but by ft was the clinton administration. we can look at it a different way. this chart shows in dollar terms what happened to the debt. you can see the reagan administration, the debt well more than doubled. the bush administration took it up much further. the clinton administration actually started bringing down the debt. he actually was paying off debt during the clinton administration. and then we saw what happened in the second bush administration. the debt absolutely skyrocketed, going up well over two and a half times. mr. president, when we then look at the record of economic growth under those different presidents, it's very interesting. reagan, who more than doubled the debt, had a pretty good record of economic growth, 3.5%. bush i, who ran the debt up even further, pretty paltry record, -- 2.1% economic growth. clinton, who actually paid down debt, had the best record of economic growth, 3.8% on average. bush ii, who put in place the massive tax cuts that ballooned the deficits and the deb had the worst record o economic growth, averaging 1.6%. well

by far the best was the clinton administration. we can look at it a different way. this chart shows in dollar terms what happened to the deck. you see the reagan administration. the debt more than doubled. the bush administration to get much further. the clinton administration actually started bringing down the debt, paying off the debt during the clinton administration. then we saw what happened in the second. administration. the debt absolutely skyrocketed going up over 2-1/2 times. when we look at the record of economic growth is very interesting. reagan who more than doubled the debt had a pretty good record of economic growth. 3.5%. . i who ran the debt up even further, 2.1% economic growth. clinton who actually paid down the debt had the best record of economic growth, 3.8% on average. bullish ii in place the massive tax cuts that. and deficits into debt had the worst record of economic growth averaging 1.6%. let's connect the dots. let's connect the dots. big increase in debt during the reagan administration but pretty good economic growth. . 1 --bush i econom

that was very important during the clinton administration. the clinton administration.e end, it was a good thing that it occurred. now we have to decide where we want the balance to be. that is why taking the next step and taking it openly and sincerely will be the best thing for the country. that committee should do the job that it should for the country. people should feel passionately about their desire to do that. about their desire to do that. host: 01 and who lost? -- who won and who lost? there was a press conference yesterday to talk about that. i want to show it to you and come back and get your reaction. >> this will further harm our economy and hurt americans. with unemployment still above 9% in stagnating economic growth, taking out of the economy money will only place a heavier burden on working families. this is the wrong approach for our economy at the wrong time. guest: if we could have started this in a different way, we could have made those changes. we knew absolutely those that would be most vulnerable and making sure those that have been out of a jo

but by ft was the clinton administration. we can look at it a different way. this chart shows in dollar terms what happened to the debt. you can see the reagan administration, the debt well more than doubled. the bush administration took it up much further. the clinton administration actually started bringing down the debt. he actually was paying off debt during the clinton administration. and then we saw what happened in the second bush administration. the debt absolutely skyrocketed, going up well over two and a half times. mr. president, when we then look at the record of economic growth under those different presidents, it's very interesting. reagan, who more than doubled the debt, had a pretty good record of economic growth, 3.5%. bush i, who ran the debt up even further, pretty paltry record, -- 2.1% economic growth. clinton, who actually paid down debt, had the best record of economic growth, 3.8% on average. bush ii, who put in place the massive tax cuts that ballooned the deficits and the debt, had the worst record of economic growth, averaging 1.6%. w

the bush administration and to some extent the clinton administration before it an obama administrationhas succeeded in rectifying the shortfalls that a lot of people have identified over the years and our diplomacy and strength of our state department, cadre of foreign service officers we've got, and of course the international assistance budgets as well. are you concerned about those being at risk? to have the instinct which could cut a little and can apply some financial discipline and a few cutbacks. you have a notional assent of how far the press is could go? are you with the current effort will also target the state department and foreign aid excessively because those are also programs not always popular? >> there's some real risk there. every entity to which soared in the kind of environment where in. one of the things this process alice talked about is the national security council, so they have sorted in a grouping defense homeland security intelligence diplomacy in foreign aid and assistance. i'm the one hand, i think that's good because a lot of what we call foreign-made is c

about many of the programs that were essentially multi modal gains that happened during the clinton administration and even during the first bush administration, related to things like bicycle facilities, transit and accessibility in general, those issues are now being described as hitchhikers to the original purpose of the highway trust fund, which is the main source of funding, and, of course, there is a great deal of disagreement on the democratic side of the aisle as to the appropriateness of that characterization and to the tendency to see only card- related improvements as improvements that are worthy of funding in a time of crisis. we think it is exactly the other way around. so it is a debate that is essentially breaking on ideological lines. unfortunately, i do not think that that will lead to a compromise bill anytime soon. >> -- supervisor mar: mr. watts mentioned the disappointing budget news. was it the prop 1a connectivity funds, how it impacts the central subway? i'm just wondering what is the impact on our ability to fund the central subway. >> it is a statewide proposition, but th

