to grow it. he did all the parts: then there's lee iacocca had to turn around a troubled chrysler. even more challenging, a giant company like general electric that makes something good better. that's really hard. so all these people basically were problem solvers and they had to manage people and one of the things that's surprised people, they don't understand the different of management. it's getting things done through others. it's a lot easier to do something yourself. sometimes you have to encourage people, sometimes you have to push them harder. >> rose: motivate, courage. >> but you have to understand what they want, you have to work with them, explain yourself,

and i'll cite, having served at apprenticeship at general electric and just before jack welsh arrived on the scene, i paid attention to that company and i still do for many reasons, his comment many years to a group of managers in florida that the ideal factory -- not a u.s. factory -- but the ideal factory, manufactured factory would be built on a barge. it could be moored in the port of the company that paid the lowest -- country that paid the lowest wages. we were kind of amazed that he could utter that, but in practice that's been adopted by much of the corporate mind set. not just in the u.s. but in the world. and under the guise of trade deals, trade agreements, it's really been used to keep workers in the world suppressed in terms of their wages or quality of life. and in the labor movement, that really sums up why we take such a harsh view in how these trade deals are made. that a certain international standard or norm be applied by the international labor organization that guarantees certain fundamental human rights, sadly to say, the united states never ratified that particu

you remember the conspiracy they'res our own jack welsh with espousing, is that legitimate -- >> on thebor who weren't doing the calls they were supposed to and fudging the numbers and then the clear downward trend. the unemployment rate and the key point, on the labor participation rate. if you're the fed you'll say, sure, it's down but we would like -- >> where i live people are working but not working as many hours. they're working at jobs that pay less money. maybe they're not technically part of the unemployed anymore. >> they had benefits and god forbid they try to go on healthcare.gov. >> exactly. >> to be underemployed, even looking at all the gains in the market, people are saying i don't want to participate because i don't have the disposable income to invest in this market. one of my colleagues was asking why aren't people seeing as record highs? i said because they're underemployed. that's why they're concerned and we're not seeing the participation in the markets. >> brian, we were flipping through the sectors. it looked like tech and materials were the only two that were u

it's like jack welsh. how could he is here is a mustang, by the way, i might be off to microsoft? to say that, but phil asking him directly why not put it to rest and it's easy to see i will not consider nor lig to any company to -- >> well, he would not answer that. >> he answered the question. >> i like the car, though. i'll tell you that. >> the car looks nice and mulally looks great, too. what a salesman. you have to hand it to him. can it be? is there really bipartisanship in congress? believe it or not, we are seeing some signs of progress in budget negotiations on the hill. what will it take to get a deal actually done? we'll talk to republican diane black and democrat john yarmuth both involved in those negotiations. the dow is up slightly, six points. is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one log

served at te, having apprenticeship at general electric and just before jack welsh arrived on the scene attention to that company and i still do for many reasons, his comment many years to a group of managers in orida that the ideal factory -- not a u.s. factory -- but the ideal factory, manufactured factory would be built on a barge. it could be mored in the port of the company that paid the lowest -- country that paid the lowest wages. we were kind of amazed that he could utter that, but in practice that's been adopted by much of the corporate mind set. not just in the u.s. but in the world. and under the guise of trade deals, trade agreements, it's really been used to keep workers in the world suppressed in terms of their wages or quality of life. and in the labor movement that really sums up -- >> there are about 15 minutes left in this event which you can see at c-span.org. going now live to the house for votes on bills debated earlier today. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] vot the unfinished business

. >> david welsh on facebook wants to know where are the carter children now. what are they doing? did any pursue politics? >> well, jackthe oldest son, did run for the u.s. senate as the democratic nominee in nevada a couple of cycles ago. and he lives in nevada. and his son, who is the oldest carter grandchild, jason, is running for governor in the state of georgia. he's currently a state senator. chip lives in the atlanta area, jeff and amy both live in the atlanta area. so three of them are sort of close to home. and jack's out in nevada. >> and could you also comment about the grandson who made news in the last presidential campaign by unearthing the romney video that changed the direction of that campaign? >> this is a child who was in the inaugural parade. but he feels in his mother's womb. he is chip's son and he -- he's master of the internet and uncovered candidate romney's speech about the 47%. so he got in the news as a member of the carter family. >> do we know hisf grandparent'' reaction as a result of that campaign? >> i think they were pleased. >> one more video, six minutes left in the program. this is