he won the-- david walker founded the comeback erica initiative. he previously served as cromp -- comptroller general of united states. and jared bernstein. he was economic policy advisor to vice president joe biden until this past april. from boston ken rogoff of lar vard university, previous chief economist at the imf. i am pleased to have all of them here. i will start with paul krugman. what's happening to the ecomic recovery? >> there really has never been much of an economic recovery. when all is said and done i like to look just-- what are the fraction of adults who are employed that fell off a cliff between 2007 and 2009. and it has really not recovered at all it is bouncing along. so basically we' in a holding pattern. in an economies that's growing but job growth is no faster than population growth. >> rose: does job growth have anything to do with increased prottivity. people are still doing more with less in terms of workers. >> that always happens. what ihappening now, it i not that there isn't work for these workers to do. it isn't th

take on this issue is david attorney author and research director at the independence institute david walker. thank you for having me if al qaeda tries to blow up a plane with a shoe bomb we ought to take off our shoes so now that they've said that they're going to send people to gun shows to exploit the gun show gun show loophole is kind of a no brainer right close the loopholes well that actually loophole that this trader was talking about shows it is really too much about the united states having left it years ago. he cleaned you could go in and sort of call it automatic assault rifle on any gun show with no background check and he's just dead wrong about i ever since the night national firearms act of one thousand nine hundred four in order to buy a machine gun on automatic weapon you have to get permission from your local law enforcement he was off i want to word the for his forgot the words. if he had said semiautomatic he would have been out of percent accurate it's a whole difference in the real between george washington and george washington carver you can see that's one word but th

i'm joined by david walker, founder and ceo of the comeback america initiative. also with us, krista freeler. this is what gets discouraging. the united states is way up here, the current level of our debt. we've got to hit that by august 2nd. let me start with a simple question. if the united states does not do this, if these talks do not produce a deal what happens? and the government can't borrow more money? >> we don't know for sure what happens. i think it is a fair bet we have real global crisis. i think the right comparison is with the collapse of lehman in the fall of 2008. the u.s. would default on its debt, wouldn't be able to pay its creditors, wouldn't be able to pay its domestic bills. and with the global economy being so weak right now, that would be a financial crisis on par with that mega shock that the global economy sustained in 2008. >> so david, you understand washington. i'll bring this up. the basic framework of the debt debate here. as you watch this play out here, the democrats say they want some tax increases. here is one of the proposals

the week i was able to be part of a couple of events in my state with former comptroller general david walker. i think most people here are acquainted with mr. walker. he had a ten-year run as the comptroller general of this country. he has since started an organization called come back america initiative and has been traveling the country trying to explain to the public the issues surrounding our national debt, high federal spending levels and their effect on our nation's future. i would add that he is someone who takes both parties to task. he is an equal opportunity critic. he is very bipartisan in his criticism of the out-of-control spending that exists here in washington, d.c. but he did point out, mr. president, the tremendous growth in government which has occurred in the course of our nation's history. in fact, when our country was founded, if you go back that many years to the formative years of our country -- and he uses the year 1800 as an example -- that government spending made up just 2% of our entire economy. 2% of our g.d.p. was represented by government spending. and today it

yesterday afternoon i spoke in this chamber and i quoted former comptroller general david walker saying "we as a country face large known and growing structural deficits that could swamp our ship of state. to get our ship of state in trim, we need to make adjustments. we need to reduce the deficit and the debt." i also discussed that when republicans demand that all revenue raisers be taken off the table in our discussions about how we reduce that deficit and that debt, as the republican leader has done just this week, what they are repolydefending -- what they are really defending is tax subsidies for profitable big oil companies. what they're repolydefending is corporations that -- what they're really defending is corporations that dodge their u.s. taxes by setting up phony business locations in the cayman islands and elsewhere. what they're really defending is ultra-high income individuals, the highest 400 earners in the country paying a lower actual tax rate than ordinary working americans. in some years lower than truck drivers, in some years as low as a hospital orderly. just last