the bush administration and to some extent the clinton administration before it an obama administration has succeeded in rectifying the shortfalls that a lot of people have identified over the years and our diplomacy and strength of our state department, cadre of foreign service officers we've got, and of course the international assistance budgets as well. are you concerned about those being at risk? to have the instinct which could cut a little and can apply some financial discipline and a few cutbacks. you have a notional assent of how far the press is could go? are you with the current effort will also target the state department and foreign aid excessively because those are also programs not always popular? >> there's some real risk there. every entity to which soared in the kind of environment where in. one of the things this process alice talked about is the national security council, so they have sorted in a grouping defense homeland security intelligence diplomacy in foreign aid and assistance. i'm the one hand, i think that's good because a lot of what we call foreign-made is

for context, at the end of the clinton administration, debt was just over 57% of gdp. then climbed to over 69% at the end of the bush administration. keeps soaring. >> as a result, we are in a situation where if you look ahead it look like the debt is going to continue to grow faster than the economy. at some point we're going to hit a situation where that isn't sustainable. >> i press jay carney on the exploding debt and the pushback was this is why the president wanted a grand bargain, with much deeper cults, but the republican speaker john boehner walked away from it. this is also why there is going to be a lot more pressure on the leaders in both parties the white house and congress with the superer committee that will be formed to come up with much deeper cuts to really get that debt down. bret? >> bret: ed henry live on the north lawn. thank you. >> oil tumbled to a six-month low on worries about the global economy. december futures fell 6%. $5.30. 6% down. to 86.63 a barrel. gasoline continues to hover around $3.70 a gallon. right now. stocks in europe were also

ambassador and adviser to the clinton administration. thank you for joining us i6r7b8g9s nice to be with you. thank you. >> governor, there's been a lot stef talk about congress coming back early from the august recess. do you think they should? in your opinion, what can lawmakers really do at there point? >> well, again, i'm not one of these panicers that think the president should cancel his vacation, call congress back immediately. i think what the president needs to do and the congress needs to do is shift away discussions from debt to job creation to boosting the economy, helping people with their homes, finding ways to work with the private sector to create jobs. i'm not one of those who thinks it has to be immediate. i think the president in the next few beaks should come up with a good, strong proposal, he should get the smartest people he can find that have created jobs and put forth an extensive dramatic job creation proposal, go to the midwest, as he's doing, throw a little blame around. the republicans in congress will not le

with minor modifications and security concerns about that have been raised going back to the clinton administration and through the bush 43 years, that the president is somehow vulnerable in a rented bus. these new busses cost $1.1 million apiece. and notably, the gop nominee will travel in one as well this campaign season when they receive secret service protection. one other note from today, president obama today made mention of an op-ed article getting a lot of attention. the billionaire warren buffett made the case in today's "new york times," the same case he's made to us here in the past, saying in effect that he's not being asked to pay enough in taxes. buffet wrote in part, my friends and i have been coddled long enough by a billionaire friendly congress. it's time for our government to get serious about shared sacrifice. we have linked by the way the entire article on our website tonight. >>> the smart phone wars just got more interesting. google's now going to become a manufacturer, they have made a dale deal to acquire motorola's mobile hand set business for about $12.5 billion. if this

if you go back to the prior eight years, during president clinton's administration, 23 million new jobs were created. we had when president bush took office a surplus over 10 years of $7 trillion. that has evaporated and now we're talking about a $14 trillion debt. the compromise we reached is imperfect. and we're going to send legislation to the president today that will not only avert a default but make significant deficit reductions. is it enough? i repeat, no, not enough. this legislation will provide our economy with stability it desperately needs and to assure congress we will continue working -- and i said this yes, i say it again -- i appreciate my friend, the republican leader, putting his arms around the idea that i came up with to have this joint committee. they've worked in decades past, there's no reason it can't work now. no supermajority, each leader will appoint three, a committee of 12. we need to do something because the trigger that kicks in is very, very difficult. we need to do this. and it has to be one that's fair. the american people demand fairness. it can't be

she also worked under the clinton administration. she is not without controversy herself. back in 2008 as the head of department and transportation she caught heat for failing to respond to a snowstorm in seattle that crippled the city for two weeks. >> more on the eastern span of the bay bridge that is being replaced, once the new span is up and running the old span will be there for years to come. it will have to be taken apart piece by piece. it is being replaced by a self anchored suspension bridge. now will be completed in 2013 right before the start of the america's cup in september. >> we have a follow up on a story we brought you yesterday, pg&e was being blamed for last year's gasoline explosion in san bruno that killed eight people and damaged 38 homes. the issue a final report saying substandard welding and other problems dating back to the 1956 installation of the pipe for the direct cause of the accident. yesterday they revealed the report. yesterday they said the company's an adequate inspection program for pipelines helped to cause the accident. they also is

they're expected to appoint grace krunaken, a one-time employee in president clinton's administration>>> a trip to southern california ended with a trip to the emergency room and major surgery for san francisco's archbishop. he is recovering from double bypass heart surgery. he was on vacation when he got chest pains and went to the e.r. sunday night. right then and there, doctors recommended surgery. he is recovering well. the 75-year-old oversees the catholic church in san francisco and san mateo county. >>> lung cancer, the deadliest cancer of all. but now there's a new treatment called targeted therapy. for some, it works wonders and comes with a hefty price tag. here's nbc's janell wang. >> reporter: beverly never smoked cigarettes but not long ago she was near death with lung cancer, until she started taking this drug. >> i've seen three grandchildren, two of my kids get mare yesterday. you can't ask for more. >> reporter: the drug only helps about 5% of patients. those who have a specific protein on their cancel cells. they tend about nonsmokers. tests show the drug can actuall

buggin it's not unique to obama this is the last two administrations and indeed under the clinton administration as well specially near the end where they pass commodities futures modernization act to stop all regulation of credit default swaps but he's a hint three administrations that have adopted policies that are in our gerri going in criminology are highly criminogenic means they will produce epic amounts of fraud and then you had attorney general the casey under bush famously refuse to even investigate the major frauds saying that they were still completely and i'm going to voting right color street crime and then it's revealed in the new york times that secretary geithner intervened to try to prevent even investigations much less prosecutions of the largest banks and so we have this bizarre incredible concept. from stress resegregate and areas took to financial stability is to leave the frauds who caused this crisis in control of our largest banks and then to bail them out and then to seek political contributions from them i will start with the rating agencies for a second because they're

national intelligence and president bush's administration and director of the nsa and the clinton administration. here's what the admiral mcconnell had to say. and i quote. having known and worked with mr. olsen for over four years, i have observed him to be the utmost professional, dedicated to the security of the nation. he understands the intelligence community in the law and the process needed to keep us safe. he has great respect for the law, our values and the activities needed to ensure the safety of the nation. i have every confidence that if confirmed, mr. olsen will serve the nation, the congress, the administration, and the intelligence community at the highest level of service and performance. colleagues, matt is smart, honest, and he is a true professional and absolute patriots. i can't put it much better than admiral mcconnell. i hope very much this committee will move quickly on his confirmation and our colleagues in the senate will follow suit. it is really my honor to be here with matt olsen. >> thank you very much mr. chairman. appreciate the remarks. i know you have a busy day

a fifty cent tax on the border from that time seven hundred ninety one until finally the clinton administration in one thousand nine hundred six when we blew the blew out all open by signing nafta gatt the deputy oh we protected our manufacturers the american people understand that i'm telling you the party that goes back to protectionist trade policies is the party that will never again lose an election let's hope progressives and democrats pick up on that long before the tea party goes. that's the big picture for tonight for more information on the star stories we covered visit our websites of tom hartman dot com free speech that oregon archie dot com you can also check out or to youtube channels for links overtopping dot com and the star shows also available as a free video podcast on i tunes and we have a free thom hartmann i phone and i pad app in the app store instead of feedback at twitter of tom underscore arbonne on facebook at saunders or our blogs message boards and telephone comment line at thom hartmann dot com and don't forget democracy begins with you get out there get active sho

if you go back to the prior eight years, during president clinton's administration, 23 million new jobs were created. we had when president bush took office, a surplus over ten years of $7 trillion. that has evaporated. now we're talking about a $14 trillion debt. the compromise we reached is imperfect. and we're going to send legislation to the president today that will not only avert a default but make significant deficit reductions. is it enough? i repeat, no, not enough. this legislation will provide the economy with stability is desperately needs and to assure congress that we will continue working and i said this yesterday, i say it again, i appreciate my friend, the republican leader, putting his arms around the idea that i came up with to have this joint committee. they have worked in decades past. there's no reason it can't work now. no super majority. each leader will appoint three, a committee of 12. we need to do something because the trigger that kicks in is very, very difficult. we need to do this. and it has to be one that's fair. the american people demand fairness. it c