walker. i am here to support david waggoner for the police commission. i of worked with him over the past half decade on issues affecting the homeless community, the lgbt community, the transgendered community, especially around enforcement actions are around the tenderloin, the issues you brought up about privacy and the master key and he controls that -- and who controls that. the role of the commission is to represent the citizens of san francisco and to work with the police on making sure our city is safe, that our streets are safe to walk on, but also that our rights are intact. his history as one of protecting our constitutional rights, working on issues with me around tenant issues. i sit on the board as a tenant representative. some of these issues are around a low income housing is criminal. need to take these issues seriously. i believe he represents a voice we need in the process. i hope he will recommend -- he will recommend -- you will recommend david waggoner to the police commission. supervisor kim: thank you. >> good afternoon, supervisor

the judge rejected the challenge that claimed judge vaughn walker was biased. ktvu's david stevenson has the ruling, the reasoning and the reaction. >> it's a good day not just for the lgbt community, it's a good day for california. it's a good day for people who believe in fairness. >> reporter: same-sex marriage supporters are applauding today's federal court ruling that focused on the judge that overturned the marriage ban. am same sex proponents said that judge vaughn walker stood to gain by revealing the law because he was in a same sex relationship while hearing the case last year. but chief judge james ware disagreed. he said this today. >> we trust our judges to be fair and impartial and that's what chief judge ware found here. >> reporter: in a statement this afternoon attorneys for proposition will backers said. our legal team will appeal that decision and continue our tireless efforts to defend the will of the people of california to preserve marriage as a union of a man and a woman." same-sex marriage supporters are happy. >> i've been in a same-sex marriage wit

the judge rejected the challenge that claimed judge vaughn walker was biased. ktvu's david stevenson has the ruling, the reasoning and the reaction. >> it's a good day not just for the lgbt community, it's a good day for california. it's a good day for people who believe in fairness. >> reporter: same-sex marriage supporters are applauding today's federal court ruling that focused on the judge that overturned the marriage ban. am same sex proponents said that judge vaughn walker stood to gain by revealing the law because he was in a same sex relationship while hearing the case last year. but chief judge james ware disagreed. he said this today. >> we trust our judges to be fair and impartial and that's what chief judge ware found here. >> reporter: in a statement this afternoon attorneys for proposition will backers said. our legal team will appeal that decision and continue our tireless efforts to defend the will of the people of california to preserve marriage as a union of a man and a woman." same-sex marriage supporters are happy. >> i've been in a same-sex marriage wit

other problems on his hands beyond a backlash from students walker's right hand man on the state supreme court and in fact his mentor justice david prosser is facing allegations that he choked out of another supreme court justice and walsh brady bradley excuse me in her legal chambers two weeks ago you may remember the processor is the guy who narrowly won reelection to the state's high court last month after twelve thousand votes mysteriously appeared or walk the ship to put him over the top and it was his decisive ruling that allowed governor walker's controversial anti-union law to survive a legal challenge earlier this month so what will this latest controversy over wisconsin supreme court mean for governor walker's agenda and those in wisconsin who are fighting against it for more i'm joined by john nichols washington correspondent of the nation magazine lives in madison wisconsin and democratic strategist erick knew who grew up in was because you're from wisconsin your family are going about here but my home my family is out there and throw out there i started my work and politics out and now the roll over was constant and

where i think scott walker really did cross a line for a lot of union people and union sympathizers is by basically trying to take away a lot of their collective bargaining rights. >> david, let me take over with that and ask secretary reich that question because i think the distinction between what governor walker's done in wisconsin and what was done in detroit with the auto industry, there's a difference between asking for shared pain and givebacks on the one hand and fundamentally changing the legal structure, saying to the union members, you can no longer even bargain as a union, bargain collectively. secretary reich, is this a distinction that is fundamental, or as david observed are these basically similar patterns of just givebacks given the reality of the economic moment? >> well, i think david gergen has a very good point. the reality of the economic moment does give more force and effect and to some extent more legitimacy to governors seeking to break public sector unions and also governors such as in new hampshire and missouri that are going after private sector unions and saying no, we're going to make this a so-called open shop state and you don't have to j