ninety six there was a lot of tension between taiwan and mainland and as the tension grew the clinton administration said to carry aircraft carrier battle groups into the taiwan strait which was a rather unsubtle message the chinese were forced to back away from that they felt you million aged by now and they felt as if the united states was dictating their internal politics in their own home waters. and after that after the one thousand nine hundred six incident they want to crash. course of naval building keep in mind they have one aircraft carrier which is one half the size of american aircraft carriers in american and americans have ten nimitz class aircraft carriers so even if they build one or two or even three more aircraft carriers they're nowhere near the level they would need to challenge the united states i do understand that they are said to be developing weapons specifically for the purpose of thinking. well this is this talk about this new missile now and to be a little care for you know there's a lot of hype going on right now in the united states and and some of that is because they

jessica, as a reporter who used to spend a lot of time in the rose garden myself during the clinton administration, what's that machine behind you over your shoulder? it's right there, what is that? >> reporter: it's not a television monitor. i believe that would be, is this a teleprompter? it's the teleprompter. >> so the president will be reading his speech from a teleprompter. >> reporter: but it's so bright out here, you have to have it on a monitor instead of on those clear plexiglass stands. >> just checking. >> reporter: very bright out here. >> i hope you're wearing sun block. you got sun block on over there? >> reporter: i will go get some. >> go get some sun block. you could be standing out there for awhile. i'm trying to help you. it's hot, probably well into the 90s in washington. jessica, get some shade over there. we'll get back to you in a few moments. we expect to hear from the president momentarily. he'll be walking into the rose garden. you and i, we used to sweat a little bit in the rose garden. >> i'm not a humidity person. my god. eight and a half wonderful years at the white

during the clinton administration there was a push because of well publicized examples, bad and tragic examples, around items of clothing or colors or sneakers that schools across the country decided to put to and the uniform policies and again it is clear that they don't at least the stuff in the book but what i worry about mostly is by suggesting a journalist that is the way school is in that is the experience and on top of that no child left behind a and a learning experience changes that it creates a really tense experience for a student and maybe over romanticizing from some 1212 to be more of a participant in the '60s, but it seems to be almost more damaging from what it designs to prevent and about plagiarism, we have had the battle for years. we know that kids cheat and turn and papers that are not theirs and the internet -- internet makes of the bigger problem because they can cut and paste but then our entire lives we become chasing down to create tactics and techniques to stop plagiarism rather than dealing with it and a more measured fashion. i could be completely wrong and

we advocated for that early on during the clinton administration. the country could have done better in australia, japan, during the crisis, had there been a single focus. it is critical. -- [unintelligible] i think it is essential that we implement this with prudence and care. there are only so many hours in the day and we want our financial institutors and regulators not on those days that are extraneous. >> i probably do not have much to add. in some ways, just reinforced. i made the analogy that we are trying to regulate cards that are speeding down the road at 100 miles an hour and are only 5 feet apart and it requires very careful brick relation to make sure they do not hit each other. the obvious solution is to have them have a greater buffer between them and follow each other at much greater links. that is capital. it does not solve everything here. it is about putting in a much more privatisation than of the socialization of loss that we have now. i have not got a very much about having a single regulator. this idea makes a lot of sense to

well, you know -- but imagine a hillary clinton administration, imagine bill clinton in the white housel clinton in the white house. >> that's good. >> but imagine billion clinton in the white house. there would have been -- it's an ire on the right and -- >> back to you. the pitchfork crowd. working class whites. a lot of pro-choice. i know your crowd and like them personally. here's the question. would they be forgiving hillary clinton, unemployment rate and -- >> no. i think barack obama, he did climb into a burning bed. i think it would have continued along that way. here's why clinton worked nafta. >> i know the joke's on you. the drunk guy lying in bed and there's a fire. he says it's not my fault i got in the bed when it was already on fire. that's an old joke. >> welfare reform republicans like. nafta, the republican establishment loved nafta. these republicans do not like obamacare. so obama went and put through something the republican and tea party cannot stand, whereas clinton was working with them. she -- she was very good at that. she did not -- i mean, what's -- let's not

bush examining policies of the bush administration with comparison of that of presidents clinton and obama. .. >> he's a great scholar, well, we don't have enough time. the most recent book, "presidential leadership" vortex of power," and "george bush presidency" and he's just completed a volume on the obama administration. currently he serving as chair of the department of political science at perdue, university. bert, the floor is yours. >> thank you very much, don, and thank you very much chancellor garhart. i'm pleased to be here. we're here to talk about george w. bush, that i'll get to. in the latter stages of his presidency, bill clinton, there he is again, bemoaned the fact that his presidency was the void of the great challenges that could mark him as a great president. george w. bush was not so handicapped. he had many challenges, very severe ones in their tenure as president. but he lacked the werewithall of greatness. he came into the drawn out election outcome decided of a 5-4 supreme court majority that lacked grounding in any constitutional law. but someone had to be in

if we make an assumption that the policies of the clinton administration -- of the bill clinton administration would reflect the likely policies of a hillary clinton administration, i think a lot of americans would welcome a lot of those policies compared to what they have seen over the past two and a half years, and that was largely a notion of putting in place long term policies would be more for prefer changing incentives from the economy and changing growth and also a strong commitment to free trade, which we have not seen yet from this administration. >> back to the phones on our line for democrats. caller: yes, i was just wondering -- are kenneth it's going to be honest with american people about the economic trouble we are in -- are candidates going to be honest? it looks like economists are predicting unemployment will be long-term it is going to be 9%. we have a huge national debt, which has been accumulating over to the we will or three decades. the manufacturing sector of our economy has been declining for the last two decades. the middle class has been shrinking. the rich have been

government in the clinton administration, megrahi would remain in a scottish jail. >> greta: how do thew could the brits do this to us? they were our best friends. >> it is a disgrace. inexcusable. it had to do with british petroleum and their -- >> greta: how much money do you need? how much oil do you need? >> the new conservative government in the united king come, there is no excuse for it, it is a disgrace. it is a disgrace for scotland to have done that. i say that as somebody who is predominantly scottish by heritage, it is embarrassing. >> greta: did they say it was about oil? >> the british have wanted to get into libya for a long time. >> greta: this is beyond me. there's some honor even like we are their best friends, these were our americans, our kids, our college students there were foreign nationals. >> british citizens died, 11 on the ground in scotland. idea that there's justification to demonstrate compassion for the guy who kill 270 people in cold blood, just mist fews me. >> greta: who made -- who made the decision? >> i think by prime minister brown's government. he'

dural the iraq war when the statue was toppled, this was after many said that the clinton administratione military. bill clinton had been the only one in office between 1992 and 2000, so he built the military that actually won in iraq, so i wrote a column saying clinton military triumphing in iraq, rush limbaugh called down his ditto heads saying it was false, when in fact he was wrong. they hadn't destroyed the u.s. military. why do we let folks like us and others who opine on these thing not be held to account when circumstances prove them wrong? >> well, that's what i find so fascinating. i think part of it is you have people that just barrel on through. the quotes i drew are out there. some people are cynical about them, but there's a real lack of shame or western. it's okay when you're a reporter, sometimes you have to run corrections. my concern is we have people advocating policies, and then they're not doing their own corrections on what they have said. >> and yet it does leave is in a situation where we're going to have both sides in sort of a kind of war over who's right, who's

president's administration and also a chief economist at the labor department during the clinton administration. krueger's nomination expected to be confirmed by the senate. happy feet is home ward bound. the wayward penguin finally left the zoo for his home in ant articca. the poor penguin got sick on a beach there back in june. he likely ate sand that he mistook for snow. >> brian: that's the penguin that ate the sand. >> alisyn: happy sand will be released after four days at sea. >> brian: becoming the new pan davment penguin story every day. >> steve: cuddly. coming up, we are up an hour early to tell you about stuff like this. they swore to stand guard no matter what the conditions. soldiers brave irene to watch over the tomb of the unknowns. we will tell that you story coming up. >> brian: then, unbelievable rescue. there is a guy stranded on that sailboat. the firefighters only have one choice, swim there and pull him to safety. one of those firefighters here live. >> alisyn: more incredible images from irene. ♪ ♪ >> brian: virginia couple attempting to outrun hurricane irene in their sa

prosecutorial discretion which the other student was talking about has been around since the clinton administrationried through the bush administration and still exists today. they just keep rehashing the same one and then refusing to -- >> why is this happening now? why is this happening now? president obama has said for months he does not have the authority to do this. so what he did this week is actually a reversal. why? because he took a look at those latino poll numbers and what it hose is he's hemorrhaged 36 points among latinos over the last two years. 2012 election is coming up. isn't this a transparent craft, cynical political move? >> no, the reason they're doing this, if you practice in immigration court, you would know. the backlog is atrocious. sometimes people wait two years to get their day in court. sometimes people who are violent felons get held in custody at $122 a day for two, three months to get their day in court. they can't take the resources that they have and deport everybody. they have to focus them on violent criminals, criminals who have committed felonies. that's where